MYPS on Nasdaq

PLAYSTUDIOS, Inc.

Prepackaged software services company based in Las Vegas1

In its 2026 annual report the company says: “PLAYSTUDIOS is a developer of free-to-play casual games for mobile and social platforms.”5 Its shares trade on Nasdaq under the symbol MYPS.1

Price unavailable

Last updated Oct 21, 2026.

Overview

$235.1MRevenue, fiscal 20252
-$28.6MNet income, fiscal 20252

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  • TickerMYPS on Nasdaq1
  • IndustryServices-Prepackaged Software1
  • HeadquartersLas Vegas, Nevada1
  • Business address10150 Covington Cross Drive, Las Vegas, Nv 891443
  • Filer categoryAccelerated filer, Smaller reporting company3

Acies was incorporated on August 14, 2020 for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Acies completed its initial public offering in October 2020. On June 21, 2021, Acies consummated the Acies Merger with Old PLAYSTUDIOS, pursuant to the Merger Agreement. In connection with the closing of the Acies Merger , we changed our name to PLAYSTUDIOS, Inc. PLAYSTUDIOS continues the existing business operations of Old PLAYSTUDIOS as a publicly traded company. Our website address is www.playstudios.com .5 From its latest annual report

Financials

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

Key numbers, fiscal 2025

-10.2%Operating margin2
-12.2%Net margin2
-18.8%Revenue growth, 20252
-12.6%Return on equity2
$25.4MFree cash flow2

What sells

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

Products and services

Virtual Currency brought in 81% of the revenue PLAYSTUDIOS, Inc. broke down this way in fiscal 2025.

  1. Virtual Currency$189.4M281%down 17% from 2024
  2. Advertising$45.7M219%down 24% from 2024
  3. Product and Service, Other$22.0K20%down 93% from 2024
Products and services by year
Products and services20242025
Virtual Currency$228.9M$189.4M
Advertising$60.2M$45.7M
Product and Service, Other$301.0K$22.0K

Business segments

Play GAMES brought in 100% of the revenue PLAYSTUDIOS, Inc. broke down this way in fiscal 2025.

  1. Play GAMES$234.1M2100%down 19% from 2024
  2. Play AWARDS$1.0M20%up 1526% from 2024
Business segments by year
Business segments20242025
Play GAMES$289.4M$234.1M
Play AWARDS$62.0K$1.0M

Regions

United States brought in 84% of the revenue PLAYSTUDIOS, Inc. broke down this way in fiscal 2025.

  1. United States$196.4M284%down 20% from 2024
  2. Outside the United States$38.7M216%down 14% from 2024
Regions by year
Regions20242025
United States$244.2M$196.4M
Outside the United States$45.2M$38.7M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development25¢$58.4M
  • Other costs74¢$174.8M
  • Income tax1¢$1.9M

Out of $235.1M in revenue.2 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending4¢$968.0K
  • Share buybacks13¢$3.5M
  • Kept or used elsewhere83¢$21.9M

Out of $26.3M of cash from operations.2

Financial statements

Revenue67892$235.1M in 2025−2% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $239.4M$239.4M20192020: $269.9M$269.9M2020+13%2021: $287.4M$287.4M2021+6%2022: $290.3M$290.3M2022+1%2023: $310.9M$310.9M2023+7%2024: $289.4M$289.4M2024−7%2025: $235.1M$235.1M2025−19%
Operating income67892-$23.9M in 2025
-$40.0M-$20.0M0$20.0M2019: $17.1M$17.1M20192020: $10.3M$10.3M2020−40%2021: -$3.0M-$3.0M20212022: -$28.1M-$28.1M2022+839%2023: -$10.5M-$10.5M2023−63%2024: -$32.9M-$32.9M2024+213%2025: -$23.9M-$23.9M2025−27%
Net income67892-$28.6M in 2025
-$40.0M-$20.0M0$20.0M2019: $13.6M$13.6M20192020: $12.8M$12.8M2020−6%2021: $10.7M$10.7M2021−16%2022: -$17.8M-$17.8M20222023: -$19.4M-$19.4M2023+9%2024: -$28.7M-$28.7M2024+48%2025: -$28.6M-$28.6M2025−0%

Every line of the income statement as filed: the last 2 fiscal years, latest first.2

