Company: NEOV
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001683168-25-007304
Chunk: 136

Company: NeoVolta Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1A
Chunk 136
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 business operations. As with many technological innovations, artificial intelligence presents risks
and challenges that could impact our business. We may adopt and integrate generative artificial intelligence tools into our systems for
specific use cases. Our vendors may incorporate generative artificial intelligence tools into their offerings without disclosing this
use to us, and the providers of these generative artificial intelligence tools may not meet existing or rapidly evolving regulatory or
industry standards with respect to privacy and data protection and may inhibit our or our vendors’ ability to maintain an adequate
level of service and experience. If we, our vendors, or our third-party partners experience an actual or perceived breach or privacy or
security incident because of the use of generative artificial intelligence, we may lose valuable intellectual property and confidential
information and our reputation and the public perception of the effectiveness of our security measures could be harmed. Further, bad actors
around the world use increasingly sophisticated methods, including the use of artificial intelligence, to engage in illegal activities
involving the theft and misuse of personal information, confidential information, and intellectual property. Any of these outcomes could
damage our reputation, result in the loss of valuable property and information, and adversely impact our business.

Risks Related to Our Securities

Nevada law and provisions in our articles
of incorporation and bylaws could make a takeover proposal more difficult.

We are a Nevada corporation
and the anti-takeover provisions of the Nevada Revised Statutes may discourage, delay or prevent a change in control by prohibiting us
from engaging in a business combination with an interested stockholder for a period of three years after the person becomes an interested
stockholder, even if a change in control would be beneficial to our existing stockholders. In addition, our articles of incorporation
and bylaws may discourage, delay or prevent a change in our management or control over us that stockholders may consider favorable. Our
articles of incorporation and bylaws:

·authorize the issuance of “blank check” preferred stock that could be issued by our board
of directors to thwart a takeover attempt;

·place restrictive requirements (including advance notification of stockholder nominations and proposals)
on how special meetings of stockholders may be called by our stockholders; do not provide stockholders with the ability to cumulate their
votes; and

·provide that our board of directors may amend our bylaws.

Additionally, our authorized
capital includes preferred stock issuable in one or more series. Our board has the authority to issue preferred stock and determine the
price, designation, rights, preferences