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The problem isn’t that they didn’t fix it. It’s that they knew about it and didn’t disclose it. When a company IPOs the SEC requires it to file a document tha
by cj 3y ago
The problem isn’t that they didn’t fix it.
It’s that they knew about it and didn’t disclose it.
When a company IPOs the SEC requires it to file a document that contains all known risks to the business and all possible factors that could negatively impact the company’s value over time. It sounds like they failed to include this specific known incident in their filings with the government.