Company: SEAH
Filing Date: 2025-07-24
Form Type: DRS
Source: 0001213900-25-067275
Chunk: 27

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-07-24
Form: DRS
Chunk 27
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 are impossible to predict as of the date of this prospectus, but could be substantial. Any such disruptions may also magnify the impact of other risks described in this prospectus. Any of the foregoing may materially and adversely affect our business, financial condition and results of operations. Cybersecurity incidents may materially and adversely affect our business. Security breaches, computer malware and computer hacking attacks have been a prevalent concern in recent years. Our sales activities are driven by our proprietary transaction matching system designed to optimize trading efficiency and responsiveness. The system integrates real -timedata on supply quantities, demand levels, and market pricing that we gather from public databases, internal client systems, telemarketing, and direct communications, and we plan to invest more resources to further optimize our proprietary transaction matching system with artificial intelligence and develop functions in connection with automatic market data gathering and analyzing. See “Business — Growth Strategies — Optimizing and Developing our Proprietary Transaction Matching System.” This could subject us to cybersecurity risks. To reduce security concerns, we will rely on commercially available systems, software, tools, and monitoring to provide security for processing, transmission, and storage of confidential information. 17 Despite the security measures and ongoing vigilance we will have in place to protect sensitive information, our systems and those of our third -partyservice providers may be vulnerable to security breaches, hacker attacks, vandalism, computer viruses, loss or misplacement of data, human error, or other malfunctions and attacks. Such breaches may compromise our network and information stored therein may be accessed, disclosed, lost, or stolen. Advances in computer and software capabilities and encryption technology, new tools, and other developments may increase the risk of a breach or compromise. Technological interruptions would also disrupt our operations, including our ability to timely match transactions, deliver and track product orders, manage our supply chain and otherwise adequately service our customers. In the event we experience significant disruptions, we may be unable to repair our systems in an efficient and timely manner and such events may disrupt or reduce the efficiency of our entire operation for a prolonged period. The occurrence of these incidents could result in diminished internal and external reporting capabilities, impaired ability to process transactions, harm to our control environment, diminished employee productivity, and unanticipated increases in costs, including substantial legal costs in connection with the defending of any lawsuits that may arise from such incidents. We are increasingly dependent on complex information technology to manage our infrastructure. Our information systems require an ongoing commitment of significant resources to maintain, protect and enhance our existing systems. Failure to maintain or protect our