Snail (SNAL) risk factors
Item 1A of every Snail, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors64 risks9 new3 dropped10 reworded
Snail added nine new risks highlighting executive leadership changes, foreign jurisdiction hurdles, debt covenants, and stablecoin initiatives. Financial pressures intensified with new Nasdaq delisting notices, short-term debt updates, and expanding convertible note dilution. Tax volatility spiked as the effective tax rate dropped to negative 64.6 percent.
Filed Mar 19, 2026 - FY2024 10-K risk factors58 risks
This company has no prior year risk disclosures on file. Dominant risks include heavy revenue concentration in the ARK franchise, management transition and public company inexperience, Nasdaq listing compliance issues, and intellectual property dependencies.
Filed Mar 26, 2025