Support.com and Greenidge Generation Holdings Inc. Announce Update on Merger Closing - Seite 2
Safe Harbor Statement
This announcement may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, all
statements relating to Support.com's plans to build an enterprise-ready leader in homesourcingSM. Such forward-looking statements are based on current expectations and information that
involve a number of uncertainties and risks that may cause actual events or results to differ materially from those indicated by such forward-looking statements, including Support.com's ability to
retain and grow major programs, Support.com's ability to expand and diversify its customer base, Support.com's ability to maintain and grow revenue, any acquisitions Support.com may make,
Support.com's ability to successfully develop new products and services, Support.com's ability to manage its workforce, Support.com's ability to operate in markets that are subject to extensive
regulations, Support.com's ability to control expenses, achieve desired margins and maintain or improve gross margin, Support.com's dependence on a small number of customers and partners,
Support.com's ability to attract, train and retain talented employees, potential intellectual property, class action or other litigation, fluctuations in government laws and regulations,
Support.com's ability to utilize and realize the value of our net operating loss carryforwards and how they could be substantially limited or permanently impaired, Support.com's ability to execute
any cost reduction program, any expenses or reputational damage associated with resolving customer warranty and/or indemnification claims, Support.com's ability to manage the effects of any cost
reduction plan on its workforce and other operations, and the occurrence of any event, change, or other circumstances that could give rise to the termination of the proposed merger or delay in the
closing of the proposed merger. Many of the foregoing risks and uncertainties are, and will be, exacerbated by the COVID-19 pandemic and any worsening of the global business and economic
environment as a result. More information on these risks and other potential factors that could affect Support's business and financial results is included in Support.com's filings with the SEC,
including in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Support.com's most recently filed periodic reports on Form
10-K/A and Form 10-Q and subsequent filings. Support.com assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.