Company: RIVF
Filing Date: 2025-10-15
Form Type: 10-K
Source: 0001493152-25-018109
Chunk: 451

Company: Rivulet Entertainment, Inc.
Filing Date: 2025-10-15
Form: 10-K
Item: Item 7A
Chunk 451
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, 2025 through
the date these consolidated financial statements were issued. Other than the below, there are no subsequent events identified
that would require disclosure in these consolidated financial statements.

Film
Rights Sale

Subsequent
to June 30, 2025, the Company collected the remaining $2.0 million of accounts receivable related to film sale that occurred during the
twelve months ended June 30, 2025.

Debt
Payments

Payments
on various notes payable of approximately $2.0 million were repaid subsequent to June 30, 2025.

Debt
Issuance

Subsequent
to June 30, 2025, the Company issued approximately $0.7 million of notes payable bearing interest at rates of 10% to 15%.

F-19

ITEM
9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

Not
applicable.

ITEM
9A. CONTROLS AND PROCEDURES.

Evaluation
of Disclosure Controls and Procedures

Our
management, with the participation of our chief executive officer evaluated the effectiveness of our disclosure controls and procedures
as defined in Rules 13a-15(e) and 15d-15(e) and pursuant to Rules 13a-15(b) and 15d-15(b) under the Securities Exchange Act of 1934,
as amended (the “Exchange Act”) as of June 30, 2025. Disclosure controls and procedures are controls and procedures that
are designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act, such as this
Form 10-K, is recorded, processed, summarized and reported, within the time period specified in the SEC’s rules and forms, and
that such information is accumulated and is communicated to our management, including our principal executive and principal financial
officers, or persons performing similar functions, as appropriate, to allow timely decisions regarding required disclosure. In designing
and evaluating the disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed
and operated, can provide only reasonable assurance of achieving the desired control objectives. In addition, the design of disclosure
controls and procedures must reflect the fact that there are resource constraints and that management is required to apply its judgment
in evaluating the benefits of possible controls and procedures relative to their costs.

Based
on our review and evaluation, our chief executive officer concluded that our disclosure