Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • The company instructed the trustee to liquidate investments in the Trust Account to avoid being deemed an investment company.
  • The company may complete its initial business combination by April 22, 2024, giving potential businesses leverage in negotiations.
  • The company's failure to comply with laws or regulations could have a material adverse effect on its business and lead to financial loss.
  • Failure to complete the business combination may result in public shareholders receiving approximately $10.61 per share.
  • The company's activities may be restricted if deemed an investment company, hindering the completion of the initial business combination.
  • The company may face difficulties in protecting its interests due to underdeveloped laws and regulations in non-U.S. regions.
  • The company may seek acquisition opportunities outside its target industries, potentially affecting its future performance.

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=1847112&owner=exclude

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