Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • The Company may elect to limit or not maintain insurance due to high premiums. This could result in financial loss.
  • The Company possibly being classified as a passive foreign investment company could impact U.S. federal tax obligations.
  • Management believes there is a possibility the Company could be classified as a PFIC in 2023.
  • Legislation in response to climate change could impact operations and require compliance adjustments.
  • Attention to international tax avoidance techniques may affect the Company's Common Shares.
  • Loss of Common Share listing on exchanges due to noncompliance could impact the Company.
  • Cybersecurity breaches may lead to various risks including information theft and reputational harm.

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=783324&owner=exclude

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