Forward-looking statements also include, but are not limited to, statements with respect to: the future performance of our business and operations;expectations regarding revenues, expenses, adjusted EBITDA and anticipated cash needs;expectations regarding cash flow, liquidity and sources of funding;expectations regarding capital expenditures;the anticipated benefits of Symbotic’s leadership structure;the effects of pending and future legislation;business disruption;disruption to the business due to Symbotic’s dependency on certain customers;increasing competition in the warehouse automation industry;any delays in the design, production or launch of our systems and products;the failure to meet customers’ requirements under existing or future contracts or customer’s expectations as to price or pricing structure;any defects in new products or enhancements to existing products;the fluctuation of operating results from period to period due to a number of factors, including the pace of customer adoption of our new products and services and any changes in our product mix that shift too far into lower gross margin products; andany consequences associated with joint ventures and legislative and regulatory actions and reforms.
Symbotic is working diligently and expects to file the Form 10-K and the amended Quarterly Reports on Form 10-Q for the interim periods of fiscal year 2024 on or before the expiration of the fifteen-calendar day extension period.1Adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) is a non-GAAP financial measure as defined below under "Use of Non-GAAP Financial Information.” The impact of the error corrections on adjusted EBITDA and income (loss) before tax are expected to be the same.
Forward-looking statements include, but are not limited to, statements about the ability of or expectations regarding Symbotic to: maintain the listing of the Symbotic Class A Common Stock on Nasdaq;comply with laws and regulations applicable to its business;stay abreast of modified or new laws and regulations applying to its business;successfully defend litigation;issue equity securities in connection with future transactions;meet future liquidity requirements and, if applicable, comply with restrictive covenants related to long-term indebtedness;timely and effectively remediate any material weaknesses in our internal control over financial reporting;anticipate rapid technological changes; andeffectively respond to general economic and business conditions.
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