Harbor Diversified Inc (HRBR)

[bababooyah]

The Company’s business, as well as the industry in which it operates, remains significantly impacted by the unprecedented material decline in demand for air travel resulting from the COVID-19 pandemic. As a result, the Company’s management team has been focused on analyzing, and taking actions in response to, the impacts and disruptions of the COVID-19 pandemic on its business, operations, financial condition and financial reporting processes, including by seeking to maintain the health and safety of its employees and customers, assessing the impact on the demand for its services and the demand for air travel generally, understanding the impact on its key business partners, analyzing the availability of government assistance, and assessing the disruption to the economy more broadly. The continued severity and duration of the impacts of the COVID-19 pandemic are difficult to predict; thus, the magnitude and scope of the effects on the Company’s business are highly uncertain and subject to change.