Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Increased construction spending risks, especially in residential markets, due to factors like supply-chain disruptions. This could lead to project delays or cancellations.
  • Potential impact of $3.5 million in sales tax liabilities if the Company's appeal against the adverse ruling is unsuccessful.
  • Increased labor costs due to settlement agreements could impact financial condition and results.
  • Changes in interest rates for borrowings, affecting USD and GBP loans, with potential step-downs based on availability levels.
  • Substantial indebtedness affecting the development and sustainability of an active trading market for common stock.
  • Amendments to the Omnibus Incentive Plan increasing the total shares reserved for issuance, impacting future stock availability.
  • Fluctuations in quarterly operating results due to factors like personnel costs, service demand, product profitability, and commodity prices.

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=1703956&owner=exclude

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