S-I/A Table of Contrail publicly traded common Mock. In addition, while we are currently in compliance with portions of the Sarbanes-Oxley Act of 2002 (the "Sarbanes- Oxley Act"), we will be required under the Sarbanes-Oxley Act, as well as rules adopted by the SEC and the NYSE, to implement specified corporate governance practices that currently do not apply to us as a private company. We arc currently a voluntary• filer and not subject to the periodic reporting requirements of the SEC. Upon completion of this offering, we will become obligated to file with the SEC annual and quarterly information and other reports. We will also be required to ensure that we have the ability to prepare financial statements on a timely basis that fully comply with all SEC reporting requirements and maintain effective internal controls over financial reporting. The additional demands associated with being a public company may disrupt regular operations of our business by diverting the attention of some of our senior management team away from revenue producing activities to management and administrative oversight, adversely affecting our ability to attract and complete business opportunities and increasing the difficult• in both retaining professionals and managing and growing our businesses. In addition, failure to comply with any laws or regulations applicable to us as a public company may result in legal proceedings and/or regulatory• investigations, and may cause reputational damage. Any of these effects could harm our business, financial condition and results of operations. Future sales, or the perception offuture sales, by us or our existing stockholders in the public market following this offering could cause the market price for our Class A common stock to decline. After this offering, the sale of shares of our Class A common stock in the public market, or the perception that such sales could occur, could harm the prevailing market price of shares of our Class