Company: HOUS
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001398987-25-000116
Chunk: 8

Company: Anywhere Real Estate Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 4
Chunk 8
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 Company is not permitted to terminate the Merger Agreement as a result, in and of itself, of any increase or decrease in the market price of Compass Class A common stock or our common stock.

Our stockholders are urged to obtain current market quotations for shares of our common stock and for shares of Compass Class A common stock.

Uncertainties associated with the Merger may cause a loss of management personnel and other key personnel, which could adversely affect our business and operations.

The Company is dependent on the experience and industry knowledge of its officers and other key personnel to execute its business plans. The Company’s success until the Merger will depend in part upon the ability of the Company to retain certain key management personnel and other key personnel. Current and prospective employees of the Company may experience uncertainty about their roles following the completion of the Merger, which may have an adverse effect on the ability of the Company to attract or retain key management and other key personnel. The Company could face disruptions in their operations, loss of existing customers, loss of key information, expertise or know-how and unanticipated additional recruitment and training costs. In addition, the loss of key personnel could diminish the anticipated benefits of the Merger.

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The Company will incur significant costs in connection with the transactions contemplated by the Merger Agreement, which may be in excess of those that we anticipate.

The Company has incurred and expects to continue to incur a number of non-recurring fees and costs associated with negotiating and completing the transactions, combining the operations of the two companies and achieving desired synergies. These fees and costs have been, and will continue to be, substantial, and in many cases, will be borne by the Company regardless of whether the Merger is completed. The substantial majority of non-recurring expenses will consist of transaction costs related to the Merger and include, among others, employee retention costs, fees paid to financial, legal, strategic and accounting advisors, severance and benefit costs, proxy solicitation costs and filing fees.

The Company will also incur transaction fees and costs related to formulating and implementing integration plans, including facilities and systems consolidation costs and employment-related costs. The Company will continue to assess the magnitude of these costs, and additional unanticipated costs may be incurred in the Merger and the integration of the two companies’ businesses. While the Company has assumed that a certain level of expenses would be incurred in connection with the Merger and the other transactions contemplated by the Merger Agreement, there are many factors beyond our control that could affect the total amount or the timing of the