Sign in

ALIT on NYSE

Alight Solutions

Logo: Alight Solutions, Public domain, via Wikimedia Commons4

Information Technology and consulting company based in Chicago, Illinois

Alight Solutions is an American information technology and consulting company that provides cloud-based systems, outsourcing and consultancy related to human resource. They provide platforms and outsourcing for large companies to manage their human capital this includes health benefit administration, financial management and retirement planning. The company is headquartered in Chicago, Illinois.3 Its shares trade on NYSE under the symbol ALIT.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$2.3BRevenue, fiscal 20255
-$3.1BNet income, fiscal 20255
May 2017Founded1

Compare with ExlService Holdings, Inc., FICO or Zillow, or pick any stock.

  • TickerALIT on NYSE1
  • Industryprofessional service1
  • HeadquartersChicago, Illinois1
  • Incorporated inDE6
  • Business address320 South Canal Street, 50Th Floor, Suite 5000, Chicago, Il 606066
  • Filer categoryLarge accelerated filer6

See how the biggest companies compare on our leaderboards

Alight Solutions is an American information technology and consulting company that provides cloud-based systems, outsourcing and consultancy related to human resource. They provide platforms and outsourcing for large companies to manage their human capital this includes health benefit administration, financial management and retirement planning.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

33.8%Gross margin5
-136.6%Operating margin5
-136.9%Net margin5
-3.0%Revenue growth, 20255
-296.6%Return on equity5
1.90×Debt to equity5
$250.0MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

United States brought in 99% of the revenue Alight Solutions broke down this way in fiscal 2025.

  1. United States$2.2B599%down 3% from 2024
  2. Outside the United States$26.0M51%down 7% from 2024
Regions by year
Regions202320242025
United States$2.4B$2.3B$2.2B
Outside the United States$28.0M$28.0M$26.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Selling, general and admin19¢$435.0M
  • Other costs80¢$1.8B
  • Income tax1¢$16.0M

Out of $2.3B in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending31¢$110.0M
  • Dividends paid24¢$86.0M
  • Share buybacks18¢$65.0M
  • Kept or used elsewhere28¢$99.0M

Out of $360.0M of cash from operations.5

Financial statements

Revenue895$2.3B in 2025−11% since 2019
0$1.0B$2.0B$3.0B2019: $2.6B$2.6B20192020: $2.7B$2.7B2020+7%2022: $2.2B$2.2B2022−19%2023: $2.4B$2.4B2023+8%2024: $2.3B$2.3B2024−2%2025: $2.3B$2.3B2025−3%
Gross profit95$765.0M in 2025+12% since 2022
0$250.0M$500.0M$750.0M$1.0B2022: $686.0M$686.0M20222023: $810.0M$810.0M2023+18%2024: $794.0M$794.0M2024−2%2025: $765.0M$765.0M2025−4%
Operating income895-$3.1B in 2025
-$4.0B-$3.0B-$2.0B-$1.0B0$1.0B2019: $265.0M$265.0M20192020: $147.0M$147.0M2020−45%2022: -$94.0M-$94.0M20222023: -$81.0M-$81.0M2023−14%2024: -$90.0M-$90.0M2024+11%2025: -$3.1B-$3.1B2025+3333%
Net income1095-$3.1B in 2025+8749% since 2021
-$4.0B-$3.0B-$2.0B-$1.0B02021: -$35.0M-$35.0M20212022: -$62.0M-$62.0M2022+77%2023: -$345.0M-$345.0M2023+456%2024: -$157.0M-$157.0M2024−54%2025: -$3.1B-$3.1B2025+1873%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Revenue$2.3B$2.3B$2.4B
Cost of services, exclusive of depreciation and amortization$1.4B$1.4B$1.5B
Depreciation and amortization$111.0M$96.0M$72.0M
Gross Profit$765.0M$794.0M$810.0M
Selling, general and administrative$435.0M$585.0M$590.0M
Depreciation and intangible amortization$296.0M$299.0M$301.0M
Goodwill impairment$3.1B$0$0
Total Operating expenses$3.9B$884.0M$891.0M
Operating Income (Loss) From Continuing Operations-$3.1B-$90.0M-$81.0M
(Gain) Loss from change in fair value of financial instruments-$1.0M-$57.0M$10.0M
(Gain) Loss from change in fair value of tax receivable agreement-$93.0M$34.0M$118.0M
Interest expense$92.0M$103.0M$131.0M
Other (income) expense, net-$26.0M-$22.0M-$3.0M
Total Other (income) expense, net-$28.0M$58.0M$256.0M
Income (Loss) From Continuing Operations Before Taxes-$3.1B-$148.0M-$337.0M
Income tax expense (benefit)$16.0M-$8.0M-$20.0M
Net Income (Loss) From Continuing Operations-$3.1B-$140.0M-$317.0M
Net Income (Loss) From Discontinued Operations, Net of Tax-$21.0M-$19.0M-$45.0M
Net income (loss) attributable to noncontrolling interests-$2.0M-$2.0M-$17.0M
Net Income (Loss) Attributable to Alight, Inc.-$3.1B-$157.0M-$345.0M
Continuing operations, basic (in dollars per share)-$6-$0-$1
Continuing operations, diluted (in dollars per share)-$6-$0-$1
Discontinued operations, basic (in dollars per share)-$0-$0-$0
Discontinued operations, diluted (in dollars per share)-$0-$0-$0
Net income (loss), basic (in dollars per share)-$5.87-$0.29-$0.70
Net income (loss), diluted (in dollars per share)-$5.87-$0.29-$0.70
Net Income (Loss)-$3.1B-$159.0M-$362.0M
Change in fair value of derivatives-$27.0M-$35.0M-$42.0M
Foreign currency translation adjustments$0$7.0M$9.0M
Total Other comprehensive income (loss), net of tax:-$27.0M-$28.0M-$33.0M
Comprehensive Income (Loss) Before Noncontrolling Interests-$3.1B-$187.0M-$395.0M
Comprehensive income (loss) attributable to noncontrolling interests-$2.0M-$6.0M-$26.0M
Comprehensive Income (Loss) Attributable to Alight, Inc.-$3.1B-$181.0M-$369.0M

