Article from my other brokerage account. Bad news...  May 1...

May 11 (Reuters) - Silvergate Capital Corp :
* SILVERGATE CAPITAL CORP - APPROXIMATELY 230 EMPLOYEES WILL BE SEPARATED
* SILVERGATE CAPITAL CORP - EFFECTIVE ON MAY 12, 2023,
APPROXIMATELY 230 EMPLOYEES WILL BE SEPARATED
* SILVERGATE CAPITAL CORP - ADDITIONAL INCREMENTAL
REDUCTIONS IN HEADCOUNT ARE EXPECTED TO OCCUR ON EACH OF JUNE 30, AUGUST 30, NOVEMBER 30, OR LATER
* SILVERGATE CAPITAL - ESTIMATES AGGREGATE COSTS ASSOCIATED WITH REDUCTIONS IN FORCE OF APPROXIMATELY $13.6 MILLION
* SILVERGATE CAPITAL CORP SAYS CO UNABLE TO FILE ITS QUARTERLY REPORT ON FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2023
* SILVERGATE CAPITAL CORP- IN MARCH 2023, BANK FULLY REPAID
ITS OUTSTANDING BORROWINGS FROM THE FEDERAL HOME LOAN BANK.
* SILVERGATE CAPITAL CORP- AS OF MAY 9, HAD CASH, CASH
EQUIVALENTS EXCESS OF AMOUNTS REQUIRED TO FULLY REPAY ALL REMAINING DEPOSIT
LIABILITIES OF BANK
* SILVERGATE CAPITAL - FOLLOWING REDUCTION EFFECTIVE IN MAY, REMAINING ABOUT 80 OFFICERS & EMPLOYEES WILL FOCUS ON IMPLEMENTING BANK LIQUIDATION
* SILVERGATE - DUE TO PROBES, POTENTIAL LIABILITIES FROM VARIOUS LITIGATION, CO'S PUBLIC ACCOUNTING FIRM UNABLE TO COMPLETE AUDIT FOR 2022 FORM 10-K
* SILVERGATE CAPITAL CORP - NYSE SUSPENDED TRADING IN CO'S SECURITIES AND INDICATED TO CO THAT IT EXPECTS TO COMMENCE DELISTING SHORTLY THEREAFTER