Period ending2025-12-312024-12-31
Net revenue$235.1M$289.4M
Cost of sales$57.5M$72.7M
Selling and marketing$55.5M$64.6M
Research and development$58.4M$67.7M
General and administrative$45.9M$46.1M
Depreciation and amortization$38.4M$45.4M
Restructuring and related$3.5M$25.7M
Total operating costs and expenses$259.0M$322.3M
Loss from operations-$23.9M-$32.9M
Change in fair value of warrant liabilities$156.0K$856.0K
Change in fair value of contingent consideration-$5.0M-$85.0K
Interest income, net$2.9M$4.9M
Other expense, net-$910.0K-$97.0K
Total other (loss) income, net-$2.8M$5.6M
Loss before income taxes-$26.7M-$27.3M
Income tax expense-$1.9M-$1.4M
Net loss-$28.6M-$28.7M
Basic (USD per share)-$0.23-$0.22
Diluted (USD per share)-$0.23-$0.22
Basic (shares)125.7M shares129.4M shares
Diluted (shares)125.7M shares129.4M shares

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Corporate structure

PLAYSTUDIOS, Inc. sits at the top of its group. 9 entities, 8 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of PLAYSTUDIOS, Inc.

  • PLAYSTUDIOS, Inc. Las Vegas, Nevada
    • PLAYSTUDIOS Asia Limited Subsidiary · Hong Kong
    • PLAYSTUDIOS Asia SG Private Limited Subsidiary · Singapore
    • PLAYSTUDIOS Chile SpA Subsidiary · Chile
    • PLAYSTUDIOS International Europe doo Beograd-Vracar Subsidiary · Serbia
    • PLAYSTUDIOS International Israel Limited Subsidiary · Israel
    • PLAYSTUDIOS International Limited Subsidiary · Cayman Islands
    • PLAYSTUDIOS Mexico, S. de R.L. de C.V. Subsidiary · Mexico
    • PLAYSTUDIOS Vietnam Company Limited Subsidiary · Vietnam

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What PLAYSTUDIOS, Inc. 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
Property and equipment, before depreciation$33.7M2 Dec 31, 2025$32.3M2 Dec 31, 2024+4.3%
Accumulated depreciation$20.3M2 Dec 31, 2025$16.2M2 Dec 31, 2024+25.2%
Property and equipment, net$13.4M2 Dec 31, 2025$16.1M2 Dec 31, 2024−16.7%
Operating-lease assets (leased space)$7.5M2 Dec 31, 2025$9.7M2 Dec 31, 2024−22.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$104.9M2 Dec 31, 2025$109.2M2 Dec 31, 2024−3.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$52.2M2 Dec 31, 2025$52.2M2 Dec 31, 20240%
Intangible assets, net (excluding goodwill)$76.4M2 Dec 31, 2025$91.0M2 Dec 31, 2024−16.0%
Finite-lived intangibles, gross$319.8M2 Dec 31, 2025$299.9M2 Dec 31, 2024+6.7%
Accumulated amortization$244.4M2 Dec 31, 2025$209.9M2 Dec 31, 2024+16.5%
Finite-lived intangibles, net$75.4M2 Dec 31, 2025$90.0M2 Dec 31, 2024−16.2%

Properties, in its own words

As of December 31, 2025, our principal business operations were located in offices owned by us in Las Vegas, Nevada, and we also leased facilities in eight locations worldwide, including San Francisco, California; Santa Monica, California; Portland, Oregon; Tel Aviv, Israel; Hong Kong; Belgrade, Serbia; Hanoi, Vietnam; and Singapore, which support our game development and operational activities. We believe our facilities are adequate to support our current operations. From time to time, we may adjust our office footprint, including through relocations, consolidations, or other adjustments to support our operations.

Item 2 of the 10-K filed Mar 16, 2026.5

Leadership

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

Board members and other officers (13)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • PLAYSTUDIOS Asia Limited Hong Kong4
  • PLAYSTUDIOS Asia SG Private Limited Singapore4
  • PLAYSTUDIOS Chile SpA Chile4
  • PLAYSTUDIOS International Europe doo Beograd-Vracar Serbia4
  • PLAYSTUDIOS International Israel Limited Israel4
  • PLAYSTUDIOS International Limited Cayman Islands4
  • PLAYSTUDIOS Mexico, S. de R.L. de C.V. Mexico4
  • PLAYSTUDIOS Vietnam Company Limited Vietnam4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • Acies Acquisition Corp.Sep 22, 2020 to Jun 21, 20213

