RE: Ha20 May 2025 13:41
Principal risks and uncertainties faced by the Company from the date of Acquisition
The principal risks and uncertainties now faced by the Company will include but are not limited to:
* Risks of operating a developing commercial business
These risks include but are not limited to competition, market penetration, regulatory environment, technical development including retention, attraction, skills and knowledge of personnel, and security of intellectual property.
* Risks of sufficient funding to pursue and deliver the Company's strategic plan.
These include reliance on cash generation from operations, availability of credit and debt finance in the ordinary course of business, and access to equity funding from the issue and admission of new shares on the AIM Market.
* * Risks of retaining and attracting Key Management and Technical Personnel.
These include the Company's ability to offer competitive terms of employment including industry standard levels of pay and benefits, access to talent, and ongoing training and development programs to support the strategic development of business and organization.
* * Risks of Effective Leadership on Company's strategic plan.
These risks include retention, attraction and performance of executive and senior management, including effectiveness of the Company's Board of Directors and its Committees.