Anavex Life Sciences Corp (AVXL)

[FitzyP33]

From the recent 10-K. I think I saw somewhere else, but couldn't find, that the money is at JP Morgan Chase. My guess is a "large well-known financial institution" isn't SVB, but who knows.
The Company maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. Accounts are guaranteed by the Federal Deposit Insurance Corporation (FDIC) up to $250,000, under current regulations. At September 30, 2022 and 2021, substantially all of the Company’s cash balances were in excess of these federally insured limits. The Company mitigates this risk by maintaining the majority of its cash balances in a large well-known financial institution. The Company has not experienced any losses in such accounts.