Latch, Inc.

Item 1. Business Unless the context otherwise requires, references in this subsection to “we,” “our,” “Latch,” “DOOR” and the “Company” refer to the business and operations of Latch, Inc. and its consolidated subsidiaries. Overview Latch is a technology company delivering an integrated ecosystem of hardware, software and services designed to enhance operations and experiences within buildings, primarily serving the multifamily rental market. In August 2025, we rebranded as DOOR, although our legal name remains Latch, Inc. Our core offering is built around a proprietary, cloud-based software-as-a-service (“SaaS”) platform (the “DOOR Platform”) that powers and manages our suite of smart…

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Item 1A. Risk Factors The following is a summary of the risks and uncertainties that could materially adversely affect our business, financial condition and results of operations. We encourage you to carefully review the full risk factors contained below in their entirety for additional information regarding these risks and uncertainties. Risks Related to the Restatement, Internal Controls and Related Matters •We are subject to an ongoing investigation by the SEC and may be named in future governmental or other regulatory investigations and proceedings. •Because our securities are traded on the OTCID Market, there is a minimal public market for our securities, which negatively affects the…

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