Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • The company provided a detailed summary of risk factors to enhance readability and accessibility.
  • The number of full-time employees increased from 291 to 346, and part-time employees increased from 11 to 35.
  • Revenue from California decreased from 24% in 2021 to 20% in 2023.
  • Total outstanding indebtedness decreased from approximately $85 million to $72 million.
  • The number of outstanding common stock shares increased from 385 to 422.
  • The percentage of outstanding common stock held by affiliates of the Sponsor decreased from 52% to 51%.
  • The percentage of outstanding common stock held by directors and executive officers decreased from 79% to 78.8%.

Full Text Changes in Most Recent 10-K

Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.

To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1870940&owner=exclude

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