Risk factors

Merlin (MRLN) risk factors

Item 1A of every Merlin, Inc. 10-K on file, and what changed from one year to the next.

  • FY2025 10-K risk factors

    63 risks. Merlin is a SPAC focused on closing its approved business combination, with shareholder redemptions and transaction funding dominating near-term risk.

    Filed Mar 12, 2026