Company: MYND
Filing Date: 2025-03-26
Form Type: 20-F
Source: 0001628280-25-014832
Chunk: 7

Company: Mynd.ai, Inc.
Filing Date: 2025-03-26
Form: 20-F
Item: Item 3
Chunk 7
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 extent our research and development investments do not translate into new solutions or material enhancements to our current solutions, or if we do not use those investments efficiently, or such investments are not sufficient, our business and results of operations would be harmed.

We may invest in research and development efforts internally and/or through third party relationships to develop new products and improve and enhance our existing solutions to address additional applications and markets. If we do not spend our research and development budget efficiently or effectively or if we do not invest enough in R& D, our business may be harmed. Moreover, research and development projects can be technically challenging and expensive and we may not be able to secure third party relationships that will lead to successful innovations, products or services. If we expend a significant amount of resources on research and development and our efforts do not lead to the successful introduction or improvement of solutions that are competitive in our current or future markets, or if we do not invest sufficiently on research and development efforts, it would harm our business, financial condition and results of operations.

Our business operations are significantly dependent on the importation of products manufactured in China and Mexico into the United States. The current administration has recently announced the imposition of new tariffs on goods imported from Mexico and has increased tariffs on imported goods from China. The imposition of these new/increased tariffs as well as the imposition of reciprocal tariffs imposed on U. S. goods, could materially harm our business.

Our business operations are significantly dependent on the importation of products manufactured in China and Mexico into the United States. The imposition of new and increased tariffs could materially harm our business in several ways as follows:

•Increased Costs: Higher tariffs on our imported products could lead to increased costs of goods sold, which may not be fully passed on to our customers. This could negatively impact our profit margins and overall financial performance;

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•Supply Chain Disruptions: The imposition of tariffs could disrupt our supply chain, causing delays and increased costs associated with sourcing materials and products. This could affect our ability to meet customer demand in a timely and cost-effective manner;

•Competitive Disadvantage: Increased tariffs could place us at a competitive disadvantage compared to other manufacturers that may be importing from countries not subject to similar tariffs. This could result in a loss of market share and adversely affect our business operations;

•Uncertainty and Market Volatility: The ongoing uncertainty regarding trade policies and potential tariff increases could lead to market volatility, affecting our stock price and investor confidence. This uncertainty may also impact our strategic planning and investment decisions;

Given