{"iri":"https://folio.openlegalstandard.org/RDWopPyVcjBdC5nr5s8OBWz","label":"Material Business Change","sub_class_of":["https://folio.openlegalstandard.org/RQK2U69tYGz8WI47zMgaCP"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":["Fundamental Enterprise Modifications","Major Organizational Shifts","Substantial Corporate Alterations"],"translations":{},"hidden_label":null,"definition":"Material Business Changes refer to significant alterations in a company's structure, operations, or financial position that could substantially impact its value, performance, or risk profile. These changes are often substantial enough to require disclosure to shareholders and potentially regulatory bodies.","examples":["Adoption Of A New Business Model","Divestiture Of A Major Business Unit","Major Relocation Of Operations","Significant Change In Product Or Service Offerings","Significant Changes In Financial Structure Or Funding","Substantial Rebranding Or Corporate Identity Change","Substantial Shift In Target Market Or Customer Base"],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}