Company: FWFW
Filing Date: 2025-01-14
Form Type: 10-K
Source: 0001493152-25-002097
Chunk: 69

Company: FLYWHEEL ADVANCED TECHNOLOGY, INC.
Filing Date: 2025-01-14
Form: 10-K
Item: Item 1A
Chunk 69
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 more volatile than more seasoned issuers for
the foreseeable future. Fluctuations in the price of our Common Stock can be based on various factors in addition to those otherwise
described in this Report, including:

    ●
    General
    speculative fever;

    ●
    A
    prospective business combination and the terms and conditions thereof;

    ●
    The
    operating performance of any business we acquire, including any failure to achieve material revenues therefrom;

    ●
    The
    performance of our competitors in the marketplace, both pre- and post-combination;

    ●
    The
    public’s reaction to our press releases, SEC filings, website content and other public announcements and information;

    ●
    Changes
    in earnings estimates of any business that we acquire or recommendations by any research analysts who may follow us or other companies
    in the industry of a business that we acquire;

    ●
    Variations
    in general economic conditions, including as may be caused by uncontrollable events such as the COVID-19 pandemic and the resulting
    decline in the economy;

    ●
    The
    public disclosure of the terms of any financing we disclose in the future;

    ●
    The
    number of shares of our Common Stock that are publicly traded in the future;

    ●
    Actions
    of our existing shareholders, including sales of Common Stock by our then directors and then executive officers or by significant
    investors; and

    ●
    The
    employment or termination of key personnel.

Many
of these factors are beyond our control and may decrease the market price of our Common Stock, regardless of whether we can consummate
a business combination and of our current or subsequent operating performance and financial condition. In the past, following periods
of volatility in the market price of a company’s securities, securities class action litigation has often been instituted. A securities
class action suit against us could result in substantial costs and divert our management’s time and attention, which would otherwise
be used to benefit our business.

-12-

Because
trading in our Common Stock is so limited, investors who purchase our Common Stock may depress the market if they sell Common Stock.

Our
Common Stock trades on the OTC Pink Market, the successor to the pink sheets. The OTC Pink Market generally is illiquid and most stocks
traded there are of companies that are not required to file reports with the SEC under the Exchange Act. Our Common Stock itself infrequently