Company: ALDA
Filing Date: 2025-05-13
Form Type: 10-Q
Source: 0001548123-25-000035
Chunk: 9

Company: ATLANTICA INC
Filing Date: 2025-05-13
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 a vehicle to acquire or merge with a business or company. Regardless, the commencement
of any business opportunity will be preceded by the consideration and adoption of a business plan by our Board of Directors. We do not
intend to restrict our search for business opportunities to any particular business or industry, and the areas in which we will seek out
business opportunities or acquisitions, reorganizations or mergers may include, but will not be limited to, the fields of high technology,
manufacturing, natural resources, service, research and development, communications, transportation, insurance, brokerage, finance and
all medically related fields, among others. We recognize that the number of suitable potential business ventures that may be available
to our Company may be extremely limited, and may be restricted to entities who desire to avoid what such entities may deem to be the adverse
factors related to an initial public offering (“ IPO”). The most prevalent of these factors include substantial time requirements,
legal and accounting costs, the inability to obtain an underwriter who is willing to publicly offer and sell shares, the lack of or the
inability to obtain the required financial statements for such an undertaking, limitations on the amount of dilution to public investors
in comparison to the stockholders of any such entities, along with other conditions or requirements imposed by various federal and state
securities laws, rules and regulations and federal and state agencies that implement such laws, rules and regulations. Any of these types
of transactions, regardless of the particular prospect, would require us to issue a substantial number of shares of our common stock,
that could amount to as much as 95% of our outstanding securities following the completion of any such transaction; accordingly, investments
in any such private enterprise, if available, would be much more favorable than any investment in our Company.

Management intends to consider a number of factors
prior to making any decision as to whether to participate in any specific business endeavor, none of which may be determinative or provide
any assurance of success. These may include, but will not be limited to, as applicable, an analysis of the quality of the particular entity’s
management personnel; the anticipated acceptability of any new products or marketing concepts that it may have; the merit of its technological
changes; its present financial condition, projected growth potential and available technical, financial and managerial resources; its
working capital, history of operations and future prospects; the nature of its present and expected competition; the quality and experience
of its management services and the depth of its management; its potential