Company: SEAH
Filing Date: 2025-09-25
Form Type: F-1
Source: 0001213900-25-091701
Chunk: 24

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-09-25
Form: F-1
Chunk 24
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 other liabilities to our customers, harm our relationships with our customers, damage our reputation, or cause us to forego potential revenue opportunities, even though pursuant to the delivery orders we generally place to the logistics service providers, we will have the contractual rights to seek reimbursement and compensation from them. Any of the foregoing may materially and adversely affect our business, financial condition and results of operations. We export our products to serve a broad customer base across East Asia and Southeast Asia and operate an international supply chain by sourcing waste paper from suppliers in the United States to our customers in Malaysia through international ocean freights, which exposes us to various risks relating to long-distance transportation of them. We export our waste paper, paper pulp and processed and dismantled metal wire to serve a broad customer base across East Asia and Southeast Asia and operate an international supply chain by sourcing waste paper from suppliers in the United States to our customers in Malaysia through international ocean freights. The geographical separation of our suppliers and our customers necessitates constant long -distancetransportation of our products. The constant long -distancetransportation of our products may expose us to various risks, including (i) an increase in transportation costs, (ii) loss or damage of our products as a result of any accidents that may occur in the transportation process, (iii) delays in the transportation of our products as a result of any severe weather conditions, natural disasters, or other conditions adversely affecting sea traffic, and (iv) disruptions to our sales of products as a result of delays in the transportation of them. While for ocean freights, pursuant to the delivery orders we generally place to the international ocean freight service providers, the risk of loss or damage of the products will be transferred to the customers either when the products are loaded onto the vessel at the departure ports or when the products arrive at the ports designated by the customers, or we may have contractual rights to seek reimbursement and compensation from the ocean freight service providers if any of these risks incurred, they could nevertheless have a material adverse effect on our business, financial condition and results of operations, cause us to incur delay -relatedliquidated damages or other liabilities to our customers, harm our relationships with our customers, damage our reputation, or compel us to forego potential revenue opportunities. The differences between our merchandise costs and sales of the products may fluctuate or decline in the future. Any material decrease in such price differences would harm our business, financial condition and results of operations. Our income generation is primarily derived from the differences between the merchandise costs and