On March 13, 2023 CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) ("CNS" or the "Company"), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, reported that it is aware that the Federal Deposit Insurance Corp. has taken control of Silicon Valley Bank ("SVB") due to liquidity concerns (Press release, CNS Pharmaceuticals, MAR 13, 2023, View Source [SID1234628603]). The Company does not hold any deposits or investments at SVB.

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