Company: HOUS
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001398987-25-000116
Chunk: 5

Company: Anywhere Real Estate Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 4
Chunk 5
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 whom we have a business relationship may delay or defer certain business decisions or might decide to seek to terminate, change or renegotiate their relationships with the Company, as the case may be, as a result of the Merger or otherwise, which could negatively affect revenues, earnings and/or cash flows of the Company, as well as the market price of Compass Class A common stock or Company common stock, regardless of whether the Merger is completed. The risk, and adverse effect, of any disruption could be exacerbated by a delay in completion of the Merger or termination of the Merger Agreement.

Under the terms of the Merger Agreement, the Company has agreed to operate its business in the ordinary course consistent with past practice in all material respects prior to closing. The Company is subject to certain restrictions on the conduct of its business prior to completing the Merger which may adversely affect its ability to execute certain of its business strategies, including the ability in certain cases to enter into or amend contracts, acquire or dispose of assets, incur indebtedness, pay dividends, incur capital expenditures or settle claims. Such limitations could prevent the Company from pursuing certain business opportunities that are outside of the ordinary course of business, and adversely affect the Company’s business and operations prior to the completion of the Merger.

The Merger is subject to the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act") that may take longer than expected to receive or may impose conditions that could have an adverse effect the Company or, if not obtained, could prevent completion of the Merger.

Before the Merger may be completed, any applicable waiting period under the HSR Act relating to the completion of the Merger must have expired or been terminated. Under the Merger Agreement, Compass and we have agreed to use respective reasonable best efforts to obtain such authorizations and consents, and each of Compass and the Company, has agreed to take, or cause to be taken, all appropriate actions and to do, or cause to be done, all things necessary, proper or advisable under applicable law (including any antitrust laws) to consummate and make effective the Merger at the earliest practicable date. There can be no assurance that the relevant waiting periods will expire or that relevant authorizations will be obtained.

In addition, at any time before or after the completion of the Merger, and notwithstanding the termination of the applicable waiting period, the applicable U.S. authorities or any state attorney