Risk Factors Update Summary
- The SPAC Rules adopted final rules enhancing disclosures in initial business combination transactions.
- The SPAC Rules require disclosure of all material bases and assumptions underlying projections.
- A new 1% U.S. federal excise tax may apply to redemptions of Class A Common Stock.
- The Inflation Reduction Act imposes a 1% excise tax on certain stock repurchases.
- Failure to complete the initial business combination by December 6, 2024, may result in liquidating distribution.
- The company may be required to liquidate securities in the Trust Account, reducing potential returns.
- Cyber incidents could lead to information theft, operational disruption, financial loss, and reputational damage.
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=1894630&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.