Company: CLPR
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001437749-25-003988
Chunk: 51

Company: Clipper Realty Inc.
Filing Date: 2025-02-14
Form: 10-K
Item: Item 1A
Chunk 51
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 we have paid in the past and such increases may not be covered by tenants pursuant to our lease agreements. If the property taxes we pay increase, our financial condition, results of operations, cash flow, per share trading price of our common stock and our ability to satisfy our principal and interest obligations and to make distributions to our stockholders could be adversely affected.
 
Risks Related to Ownership of Our Common Stock
 
The market price and trading volume of our common stock may be volatile, which could result in rapid and substantial losses for our stockholders.
 
Our financial performance, government regulatory action, tax laws, interest rates and market conditions in general could have a significant impact on the future market price of our common stock. Some of the factors that could negatively affect or result in fluctuations in the market price of our common stock include:

●   actual or anticipated variations in our quarterly or annual operating results;
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●   increases in market interest rates that lead purchasers of our shares to demand a higher yield;
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●   changes in market valuations of similar companies;
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●   adverse market reaction to any increased indebtedness we incur in the future;
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●   additions or departures of key personnel;
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●   actions by stockholders;
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●   speculation in the press or investment community;
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●   general market, economic and political conditions, including an economic slowdown or dislocation in the global credit markets;
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●   our operating performance and the performance of other similar companies;
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●   negative publicity regarding us specifically or our business lines generally;
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●   changes in accounting principles; and
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●   passage of legislation or other regulatory developments that adversely affect us or our industry, such as the Housing Stability and Tenant Protection Act of 2019, which was signed into law in New York in June 2019.
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Broad market and industry factors may decrease the market price of our common stock, regardless of our actual operating performance. The stock market in general has from time to time experienced extreme price and volume fluctuations. In addition, in the past, following periods of volatility in the overall market and the market price of a company’s securities, securities class action litigation has often been instituted against these companies. This litigation, if instituted against us, could result in substantial costs and a diversion of our management’s attention and resources.
 
There are restrictions on ownership and transfer of our common stock.
 
To assist us in qualifying as a REIT,