Bright Machines SPAC
Risk Factors (cont'd)
Risks Related to Laws and Regulations
New legislative and regulatory actions could adversely affect our business.
Claims from taxing authorities could have an adverse effect on our income tax expense and financial condition.
We are subject to risks relating to litigation and regulatory investigations and proceedings, which may have a material adverse effect on our business.
Failure to comply with domestic or international employment and related laws could result in the payment of significant damages, which would reduce our net income.
Future changes in the regulations and laws of the United States, or those of the international markets in which we do business, could harm our business.
Failure to comply with anti-bribery, anti-corruption, and anti-money laundering laws could subject us to penalties and other adverse consequences.
Our failure to comply with environmental laws could adversely affect our business.
Social and environmental responsibility policies and provisions may be difficult to comply with and may impose costs on us.
We may become involved in legal and regulatory proceedings and commercial or contractual disputes, which could have a material adverse effect on our profitability
and consolidated financial position.
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We are subject to, and must remain in compliance with, numerous laws and governmental regulations concerning the manufacturing, use, distribution and sale of our
products. Some of our customers also require that we comply with their own unique requirements relating to these matters.
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Failures, or perceived failures, to comply with privacy, data protection, and information security requirements in the variety of jurisdictions in which we operate may
adversely impact our business, and such legal requirements are evolving, uncertain and may require improvements in, or changes to, our policies and operations.
General Risks
We face the potential harms of natural disasters, pandemics, including the COVID-19 pandemic, acts of war, terrorism, international conflicts or other disruptions to
our operations, the duration and severity of which are highly uncertain and difficult to predict.
We may require additional capital to support growth, and such capital might not be available on terms acceptable to us, if at all. This could hamper our growth and
adversely affect our business.
Bright
Machines.
Ⓒ2021 Bright Machines, Inc.
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