Compare Alight Solutions with another company

Corporate structure

Alight Solutions sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Alight Solutions

  • Alight Solutions Chicago, Illinois

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Alight Solutions reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Finance-lease assets$49.0M5 Dec 31, 2025$62.0M5 Dec 31, 2024−21.0%
Operating-lease assets (leased space)$36.0M5 Dec 31, 2025$42.0M5 Dec 31, 2024−14.3%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$273.0M5 Dec 31, 2025$343.0M5 Dec 31, 2024−20.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$83.0M5 Dec 31, 2025$3.2B5 Dec 31, 2024−97.4%
Intangible assets, net (excluding goodwill)$2.6B5 Dec 31, 2025$2.9B5 Dec 31, 2024−9.9%
Accumulated amortization$1.3B5 Dec 31, 2025$975.0M5 Dec 31, 2024+28.9%
Finite-lived intangibles, net$2.6B5 Dec 31, 2025$2.9B9 Dec 31, 2024−9.9%

Properties, in its own words

Our corporate headquarters is located in leased office space in downtown Chicago, Illinois. We currently use approximately 16,000 square feet of office space in our headquarters. The lease expires on January 31, 2031. We have additional offices in locations throughout the world, primarily in India, Texas, Illinois, Florida, Canada, and Puerto Rico. All of our offices are located in leased premises.

We believe that the facilities we currently occupy are adequate for the purposes for which they are being used and are well maintained. In general, no difficulty is anticipated in negotiating renewals as leases expire or in finding other satisfactory space if the premises become unavailable. See Note 19, “Lease Obligations” within the Consolidated Financial Statements within Item 8 of this Annual Report for further information.

Item 2 of the 10-K filed Feb 24, 2026.16

The story

Foundation

Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of Aon Hewitt by private equity funds affiliated with Blackstone Group L.P.

Growth through acquisitions

In March 2018, Alight entered into a definitive agreement to acquire Future Knowledge, an HR advisory company in Australia and New Zealand. In July 2018, Alight acquired Compass Professional Health Services, a healthcare technology company based in Dallas, Texas.

In September 2018, India's third largest software services exporter Wipro announced a $1.5 billion, 10-year engagement with Alight Solutions. According to its contract with Alight, Wipro has been mandated to digitally transform the Illinois-headquartered company's business. In February 2019 Wipro went on to sell their Workday and Cornerstone OnDemand installations to Alight Solutions for $110 million.

On February 22, 2019, Alight announced the acquisition of Carlson Management Consulting, an Adaptive Insights implementation partner. On August 1, 2019, Employee benefits platform Hodges-Mace was acquired by Alight Solutions. On August 22, 2019, Alight Solutions announced the acquisition of NGA Human Resources, a provider of digital human resources and global payroll services.

