Company: IPAR
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001753926-25-000424
Chunk: 9

Company: INTERPARFUMS INC
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1A
Chunk 9
---
 acquisitions could significantly dilute our stockholders and/or result in an increase in our indebtedness. We may acquire or make investments in businesses or products in the future, and such acquisitions may entail numerous integration risks and impose costs on us, including:

 ●  

 difficulties in assimilating acquired operations or products, including the loss of key employees from acquired businesses;      

 ●  

 diversion of management’s attention from our core business;   

 ●  

 adverse effects on existing business relationships with suppliers and customers;   

 ●  

 risks of entering markets in which we have no or limited prior experience;   

 ●  

 dilutive issuances of equity securities;   

 ●  

 incurrence of substantial debt;   

 ●  

 assumption of contingent liabilities;   

 ●  

 incurrence of significant amortization expenses related to intangible assets and the potential impairment of acquired assets; and   

 ●  

 incurrence of significant immediate write-offs.      

Our failure to successfully complete the integration of any acquired business could have a material adverse effect on our business, financial condition and operating results.

22    

Joint arrangements or strategic alliances in geographic markets in which we have limited, or no prior experience may expose us to additional risks.

We review, and from time to time may establish arrangements and strategic alliances that we believe would complement our current product offerings, increase the size and geographic scope of our operations or otherwise offer growth and operating efficiency opportunities. These business relationships may require us to rely on the local expertise of our partners with respect to market development, sales, local regulatory compliance and other matters. Further, there may be challenges with ensuring that such arrangements or strategic alliances implement the appropriate internal controls to ensure compliance with the various laws and regulations applicable to us as a U.S. public company. Accordingly, in addition to commercial and operational risk, these arrangements and strategic alliances may entail risks such as reputational risk and regulatory compliance risk. In addition, there can be no assurance that we will be able to identify suitable alliances or candidates, that we will be able to consummate any such alliances or arrangements on favorable terms, or that we will realize the anticipated benefits of entering into any such alliances or arrangements.

If we are unable to protect our intellectual property rights, specifically trademarks and brand names, our ability to compete could be negatively impacted.

The market for our products depends to a significant extent upon the value associated with trademarks and brand names that we license, use or own. We have licenses or other rights to use or own the material trademark and brand name rights in connection with the packaging, marketing and distribution of our major products both in the