Company: LNAI
Filing Date: 2025-02-19
Form Type: 10-K/A
Source: 0001731122-25-000252
Chunk: 65

Company: Lunai Bioworks Inc.
Filing Date: 2025-02-19
Form: 10-K/A
Chunk 65
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, service providers,
consultants, advisors and other third parties. Renovaro Cube also enters into confidentiality and invention or patent assignment agreements
with its employees and consultants, and reminds departing employees when they leave their employment of their continuing confidentiality
obligations. Renovaro Cube cannot guarantee that it has entered into such agreements with each party that may have, or have had, access
to Renovaro Cube’s trade secrets or proprietary technology and processes. Despite Renovaro Cube’s efforts, any of these parties
may breach the agreements and disclose Renovaro Cube’s proprietary information, including Renovaro Cube’s trade secrets, and
Renovaro Cube may not be able to obtain adequate remedies for such breaches. Enforcing a claim that a party illegally disclosed or misappropriated
a trade secret is difficult, expensive, and time-consuming, and the outcome is unpredictable. Some courts outside The Netherlands
are less willing or unwilling to protect trade secrets. For example, in China, claims regarding infringement or misappropriation of trade
secrets are difficult to prove, and consequently plaintiffs are rarely successful in bringing these claims. If any of Renovaro Cube’s
trade secrets were to be lawfully obtained or independently developed by a competitor or other third party, Renovaro Cube would have no
right to prevent them from using that technology or information to compete with Renovaro Cube. If any of Renovaro Cube’s trade secrets
were to be misappropriated by, disclosed to, or independently developed by a competitor or other third party, Renovaro Cube’s competitive
position could be materially and adversely harmed.

Renovaro
Cube has and may enter into collaboration, license, contract research and/or manufacturing relationships with contract organizations that
operate in certain countries that are at heightened risk of theft of technology, data and intellectual property through direct intrusion by private parties or foreign actors, including those affiliated with or controlled by state actors. Accordingly, Renovaro Cube’s efforts to protect and enforce Renovaro Cube’s intellectual property rights around the world may be inadequate to obtain a significant commercial advantage from the intellectual property that Renovaro Cube develops or licenses, and Renovaro Cube may be at heightened risk of losing its proprietary intellectual property rights around the world, including outside of such countries, to the extent such theft or intrusion destroys the proprietary nature of its intellectual property.

We depend on our information technology and telecommunications systems and those of third parties, the failure or disruption of which could harm our business.

We depend
on information