Company: WENNU
Filing Date: 2025-02-25
Form Type: DRS
Source: 0001213900-25-016948
Chunk: 97

Company: WEN Acquisition Corp
Filing Date: 2025-02-25
Form: DRS
Chunk 97
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 such statements in accordance with federal proxy rules and complete our initial business combination within the prescribed time frame. Compliance obligations under the Sarbanes-Oxley Act may make it more difficult for us to effectuate our initial business combination, require substantial financial and management resources, and increase the time and costs of completing an initial business combination. Section 404 of the Sarbanes -OxleyAct requires that we evaluate and report on our system of internal controls beginning with our Annual Report on Form 10 -Kfor the year ending December 31, 2026. Only in the event we are deemed to be a large accelerated filer or an accelerated filer, and no longer qualify as an emerging growth company, will we be required to comply with the independent registered public accounting firm attestation requirement on our internal control over financial reporting. Further, for as long as we remain an emerging growth company, we will not be required to comply with the independent registered public accounting firm attestation requirement on our internal control over financial reporting. The fact that we are a blank check company makes compliance with the requirements of the Sarbanes -OxleyAct particularly burdensome on us as compared to other public companies because a target business with which we seek to complete our initial business combination may not be in compliance with the provisions of the Sarbanes -OxleyAct regarding adequacy of its internal controls. The development of the internal control of any such entity to achieve compliance with the Sarbanes -OxleyAct may increase the time and costs necessary to complete any such business combination. Risks Relating to the Post-Business Combination Company Subsequent to our completion of our initial business combination, we may be required to take write-downs or write-offs , restructuring and impairment or other charges that could have a significant negative effect on our financial condition, results of operations and the price of our securities, which could cause you to lose some or all of your investment. Even if we conduct due diligence on a target business with which we combine, we cannot assure you that this diligence will identify all material issues that may be present within a particular target business, that it would be possible to uncover all material issues through a customary amount of due diligence, or that factors outside of the target business and outside of our control will not later arise. As a result of these factors, we may be forced to later write -downor write -offassets, restructure our operations, or incur impairment or other charges that could result in our reporting losses. Even if our due