PTK Acquisition Corp. Going Concern
03 Mai 2021 - 11:09PM
Business Wire
PTK Acquisition Corp. (NYSE American: PTK.U) (the “Company”), pursuant to the disclosure requirements
of the NYSE American Company Guidelines Sections 401(h) and 610(b),
the Company advises that its audited financial statements for the
fiscal year ended December 31, 2020, included in its Annual Report
on Form 10-K for the fiscal year ended December 31, 2020 as filed
with the Securities and Exchange Commission, contains an audit
opinion from its independent registered public accounting firm that
includes an explanatory paragraph related to the Company’s ability
to continue as a going concern. This advisement does not represent
any change or amendment to the Company’s financial statements or to
its Annual Report on Form 10-K for the fiscal year ended December
31, 2020.
About PTK Acquisition Corp.
PTK Acquisition Corp. is a blank check company organized for the
purpose of effecting a business combination with one or more target
businesses. PTK Acquisition Corp.’s efforts to identify a
prospective target business will not be limited to a particular
industry or geographic region, although it intends to focus its
search on target businesses operating in North America in the
high-tech industry.
Forward Looking Statements
This press release may contain forward-looking statements within
the meaning of the federal securities laws. Forward-looking
statements include all statements that are not historical facts,
and in some cases, can be identified by the use of forward-looking
terminology such as “may”, “will”, “expect”, “intend”,
“anticipate”, “estimate”, “believe”, “continue”, “project”, “plan”,
the negative version of these words or other similar expressions.
Readers are cautioned not to place undue reliance on any such
forward-looking statements. These forward-looking statements
inherently involve risks and uncertainties that are detailed in the
companies’ registration statements and other filings with the
Securities and Exchange Commission and, therefore, actual results
could differ materially from those projected in the forward-looking
statements. The companies assume no obligation to update publicly
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
All forward-looking statements speak only as of the date hereof
and are based on current expectations and involve a number of
assumptions, risks and uncertainties that could cause the actual
results to differ materially from such forward-looking statements.
They are not guarantees of future performance and involve risks and
uncertainties that are difficult to control or predict. Factors
which could have a material adverse effect on our operations and
future prospects include, but are not limited to, changes in
economic conditions generally and the tech market specifically,
legislative/regulatory, risks associated with debt financing,
interest rates, competition for a target business, risks related to
uncertainty and disruption in global economic markets as a result
of COVID-19 (commonly referred to as the coronavirus), and other
risks and uncertainties described herein, and in our filings with
the Securities and Exchange Commission (“SEC”) from time to time.
These risks and uncertainties should be considered in evaluating
any forward-looking statements.
The forward-looking statements represent the Company’s views as
of the date on which such statements were made. The Company
anticipates that subsequent events and developments may cause those
views to change. These forward-looking statements should not be
relied upon as representing the Company’s views as of any date
subsequent to the date hereof. The Company expressly disclaims a
duty to provide updates to forward-looking statements, whether as a
result of new information, future events or other occurrences.
Additional factors that may affect the Company’s business or
financial results are described in the risk factors included in the
Company’s filings with the SEC, including its Annual Report on Form
10-K for the fiscal year ended December 31, 2020, and subsequent
Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
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version on businesswire.com: https://www.businesswire.com/news/home/20210503005768/en/
Company: PTK Acquisition Corp. Peter Kuo, CEO 4601
Wilshire Boulevard, Suite 240 Los Angeles, California, 90010
213-625-8886
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