Company: FWFW
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002097
Chunk: 6

Company: FLYWHEEL ADVANCED TECHNOLOGY, INC.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 1
Chunk 6
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 Securities and Exchange Commission (“SEC”) in compliance
with Section 13 of the Securities Exchange Act of 1934 (the “Exchange Act”).

The
direction our management ultimately pursues, along with any future business acquisitions, may subject us to additional laws or regulations.
These may include requirements that necessitate significant compliance expenditures, such as the increasing regulation of privacy at
the state level. Such obligations could divert considerable human and financial resources toward compliance efforts, potentially adversely
affecting our future operating results.

Employees

As
of the date of this report, we do not have full time employees.

Available
Information

Our
principal executive offices and corporate headquarters are located at 123
West Nye Lane, Suite 455, Casron City, NV 89706.

We
do not currently have a website. You may access our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form
8-K and amendments to those reports, as well as other reports relating to us that are filed with, or furnished to, the SEC free of charge
on the SEC’s website (www.sec.gov) as soon as reasonably practicable after such material is electronically filed with, or
furnished to, the SEC.

-6-

ITEM
1A. RISK FACTORS

Risks
Relating to Our Business and Financial Condition

We
currently have no operations, and investors therefore have no basis on which to evaluate the Company’s future prospects.

We
currently have no operations and will be reliant upon a merger with or acquisition of an operating business to commence operations and
generate revenue. Because we have no operations and have not generated revenues, investors have no basis upon which to evaluate our ability
to achieve our business objective of locating and completing a business combination with a target business. We have no current arrangements
or understandings with any prospective target business concerning a business combination and may be unable to complete a business combination
in a reasonable timeframe, on reasonable terms or at all. If we fail to complete a business combination as planned, we will not generate
any operating revenues.

We
may face difficulties or delays in our search for a business combination, and we may not have access to sufficient capital to consummate
a business combination.

We
may face difficulty identifying a viable business opportunity or negotiating or paying for any resulting business combination. Economic
factors that are beyond our control, including the COVID-19 pandemic and consequent economic downturn, as well as increased competition
for