Company: SEAH
Filing Date: 2025-07-24
Form Type: DRS
Source: 0001213900-25-067275
Chunk: 16

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-07-24
Form: DRS
Chunk 16
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 the products, their financial conditions or otherwise, we would have to identify, qualify, and select acceptable alternative suppliers. Alternative suppliers may not be available to us when needed or may not be in a position to satisfy our quantity requirements on commercially reasonable terms, or be able to fulfill comparable pricing and timing requirements. Any significant interruption or delays of our suppliers in supplying the products would require us to reduce or delay our delivery of products to our customers or increase our shipping costs to make up for delays, if possible, which in turn could reduce our revenue, cause us to incur delay -relatedliquidated damages or other liabilities to our customers, harm our relationships with our customers, damage our reputation, or cause us to forego potential revenue opportunities. The growth and profitability of our business depend on the level of consumer demand and discretionary spending. A severe or prolonged economic downturn in Japan, East Asia or Southeast Asia could materially and adversely affect consumer discretionary spending and therefore adversely affect our business, financial condition and results of operations. The success of our business depends, to a significant extent, on the level of consumer demand and discretionary spending in Japan, East Asia or Southeast Asia. Several factors beyond our control may affect the level of consumer demand and discretionary spending on products that we sell, including, among other things: •general economic and industry conditions; •discounts, promotions and merchandise offered by our competitors; •negative reports and publicity about the waste paper or scrap metal recycling and trading industry; •outbreak of viruses or widespread illness, including COVID -19caused by the novel coronavirus; •unemployment levels; •minimum wages and debt levels of consumers; •access to consumption loans by consumers; •consumer confidence in future economic conditions; •fluctuations in the financial markets; and •natural disasters, war, terrorism and other hostilities. Reduced consumer confidence and spending cutbacks may result in reduced demand for renewable resources. Reduced demand also may require increased selling and promotional expenses. Adverse economic conditions and any related decrease in consumer demand for renewable resources could have a material adverse effect on our business, financial condition and results of operations. For example, the COVID -19pandemic has reduced the number of trips consumers make to brick -and -mortarstores, including offline used household appliance stores. The COVID -19pandemic has also resulted in a severe and negative impact on the Japanese, East Asia, Southeast Asia and the global economy. Negative economic conditions related to this outbreak may limit consumer confidence and the amount of disposable income available to consumers, which may impact