Key Business Risks and Uncertainties
For
comments
on
the
geopolitical
uncertainty
due
to
Russia’s
invasion
on
Ukraine,
imposed
sanctions
and
possible
future
sanctions
and
counter
sanctions
and
their
possible
impacts
on
Lifeline
SPAC
I’s
operations, please see section ”Events After the Reporting Period”.
The
risks
and
uncertainties
related
to
Lifeline
SPAC
I’s
business
are
described
in
the
listing
prospectus.
The key risks and uncertainties are as follows:
●
The
Company
has
not
previously
had,
nor
will
it
prior
to
the
Acquisition
have,
any
operational
activities
with
the
exception
of
preparation
of
the
Acquisition
and
negotiations,
and
it
has
not
generated
any
revenue,
and
therefore
it
may
be
difficult
for
investors
to
assess
the
Company’s
ability to attain its business targets and generate revenue in the future.
●
The
Company
may
not
be
able
to
complete
the
Acquisition
within
36
months,
which
may
result
in
the
discontinuation
of
trading
in
the
Company’s
series
A
shares
and
the
Company
has
to
be
placed
into
liquidation,
in
which
case
there
is
a
significant
risk
that
the
investor
will
not
recover
all the invested capital.
●
The
Company’s
success
and
its
ability
to
complete
a
successful
Acquisition
is
contingent
upon
the Company’s key personnel, the Board of Directors and the Company’s service providers.
●
The
Company
faces
risks
related
to
the
Acquisition
and
actions
aimed
at
completing
the
Acquisition may cause considerable costs, without the Acquisition being executed.
●
The
Company
may
encounter
considerable
competition
in
the
M&A
market,
which
may
hamper
the Company’s chances of identifying acquisition objects and completing the Acquisition.
●
The
SPAC
model
has
not
established
itself
in
Finland,
the
terms
for
SPACs
or
the
securities
used
in
them
have
not
yet
been
standardised
and
any
negative
publicity
concerning
SPACs
could have a negative impact on the Company and the entire SPAC market in Finland.
●
If
the
Acquisition
is
completed
on
unfavourable
terms
or
the
business
of
the
target
company
develops unfavourably, the shareholders may lose all or part of their investment.
●
Risks
related
to
the
target
company
cannot
currently
be
evaluated,
because
the
Company
has
not yet identified a potential Acquisition target.
●
The
materialisation
of
the
tax
risks
related
to
the
Company
may
have
an
adverse
effect
on
its
taxation and financial standing.
Future Outlook
Lifeline
SPAC
I
is
in
the
search
phase,
in
which
it
identifies
and
analyses
possible
target
companies
with
the
aim
to
complete
the
Acquisition
of
a
high
growth
potential
Nordic
technology
company
within