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Unity issues statement regarding events surrounding Silicon Valley Bank
The Fly

Unity issues statement regarding events surrounding Silicon Valley Bank

Unity Software (U) provided the following statement regarding the events surrounding Silicon Valley Bank: "As Silicon Valley Bank (SIVB) 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."

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