•our ability to compete with existing and new competitors in existing and new markets and offerings;
•our expectations regarding new and evolving markets, including our ability to expand our operations,
customer base, and revenue internationally and to adapt our models, platform, and applications to
local language, regulatory, and market requirements in new jurisdictions;
•our ability to identify, execute, and integrate beneficial acquisitions, investments, and strategic
partnerships;
•our ability to manage risk associated with our business, including risks arising from our public benefit
corporation status and the role of the LTBT in our governance;
•our ability to protect our models, platform, applications, and systems against cybersecurity threats,
including nation-state and other sophisticated threat actors;
•our expectations regarding the effects of existing and developing laws and regulations, including with
respect to AI, copyright, privacy and data protection, and export controls, economic sanctions, and
other trade controls;
•our ability to maintain, protect, and enhance our intellectual property;
•our ability to develop and protect our brand, including the impact of safety, security, or misuse
incidents and of our public positions on AI policy and regulation;
•the increased expenses associated with being a public company;
•the outcome of pending or future litigation, regulatory proceedings, and governmental enforcement
actions, and their potential effects on our business, financial condition, and results of operations;
•our dividend policy, including our current intention not to pay cash dividends and to retain future
earnings for use in our business;
•the development and maintenance of an active trading market for our Class A common stock and the
potential volatility of our stock price following this offering; and
•our anticipated uses of net proceeds from this offering.
We caution you that the foregoing list may not contain all of the forward-looking statements made in this
prospectus.
We have based the forward-looking statements contained in this prospectus primarily on our current
expectations, estimates, forecasts, and projections about future events and trends that we believe may affect our
business, financial condition, results of operations, and prospects. The outcome of the events described in these
forward-looking statements is subject to risks, uncertainties and other factors, including those described in the
section titled “Risk Factors” and elsewhere in this prospectus. Moreover, we operate in a very competitive and
rapidly changing environment. New risks and uncertainties emerge from time to time and it is not possible for
us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained
in this prospectus. Although we believe that we have a reasonable basis for each forward-looking statement
contained in this prospectus, we cannot assure you that the future results, events, and circumstances reflected
in the forward-looking statements will be achieved or occur at all, and actual future results, events, and
circumstances could differ materially from those described in the forward-looking statements. Accordingly, you
should not place undue reliance upon forward-looking statements as predictions of future events.
The forward-looking statements made in this prospectus relate only to our expectations as of the date on which
the statements are made. We undertake no obligation to update any forward-looking statements made in this
prospectus to reflect events or circumstances after the date of this prospectus or to reflect new information or
the occurrence of unanticipated events, except as required by law.
In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant
subject. These statements are based upon information available to us as of the date of this prospectus, and while