By Denny Jacob
Aehr Test Systems said it has a checking account at Silicon Valley Bank, which collapsed Friday, but it represents less than 6% of its $41.8 million in cash and short-term liquid assets. Shares edged up 0.4% in after-market trading.
Roku Inc. said over a quarter of its total cash balance is held at Silicon Valley Bank and is largely uninsured. Shares slipped 3.4% in after-hours trading.
Cingulate Inc. said it’s offering around 8.6 million shares at an assumed combined public offering price of $1.45 each and accompanying warrant. Shares dived 26% in after-market trading.
Write to Denny Jacob at firstname.lastname@example.org
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