Proterra’s Statement on Minimal Exposure to Silicon Valley Bank: A Heartfelt Perspective
Proterra’s Statement on Minimal Exposure to Silicon Valley Bank: A Heartfelt Perspective BURLINGAME, Calif., March 12, 2023 (GLOBE NEWSWIRE) — Proterra Inc (NASDAQ: PTRA), a leading innovator in commercial vehicle electrification technology, today issued the following statement regarding Silicon Valley Bank’s (“SVB”) transition into receivership by the Federal Deposit Insurance Corporation (“FDIC”): “While we continue…