Everspin Technologies Inc (MRAM) has disclosed a new risk, in the Regulation category.
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Everspin Technologies Inc. operates under stringent anti-corruption regimes such as the FCPA, the U.S. domestic bribery statute, the U.S. Travel Act and comparable foreign laws, exposing it to enforcement risk across multiple jurisdictions. Because liability can arise from the actions of employees, agents, suppliers and other partners even without its knowledge, any violation could trigger severe fines, criminal sanctions, loss of trade privileges, reputational damage and restrictions on selling or developing its products, materially impacting its operations and financial condition.
Overall, Wall Street has a Moderate Buy consensus rating on MRAM stock based on 2 Buys.
To learn more about Everspin Technologies Inc’s risk factors, click here.