Company: FSTWF
Filing Date: 2025-02-28
Form Type: F-1
Source: 0001213900-25-018264
Chunk: 22

Company: FST Corp.
Filing Date: 2025-02-28
Form: F-1
Chunk 22
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 equipment may require us to incur significant expense and capital investment, which could reduce its margins and affect our operating results. Failure to anticipate and adapt to customers’ changing preferences and requirements or to hire and retain a sufficient number of engineers and maintain engineering, technological and manufacturing expertise may have a material adverse effect on the Company’s business. FST’s forecasts and projections are based upon assumptions, analyses and internal estimates developed by its management. If these assumptions, analyses or estimates prove to be incorrect or inaccurate, FST’s actual operating results may differ materially and adversely from those forecasted or projected. FST’s forecasts and projections are subject to significant uncertainty and are based on assumptions, analyses and internal estimates developed by its management, any or all of which may not prove to be correct or accurate, including, but not limited to, successfully sourcing suitable business combination opportunities in the golf club shaft industry, and the realization of any anticipated synergies or benefits from such business combination. Realization of the results forecasted will depend on the successful implementation of FST’s proposed business plan, and policies and procedures consistent with the assumptions. Future results will also be affected by events and circumstances beyond FST’s control, for example, the competitive environment, its executive team, rapid technological change, economic and other conditions in the markets in which FST operates or seeks to enter, governmental regulation and, uncertainties inherent in product development and testing, FST’s future financing needs and FST’s ability to grow and to manage growth effectively. In particular, FST’s forecasts and projections include forecasts and estimates relating to the expected size and growth of the markets in which FST operates or seeks to enter. FST’s forecasts and projections also assume that it is able to perform its obligations under its commercial contracts. For the reasons described above, it is likely that the actual results of FST’s operations will be different from the results forecasted and those differences may be material and adverse. The projected financial information appearing elsewhere in this Prospectus has been prepared by the management of the Company and reflects estimates of future performance as of the date such projected financial information was prepared. The project financial information has not been certified or examined by an accountant. FST’s projected results depend on the successful implementation of management’s growth strategies and are based on assumptions and events over which FST has only partial or no control. The assumptions underlying such projected information require the exercise of judgment and may not occur, and the projections are subject to uncertainty due to the effects of economic, business, competitive, regulatory, legislative, and