Company: HOUS
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001398987-25-000020
Chunk: 196

Company: Anywhere Real Estate Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1
Chunk 196
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 and prospects;

•future sales of substantial amounts of our common stock in the public market;

•the incurrence of additional indebtedness or other adverse changes relating to our debt;

•commencement of new, or adverse resolution of or developments in, legal or regulatory proceedings against the Company or the industry; 

•the public's reaction to announcements concerning our business or our competitors' businesses;

•changes in earnings estimates by securities analysts covering our stock or if securities analysts cease publishing or publish unfavorable research about our business;

•ratings changes or commentary by rating agencies on our debt;

•press releases or other commentary by industry forecasters or other housing market participants;

•market and industry perception of our success, or lack thereof, in pursuing our business strategy;

•actual or potential changes in laws, regulations and legal and regulatory interpretations;

•changes to industry rules or practices that actually or may potentially adversely alter policies, practices, rules or regulations governing the functioning of the residential real estate market;

•changes in housing or mortgage finance markets or other housing fundamentals, including changes in interest and mortgage rates;

•changes in accounting standards, policies, guidance, interpretations or principles;

•arrival and departure of key personnel;

•actions of current or prospective stockholders (including activists or several top stockholders acting alone or together) that may cause temporary or speculative market perceptions, including market rumors and short selling activity in our stock; and

•changes in general market, economic and political conditions in the United States and global economies or financial markets.

If any of the foregoing occurs, it could cause our stock price to fall or experience volatility and may expose us to litigation, including class action lawsuits that, even if unsuccessful, could be costly to defend and a distraction to management.

Delaware law and our organizational documents may impede or discourage a takeover, which could deprive our investors of the opportunity to receive a premium for their shares.

We are a Delaware corporation, and the anti-takeover provisions of Delaware law impose various impediments to the ability of a third party to acquire control of us, even if a change of control would be beneficial to our existing stockholders. In addition, provisions of our amended and restated certificate of incorporation and amended and restated bylaws may make it more difficult for, or prevent a third party from, acquiring control of us without the approval of our Board of Directors. Among other things, these provisions:

•do not permit cumulative voting in the election of directors, which would otherwise allow less than a majority of stockholders to elect director candidates;

•