On July 6, 2021, they had an initial public offering (IPO) on the New York Stock Exchange. In August 2024, Dave Guilmette was hired as the new CEO of the company.

On Nov 24, 2025 it was announced that Rohit Verma would be the new CEO of Alight on January 1, 2026.

From Wikipedia’s article on Alight Solutions, shared under CC BY-SA 4.0.7

Leadership

Who has led Alight Solutions, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Richard N. Massey2020–2021
  2. Stephan Scholl2021–2024
  3. David D. Guilmette2024–2026
  4. Rohit Verma2026–now

President

  1. Gregory R. Goff2024
  2. Dinesh Tulsiani V.2026–now

Chief financial officer

  1. Bryan D. Coy2020
  2. Katie J. Rooney2021–2023
  3. Jeremy J. Heaton2024–2026
  4. Gregory Giometti2026
  5. Susan Dorrance Davies2026
  6. Stephen L. Lasher2026–now

Chief operating officer

  1. Katie J. Rooney2024
20202025
Board members and other officers (36)

Former names

  • Alight Group, Inc.Jul 7, 2021 to Jul 12, 20216
  • Foley Trasimene Acquisition Corp.Apr 10, 2020 to Jul 6, 20216

Timeline

  1. Oct 14, 20268-K Regulation FD disclosure63
  2. Aug 4, 20268-K Results of operations; Executive or director change64
  3. Jul 1, 20268-K Entered a material agreement; Change to shareholders' rights; Bylaws or fiscal year changed65
  4. Jun 18, 20268-K Other events66
  5. Jun 11, 20268-K Shareholder vote67
  6. Jun 4, 20268-K Executive or director change; Regulation FD disclosure68
  7. May 5, 20268-K Results of operations; Executive or director change; Regulation FD disclosure69
  8. Mar 27, 20268-K Listing notice or transfer; Regulation FD disclosure70
  9. Mar 26, 20268-K Executive or director change71
  10. Feb 27, 20268-K Executive or director change72
  11. Feb 19, 20268-K Results of operations; Other events73
  12. Jan 22, 20268-K Executive or director change74
  13. Jan 8, 2026New chief executive Rohit Verma becomes CEO17
  14. Oct 2, 2024New chief executive David D. Guilmette becomes CEO18
  15. Jul 12, 2021New chief executive Stephan Scholl becomes CEO19
  16. May 26, 2020New chief executive Richard N. Massey becomes CEO20
  17. May 2017Founded Founded1

Calendar

Coming up

  1. Nov 4, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $2.20 a share, on Nov 5, 2025.75

When it reported results

  1. Aug 4, 2026Reported quarterly or annual results64
  2. May 5, 2026Reported quarterly or annual results69
  3. Feb 19, 2026Reported quarterly or annual results73
  4. Nov 5, 2025Reported quarterly or annual results76
  5. Aug 5, 2025Reported quarterly or annual results77
  6. May 8, 2025Reported quarterly or annual results78
  7. Feb 20, 2025Reported quarterly or annual results79
  8. Nov 12, 2024Reported quarterly or annual results80

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

580 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 69 major events, 372 insider forms, 44 large holders, 74 other. The latest 20:

  1. Oct 14, 20268-K EDGAR
  2. Oct 2, 20264 EDGAR
  3. Oct 2, 20264 EDGAR
  4. Oct 2, 20264 EDGAR
  5. Oct 2, 20264 EDGAR
  6. Oct 2, 20264 EDGAR
  7. Sep 8, 20264 EDGAR
  8. Aug 18, 20264 EDGAR
  9. Aug 5, 20264 EDGAR
  10. Aug 5, 20264 EDGAR
  11. Aug 5, 20264 EDGAR
  12. Aug 5, 20264 EDGAR
  13. Aug 5, 20264 EDGAR
  14. Aug 5, 20264 EDGAR
  15. Aug 4, 202610-Q EDGAR
  16. Aug 4, 20268-K EDGAR
  17. Jul 27, 2026SCHEDULE 13G/A EDGAR
  18. Jul 21, 20264 EDGAR
  19. Jul 9, 2026SCHEDULE 13G EDGAR
  20. Jul 7, 20264 EDGAR

