Company: WENNU
Filing Date: 2025-06-27
Form Type: 10-Q
Source: 0001213900-25-059037
Chunk: 73

Company: WEN Acquisition Corp
Filing Date: 2025-06-27
Form: 10-Q
Item: Part I, Item 8
Chunk 73
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-Business Combination company.

There have recently been significant changes
to international trade policies and tariffs affecting imports and exports. Any significant increases in tariffs on goods or materials
or other changes in trade policy could negatively affect our search for a target and/or our ability to complete our initial Business
Combination.

Recently, the U.S. has implemented a range of
new tariffs and increases to existing tariffs.  In response to the “tariffs announced by the U.S., other countries have imposed,
are considering imposing, and may in the future impose new or increased tariffs on certain exports from the United States. There is currently
significant uncertainty about the future relationship between the United States and other countries with respect to trade policies, taxes,
government regulations and tariffs. and we cannot predict whether, and to what extent, current tariffs will continue or trade policies
will change in the future.

Tariffs, or the threat of tariffs or increased
tariffs, could have a significant negative impact on certain businesses (either due to domestic businesses’ reliance on imported
goods or dependence on access to foreign markets, or foreign businesses’ reliance on sales into the United States). In addition,
retaliatory tariffs could have a significant negative impact on foreign businesses that rely on imports from the United States, and domestic
businesses that rely on exporting goods internationally. These tariffs and threats of tariffs and other potential trade policy changes
could negatively affect the attractiveness of certain initial Business Combination targets, or lead to material adverse effects on a
post-Business Combination company. Among other things, historical financial performance of companies affected by trade policies and/or
tariffs may not provide useful guidance as to the future performance of such companies, because future financial performance of those
companies may be materially affected by new U.S. tariffs or foreign retaliatory tariffs, or other changes to trade policies. The business
prospects of a particular target for a Business Combination could change even after we enter into a Business Combination agreement, as
a result of tariffs or the threat of tariffs that may have a material impact on that target's business, and it may be costly or impractical
for us to terminate that Business Combination agreement.  These factors could affect our selection of a Business Combination target.  

We may not be able to adequately address the
risks presented by these tariffs or other potential trade policy changes. As a result, we may deem it costly, impractical or risky to
complete an initial Business Combination with a particular target or with a target in a particular industry or