Unity Issues Statement Regarding the Events Surrounding Silicon Valley Bank
Unity Software Inc. (U)
Company Research
Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Unity Software Inc. (NYSE: U), the world’s leading platform for creating and growing real-time 3D (RT3D) content, is providing the following statement regarding the events surrounding Silicon Valley Bank:“As Silicon Valley Bank (SVB) has been placed under receivership with the Federal Deposit Insurance Corp (FDIC), Unity is disclosing that less than 5% of our cash and cash equivalents are with SVB, not including any FDIC-insured amounts, and we expect minimal impact on our operations.”About Unity Software Inc. (Unity)Unity is the world’s leading platform for content creators of all sizes to successfully realize their vision. Our comprehensive set of software solutions supports them through the entire development lifecycle as they build, run, and grow immersive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. For more information, visit unity.com.Unity uses its website (investors.unity
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Earnings
- 2/26/24 - Miss
U
Sec Filings
- 4/18/24 - Form ARS
- 4/18/24 - Form DEFA14A
- 4/18/24 - Form DEF
- U's page on the SEC website