The 580 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

54 open-market trades by officers, directors and large owners since October 2021: 22 buys and 32 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 16, 2026Lopes Robert A. Jr.DirectorBuy30,000$0.82$24.6KForm 4
Mar 12, 2026Verma RohitChief Executive OfficerBuy112,000$0.89$99.7KForm 4
Feb 24, 2026Verma RohitChief Executive OfficerBuy100,000$0.77$77.0KForm 4
Dec 15, 2025Rajgopal KausikDirectorBuy38$20.53$780Form 4
Dec 2, 2025Rushing Coretha MDirectorBuy1,018$2.25$2.3KForm 4
Nov 26, 2025Lopes Robert A. Jr.DirectorBuy10,000$2.39$23.9KForm 4
Nov 26, 2025Massey Richard NDirectorBuy100,000$2.33$233.0KForm 4
Nov 26, 2025SCHRIESHEIM ROBERT ADirectorBuy42,098$2.38$100.2KForm 4
Nov 25, 2025Rajgopal KausikDirectorBuy40,000$2.24$89.6KForm 4
Aug 7, 2025Lopes Robert A. Jr.DirectorBuy2,000$4.40$8.8KForm 4
Aug 6, 2025Lopes Robert A. Jr.DirectorBuy3,000$4.40$13.2KForm 4
Jun 16, 2025SCHRIESHEIM ROBERT ADirectorBuy216$5.26$1.1KForm 4
May 20, 2025Guilmette David DChief Executive OfficerBuy50,000$5.69$284.5KForm 4
Mar 13, 2025Lopes Robert A. Jr.DirectorBuy3,000$6.25$18.8KForm 4
Mar 10, 2025Massey Richard NDirectorBuy100,000$6.39$639.0KForm 4
Mar 3, 2025SCHRIESHEIM ROBERT ADirectorBuy22,092$6.79$150.0KForm 4
Nov 27, 2024Goff Gregory RPresidentSale250,000$8.00$2.0MForm 4
Nov 15, 2024George Gregory A.Chief Commerical OfficerSale84,929$7.60$645.5KForm 4
Nov 13, 2024FOLEY WILLIAM P IIDirectorSale5,000,000$8.25$41.3MForm 4
Jul 9, 2024Rooney Katie J.Chief Operating OfficerSale47,851$6.98$334.0KForm 4

All 54 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Former ChiefExecutive Officer and Vice Chair$870.0K$10.6M96
2025Chief Human Resources Officer$291.7K$3.7M96
2025Former Chief Financial Officer$562.5K$2.7M96
2025Chief Technology Officer$450.0K$1.7M96
2025Former Chief Strategy Officer$288.4K$1.7M96
2025Chief Delivery Officer$400.0K$1.4M96
2024Former ChiefExecutive Officer and Vice Chair$319.7K$7.3M96
2024Former Chief Financial Officer$492.4K$5.7M96

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Aster Capital Management (DIFC) Ltd715,820$400.9K0.1%New
Pacific Ridge Capital Partners, LLC561,644$314.5K0.1%New
Marshall Wace, Llp356,958$199.9K0.0%New
Catalyst Funds Management Pty Ltd154,000$86.2K0.0%New
Public Employees Retirement System Of Ohio62,146$34.8K0.0%New
Eventide Asset Management, LLC46,984$25.8K0.0%New
Oak Thistle LLC43,838$24.6K0.0%New
EverSource Wealth Advisors, LLC41,741$23.4K0.0%New
Essential Partners LLC23,383$13.1K0.0%New
Daymark Wealth Partners, LLC21,770$12.2K0.0%New
Legacy Financial Advisors, Inc.16,773$9.4K0.0%New
Pinnacle Wealth Management Advisory Group, LLC15,631$8.8K0.0%New
Root Financial Partners, LLC13,904$7.8K0.0%New
Rothschild Investment LLC8,286$4.6K0.0%New
North Star Investment Management Corp.4,260$2.4K0.0%New
Allied Private Wealth LLC45$9050.0%New
Fortitude Family Office, LLC1,590$8900.0%New
Bogart Wealth, LLC874$4890.0%New
SBI Securities Co., Ltd.476$2670.0%New
Price T Rowe Associates Inc /md/137,667$780.0%New

