Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • The total consolidated indebtedness decreased from $20 billion to $19 billion.
  • A significant data breach could lead to legal proceedings and remediation costs.
  • The principal amount of convertible senior notes increased from $250 million to $380 million.
  • Cyberattacks, ransomware attacks, and social engineering attempts are increasing in frequency.
  • Inflation rates in the U.S. are expected to continue at elevated levels in the near-term.
  • The loss of data due to cybersecurity risks could result in financial losses.
  • The Federal Reserve has raised interest rates, potentially leading to economic volatility.

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=1465128&owner=exclude

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