12 unchanged sentences
• the pricing and expected gross margin for our services;
−Removed: • the expected benefits and synergies of the Acquisition of Circle8;
+Added: • the expected benefits and synergies of the acquisition of Circle8 Group B.V.;
• the expected financial condition, results of operations, earnings outlook and prospects of our Company, Lyneer and the combined company, including any projections of sales, earnings, revenue, margins or other financial items;
28 unchanged sentences
• Lyneer has a significant amount of debt obligations and its failure to restructure or pay such obligations when due could have a material adverse impact on Lyneer’s financial condition and long-term viability.
−Removed: Furthermore, Lyneer is in default under its principal credit facilities and outstanding promissory notes and any future defaults by Lyneer under its credit facilities could also have a material adverse impact on Lyneer’s financial condition and long-term viability.
+Added: Furthermore, Lyneer is in default under certain credit facilities and outstanding promissory notes and any future defaults by Lyneer under its credit facilities could also have a material adverse impact on Lyneer’s financial condition and long-term viability.
• Lyneer operates in an intensely competitive and rapidly changing business environment, and there is a substantial risk that its services could become obsolete or uncompetitive.
2 unchanged sentences
• Lyneer’s customers can terminate their agreements at any time, making Lyneer particularly vulnerable to a significant decrease in revenue within a short period of time that could be difficult to quickly replace.
−Removed: • The Company and Lyneer are parties to litigation with their former lender that could force the Company to repay indebtedness to its former lender which would have a material adverse effect on the Company.
• The Company’s audited financial statements have been prepared with a going concern qualification.
−Removed: Risks Related to Circle8’s Business
−Removed: • As a staffing company, Circle8 is prone to cash flow imbalances.
+Added: Risks Related to Circle8 Group B.V.’s Business
+Added: • As a staffing company, Circle8 Group B.V.
+Added: is prone to cash flow imbalances.
If it is unable to satisfy those needs from cash generated from its operations or borrowings under its debt instruments, upon mutual agreement we will be required to fund such shortfall.
−Removed: • Circle8’s clients come from a variety of enterprises and their needs may change rapidly as their businesses and industries evolve.
+Added: • Circle8 Group B.V.’s clients come from a variety of enterprises and their needs may change rapidly as their businesses and industries evolve.
• The worldwide employment services industry is highly competitive with limited barriers to entry into many markets, which could limit our ability to maintain or increase our market share or profitability.
−Removed: • Circle8’s international operations subject us to numerous risks outside of our control, including risks arising from political unrest, military conflicts, natural disasters, severe weather conditions, and global health emergencies.
+Added: • Circle8 Group B.V.’s international operations subject us to numerous risks outside of our control, including risks arising from political unrest, military conflicts, natural disasters, severe weather conditions, and global health emergencies.
• Foreign currency fluctuations, changes in tax rates, adoption of new international tax legislation or tax audits that could result in additional income tax liabilities may have a material adverse effect on our operating results.
3 unchanged sentences
• Our growth strategy and our expansion and acquisition strategy may not be executed effectively.
−Removed: Following the acquisition of Circle8, we have not reached any definitive agreement with any acquisition targets, and we cannot assure you that we will consummate any future acquisition on favorable terms or at all.
+Added: Following the acquisition of Circle8 Group B.V., we have not reached any definitive agreement with any acquisition targets, and we cannot assure you that we will consummate any future acquisition on favorable terms or at all.
• Cybersecurity risks may impact our business, and any improper disclosure or loss of sensitive or confidential company, employee, associate or customer data could damage our business operations and expose us to liability, which would cause our business and reputation to suffer.
2 unchanged sentences
We can face serious consequences for violations.
−Removed: • Each of Atlantic and Circle8 have incurred significant costs in connection with the Acquisition.
+Added: • Each of Atlantic and Circle8 Group B.V.
+Added: have incurred significant costs in connection with the Acquisition.
The Purchase Price under the Acquisition Agreement is not adjustable based on the market price of Atlantic Common Stock, so the Share consideration received by Axiom may have a greater or lesser value than at the time the Acquisition Agreement was signed.
6 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.