Risk Factors Update Summary
- Use of artificial intelligence in operations could result in legal liability and reputational harm.
- Inaccurate underwriting data could expose the company to credit risk if not mitigated.
- Increased financial losses due to economic uncertainty, rising interest rates, and inflationary pressures.
- Member data breach could lead to costly litigation, reputational damage, and revenue loss.
- Identified material weaknesses in internal financial reporting controls for 2022 and 2023.
- Limited experience of management in operating a public company poses a risk.
- Cybersecurity incidents could harm reputation, expose to liability, and affect financial results.
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=1841408&owner=exclude
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