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

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-07-24
Form: DRS
Chunk 25
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 additional costs, and affect our ability to deliver our products to our customers as scheduled, which could materially and adversely affect our business, financial condition and results of operations. Our results could be harmed if compliance with new environmental regulations or import and export regulations and policies becomes too burdensome. The manufacturing processes of some of our suppliers may result in the creation of hazardous and/or toxic wastes. Our suppliers are subject to Japanese governmental regulations related to the use, storage, and disposal of such hazardous wastes. The amounts of their hazardous waste may increase in the future as the manufacturing operations increase, and therefore, their cost of compliance is likely to increase. Although we believe they are operating in compliance with applicable environmental laws, there is no assurance that they will be in compliance consistently as such laws and regulations, or their interpretation and implementation, may change, or the Japanese government may adopt new laws and regulations. Our suppliers’ failure to comply with newly amended or adopted environmental laws and regulations could result in fines, suspension, or halting production or closure of their manufacturing operations, eventually harming our business. Additionally, our suppliers may incur substantial costs to comply with newly amended or adopted environmental laws and regulations, which may also adversely impact our business. In addition, although we have received from the Japanese government authorities all requisite permits or licenses needed to engage in our business conducted in Japan as of the date of this prospectus, the Japanese government may amend the relevant currently applicable laws or regulations or adopt new ones to increase additional requirements for us to renew, maintain or obtain our permits or licenses. If we fail to comply with newly amended or adopted 16 environmental laws and regulations or fail to renew, maintain or obtain our permits or licenses in a timely manner, our operation may be subject to suspension, halting or closure, which will materially and adversely affect our business, financial condition and results of operations. Furthermore, while we are in compliance with the export regulations of Japan and the U.S. and the import regulations of the countries that we export our products to, for example, we only export paper pulps to China because the Chinese government currently prohibits direct export of waste papers, as of the date of this prospectus, these regulations may be amended or new regulations may be adopted due to changes of national policies of Japan, U.S. or other countries that we export our products to. If we fail to comply with newly amended or adopted regulations or fail to adjust our business operations to accommodate them in a timely manner, our operation may be subject to suspension, halting or closure, which will materially