Company: HOUS
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001398987-25-000116
Chunk: 161

Company: Anywhere Real Estate Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 161
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 closing date (subject to certain materiality and material adverse effect qualifiers), and the performance by the other party in all material respects of its obligations under the Merger Agreement. The failure to satisfy all of the required conditions could delay the completion of the Merger for a significant period of time or prevent it from occurring at all. There can be no assurance that the conditions to the completion of the Merger will be satisfied or waived or that the Merger will be completed.

If the Merger is not completed for any reason, including as a result of our stockholders or Compass stockholders failing to approve the Merger Agreement or the issuance of Compass shares, respectively, the Company may be materially adversely affected and, without realizing any of the benefits of having completed the Merger, will be subject to a number of risks, including the following:

•the market price of our common stock could decline;

•we could owe a termination fee to Compass in specified circumstances;

•if the Merger Agreement is terminated and our Board of Directors seeks another business combination, our stockholders cannot be certain that the Company will be able to find a party willing to enter into a transaction on terms equivalent to or more attractive than the terms that the other party has agreed to in the Merger Agreement;

•we may experience negative reactions from the financial markets or from our affiliated independent real estate agents, franchisees, brokers, employees, joint venture partners, customers, or other persons with whom we have a business relationship; 

•uncertainties associated with the merger may hinder our ability to attract and retain affiliated independent real estate agents, franchisees, and key personnel;

•restrictions on the conduct of the respective businesses prior to the completion of the Merger, including undertaking certain business opportunities that could otherwise have been pursued;

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•time and resources, financial and other, committed by our management to matters relating to the Merger could otherwise have been devoted to pursuing other beneficial opportunities; and

•we will be required to pay costs relating to the Merger, such as legal, accounting, financial advisory and printing fees, whether or not the Merger is completed.

In addition, if the Merger is not completed, the Company could be subject to litigation related to any failure to complete the Merger or related to any enforcement proceeding commenced against such party to perform its obligations under the Merger Agreement. Any of these risks could materially and adversely impact our ongoing business, financial condition, financial results and stock price.

We are subject to business uncertainties and contractual restrictions, which could adversely affect