Timeline

  1. Oct 6, 20268-K Impairment32
  2. Oct 1, 20268-K Change to shareholders' rights; Bylaws or fiscal year changed33
  3. Sep 25, 20268-K Other events34
  4. Sep 23, 20268-K Impairment35
  5. Aug 11, 20268-K Results of operations36
  6. Jul 10, 20268-K Shareholder vote37
  7. May 11, 20268-K Results of operations38
  8. May 5, 20268-K Listing notice or transfer39
  9. Mar 18, 20268-K Executive or director change40
  10. Mar 16, 20268-K Results of operations; Exit or restructuring costs41
  11. Nov 10, 20258-K Listing notice or transfer42
  12. Nov 3, 20258-K Results of operations43
  13. Jul 1, 2021New chief executive Andrew S. Pascal becomes CEO14
  14. Oct 22, 2020New chief executive Edward King becomes CEO16
  15. Oct 22, 2020New chief executive Daniel Fetters becomes CEO15

Calendar

Coming up

  1. Nov 2, 2026Reports results for the quarter ending Sep/202644

When it reported results

  1. Aug 11, 2026Reported quarterly or annual results36
  2. May 11, 2026Reported quarterly or annual results38
  3. Mar 16, 2026Reported quarterly or annual results41
  4. Nov 3, 2025Reported quarterly or annual results43
  5. Aug 4, 2025Reported quarterly or annual results45
  6. May 5, 2025Reported quarterly or annual results46
  7. Mar 10, 2025Reported quarterly or annual results47
  8. Nov 4, 2024Reported quarterly or annual results48

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

Filings

274 filings to the SEC since October 2021: 7 annual reports, 15 quarterly reports, 52 major events, 113 insider forms, 11 large holders, 76 other. The latest 20:

  1. Oct 6, 20268-K EDGAR
  2. Oct 1, 20268-K EDGAR
  3. Sep 25, 20268-K EDGAR
  4. Sep 23, 20268-K EDGAR
  5. Aug 11, 20268-K EDGAR
  6. Aug 11, 202610-Q EDGAR
  7. Aug 11, 2026NT 10-Q EDGAR
  8. Jul 29, 2026SCHEDULE 13G/A EDGAR
  9. Jul 20, 20264 EDGAR
  10. Jul 20, 20264 EDGAR
  11. Jul 20, 20264 EDGAR
  12. Jul 20, 20264 EDGAR
  13. Jul 10, 20268-K EDGAR
  14. Jun 17, 202625-NSE EDGAR
  15. May 29, 2026ARS EDGAR
  16. May 29, 2026DEF 14A FORM- DEF 14A EDGAR
  17. May 19, 20264 EDGAR
  18. May 19, 20264 EDGAR
  19. May 11, 202610-Q EDGAR
  20. May 11, 20268-K EDGAR

The 274 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

66 open-market trades by officers, directors and large owners since October 2021: 27 buys and 39 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Apr 8, 2026Peterson Scott EdwardChief Financial OfficerSale23,984$0.47$11.3KForm 4
Apr 7, 2026Peterson Scott EdwardChief Financial OfficerSale23,984$0.45$10.8KForm 4
Jan 20, 2026Peterson Scott EdwardChief Financial OfficerBuy11,593Form 4
Nov 19, 2025Peterson Scott EdwardChief Financial OfficerSale30,000$0.65$19.5KForm 4
Nov 18, 2025Peterson Scott EdwardChief Financial OfficerSale30,000$0.67$20.1KForm 4
Nov 12, 2025Peterson Scott EdwardChief Financial OfficerSale32,952$0.72$23.7KForm 4
Nov 11, 2025Peterson Scott EdwardChief Financial OfficerSale32,952$0.74$24.4KForm 4
Nov 7, 2025Peterson Scott EdwardChief Financial OfficerSale30,000$0.79$23.7KForm 4
Nov 6, 2025Peterson Scott EdwardChief Financial OfficerSale30,000$0.79$23.7KForm 4
Sep 10, 2025Peterson Scott EdwardChief Financial OfficerSale25,000$0.95$23.8KForm 4
Aug 11, 2025Peterson Scott EdwardChief Financial OfficerSale25,000$1.03$25.8KForm 4
Jul 10, 2025Peterson Scott EdwardChief Financial OfficerSale25,000$1.24$31.0KForm 4
Jul 8, 2025Agena JoelGeneral CounselSale11,489$1.23$14.1KForm 4
Jul 7, 2025Agena JoelGeneral CounselSale20,000$1.27$25.4KForm 4
Jul 3, 2025Agena JoelGeneral CounselSale20,000$1.30$26.0KForm 4
Jul 2, 2025Agena JoelGeneral CounselSale20,000$1.35$27.0KForm 4
Jul 1, 2025Agena JoelGeneral CounselSale20,490$1.33$27.3KForm 4
Jun 30, 2025Agena JoelGeneral CounselSale20,490$1.32$27.0KForm 4
Jun 27, 2025Agena JoelGeneral CounselSale20,490$1.34$27.5KForm 4
Jun 26, 2025Agena JoelGeneral CounselSale20,490$1.35$27.7KForm 4

