Bright Machines SPAC slide image

Bright Machines SPAC

Risk Factors (cont'd) Risks Related to Our Operations, Our Business, Our Industry and the Economy (cont'd) If we are unable to develop and maintain successful relationships with channel partners, our business, operating results and financial condition could be adversely affected. • i + H . i If we are not able to effectively grow our global sales and marketing organization, or maintain or grow an effective network of distributors and software value-added resellers and integrators, our business prospects, results of operations and financial condition could be severely affected. - If we do not manage our growth effectively or fail to grow our business as anticipated, our results of operations, cash flows and profitability, including our net sales, gross margin and operating margin, could be materially adversely affected. If we grow as anticipated but fail to manage our growth and expand our operations accordingly, our business may be harmed and our results of operation may suffer. Our current chief financial officer will be leaving the company following this offering. Although he has expressed his intention to remain with Bright Machines until his successor has been hired, we cannot assure that the transition to a new chief financial officer will not have an adverse effect on Bright Machines. Risks Related to Our Intellectual Property and Technology Intellectual property infringement claims of others and the inability to protect our intellectual property rights could harm our business and our customers. The success of certain of our activities depends on our ability to protect our intellectual property rights, claims of infringement or misuse of intellectual property and/or breach of license agreement provisions against our customers or us could harm our business, If we fail to adapt and respond effectively to rapidly changing technology, evolving industry standards and changing customer needs or requirements, our solutions may become less competitive. We depend on third-party data hosting and transmission services. Increases in cost, interruptions in service, latency, or poor service from our third-party data center providers could impair the delivery of our services. This could result in customer dissatisfaction, damage to our reputation, loss of customers, limited growth, and reduction in revenue. We may not be able to obtain patent protection or otherwise adequately protect or enforce our intellectual property rights, which could impair our competitive position. We rely on licenses to use the intellectual property rights of third parties which are incorporated into our services. Failure to renew or expand existing licenses may require us to modify, limit or discontinue certain offerings, which could materially affect our business, financial condition and results of operations. Bright Machines. Ⓒ2021 Bright Machines, Inc.
View entire presentation