Company: SEAH
Filing Date: 2025-09-25
Form Type: F-1
Source: 0001213900-25-091701
Chunk: 23

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-09-25
Form: F-1
Chunk 23
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 subject us to new or different laws, regulations or tax consequences. If we fail to comply with the newly applicable laws, regulations or tax consequences, or complying with them is too burdensome, our expansion may not be successful, and our business, financial condition, results of operations and prospects may be materially and adversely affected. We rely on third-party logistics service providers to pick up and deliver our products, and our operations could be disrupted if there is any deterioration of our relationships with these third-party logistics service providers. We rely on third -partylogistics service providers to deliver the products from the suppliers to the customers. For domestic delivery, we depend on third -partyland logistics service providers, and for export transactions, we are dependent on land logistics service providers for picking up products from the suppliers and transporting the products to the ports and on third -partyinternational ocean freight service providers to ship the products to the designated ports through international ocean freights. As we do not generally enter into long -termlogistics services agreements with 12 specific logistics service providers but arrange the delivery of our products by placing fixed -termdelivery orders to them on a deal -by -dealbasis instead, we may not be successful in negotiating favorable terms pertaining to the cost, capacity, delivery timelines, and other necessary matters for each delivery in the future. If we are compelled to place delivery orders on less favorable terms than we previously and currently have with the third -partylogistics service providers we work with, or there are any adverse changes in our relationships with them, our business, financial condition and results of operations may be materially and adversely affected. In addition, we may be negatively impacted by the potential deterioration in the financial conditions of the third -partylogistics service providers we work with. If they become unable or unwilling to deliver our products in sufficient capacities, at favorable prices, on a timely basis due to their financial conditions or otherwise, we would have to identify, qualify, and select acceptable alternative third -partylogistics service providers. Alternative third -partylogistics service providers may not be available to us when needed or may not be in a position to satisfy our capacity requirements on commercially reasonable terms, or be able to fulfill comparable pricing and timing requirements. Any significant interruption or delay of the third -partylogistics service providers in delivering the products would require us to suspend our delivery of products to our customers or increase our shipping costs to make up for delays, if possible, which in turn could reduce our revenue, cause us to incur delay -relatedliquidated damages or