All 66 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
2025Andrew PascalChairman and CEO60$750.0K$3.8M54
2025Scott PetersonCFO$400.0K$1.4M54
2025Robert OselandCOO$398.8K$1.4M54
2024Andrew PascalChairman and CEO60$750.0K$3.1M54
2024Scott PetersonCFO$398.1K$2.5M54
2024Robert OselandCOO$373.1K$1.4M54

SEC filer profile

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

  • Name on EDGARPLAYSTUDIOS, Inc.1
  • CIK0001823878
  • Employer ID (EIN)88-18027945
  • Filer statusAccelerated filer not an emerging growth company; a smaller reporting company; not a shell company5
  • Incorporated inDelaware5
  • Fiscal year endsDecember 311
  • Industry code (SIC)7372 Services-Prepackaged Software1
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance1
  • Business address10150 Covington Cross Drive, Las Vegas, NV 891441
  • Phone725-877-70001
  • Shares outstanding111,790,336 Common Class A shares; 16,457,769 Common Class B shares as of Feb 28, 20265
  • Public float$116.4M as of Jun 30, 20255
  • AuditorDeloitte & Touche LLP, Las Vegas, Nevada PCAOB ID 34; it also attests to the company’s internal control over financial reporting5
  • On EDGAR sinceSep 22, 20201
  • Filings380 in all: 4 (109), 8-K (60), 144 (34), 425 (23), 3 (22), 10-Q (18), 424B3 (13), CORRESP (10)1
    All 40 form types

    SC 13G/A (7), 10-K (6), S-8 (6), UPLOAD (6), 10-K/A (5), DEF 14A (5), EFFECT (5), SC 13G (5), ARS (4), DEFA14A (4), S-4/A (4), S-1/A (3), SC TO-I/A (3), SCHEDULE 13G/A (3), 25-NSE (2), 4/A (2), 8-K/A (2), POS AM (2), PRE 14A (2), S-1 (2), SC 13D (2), 424B4 (1), 5 (1), 8-A12B (1), 8-K12B (1), CERT (1), DEFM14A (1), DRS (1), NT 10-Q (1), S-4 (1), SC TO-I (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Mar 16, 2026
    Quarterly report (10-Q) Aug 11, 2026
    Proxy statement (DEF 14A) May 29, 2026
    Latest 8-K (8-K) Oct 6, 2026

Securities registered for trading

ClassSymbolExchange
Class A common stockMYPSNasdaq Stock Market LLC
Redeemable warrants exercisable for one share of Class A common stock at an exercise price of $11.50 per shareMYPSWNasdaq Stock Market LLC

From the cover page of the 10-K filed Mar 16, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks PLAYSTUDIOS, Inc. names in Item 1A of its 10-K filed Mar 16, 2026: 66 risks under these headings, as written.5

