Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Investment in Freedom VCM and Brian Kahn's relationship may adversely affect business, reputation, and stock price.
  • Identified material weaknesses in internal control over financial reporting, which could lead to loss of investor confidence.
  • Completed FRG take-private transaction, leading to adverse impacts on business, operations, and reputation.
  • Consumer finance receivables investments totaling $62.8 million are dependent on ultimate collection and performance.
  • Increased market interest rates may decrease the value of senior notes and raise future borrowing costs.
  • Short sellers' allegations have negatively affected stock price, causing significant volatility and potential decline.

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=1464790&owner=exclude

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