I agree it's unlikely that 3DP have any cash with SVB, however given that they operate within the US and are in the tech space - most of which banked with SVB, it is a possibility that they had an account there. 3DP must have some cash reserves in USD to fund their North American operations.
Even in the unlikely scenario where 3DP had an account with SVB, I doubt they would have had anymore than the $250k which would be covered by the FDIC, given their current cash position.
The point of my original post was to outline my thoughts the impact this would have on sentiment, rather than material problems for the company. As far as my holdings go, I was a holder until a week before the half yearly report was released as I had concerns about the companies current state.
As a final point of clarification, my statement 'what a disaster' is around the current SVB situation itself, and not a commentary on 3DP. Should have made that more clear.
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