  • Risks Related to Our Business and Industry
  • Our business will suffer if we are unable to entertain our players, develop new games, and improve the experience within our existing games.
  • If we successfully develop new games and features, they may cannibalize engagement or revenue from our existing games without expanding our overall player base or increasing total revenue.
  • We believe that our players’ level of engagement with our games is partly based on playAWARDS, our real-world rewards loyalty program. If we are unable to maintain, expand or diversify our playAWARDS program, or if external factors reduce the perceived value or usability of real-world rewards, our business may suffer.
  • Our industry is very competitive. If players prefer our competitors’ games over our own, our operating results could suffer.
  • Our traditional social casino business has experienced declining performance, which we believe is attributable in significant part to increased competition from sweepstakes-based casino offerings, and this trend may continue or accelerate.
  • We rely on a small portion of our total players for a substantial portion of our revenue and fluctuations in player engagement or spending could materially harm our revenue and operating results.
  • A substantial portion of our loyalty rewards and certain key intellectual property are obtained from MGM, and changes in that relationship could materially and adversely affect our business and financial results.
  • We rely on third-party platforms such as the Apple App Store, Google Play Store, Amazon Appstore, and Facebook to make our games available to players and collect revenues generated on such platforms, and we rely on third-party payment service providers to collect revenues generated on our own platforms.
  • We rely on third-party hosting and cloud computing providers, including Amazon Web Services, and any failure, disruption, or significant interruption in these services could adversely impact our operations and harm our business.
  • We have engaged, and expect to engage, third-party game development companies to develop and operate certain of our mobile games, and if they fail to perform as expected, our business may suffer.
  • If we are unable to effectively invest in, maintain, and enhance awareness of our brands and games, or if our brand-related marketing expenditures are inefficient or excessive, our business, financial condition, results of operations, or reputation could be harmed.
The other 55 risks
  • Our ability to acquire and maintain licenses to third-party intellectual property may affect our revenue, profitability, and competitive position.
  • The perceived value of our virtual currency and the effectiveness of our pricing and monetization models are highly dependent on how we manage the economies in our games. If we fail to manage our game economies properly, our business may suffer.
  • Our ability to successfully attract in-game advertisers depends on the effectiveness of our advertising models and our ability to maintain player engagement.
  • Our games and other software applications, and our and our vendors' and other partners' information technology and other systems and platforms, have, on occasion, experienced failures, errors, defects, or disruptions. Such events could disrupt our business, impact our games and related software applications, affect our ability to scale our technical infrastructure, diminish our brand and reputation, subject us to liability, and adversely affect our operating results and growth prospects.
  • Our success depends on the security and integrity of the games we offer, and security breaches or other disruptions could compromise our information or the information of our players and expose us to liability, which would cause our business and reputation to suffer.
  • If the use of mobile devices as game platforms does not continue to grow or if player engagement on mobile devices declines or shifts to other platforms, our business could be adversely affected.
  • While we have achieved profitability in the past, our revenue and operating margins may decline, and we may not be able to sustain profitability.
  • We may pursue selective strategic acquisitions, investments, and joint ventures, which involve numerous risks and uncertainties.
  • Our business could be negative impacted by future pandemics, health epidemics or contagious disease outbreaks.
  • Our international operations are subject to increased challenges and risks.
  • We are subject to claims, investigations, and litigation that could adversely affect our business.
  • The legal and regulatory treatment of games that incorporate sweepstakes-based promotional mechanics is evolving, uncertain, and increasingly restrictive in certain jurisdictions, which could materially and adversely affect our business.
  • Our reliance on third-party platforms, payment providers, and other service partners exposes us to additional risks related to sweepstakes-based promotional mechanics that could materially adversely affect our business.
  • Failure to obtain, maintain, protect, or enforce our intellectual property rights could harm our business, results of operations, and financial condition.
  • We have been in the past, and may be in the future, subject to intellectual property disputes, which are costly to defend and could require us to pay significant damages and could limit our ability to use certain technologies in the future.
  • Our games utilize third-party open source software components, which may pose particular risks to our proprietary software, technologies, and games and could negatively affect our business, financial condition, or results of operations.
  • We are subject to laws and regulations concerning data privacy, information security, data protection, and consumer protection, and these laws and regulations are continually evolving. Our actual or perceived failure to comply with these laws and regulations could harm our business.
  • Our business depends on our ability to collect, use, and share data to deliver relevant content, marketing, and analytics, and limitations on data collection or use could reduce our revenue and impair our business.
  • We rely on assumptions and estimates to calculate certain of our key operating and engagement metrics, and real or perceived inaccuracies in such metrics may harm our reputation and negatively affect our business.
  • Companies and governmental agencies may restrict access to platforms, our website, mobile applications, or the Internet generally, which could lead to the loss or slower growth of our player base.
  • Our business depends on the growth and maintenance of wireless communications infrastructure.
