Item 7.01 - Regulation FD Disclosure.
As previously announced, on
While the Company's investigation of the incident is ongoing, at this time the Company believes the incident has been contained. Although the Company has not yet completed its investigation of the incident nor determined the costs and expenses associated with the incident, based on the information currently known, the Company does not expect the incident to have a material impact on its business or operations. The Company carries insurance, including cyber insurance, commensurate with its size and the nature of its operations.
The Company is focused on expeditiously completing its investigation of the incident with the assistance of the third-party experts it retained. The Company has also reported the incident to law enforcement and is cooperating with their investigation.
Security, in all its forms, remains a top priority at Americold, and the Company will continue to seek to take all appropriate measures to safeguard the integrity of its information technology infrastructure, data and customer information.
The foregoing information is furnished pursuant to Item 7.01, "Regulation FD." The information in Item 7.01 of this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, and shall not be or be deemed to be incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, regardless of any general incorporation language in such filing.
Forward-Looking Statements
This Current Report on Form 8-K includes statements that may constitute
"forward-looking statements" made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995, the accuracy of which are
necessarily subject to risks, uncertainties, and assumptions as to future events
that may not prove to be accurate. The words "expect," "will," "seek," and
similar expressions, as they relate to the Company, its operations and/or its
information technology infrastructure, data and customer information, are
intended to identify forward-looking statements. These statements include, but
are not limited to, express or implied forward-looking statements relating to
the Company's expectations regarding the impact on its business, operations and
financial results and its ability to contain the incident, continue ongoing
operations and safeguard the integrity of its information technology
infrastructure, data and customer information. These statements are neither
promises nor guarantees, but are subject to a variety of risks and
uncertainties, many of which are beyond the Company's control, which could cause
actual results to differ materially from those contemplated in these
forward-looking statements. Existing and prospective investors are cautioned not
to place undue reliance on these forward-looking statements, which speak only as
of the date hereof. Factors that could cause actual results to differ materially
from those expressed or implied include the ongoing assessment of the
cybersecurity incident, legal, reputational and financial risks resulting from
this and/or additional cybersecurity incidents, the effectiveness of business
continuity plans during the cybersecurity incident, and the other factors
discussed in the Company's Annual Report on Form 10-K for the year ended
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