Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Potential and actual cyberattacks pose a significant threat to our operations and financial condition.
  • Engines on-lease decreased from 65% to 57% of assets, with engines off-lease at 24%.
  • Committed to purchasing new engines in 2024 valued at $138 million, up from $98 million.
  • Monthly fees of 11% on engines held in related engine reserve restricted facilities.
  • Mr. Willis beneficially owned or had the ability to direct the voting of 3,610 shares.
  • Issuance of 6.5% Series A Preferred Stock and 6.5% Series A-2 Preferred Stock.

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=1018164&owner=exclude

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