CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This prospectus and the documents incorporated by reference in this prospectus or any prospectus supplement contain or may contain forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Statements regarding our future results of operations and financial position, business strategy and plans, and objectives of management for future operations, including, among others, statements regarding expected growth, introduction of new products and services, future capital expenditures and debt service obligations, are forward-looking statements. In some cases, you may identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “seeks,” “intends,” “targets,” “projects,” “contemplates,” “grows,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. Accordingly, we caution you that any such forward-looking statements are not guarantees of future performance and are subject to risks, assumptions, and uncertainties that are difficult to predict. Although we believe that the expectations reflected in these forward-looking statements are reasonable as of the date made, actual results may prove to be materially different from the results expressed or implied by the forward-looking statements.
Factors that could cause our actual results to differ materially from those indicated in any forward-looking statements, include, but are not limited to, the following:
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our future financial and operating performance, including our ability to achieve or maintain profitability;
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our ability to successfully execute our business plan and growth strategy;
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the sufficiency of our cash and cash equivalents to meet our liquidity needs;
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our ability to attract and retain customers;
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our ability to develop new offerings and services, including digital applications;
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our ability to optimize existing and future sales channels and market segmentation;
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our ability to compete with existing and new competitors in existing and future markets and offerings;
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our revenue may be affected by any disruptions in asset deployment caused by supply, construction or utility delays;
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our ability to manage our supply chains and distribution channels, including our ability to secure inventory from suppliers to meet customer demand and source materials in line with our expectations;
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risk associated with fluctuations in the market prices of commodity raw materials, including steel, aluminum, lithium carbonate, and cobalt, that are used in components from suppliers, such as lithium-ion batteries, that are incorporated into our energy storage products and solutions;
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risk associated with estimation uncertainty related to our product warranties;
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our ability to attract and retain talent;
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the impact of economic, social, and political instability in the markets in which we operate and other regions of the world;
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instability in the financial services sector and the impact on the viability of financial institutions where we maintain our cash and cash equivalents;
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changes in levels of inflation, interest rates, and foreign currency exchange rates and related actions taken by government authorities in connection therewith;
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our expectations regarding the size and growth of our existing and future markets in which we compete;
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the potential future impact of a global pandemic on our ground operations at project sites, our manufacturing facilities, our customers, our workforce, and our suppliers and our vendors;