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Endra Life Sciences says deposits held at multiple banks to mitigate risk
The Fly

Endra Life Sciences says deposits held at multiple banks to mitigate risk

Endra Life Sciences stated: "In light of the liquidity concerns in the banking system arising from the closure of Silicon Valley Bank and appointment of the Federal Deposit Insurance Corporation as receiver, the company maintains cash deposits at multiple banks to mitigate the risk associated with a failure of any specific bank."

Published first on TheFly

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