PropertyGuru SPAC Presentation Deck slide image

PropertyGuru SPAC Presentation Deck

Risk Factors (Cont'd) 53 Risks Related to Our Business and Our Industry (Cont'd) 17. We have identified material weaknesses in our internal control over financial reporting and may identify additional material weaknesses in the future or fail to maintain an effective system of internal control over financial reporting, which may result in material misstatements of our consolidated financial statements or cause us to fail to meet our periodic reporting obligations. Catastrophic events may disrupt our business. Industry data, projections and estimates contained herein are inherently uncertain and subject to interpretation. Accordingly, you should not place undue reliance on such information. Fluctuations in foreign currency exchange rates will affect our financial results, which we report in Singapore Dollars. We may need to raise additional capital to grow our business and we may not be able to raise additional capital on terms acceptable to us, or at all. Our historical financial results and the unaudited pro forma financial information may not be indicative of what our actual financial position or results of operations would have been, nor are they indicative of our future consolidated results of operations or financial condition going forward. 23. Unfavorable media coverage could harm our business, financial condition, and results of operations. 24. Some of our potential losses may not be covered by insurance. We may not be able to obtain or maintain adequate insurance coverage. 18. 19. 20. 21. 22. Risks Related to Our Intellectual Property and Technology 1. We rely on third-party suppliers and service providers, many of whom have significant leverage over us. 2. We are subject to privacy, data protection and information security laws in the jurisdictions in which we operate, and these regulations could impose significant compliance burdens. 3. System interruption in our information systems and infrastructure including system capacity constraints may harm our business. 4. We may be unable to adequately protect our intellectual property, which could harm the value of our brands and our business. We may be subject to third party claims for intellectual property rights infringement. 5. Our services utilize third-party open source software components, which may pose particular risks to our proprietary software, technologies, products and services in a manner that could negatively affect our business. Risks Related to Regulatory Compliance and Legal Matters 1. We may not achieve the intended tax efficiencies of our corporate structure and intercompany arrangements, which could increase our worldwide effective tax rate. 2. We could face uncertain tax liabilities in various jurisdictions in which we operate, which could adversely impact our operating results. 3. Uncertainties with respect to laws and regulations in the countries in which we operate could adversely affect us. 4. We are from time to time involved in, and may in the future be subject to, litigation and other claims and disputes in the course of our business. 5. We may be subject to capital controls and other tax laws. 6. 7. Changes in, or failure to comply with, competition and antitrust laws could adversely affect our business, financial condition and results of operations. Our subsidiaries in Thailand and Vietnam are subject to foreign ownership restrictions under local laws, and there are inherent risks in our ownership arrangements in these countries. Risks Related to the Business Combination 1. Unanticipated losses, write-downs or write-offs, restructuring and impairment or other charges, taxes (direct or indirect), levies or other liabilities may be incurred or required subsequent to, or in connection with, the consummation of the Business Combination, which could have a significant negative effect on PubCo's financial condition and results of operations and the price of PubCo Shares, which in turn could cause you to lose some or all of your investment.
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