EFTA Document EFTA01366525

Amendment #4 Page 96 of 868 IAle 41 Cont.:nit You may experience dilution of your ownership interest due to the future issuance of additional shares of our Class A common stock lye are in a capsal nectar.* treeless, and may rot have sufficient funds to thence ire growth of our business, Uwe amiss ens or to support our proeceo capital expenceures Asa result we may require additional funds from further equity or debt finanCelge, irk:Ming sales of preferred shares or COneertpOle debt to complete future accsostors, expansions and capital expenreures and pay tee general and administrative opals Cl our bilaillefle In the future we mey issue our previous), atironzed and une.sued secuntes, resulting in the Ninon of the ovinershp interests of purchasers of ow MSS A wnxmn Mock tittered hereby under Ott amended and restated cendoate cd incorporator\ we wdl be adhonzed to issue 2,750,000,000 shares of Class A common stock. 200,030,000 shares of Class B common stock, 550,000,000 ewes of Class B1 common stock and 50.000 000 shares of preferred stock with preferences and nghts as determined by our board of directors The potent al issuance of addsonal shares of common stock or preferred stock or con/wide debt may create downward pressure on the tracing pnce of our Class A common stock We may also este additonar snares of our Class A common stock or other secuntes that are cuwerstie ire° or exercisable for ow Class A common stock in figure public crenngs or prIvate placements for capital raising purposes or for other business pc.rposes potertaty at an offering price converson pnce or exercise price that is below re offering price for our Class A common stock ri Mrs offering If securities or Industry analysts do not pubash or cease publishing research or reports about us, our business or our market, or if they change their recommendations regarding our Gass A cowmen stock adversely, the stock price and trading volume of our Class A common stock could decline The trading market for our Class A common stock we be irfluerced by the research and reports that industry or secunbes analysts may pitorish about us oil business, our market a OW competitors. any Olthe analysts who may cover us change their reoommendation regardng ois Class A common stock adverse/. Of provide more favorable relatve recommendations about our competitors. the price of our Class A cannon stock would like/ decline El any analyst who may cover us were to cease coverage of our convery or fail to regUarty publish reports on us, we could lose visibility in the financial markets, which in turn could cause the stock price or trading vdurne d an Class A common stock to decline. There Is no existing ~kW for our Cass A common stock and we do not know If one will develop with adequate *gunny to sell our Cases A common stock a prices equal to or greater then the offering price Prier to the of eets I nere has not teen a pubic market for our Clan A OCOUTCon stock We cannot predct the extent to weft.) investor interest in Our company eel lead to the development al an sane trading Market on the NASDAQGlobal Select Market or otherwise or how Iqud that market might become if an active trading rrerket does not develop, you ray have difficulty seeing our Class A cannon stock that you purchase In this offerrg The anal public offering prce for our Class A common stock was determined by negatedone between us. SunECISOn and the underwriters and may rot be indcatwe of prices that will prevail in the open manic !Wow ng Ih5 of fen ng Consequently you may not be ace to sell our Class A common stock at prices equal to a greater than the pros you paid in this offering or al all Future sales of our common stock by ow Sponsor, the Investors In the Private Placements or thinbparty developers receiving shares in connection with pmject acquiskions may muss the price of our Class A common stock to fall. The market price of our Class A cannon stock could dedre ass reaM of sales of such shares (*.suable to ors Sponsor upon the exchange of some or all of its Class B units or Cass BI units d Global LLC) by our Sponsor rto the market by the irwesbrs n the Private Placements, by third-party developers receiving shares n connection with 88 http://cfdocs.btogo.com:27638/cf/drv7/pub/edgar/2015/07/20/0001193125-15-256461/d78... 7/20/2015 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0058053 CONFIDENTIAL SONY GM_00204237 EFTA01366525