1 unchanged sentence
our business have not changed materially from the risk factors set forth in our Annual Report on Form 10-K for the year ended December
−Removed: 31, 2022 filed with the SEC on February 15, 2023.
+Added: 31, 2022 filed with the SEC on February 15, 2023, except as follows:
+Added: February 2024, we will be losing access to certain semiconductor manufacturing and engineering services which may be difficult to replace.
+Added: Since 2016, we have worked with TSI Technology Development & Commercialization Services LLC, or TSI under a Master R&D Services
+Added: Agreement and a Manufacturing Agreement.
+Added: Under these agreements, TSI provides us with foundry services, consisting of engineering and
+Added: manufacturing services.
+Added: In August 2023, TSI was acquired by Robert Bosch Semiconductor LLC, or Bosch.
+Added: In October 2023, Bosch advised us
+Added: that on January 31, 2024 it will cease providing engineering and manufacturing services to third parties, including Atomera, in order
+Added: to commence the conversion of the TSI fab to production of Silicon Carbide semiconductor products.
+Added: We have an ongoing search for a replacement
+Added: provider of foundry services.
+Added: However, there are few foundries that offer R&D services that are comparable to those, provided by TSI,
+Added: so we may face difficulty in finding a replacing the services currently.
+Added: We have utilized TSI’s services for a portion of our internal
+Added: R&D which required complete semiconductor device fabrication.
+Added: No wafers sold or licensed to any customer have been fabricated at TSI.
+Added: Accordingly, we do not believe that the loss of TSI’s services will have a meaningful impact on any of our ongoing client engagements.
+Added: However, we believe it is likely that our access to foundry services will be interrupted while we reach agreement with a replacement foundry
+Added: and adapt our R&D processes to those used at a new provider.
+Added: This transition may cause us to incur meaningful startup costs and may
+Added: divert engineering resources from ongoing R&D activities.
+Added: The potential inability to replace the TSI services in a timely manner may
+Added: have a material adverse effect on the timing and cost of continuing to develop example applications and devices which exhibit the advantages
+Added: of our MST technology.
The following is a list of
26 unchanged sentences
ATOMERA INCORPORATED.
−Removed: August 2, 2023
+Added: November 1, 2023
Chief Executive Officer,
(Principal Executive Officer)
−Removed: August 2, 2023
+Added: November 1, 2023
/s/ Francis B.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.