Acquisition Corp. is one of the world's major music entertainment companies. See Item 1A. Risk Factors — Risks Related to Our Controlling Stockholder. Our commercial innovation is crucial to maintaining our momentum. Members of older demographic groups are also increasing their music engagement. Smart speakers enable consumers to access music more readily by using their voices. Differentiated Platform of Scale with Top Industry Position. We recognize that music is inherently local in nature, shaped by people and culture. Embrace Commercial Innovation with New Digital Distributors and Partners. See "—Intellectual Property—Copyrights." In addition, we actively repackage music from our catalog to form new compilations. Our interests are aligned with theirs. At its core, the recorded music business relies on artistic talent. The E.U. also harmonized the copyright term for joint musical works. Additionally, they require substantial human and capital resources. As a result, we rely on third parties to ensure that our needs are sufficiently met. We cannot be certain that we will have funds available to remedy these defaults. Our dual class structure may depress the trading price of our Class A Common Stock. These provisions will not alter a director's liability under federal securities laws.