Company: SEAH
Filing Date: 2025-07-24
Form Type: DRS
Source: 0001213900-25-067275
Chunk: 23

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-07-24
Form: DRS
Chunk 23
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 adversely affected by a failure to protect our intellectual property. We have significant intellectual property rights, in particular with respect to our brand, “Seahawk,” and our proprietary transaction matching system. See also “— Our business depends on the continued success of our brand, and if we fail to maintain and enhance the recognition of our brand, we may face difficulty increasing our network of suppliers, customers and other business partners, and our reputation and operating results may be harmed.” We regard our intellectual property as critical to our success, and we depend, to a large extent, on our ability to develop and maintain our intellectual property rights. To do so, we rely upon a combination of trade secrets, confidential policies, nondisclosure, and other contractual arrangements and copyright, software copyright, patent, trademark, and other intellectual property laws. Despite our efforts to protect our intellectual property rights, the steps we take in this regard might not be adequate to prevent, or deter, infringement or other misappropriation of our intellectual property by competitors, former employees, or other third parties. Monitoring and preventing any unauthorized use of our intellectual property is difficult and costly, and any of our intellectual property rights could be challenged, invalidated, circumvented, or misappropriated, or such intellectual property may not be sufficient to provide us with competitive advantages. Litigation or proceedings before governmental authorities, or administrative and judicial bodies may be necessary to enforce our intellectual property rights and to determine the validity and scope of our rights. Our efforts to protect our intellectual property in such litigation and proceedings may be ineffective and could result in substantial costs and diversion of resources and management time, each of which could substantially harm our operating results. Any failure in protecting or enforcing our intellectual property rights could have a material adverse effect on our business, financial condition, results of operations or prospects. We may be subject to intellectual property claims that create uncertainty about the ownership or use of intellectual property essential to our business and divert our managerial and other resources. Our success primarily depends on our ability to operate our proprietary transaction matching system without infringing the intellectual property rights of others. Third parties may, in the future, claim our proprietary transaction matching system or our other current or future copyrights, patents, trademarks, technologies, business methods, or processes infringe on their intellectual property rights or challenge the validity of our intellectual property rights. We may be subject to intellectual property infringement claims that would be costly to defend and could limit our ability to use our proprietary transaction matching system or certain critical patents, copyrights, trademarks, or business methods. The defense