An Example Risk Factor Summary
By George Wilson
Robinhood Markets’ recent IPO attracted extensive press and investor attention. One interesting disclosure in the company’s Registration Statement on Form S-1 is the Risk Factors section, which starts on page 35 and ends on page 110. Since this is clearly more than 15 pages, as required by Regulation S-K Item 105, the company provided a two-page summary of their risk factors which you can find on pages 10-12 of the Registration Statement.
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