Company: IIIV
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0001728688-25-000043
Chunk: 86

Company: i3 Verticals, Inc.
Filing Date: 2025-02-07
Form: 10-Q
Item: Part I, Item 1
Chunk 86
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 the use of credit cards; 

•changes in the budgets or regulatory environments of our Public Sector customers, primarily local and state governments, that could negatively impact spending;

•our ability to increase our existing vertical markets, grow within the current vertical markets in which we operate and execute our growth strategy; 

•our ability to successfully identify acquisition targets, complete those acquisitions and effectively integrate those acquisitions into our services; 

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•potential degradation of the quality of our products, services and support;

•our ability to retain customers; 

•our ability to attract, recruit, retain and develop key personnel and qualified employees; 

•risks related to laws, regulations, and industry standards;

•risk of chargeback liabilities if our customers refuse or cannot reimburse chargebacks resolved in favor of their customers;

•risks related to laws, regulations and industry standards, including our ability to comply with complex laws and regulations applicable to the healthcare industry or to adjust our operations in response to changing laws and regulations;

•the impact of recent decisions of the U.S. Supreme Court regarding the actions of federal agencies;

•the impact of government investigations, claims, and litigation;

•the effects of health reform initiatives;

•risks related to our international operations;

•our indebtedness and our ability to maintain compliance with the financial covenants in our 2023 Senior Secured Credit Facility (as defined below);

•our ability to meet our liquidity needs;

•our ability to raise additional funds on terms acceptable to us, if at all, whether through debt, equity or a combination thereof; 

•operating and financial restrictions imposed by our 2023 Senior Secured Credit Facility;

•risks related to the accounting method for i3 Verticals, LLC's 1.0% Exchangeable Notes due February 15, 2025 (the "Exchangeable Notes");

•our ability to raise the funds necessary to settle exchanges of the Exchangeable Notes or to repurchase the Exchangeable Notes upon a fundamental change; and

•the "Risk Factors" included in our Form 10-K and included in Part II, Item 1A of this Quarterly Report on Form 10-Q, if any. 

We caution you that the foregoing list may not contain all of the forward-looking statements made in this Quarterly Report on Form 10-Q.

Although we base these forward-looking statements on assumptions that we believe are reasonable when made, we caution you that forward-looking statements are not guarantees of future performance and that our actual results of operations, financial condition and liquidity, and