Company: HOUS
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001398987-25-000020
Chunk: 107

Company: Anywhere Real Estate Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1A
Chunk 107
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 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;

•delegate the sole power to a majority of the Board of Directors to fix the number of directors;

•provide the power to our Board of Directors to fill any vacancy on our Board of Directors, whether such vacancy occurs as a result of an increase in the number of directors or otherwise;

•authorize the issuance of "blank check" preferred stock without any need for action by stockholders;

•eliminate the ability of stockholders to call special meetings of stockholders;

•prohibit stockholders from acting