Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Specialty Lending segment concentration risk: $23.8 million loan from one borrower (62% of total).
  • Specialty Lending segment relies on borrowers' ability to collect charged off receivables accurately.
  • Reduction in Series N Preferred Stock from 565 to 563 shares.
  • Decrease in goodwill as a percentage of total assets from 11% to 9%.

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=849145&owner=exclude

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