DISCLAIMER
Forward-Looking Statements
Certain statements in this teaser (“Teaser”), including the projections, are forward-looking statements. Forward-looking statements generally relate to future events or Victory’s (the “Company”) future financial or operating performance. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements.
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Company and its management, as the case may be, are inherently uncertain. Uncertainties and risk factors that could affect the Company’s future performance and cause results to differ from the forward-looking statements in this Teaser include, but are not limited to: any downturn or volatility in economic conditions; the effects of COVID-19 or other epidemics, cyclicality in the semiconductor industry, any downturn in the Company’s end markets including automotive or audio-visual; changes in the competitive environment affecting the Company or their customers, including their inability to introduce new products or technologies; the impact of pricing pressure and erosion; supply chain risks; risks to the Company’s ability to protect their intellectual property and avoid infringement by others, or claims of infringement against them; and risks related to the fact that the Company is incorporated in Israel and governed by Israeli law.
Nothing in this Teaser should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company does not undertake any duty to update these forward-looking statements.
Use of Projections
This Teaser contains financial forecasts with respect to the Company’s projected financial results for the Company’s fiscal years 2021 through 2026. These projections should not be relied upon as being necessarily indicative of future results. The assumptions and estimates underlying the prospective financial information are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information, including those described above under “Forward-Looking Statements.” Accordingly, there can be no assurance that the prospective results are indicative of the future performance of the Company or that actual results will not differ materially from those presented in the prospective financial information. Inclusion of the prospective financial information in this Teaser should not be regarded as a representation by any person that the results contained in the prospective financial information will be achieved.
Industry and Market Data; Trademarks, Service Marks and Copyrights
In this Teaser, the Company relies on and refers to certain information and statistics obtained from third-party sources which they believe to be reliable. The Company has not independently verified the accuracy or completeness of any such third-party information. You are cautioned not to give undue weight to such industry and market data.
This Teaser may include trademarks, service marks, trade names and copyrights of other companies, which are the property of their respective owners. Solely for convenience, some of the trademarks, service marks, trade names and copyrights referred to in this Teaser may be listed without the TM, SM, (c) or (r) symbols, but the Company will assert, to the fullest extent under applicable law, the right of the applicable owners, if any, to these trademarks, service marks, trade names and copyrights.
No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933 as amended, and otherwise in accordance with applicable law.