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Alight Solutions is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAlight, Inc. / Delaware2
  • CIK0001809104
  • Employer ID (EIN)86-184923216
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company16
  • Incorporated inDelaware16
  • Fiscal year endsDecember 312
  • Industry code (SIC)7389 Services-Business Services, NEC2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address320 South Canal Street, 50Th Floor, Suite 5000, Chicago, IL 606062
  • Phone(224) 737-70002
  • Shares outstanding524,107,829 Common Class A shares; 4,955,297 Common Class B One shares; 4,955,297 Common Class B Two shares; 484,358 Common Class V shares as of Feb 17, 202616
  • Public float$2.7B as of Jun 30, 202516
  • AuditorErnst & Young LLP, Chicago, Illinois PCAOB ID 42; it also attests to the company’s internal control over financial reporting16
  • On EDGAR sinceApr 10, 20202
  • Filings715 in all: 4 (374), 8-K (86), 3 (55), 424B3 (24), 10-Q (19), 144 (19), SC 13D/A (17), SC 13G/A (15)2
    All 38 form types

    425 (13), SC 13G (12), 10-K (6), CORRESP (5), DEF 14A (5), DEFA14A (5), EFFECT (5), SCHEDULE 13G/A (5), 4/A (4), ARS (4), IRANNOTICE (4), POS AM (4), S-1/A (4), SC 13D (4), UPLOAD (4), 25-NSE (3), S-8 (3), 10-K/A (2), 8-K/A (2), S-1 (2), 424B4 (1), 8-A12B (1), CERT (1), DEFM14A (1), DRS (1), NT 10-K (1), PRE 14A (1), S-1MEF (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Feb 24, 2026
    Quarterly report (10-Q) Aug 4, 2026
    Proxy statement (DEF 14A) Apr 27, 2026
    Latest 8-K (8-K) Oct 14, 2026

Securities registered for trading

ClassSymbolExchange
Class A Common Stock, par value $0.0001 per shareALITNew York Stock Exchange

From the cover page of the 10-K filed Feb 24, 2026 (Section 12(b) of the Exchange Act).16

Risk factors and legal proceedings

The risks Alight Solutions names in Item 1A of its 10-K filed Feb 24, 2026: 48 risks under these headings, as written.16

