Plastiq SPAC Presentation Deck slide image

Plastiq SPAC Presentation Deck

Risks Related to Our Business, Operations and Industry Our estimates of market opportunity and forecasts of market growth may prove to be inaccurate, and even if the market in which we compete achieves the forecasted growth, our business could fail to grow at similar rates, if at all. 12. Unfavorable conditions in our industry or the global economy have adversely affected and could continue to adversely affect our business, results of operations, and financial condition. 13. Our business relies on the volume of the transactions paid through our platform. Currently a limited number of payers and limited number of recipients are responsible for a significant portion of our volume, and the loss or decline in volume from one or more of these customers could adversely affect our business, results of operations, and financial condition. IQ 11. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. We may not be able to scale our business quickly enough to meet our customers' growing needs, and if we are not able to grow efficiently, our operating results could be harmed. Our business is seasonal, and we experience fluctuations in our quarterly results of operations that may not fully reflect the underlying performance of our business. We participate in markets that are competitive and continuously evolving, and if we do not compete effectively with established companies and new market entrants, our business, results of operations, and financial condition could be adversely affected. If we fail to integrate with our customers' and partners' APIs for their billing and payment systems and with third-party technologies, our platform may become less marketable and less competitive or obsolete and our operating results may be harmed. If we fail to manage our growth effectively, we may be unable to execute on our plans and strategies, maintain and grow customer adoption and use of our products and services, or adequately address competitive challenges. Such growth and expansion may also subject us to additional costs and risks, and our plans may not be successful. Failure to effectively develop, expand and scale our sales and marketing capabilities could harm our ability to increase our customer base and achieve broader market acceptance of our products. If we fail to offer high-quality customer support, or if our support is more expensive than anticipated, our business and reputation could suffer. If we fail to adapt and respond effectively to rapidly changing technology, evolving industry standards, changing regulations and payment methods, demand for product enhancements, new product features, and changing business needs, requirements or preferences, our platform may become less competitive. If the prices we charge for our services are unacceptable to our customers, our operating results may be harmed. We may expand our operations to new markets outside the United States and Canada, creating a variety of operational, legal and regulatory challenges. If we fail to maintain and enhance our brand, our ability to expand our customer base will be impaired and our business, operating results and financial condition may suffer. 32
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