Company: KWIK
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002055
Chunk: 35

Company: KwikClick, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 35
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 future laws and regulations enacted by
federal, state, or non-U.S. governments or the inconsistent enforcement of such laws and regulations could impede the growth of e-commerce
or online marketplaces, which could have a negative impact on our business and operations. Examples include data localization requirements,
limitation on marketplace scope or ownership, intellectual property intermediary liability rules, regulation of online speech, limits
on network neutrality, and rules related to security, privacy, or national security, which may impede us, our users, or our vendors. We
could also face regulatory challenges or be subject to allegations of discriminatory or anti-competitive practices that could impede both
our and our sellers’ growth prospects, increase our costs, and harm our business. We may be subject to regulatory requests for information
or testimony related to regulatory challenges of third parties, such as our competitors or our vendors, which could cause us to incur
significant costs and expend significant resources in response and could impact our relationship with those third parties.

We strive to comply with all applicable laws, but
they may conflict with each other, and by complying with the laws or regulations of one jurisdiction, we may find that we are violating
the laws or regulations of another jurisdiction. Despite our efforts, we may not have fully complied in the past and may not fully comply
in the future, particularly where the applicable regulatory regimes have not been broadly interpreted. If we become liable under laws
or regulations applicable to us, we could be required to pay significant fines and penalties, our reputation may be harmed, and we may
be forced to change the way we operate. That could require us to incur significant expenses or to discontinue certain services, which
could negatively affect our business.

Additionally, if third parties with whom we work violate
applicable laws or our policies, those violations could result in other liabilities for us and could harm our business. Our ability to
rely on insurance, or indemnification and other contractual remedies to limit these liabilities, may be insufficient or unavailable in
some cases. Furthermore, the circumstances in which we may be held liable for the acts, omissions, or responsibilities of our sellers
is uncertain, complex, and evolving. For example, certain laws have recently been enacted seeking to hold marketplaces like ours responsible
for certain compliance obligations for which sellers have traditionally been responsible. If an increasing number of such laws are passed,
the resulting compliance costs and potential liability risk could negatively impact our business.

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We may be subject to intellectual property