  • In addition to the other information in this Annual Report, the following risk factors should be considered carefully in evaluating our Company and our business. Any of the following risks could materially and adversely affect our business financial condition and results of operations.
  • Risks Related to Our Business and Industry
  • An overall decline in economic activity could adversely affect the financial condition and results of operations of our business.
  • We face significant competition and our failure to compete successfully could have a material adverse effect on the financial condition and results of operations of our business.
  • If we are unable to successfully execute the next phase of our strategic transformation, including our ability to effectively and appropriately separate the Divested Business, we may experience operational disruptions, which could negatively affect our business, financial condition and results of operations.
  • Our business performance and growth plans could be negatively affected if we are not able to effectively apply technology in driving value for our clients or gaining internal efficiencies, or if investments in innovative product offerings fail to yield sufficient return to cover their costs.
  • Issues relating to the use of new and evolving technologies, such as Artificial Intelligence and Machine Learning, in our offerings may result in reputational harm and liability.
  • We may not achieve our financial projections, which could have an adverse effect on our business, operating results, and financial condition.
  • We rely on complex information technology systems and networks to operate our business. Any significant system or network disruption could expose us to legal liability, impair our reputation or have a negative impact on our operations, sales and operating results and could expose us to litigation and negatively impact our relationships with clients.
  • Improper access to, misappropriation, destruction or disclosure of confidential, personal or proprietary data as a result of employee or vendor malfeasance or cyber-attacks could result in financial loss, regulatory scrutiny, legal liability or harm to our reputation.
  • Our business or stock price could be negatively affected as a result of actions of activist stockholders.
  • We rely on assumptions and estimates to calculate certain of our reported measures, and real or perceived inaccuracies in such measures may harm our reputation and negatively affect our business.
The other 37 risks
  • Compliance with laws and regulations applicable to us or to the HR benefits that we administer for our clients including changes in such laws and regulations, their application and their interpretation, could have an adverse effect on our business.
  • We are subject to professional liability claims against us as well as other contingencies and legal proceedings relating to our delivery of services, some of which, if determined unfavorably to us, could have an adverse effect on our financial condition or results of operations.
  • We may become involved in claims, litigation or other proceedings that could harm the value of our business.
  • Our failure to protect our intellectual property rights, or allegations that we have infringed on the intellectual property rights of others, could harm our reputation, ability to compete effectively and financial condition.
  • We might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses.
  • Our growth depends in part on the success of our strategic partnerships with third parties.
  • Our business is dependent on continued interest in outsourcing.
  • Our success depends on our ability to retain and attract experienced and qualified personnel, including our senior management team and other professional personnel.
  • Our inability to successfully recover should we experience a catastrophic event, disaster or other business continuity problem could cause material financial loss, loss of human capital, regulatory actions, reputational harm or legal liability.
  • If our clients are not satisfied with our services, we may face additional cost, loss of profit opportunities and damage to our reputation or legal liability.
  • Damage to our reputation could have a material adverse effect on our business.
  • We depend on licenses of third-party software to provide our services. The inability to maintain these licenses or errors in the software we license could result in increased costs, or reduced service levels, which would adversely affect our business.
  • We rely on third parties to perform key functions of our business operations and to provide services to our clients. These third parties may act in ways that could harm our business.
  • Our business is exposed to risks associated with the handling of client funds.
  • Our global operations expose us to various international risks that could adversely affect our business.
  • Our global delivery capability is concentrated in certain key operational centers, which may expose us to operational risks.
  • The profitability of our engagements with clients may not meet our expectations due to unexpected costs, cost overruns, early contract terminations, unrealized assumptions used in our contract bidding process or the inability to maintain our prices in light of any inflationary and competitive circumstances.
  • We might not be able to achieve the cost savings required to sustain and increase our profit margins.
  • We cannot guarantee that our previously announced restructuring program will achieve its intended result.
  • Changes in accounting principles or in our accounting estimates and assumptions could negatively affect our financial position and results of operations.
  • We may be required to record goodwill or other long-lived asset impairment charges, which could result in a significant charge to earnings.
  • Our work with government clients exposes us to additional risks inherent in the government contracting environment.
  • We are subject to taxation related risks in multiple jurisdictions.
  • Risks Related to Ownership of our Securities
  • The Sponsor Investors have significant influence over the Company and their interests may conflict with the Company’s or its stockholders in the future.
  • Our Charter and Bylaws, and applicable law and regulations, as well as the Investor Rights Agreement, contain provisions that could discourage acquisition bids or merger proposals, which may adversely affect the market price of our Class A Common Stock.
  • If securities or industry analysts downgrade their recommendations regarding our Class A Common Stock, the price of our Class A Common Stock and trading volume could decline.
  • The market price of shares of our Class A Common Stock has been, and may continue to be volatile and may decline regardless of our operating performance, which could cause the value of your investment to decline.
  • The Company’s decision to maintain, reduce or discontinue paying cash dividends to our stockholders or repurchasing our Class A Common Stock could cause the market price for our Class A Common Stock to decline.
  • There can be no assurance that we will be able to comply with the continued listing standards of NYSE for our Class A Common Stock.
  • Risks Related to our Organizational Structure
  • The Company is a holding company, and our only material asset is our direct and indirect interests in Alight Holdings, and we are accordingly dependent upon distributions from Alight Holdings to pay dividends, taxes and other expenses, including payments under the Tax Receivable Agreement.
  • The Company is required to pay certain parties for most of the benefits relating to any additional tax depreciation or amortization deductions that we may claim as a result of the Company’s direct and indirect allocable share of existing
  • tax basis acquired in the Business Combination, the Company’s increase in its allocable share of existing tax basis and anticipated tax basis adjustments we receive in connection with sales or exchanges of Alight Holdings Units after the Business Combination.
  • In certain cases, payments under the Tax Receivable Agreement may be accelerated and/or significantly exceed the actual benefits the Company realizes in respect of the tax attributes subject to the Tax Receivable Agreement.
  • The acceleration of payments under the Tax Receivable Agreement in the case of certain changes of control may impair our ability to consummate change of control transactions or negatively impact the value of our Class A Common Stock.
  • Risks Related to Our Indebtedness
  • Refinancing our debt may include terms less favorable to us
  • Our variable rate indebtedness subjects us to interest rate risk, which could cause our indebtedness service obligations to increase significantly.
  • Changes in our credit ratings could adversely impact our operations and lower our profitability.

Legal proceedings

We are a party to a variety of legal proceedings that arise in the normal course of our business. While the results of these legal proceedings cannot be predicted with certainty, we believe that the final outcome of these proceedings will not have a material adverse effect, individually or in the aggregate, on our results of operations or financial condition.

The opening of Item 3, Legal Proceedings.16

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
    SEC EDGAROther events
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73
  74. 74
  75. 75
  76. 76
  77. 77
  78. 78
  79. 79
  80. 80
  81. 81
  82. 82
  83. 83
  84. 84
  85. 85
  86. 86
  87. 87
  88. 88
  89. 89
  90. 90
  91. 91
  92. 92
  93. 93
  94. 94
  95. 95
  96. 96