Company: BCHT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002237
Chunk: 243

Company: Birchtech Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 243
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 for a variety of other reasons, not necessarily related to our actual operating performance. The capital markets have experienced extreme volatility that has often been unrelated to the operating performance of particular companies. These broad market fluctuations may adversely affect the trading price of our common stock. In addition, the average daily trading volume of the securities of small companies can be very low, which may contribute to future volatility. Factors that could cause the market price of our common stock to fluctuate significantly include:

 ·the results of operating and financial performance and prospects of other companies in our industry; ·strategic actions by us or our competitors, such as acquisitions or restructurings;

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 ·announcements of innovations, increased service capabilities, new or terminated customers, or new, amended, or terminated contracts by our competitors; ·the public’s reaction to our press releases, other public announcements, and filings with the SEC; ·lack of securities analyst coverage or speculation in the press or investment community about us or market opportunities in our industry or about the market for coal-fired power in the U.S. or abroad; ·changes in government policies in the United States and in foreign countries, if we are able to derive significant business outside of the United States; ·changes in earnings estimates or recommendations by securities or research analysts who track our common stock or failure of our actual results of operations to meet those expectations; ·market and industry perception of our success, or lack thereof, in pursuing our growth strategy; ·changes in accounting standards, policies, guidance, interpretations, or principles; ·any lawsuit involving us, our services, or our products; ·arrival and departure of key personnel; ·sales of common stock by us, our investors or members of our management team; and ·changes in general market, economic and political conditions in the United States, and global economies or financial markets, including those resulting from natural or man-made disasters.

Any of these factors, as well as broader market and industry factors, may result in large and sudden changes in the trading volume of our common stock and could seriously harm the market price of our common stock, regardless of our operating performance. This may prevent you from being able to sell your shares at or above the price you paid for your shares of our common stock, if at all. In addition, following periods of volatility in the market price of a company’s securities, stockholders often institute securities class action litigation against that company. Our involvement in any class action suit or