Company: LAWIL
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0000750004-25-000016
Chunk: 17

Company: Light & Wonder, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1A
Chunk 17
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 proposed Grover Charitable Gaming acquisition exposes us to a number of risks and uncertainties, including the possibility that the conditions to the completion of the proposed Grover Charitable Gaming acquisition, including the receipt of regulatory and gaming approvals, may not be satisfied; that a material adverse change, event or occurrence may affect the Company and Grover Charitable Gaming prior to the closing of the proposed Grover Charitable Gaming acquisition and may delay the proposed transaction or cause the companies to abandon the proposed transaction; that significant expenses associated with the review, pursuit and consummation of the proposed Grover Charitable Gaming acquisition will be incurred; that the proposed Grover Charitable Gaming acquisition may involve unexpected costs, liabilities or delays, including as a result of increased exposure to potential litigation; that the businesses of the Company and Grover Charitable Gaming may suffer as a result of uncertainty surrounding the proposed Grover Charitable Gaming acquisition; that management’s time will be diverted to the processes associated with evaluating and consummating the proposed Grover Charitable Gaming acquisition; that the Company will have difficulties in attracting, retaining or motivating key management personnel of Grover Charitable Gaming; that disruptions from the proposed Grover Charitable Gaming acquisition will harm relationships with customers, employees and suppliers; and that the Company may be unable to achieve the expected financial, operational and strategic benefits of the proposed Grover Charitable Gaming acquisition and may not be able to successfully integrate the Grover Charitable Gaming charitable business into the Company’s operations.  Any of these factors could disrupt our business and could have a material adverse effect on our business, financial condition, results of operations, cash flows or stock price. There can be no assurance that the proposed Grover Charitable Gaming acquisition will provide greater value to our stockholders than that reflected in our current stock price.  The proposed Grover Charitable Gaming acquisition and its anticipated benefits are dependent upon a number of factors that are beyond our control, including among other factors, market conditions, industry trends, regulatory developments, litigation and the interest of third parties in this business.

We depend on our suppliers and contract manufacturers, and any failure of these parties to meet our performance and quality standards or requirements could cause us to incur additional costs or lose customers.

Our operating results could be adversely affected by an interruption or cessation in the supply of these items or a serious quality assurance lapse, including as a result of the insolvency of any of our key suppliers.

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Similarly, the manufacture and maintenance of our gaming machines and gaming systems are dependent upon a regular and continuous supply