Business description of IRIS-ACQUISITION-CORP from last 10-k form

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References to the “Company,” “our,” “us” or “we” refer to Tribe Capital Growth Corp I, a blank check company incorporated in Delaware on November 5, 2020. References to our “sponsor” refer to Tribe Arrow Holdings I LLC, a Delaware limited liability company, an entity affiliated with our officers, directors and advisors.

This Annual Report on Form 10-K contains statistical data, estimates and forecasts that are based on independent industry publications or other publicly available information, as well as other information based on our internal sources. While we believe the industry and market data included in this report are reliable and are based on reasonable assumptions, these data involve many assumptions and limitations, and you are cautioned not to give undue weight to these estimates. While we are not aware of any misstatements regarding any such third-party information presented in this report, we have not independently verified the accuracy or completeness of the data contained in these industry publications and other publicly available information. None of the industry publications referred to in this report were prepared on our or on our affiliates’ behalf or at our expense. Our business is subject to a high degree of uncertainty and risk due to a variety of factors, including those described in Item 1A. “Risk Factors,” which could cause results to differ materially from those expressed in these publications and other publicly available information.

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our ability to complete our initial business combination;
our success in retaining or recruiting, or changes required in, our officers, key employees or directors following our initial business combination;
our officers and directors allocating their time to other businesses and potentially having conflicts of interest with our business or in approving our initial business combination, as a result of which they would then receive expense reimbursements;
our potential ability to obtain additional financing to complete our initial business combination;
our pool of prospective target businesses;
the ability of our officers and directors to generate a number of potential investment opportunities;
the ability to have our securities continue to be listed on Nasdaq, including following a business combination;
our public securities’ potential liquidity and trading;
our ability to consummate an initial business combination despite the continued uncertainty resulting from the ongoing COVID-19 pandemic or the outbreak of other infectious diseases;
the trust account not being subject to claims of third parties;
the potential market for our securities; or
our financial performance.

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newly formed company without an operating history;
delay in receiving distributions from the trust account;
lack of opportunity to vote on our proposed business combination;
lack of protections afforded to investors of blank check companies;
deviation from acquisition criteria;
issuance of equity and/or debt securities to complete a business combination;
lack of working capital;
third-party claims reducing the per-share redemption price;
negative interest rate for securities in which we invest the funds held in the trust account;
our stockholders being held liable for claims by third parties against us;
failure to enforce our sponsor’s indemnification obligations;
warrant holders limited to exercising warrants only on a “cashless basis”;
the ability of warrant holders to obtain a favorable judicial forum for disputes with our company;
dependence on key personnel;
conflicts of interest of our sponsor, officers and directors;
the delisting of our securities by the Nasdaq;
dependence on a single target business with a limited number of products or services;
shares being redeemed and warrants becoming worthless;
our competitors with advantages over us in seeking business combinations;
ability to obtain additional financing;
our initial stockholders controlling a substantial interest in us;
warrants adverse effect on the market price of our common stock;
events which may result in the per-share amount held in our trust account dropping below $10.00 per public share;
disadvantageous timing for redeeming warrants;
registration rights’ adverse effect on the market price of our common stock;
impact of COVID-19 and related risks;
business combination with a company located in a foreign jurisdiction;
changes in laws or regulations; tax consequences to business combinations;
exclusive forum provisions in our amended and restated certificate of incorporation;
our ability to continue as a going concern;
our ability to access sufficient financing to sustain our operations and consummation our initial business combination;
material weakness in our internal control over financial reporting; and
potential litigation and other risks as a result of the material weaknesses in our internal control over financial reporting.

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