Company: SUND
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001641172-25-017143
Chunk: 37

Company: Sundance Strategies, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1
Chunk 37
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 for further information. Further, certain stockholders have “piggy-back”
registration rights afforded to them if we file a registration statement with the SEC; these shares or any registered securities we may
register can also have an adverse effect on any market for our common stock.

We
will not solicit the approval of our stockholders for the issuance of authorized but unissued shares of our common stock unless this
approval is deemed advisable by our Board of Directors or is required by applicable law, regulation or any applicable stock exchange
listing requirements. The issuance of additional shares would dilute the value of our outstanding shares of common stock.

Item
1B. Unresolved Staff Comments

None.

Item
1C. Cybersecurity

Risk
Management and Strategy

Management
is to perform a corporate risk assessment annually, which includes specific consideration and assessment of cybersecurity risk, proportional
to the size of the Company. Service providers must meet certain security requirements such as security incident or data breach notification
and response protocols, data encryption requirements, and data disposal commitments.

23

In
managing cybersecurity risk, we employ a defense-in-depth strategy and regularly monitor our cyber environment for potential new threats.
Our strategy includes employee training and awareness on cybersecurity risks and related best practices, required password complexity,
the use of multi-factor authentication, information security protocols, anti-virus and anti-ransomware software.

Governance

Our
Board of Directors provides oversight of our cybersecurity program through an annual risk review. On an annual basis, cybersecurity risk
and mitigation strategies are reviewed as part of management’s reporting to the Board of Directors, which includes reporting significant
business risks, including cybersecurity mitigation strategies employed to manage these risks, and a review of any emerging risks. Annually,
management is to provide an overview of our cybersecurity program to the Board of Directors, including a review of key strategies, emerging
risks, and a summary of key performance indicators. As of the date of this filing, we have not experienced any material cybersecurity
incidents.

Item
2. Properties

We
conduct our business through our executive office, located in Provo, Utah, with approximately 1,600 square feet of office space. We believe
that the lease to which we are subject is generally on terms consistent with prevailing market terms, and none of the leases are with
our affiliates. We believe that our facilities are in good condition and are adequate to meet our operating needs for the foreseeable
future.

Item
3. Legal Proceedings

To
the best of our knowledge, there