Company: PERI
Filing Date: 2025-03-25
Form Type: 20-F
Source: 0001178913-25-001021
Chunk: 66

Company: Perion Network Ltd.
Filing Date: 2025-03-25
Form: 20-F
Item: Item 3
Chunk 66
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 to a number of inherent risks, including risks with respect to:
 

•   potential loss of proprietary information, technology and other intellectual property due to piracy, misappropriation, infringement,
        or other violation or laws that may be less protective of our intellectual property rights than those of the United States;     
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•   costs and delays associated with translating and supporting our products in multiple languages;
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•   foreign exchange rate fluctuations and economic instability, such as higher interest rates and inflation, which could make our products
                                                       more expensive in those countries;                                                  
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•   costs of compliance with a variety of laws and regulations;
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•   restrictive governmental actions such as trade restrictions and trade wars;
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•   limitations on the transfer and repatriation of funds and foreign currency exchange restrictions;
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•   compliance with different consumer, data protection, data privacy and cybersecurity laws and regulations, and restrictions on pricing
                                                                or discounts;                                                            
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•   lower levels of adoption or use of the internet and other technologies vital to our business and the lack of appropriate infrastructure
                                                     to support widespread internet usage;                                                 
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•   lower levels of consumer spending on a per capita basis and fewer opportunities for growth in certain foreign market segments compared
                                                            to the United States;                                                         
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•   lower levels of credit card usage and increased payment risk;
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•   changes in domestic and international tax regulations; and
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•   geopolitical events, including war and terrorism.
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Political, economic and military instability in the Middle East and specifically in Israel, including Israel’s war with Hamas and conflict with other parties in the region, may adversely affect our operations and limit our ability to market our products, which would lead to a decrease in revenues.
 
We are incorporated under Israeli law, and many of our employees, including our Chief Executive Officer, our Chief Financial Officer, and other senior members of our management team, operate from our headquarters located in Israel. In addition, many of our officers and directors are residents of Israel. Accordingly, our business and operations are directly affected by economic, political, geopolitical, and military conditions in Israel.
 
Since the establishment of the State of Israel in 1948 and in recent years, armed conflicts between Israel and its neighboring countries and terrorist organizations active in the region have involved missile strikes, hostile infiltrations, terrorism against civilian targets in various parts of Israel, and recently abduction of soldiers and citizens.
 

 
Following the October