Company: SYRA
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001493152-25-009873
Chunk: 274

Company: Syra Health Corp
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1A
Chunk 274
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 services companies and, as a result of this lack of
liquidity, sales of relatively small quantities of shares of our Class A common stock by our stockholders may disproportionately influence
the price of our Class A common stock. The market price of our Class A common stock may decline below the initial public offering price,
and you may lose some or all of your investment.

-21-

Unstable
market and economic conditions and adverse developments with respect to financial institutions and associated liquidity risk may have
serious adverse consequences on our business, financial condition and stock price.

The
global credit and financial markets have recently experienced extreme volatility and disruptions, including severely diminished liquidity
and credit availability, declines in consumer confidence, declines in economic growth, inflationary pressure and interest rate changes,
increases in unemployment rates and uncertainty about economic stability. The financial markets and the global economy may also be adversely
affected by the current or anticipated impact of military conflict, including the conflict between Russia and Ukraine, terrorism or other
geopolitical events. Sanctions imposed by the United States and other countries in response to such conflicts, including the one in Ukraine,
may also adversely impact the financial markets and the global economy, and any economic countermeasures by the affected countries or
others could exacerbate market and economic instability. More recently, the closures of Silicon Valley Bank and Signature Bank and their
placement into receivership with the Federal Deposit Insurance Corporation (“FDIC”) created bank-specific and broader financial
institution liquidity risk and concerns. Although the Department of the Treasury, the Federal Reserve, and the FDIC jointly confirmed
that depositors at SVB and Signature Bank would continue to have access to their funds, even those in excess of the standard FDIC insurance
limits, under a systemic risk exception, future adverse developments with respect to specific financial institutions or the broader financial
services industry may lead to market-wide liquidity shortages, impair the ability of companies to access near-term working capital needs,
and create additional market and economic uncertainty. There can be no assurance that future credit and financial market instability
and a deterioration in confidence in economic conditions will not occur. Our general business strategy may be adversely affected by any
such economic downturn, liquidity shortages, volatile business environment or continued unpredictable and unstable market conditions.
If the equity and credit markets deteriorate, or if adverse developments are experienced by financial institutions, it may cause short-term
liquidity risk and also make any necessary debt or equity financing more difficult, more costly and more dilutive. Failure to secure
any necessary financing in a