Company: EMCRF
Filing Date: 2025-01-27
Form Type: 8-K
Source: 0001829126-25-000387
Chunk: 5

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-01-27
Form: 8-K
Item: Item 7.01
Chunk 5
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 definitive statement of fact or probability. Actual events
and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond
the control of the Company. These forward-looking statements are not guarantees of future performance and are subject to various risks
and uncertainties, assumptions (including assumptions about general economic, market, industry and operational factors), known or unknown,
which could cause the actual results to vary materially from those indicated or anticipated.

These
forward-looking statements are subject to number of risks and uncertainties, that could cause actual results to differ materially from
expected results. Such risks and uncertainties include, but are not limited to: (i) risks related to the expected timing and likelihood
of completion of the pending transaction, including the risk that the transaction may not close due to one or more closing conditions
to the transaction not being satisfied or waived, such as regulatory approvals not being obtained, on a timely basis or otherwise, or
that a governmental entity prohibited, delayed or refused to grant approval for the consummation of the transaction or required certain
conditions, limitations or restrictions in connection with such approvals; (ii) risks related to the ability of EMCG and the Company
to successfully integrate the businesses; (iii) the occurrence of any event, change or other circumstances that could give rise to the
termination of the applicable transaction agreements; (iv) the risk that there may be a material adverse change with respect to the financial
position, performance, operations or prospects of the EMCG or the Company; (v) risks related to disruption of management time from ongoing
business operations due to the proposed transaction; (vi) the risk that any announcements relating to the proposed transaction could
have adverse effects on the market price of EMCG’s securities; (vii) the risk that the proposed transaction and its announcement
could have an adverse effect on the ability of the Company to retain dealers and retain and hire key personnel and maintain relationships
with their dealers and product users and on their operating results and businesses generally; (viii) the risk that the combined company
may be unable to achieve cost-cutting synergies or it may take longer than expected to achieve those synergies; and (ix) risks associated
with the financing of the proposed transaction. The risks and uncertainties above are not exhaustive, and there may be additional risks
that neither EMCG nor the Company presently know or that EMCG and the Company currently believe are immaterial that could also cause
actual results to differ from those contained in the