Company: CRCT
Filing Date: 2025-03-05
Form Type: 10-K
Source: 0001828962-25-000039
Chunk: 110

Company: Cricut, Inc.
Filing Date: 2025-03-05
Form: 10-K
Item: Item 1A
Chunk 110
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 on the valuations of publicly traded companies excluded from the indices, but it is possible that they may depress their valuations compared to the valuations of other similar companies that are included. Because of our dual class structure, we will likely be excluded from certain of these indices and we cannot assure you that other stock indices will not take similar actions. Given the sustained flow of investment funds into passive strategies that seek to track certain indices, exclusion from stock indices would likely preclude investment by many of these funds and could make our Class A common stock less attractive to other investors. As a result, the market price of our Class A common stock could be adversely affected.

The stock price of our Class A common stock may be volatile or may decline regardless of our operating performance 

The market prices of the securities of newly public companies such as us have historically been highly volatile. The market price of our Class A common stock may fluctuate significantly in response to numerous factors, many of which are beyond our control, including: 

•overall performance of the equity markets and the performance of technology companies in particular; 

•variations in our results of operations, cash flows and other financial metrics and non-financial metrics and how those results compare to analyst expectations; 

•changes in the financial projections or business guidance we may provide to the public, or our failure to meet these projections; 

•failure of securities analysts to maintain coverage of us, changes in financial estimates by any securities analysts who follow our company or our failure to meet these estimates or the expectations of investors; 

•recruitment or departure of key personnel; 

•the economy as a whole and market conditions in our industry; 

•negative publicity related to problems in our manufacturing or the real or perceived quality of our products, as well as the failure to timely launch new products or services that gain market acceptance; 

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•rumors and market speculation involving us or other companies in our industry; 

•announcements by us or our competitors of new products, accessories, features and content, significant technical innovations, acquisitions, strategic partnerships, joint ventures or capital commitments; 

•actual or perceived privacy or data security incidents;

•new laws or regulations or new interpretations of existing laws or regulations applicable to our business; 

•lawsuits threatened or filed against us, litigation involving our industry, or both; 

•developments or disputes concerning our or other parties’ products, services or intellectual property rights; 

•the inclusion or exclusion of our Class A common stock from any trading indices;

•other events or factors