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Item 7.01. Regulation FD Disclosure.
BioCryst Pharmaceuticals, Inc. (the “Company”) is aware that, on March 10, 2023, Silicon Valley Bank (“SVB”) was closed by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation as receiver. The Company hereby informs its investors that it has no exposure to any liquidity concern at SVB.
The information in this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
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.
|Date: March 13, 2023||BioCryst Pharmaceuticals, Inc.|
/s/ Alane Barnes
|Chief Legal Officer|