  • Changes in tax laws or tax rulings could materially affect our effective tax rates, financial position, and results of operations.
  • We could be required to collect additional sales, value-added, or similar taxes or be subject to other tax liabilities that may increase the costs of our players to engage with our games and adversely affect our results of operations.
  • We may have exposure to greater than anticipated tax liabilities.
  • Our ability to utilize our research credit carryforwards and certain other tax attributes may have been limited by “ownership changes” and may be further limited.
  • Risks Related to Managing Our Business Operations in Israel
  • Potential political, economic, and military instability in Israel and the surrounding region may adversely affect our results of operations.
  • Our operations may be disrupted because of the activation of Israeli citizens for military service.
  • We incur operating expenses that are denominated in currencies other than the US Dollar, including expenses denominated in New Israeli Shekels, and as a result our financial condition and results of operations may be harmed by currency exchange rate fluctuations.
  • General Risk Factors
  • Economic downturns and political and market conditions beyond our control could adversely affect our business, financial condition, results of operations, or prospects.
  • Our results of operations may fluctuate due to various factors and, accordingly, our periodic operating results should not be relied upon as indicative of future performance.
  • Our reported financial results may be affected by changes in accounting principles generally accepted in the U.S.
  • Securities analysts may not publish favorable research or reports about our business or may publish no information at all, or may provide limited or inconsistent coverage, which could cause our stock price or trading volume to decline.
  • We may require additional capital to support our growth plans, and such capital may not be available on terms acceptable to us, if at all. This could hamper our growth and adversely affect our business.
  • Our investments may become impaired by deterioration of the financial markets.
  • The requirements of being a public company may strain our resources and divert management’s attention, and the increases in legal, accounting and compliance expenses may be greater than we anticipate.
  • We qualify as a smaller reporting company and are subject to accelerated filer requirements, which may affect investor perceptions and increase our compliance costs.
  • If we are unable to effectively manage our workforce and organizational structure, including changes to our operations, our financial performance and future prospects could be adversely affected.
  • Our success depends on the performance and retention of our employees, including certain key employees. The loss of key executives or other key employees could harm our business.
  • Any restructuring actions and cost reduction initiatives that we have undertaken or may undertake in the future may not deliver the expected results and these actions may adversely affect our business.
  • Our systems and operations are vulnerable to damage or interruption from natural disasters, power losses, telecommunications failures, cybersecurity attacks, terrorist attacks, acts of war, civil unrest, geopolitical instability, pandemics or other public health crises, supply chain disruptions, human errors, break-ins and similar events.
  • Our insurance may not provide adequate levels of coverage against claims.
  • Because we are a “controlled company” within the meaning of the Nasdaq rules, our stockholders may not have certain corporate governance protections that are available to stockholders of companies that are not controlled companies.
  • If we fail to meet the listing standards of Nasdaq, our Class A common stock may be delisted, which could have a material adverse effect on the price and liquidity of our Class A common stock.
  • The dual class structure of our common stock has the effect of concentrating voting power with Andrew Pascal, our Chairman and Chief Executive Officer, which limits investors' ability to influence the outcome of important matters, including a change in control.
  • We cannot predict the impact our dual class structure may have on the stock price of our Class A common stock.
  • We may issue preferred stock or additional common stock, including under the 2021 Plan and 2021 Employee Stock Purchase Plan. Any such issuances would dilute the interest of our stockholders and likely present other risks.
  • Warrants may be exercised for our Class A common stock, and Earnout Shares and Sponsor Shares may become issuable or vest, which could increase the number of shares eligible for future resale in the public market and result in dilution to our stockholders.
  • Regulatory and licensing requirements may limit the ability of third parties seeking to make investments in us or acquire us.
  • Additional Risks Related to Ownership of Our Class A Common Stock and Our Operation as a Public Company
  • The price of our Class A common stock and Public Warrants may be volatile.
  • We do not currently pay dividends on our common stock, and as a result capital appreciation, if any, may be the sole source of gain for our stockholders.
  • We have been, and in the future may be, subject to securities litigation, which could be costly and divert management's attention.
  • Public Warrants may may expire worthless, may be amended with limited holder approval, and may be redeemed by us in a manner that is disadvantageous to holders.
  • Delaware law and our organizational documents contain certain provisions, including anti-takeover provisions, that limit the ability of stockholders to take certain actions and could delay or discourage takeover attempts that stockholders may consider favorable.
  • The provisions of our Certificate of Incorporation requiring exclusive forum in the Court of Chancery of the State of Delaware for certain types of lawsuits may have the effect of discouraging lawsuits against our directors and officers.

Legal proceedings

See discussion of legal proceedings in Note 12—Accrued and Other Current Liabilities and Note 17—Commitments and Contingencies in the accompanying consolidated financial statements.

The opening of Item 3, Legal Proceedings.5

Sources

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

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    SEC EDGARImpairment
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    SEC EDGAROther events
  35. 35
    SEC EDGARImpairment
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