Company: RACE
Filing Date: 2025-02-27
Form Type: 424B7
Source: 0001104659-25-017677
Chunk: 13

Company: Ferrari N.V.
Filing Date: 2025-02-27
Form: 424B7
Chunk 13
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 of the risk factors described in the section entitled “Risk Factors” in our Annual Report, as well as other information included in this prospectus supplement and the accompanying prospectus, or incorporated by reference into this prospectus supplement and the accompanying prospectus, before you decide to purchase our Common Shares in the Offerings. Additional risks and uncertainties of which we are not presently aware or that we currently deem immaterial could also affect our business operations and financial condition. If any of these risks actually occur, our business, financial condition and results of operations could be materially affected. As a result, the trading price of our Common Shares could decline and you could lose part or all of your investment.

Risks Related to the Offerings and Our Common Shares

Future sales of our Common Shares could cause the market price of our Common Shares to decline.

Sales of a substantial number of our shares of Common Shares in the public market, or the perception that these sales could occur, may depress the market price for our Common Shares. These sales could also impair our ability to raise additional capital through the sale of our equity securities in the future.

In connection with the Offerings, the underwriting agreement includes lock-up undertakings with respect to our Common Shares, pursuant to which the Selling Securityholder is subject to certain issuance and sale restrictions for a period of 360 days following the date of the underwriting agreement. The underwriters may waive or release the Selling Securityholder in relation to the lock-up undertakings, which could adversely affect the price of our Common Shares. Please see “Underwriting” for a detailed description of these restrictions and certain exceptions to them.

Despite such lock-up provisions, or to the extent the underwriters waive or release the Selling Securityholder in relation to these provisions, the resale of all or a substantial portion of such shares of our Common Shares held by the Selling Securityholder or by other shareholders in the public market, or the perception that these sales might occur, could cause the market price of our Common Shares to decrease and may make it more difficult for us to sell our Common Shares in the future at a time and upon terms that we deem appropriate.

The trading price of our Common Shares may be volatile and purchasers of our Common Shares could incur substantial losses.

The market price of our Common Shares may be subject to significant fluctuations in response to actual or anticipated variations in our operating results or other factors beyond our control. In addition, the securities markets have from time to time experienced extreme price and volume fluctuations that often have been unrelated or disproportionate to the operating