Company: SEAH
Filing Date: 2025-07-24
Form Type: DRS
Source: 0001213900-25-067275
Chunk: 20

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-07-24
Form: DRS
Chunk 20
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 constant long -distancetransportation of our products. The constant long -distancetransportation of our products may expose us to various risks, including (i) an increase in transportation costs, (ii) loss or damage of our products as a result of any accidents that may occur in the transportation process, (iii) delays in the transportation of our products as a result of any severe weather conditions, natural disasters, or other conditions adversely affecting sea traffic, and (iv) disruptions to our sales of products as a result of delays in the transportation of them. While for ocean freights, pursuant to the delivery orders we generally place to the international ocean freight service providers, the risk of loss or damage of the products will be transferred to the customers either when the products are loaded onto the vessel at the departure ports or when the products arrive at the ports designated by the customers, or we may have contractual rights to seek reimbursement and compensation from the ocean freight service providers if any of these risks incurred, they could nevertheless have a material adverse effect on our business, financial condition and results of operations, cause us to incur delay -relatedliquidated damages or other liabilities to our customers, harm our relationships with our customers, damage our reputation, or compel us to forego potential revenue opportunities. The differences between our merchandise costs and sales of the products may fluctuate or decline in the future. Any material decrease in such price differences would harm our business, financial condition and results of operations. Our income generation is primarily derived from the differences between the merchandise costs and sales of renewable resources, primarily waste paper and scrap metal resources. The maintenance and growth of our revenues are contingent upon several key factors, including our ability to engage new suppliers, attract new customers to broaden the customer base, and maintain our relationships with third -partylogistics service providers and other participants in the renewable resources recycling value chain. Maximizing the price differences between acquisition and sale, expanding our sources of supply for renewable resources, reaching end -consumerseffectively, and navigating fluctuations in macroeconomic changes are also critical to maintaining our revenue growth. Failure to address these risks and uncertainties adequately and promptly would have a material and adverse impact on our business, financial condition and results of operations. 13 Changes in international trade policies, trade disputes, barriers to trade, or the emergence of a trade war may dampen growth in China, where a portion of our products are sold. Political events, international trade disputes, and other disruptions to international commerce could harm the global economy and adversely affect our