Company: ZNOG
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001437749-25-009623
Chunk: 1071

Company: ZION OIL & GAS INC
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 1071
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 international political events can be expected to affect the price of our common stock. In addition, the stock market in general has experienced extreme price and volume fluctuations that have affected the market price for many companies, sometimes unrelated to the operating performance of these companies. These market fluctuations, as well as general economic, political and market conditions, may have a material adverse effect on the market price of our common stock.

Some of the factors that could negatively affect our share price or result in fluctuations in the price or trading volume of our common stock include:

      ● 
      actual or anticipated quarterly variations in our operating results, 

      ● 
      the lack or the delay in obtaining necessary regulatory approvals, 

      ● 
      changes in expectations as to our future financial performance or changes in financial estimates, if any, 

      ● 
      announcements relating to our business or the business of our competitors, 

      ● 
      conditions generally affecting the oil and natural gas industry, particularly in Israel, 

      ● 
      the success of our operating strategy, 

      ● 
      the operating and stock performance of other comparable companies, and 

      ● 
      The continued listing of our stock on a recognized stock exchange 

Many of these factors are beyond our control, and we cannot predict their potential effect on the price of our common stock.

      22

ITEM 1B. UNRESOLVED STAFF COMMENTS

Not Applicable.

ITEM 1C. CYBER SECURITY

   Risk management and strategy
    
   We assess material risks from cyber security threats on an ongoing basis, including any potential unauthorized occurrence on or conducted through our information systems that may result in adverse effects on the confidentiality, integrity, or availability of our information systems or any information residing therein. As our Company grows, we plan to develop a more robust and detailed strategy for cyber security in alignment with nationally accepted standards.

   Governance
    
   Our management and the Board recognize the critical importance of maintaining the trust and confidence of our business partners and employees, including the importance of managing cyber security risks as part of our larger risk management program. While all of our personnel play a part in managing cyber security risks, one of the key functions of our Board is informed oversight of our risk management process, including risks from cyber security threats. Our Board is responsible for monitoring and assessing strategic risk exposure, and our executive officers are responsible for the day-to-day management of the material risks that we face. In general, we seek to address cyber security risks through a cross-functional approach that is