What LiveWire Group, Inc. told the SEC could break it.

LiveWire depends on suppliers — including critical and single-source suppliers — to deliver components on schedule, price, quality, and volume; it may be unable to effectively manage them, and global-economy uncertainty could interrupt supply.

“We depend on suppliers, including critical and single source suppliers, to deliver components according to schedules, prices, quality and volumes that are acceptable to us.”

LiveWire borrowed $75.0M under a Delayed Draw Term Loan from Harley-Davidson, collateralized by a security interest in substantially all of its assets and subject to restrictive covenants, on top of reliance on ATM equity sales — reflecting a pre-profit company dependent on its parent and capital markets.

“On December 15, 2025, we borrowed $75.0 million under the Term Loan. All of the obligations under the Term Loan are collateralized by a security interest in substantially all of our assets.”

STACYC sources its electric balance/bikes via contract manufacturers and assemblers in Taiwan and China, concentrating production in a geopolitically sensitive region (Taiwan) where disruption could halt finished-goods supply.

“STACYC purchases electric balance bikes and electric bikes through a contract manufacturing agreement from strategic partners and bike assemblers located in Taiwan and China.”

The U.S. and China have each imposed tariffs (with potential for broader trade barriers across China, Canada, Mexico, the EU), threatening LiveWire's costs for imported EV components/products and demand for its exports if it cannot pass through price increases.

“China and the United States have each imposed tariffs, indicating the potential for further trade barriers which may escalate a nascent trade war between China and the United States.”