Company: FSTWF
Filing Date: 2025-02-28
Form Type: F-1
Source: 0001213900-25-018264
Chunk: 23

Company: FST Corp.
Filing Date: 2025-02-28
Form: F-1
Chunk 23
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 political or other changes. There can be no assurance that FST’s financial condition, including its cash flows or results of operations, will be consistent with those set forth in such projected financial results, which could have an adverse impact on the market price of FST Ordinary Shares or the financial position of the Post -ClosingCompany. FST does not have any duty to update the financial projections included in this Prospectus. FST’s financial results may vary significantly from period to period due to fluctuations in its operating costs or expenses and other foreseeable or unforeseeable factors. FST expects its period -to -periodfinancial results to vary based on its operating costs, which FST anticipates will fluctuate as the pace at which it continues to design, develop and manufacture new products and increases production capacity by expanding its current manufacturing facilities and adding future facilities, may not be consistent or linear between periods. Additionally, FST’s revenues from period to period may fluctuate as it introduces existing products to new markets for the first time and as FST develops and introduces new products. The Post -ClosingCompany’s financial results may not meet expectations of equity research analysts, ratings agencies or investors, who may be focused only on short -termquarterly financial results. If this occurs, the trading price of FST Ordinary Shares could fall substantially, either suddenly or over time, and FST could face costly lawsuits, including securities class action suits. 11 FST may experience delays in launching and ramping the production of its products and features, or FST may be unable to control its manufacturing costs. FST has previously experienced and may in the future experience launch and production ramp delays for new products and features. In addition, FST may introduce in the future new or unique manufacturing processes and design features for its products. There is no guarantee that FST will be able to successfully and timely introduce and scale such processes or features. The Company is exposed to fluctuations in currency exchange rates. The Company generally sells its products to its customers in U.S. dollars, and incurs manufacturing costs, labor costs, research expenses, and other expenses in NTD. As a result, fluctuations in the exchange rate among the U.S. dollar and New Taiwan Dollar will affect the relative purchase power, in NTD terms, of the Company’s U.S. dollar assets. A fluctuation in the value of NTD relative to the U.S. dollar could reduce the Company’s profits from operations and the translated value of net assets when reported in U.S. dollars in the Company’s