Item 1A. Risk Factors
Item
1A. Risk Factors.
In
addition to the other information set forth in this Quarterly Report as discussed below, you should carefully consider the factors
discussed in the section captioned “Risk Factors” of our Registration Statement on Form S-1, filed with
the SEC on November 3, 2020. These factors could materially adversely affect our business, financial condition, liquidity,
results of operations and capital position, and could cause our actual results to differ materially from our historical results
or the results contemplated by the forward-looking statements contained in this Quarterly Report.
COVID-19
In
March 2020, the outbreak of COVID-19 (coronavirus) caused by a novel strain of the coronavirus was recognized as a pandemic by
the World Health Organization, and the outbreak has become increasingly widespread in the United States, Europe and Australia,
including in each of the areas in which we operate. The COVID-19 (coronavirus) outbreak has had a notable impact on general economic
conditions, including but not limited to the temporary closures of many businesses, “shelter in place” and other governmental
regulations, reduced business and consumer spending due to both job losses, reduced investing activity and M&A transactions,
among many other effects attributable to the COVID-19 (coronavirus), and there continue to be many unknowns. While to date we
have not been required to stop operating, management is evaluating its use of its office space, virtual meetings and the like.
We continue to monitor the impact of the COVID-19 (coronavirus) outbreak closely. The extent to which the COVID-19 (coronavirus)
outbreak will impact our operations, ability to obtain financing or future financial results is uncertain.
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