Current Report Filing (8-k)
March 14 2023 - 05:05PM
Edgar (US Regulatory)
Invitae Corp false 0001501134 0001501134
2023-03-14 2023-03-14
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 14,
2023

Invitae
Corporation
(Exact name of the registrant as specified in its charter)
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Delaware |
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001-36847 |
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27-1701898 |
(State or other jurisdiction of
incorporation or organization)
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(Commission
File Number)
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(I.R.S. employer
identification number)
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1400 16th Street, San Francisco, California 94103
(Address of principal executive offices, including zip code)
(415) 374-7782
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
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☐ |
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the
Act:
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Title of each class
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Trading
Symbol
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Name of exchange
on which registered
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Common Stock, $0.0001 par value per share |
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NVTA |
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New
York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of
1934 (§240.12b-2 of this
chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
Item 7.01 |
Regulation FD Disclosure.
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Invitae Corporation (the “Company”) informs its investors that the
vast majority of its cash, cash equivalents, and marketable
securities are held outside of Silicon Valley Bank (“SVB”). The
Company has used SVB for certain operating activities and is in the
process of transitioning such activities to a new bank. The Company
is continuing to monitor the situation and any potential impact on
its operations.
The information in this Item 7.01 is being furnished and shall not
be deemed “filed” for the purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise subject
to the liabilities of that Section. The information in this Item
7.01 shall not be incorporated by reference into any registration
statement or other document pursuant to the Securities Act of 1933,
as amended.
Forward-Looking
Statements
This Current Report on Form 8-K contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, including statements regarding transitioning certain
operating activities and the potential impact of the developments
related to SVB. Forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially.
These risks and uncertainties include, but are not limited to: the
potential impact of market and other general economic conditions,
including the risk that other banks may collapse; the risk that any
action taken by the Federal Deposit Insurance Corporation or SVB
may not be successful; customers or third parties taking certain
actions in light of the SVB risk; and the other risks set forth in
the Company’s Annual Report on Form 10-K for the year ended
December 31, 2022 and in the Company’s subsequent filings with
the Securities and Exchange Commission. These forward-looking
statements speak only as of the date hereof, and the Company
disclaims any obligation to update these forward-looking
statements.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
Dated: March 14, 2023
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INVITAE CORPORATION |
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By: |
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/s/ Thomas R. Brida
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Name: |
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Thomas R.
Brida |
Title: |
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General
Counsel |
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