Company: SYRA
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001493152-25-009873
Chunk: 179

Company: Syra Health Corp
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1
Chunk 179
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, including allegations of improper or illegal activity, poor contract performance,
    or information security breaches, regardless of accuracy, may adversely affect our reputation.

    ●
    Terms
    and conditions of government contracts also tend to be more onerous, are often more difficult to negotiate and involve additional
    costs.

    ●
    Government
    entities typically fund projects through appropriated monies. Any change in presidential administrations may affect budget priorities
    for our ongoing work.

    ●
    Government
    entities reserve the right to change the scope of or terminate projects at their convenience for lack of approved funding or other
    reasons, which could limit our recovery of reimbursable expenses or investments. In addition, government contracts may be protested,
    which could result in administrative procedures and litigation, result in delays in performance and payment, be expensive to defend
    and be incapable of prompt resolution.

The
occurrences or conditions described above could affect not only our business with the particular government entities involved, but also
our business with other entities of the same or other governmental bodies or with certain commercial clients and could have a material
adverse effect on our business, results of operations and financial condition.

We
may be a party to legal, regulatory and other proceedings that could result in unexpected adverse outcomes.

From
time to time, we may be a party to legal and regulatory proceedings and investigations, including matters involving governmental agencies
and entities with which we do business and other proceedings and investigations arising in the ordinary course of business. In addition,
there are an increasing number of, and we may be subject to, investigations and proceedings in the healthcare industry generally that
seek recovery under the HIPAA, Anti-Kickback Statute, the False Claims Act, the Civil Money Penalty, the Stark Law, the Sunshine Act,
state laws and other statutes and regulations applicable to our business. We also may be subject to legal proceedings under non-healthcare
federal, and state laws affecting our business, such as the Telephone Consumer Protection Act, Fair Debt Collection Practices Act, Fair
Credit Reporting Act, Controlling the Assault of Non-Solicited Pornography and Marketing Act, Junk Fax Prevention Act, Foreign Corrupt
Practices Act, employment, banking and financial services and USPS laws and regulations. Such proceedings are inherently unpredictable,
and the outcome can result in verdicts and/or injunctive relief that may affect how we operate our business or we may enter into settlements
of claims for monetary payments. In some cases, substantial non-economic remedies or punitive