Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • The company may prevent shareholders from selling shares at or above purchase price, potentially leading to securities class action litigation.
  • The company may redeem public warrants at a disadvantageous time, potentially rendering them worthless for investors.
  • The waiver of the corporate opportunities doctrine may impact the company's ability to pursue opportunities.
  • The company does not anticipate paying cash dividends on Class A Common Stock, focusing on retaining earnings for operations and growth.
  • The company may face limitations if securities are delisted, including reduced liquidity and decreased ability to raise capital.
  • The company may face consequences if shares issuable upon warrant exercise are not registered, potentially leading to worthless warrants.
  • The company may incur additional costs if the choice of forum provision is found unenforceable.
  • The NYSE American may delist the company's securities, impacting trading and potentially leading to adverse consequences.
  • The company has not held an annual meeting of stockholders, potentially impacting corporate protections and compliance with regulations.
  • Legislation includes a 1% excise tax on corporate stock repurchases, potentially impacting finances.

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=1842556&owner=exclude

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