Company: MBIO
Filing Date: 2025-04-01
Form Type: 424B3
Source: 0001104659-25-030657
Chunk: 102

Company: MUSTANG BIO, INC.
Filing Date: 2025-04-01
Form: 424B3
Chunk 102
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 service interruptions,
system malfunctions, natural disasters, terrorism, war, and telecommunication and electrical failures, as well as security breaches from
inadvertent or intentional actions by our employees, contractors, consultants, business partners, and/or other third parties, or from
cyber-attacks by malicious third parties (including the deployment of harmful malware, ransomware, denial-of-service attacks, social engineering
and other means to affect service reliability and threaten the confidentiality, integrity and availability of information), each of which
could compromise our system infrastructure or lead to the loss, destruction, alteration, disclosure, or dissemination of, or damage or
unauthorized access to, our data or data that is processed or maintained on our behalf, or other assets.

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If such an event were
to occur and cause interruptions in our operations, it could result in a material disruption of our development programs and our business
operations, and could result in financial, legal, business, and reputational harm to us.

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In addition, the loss
or corruption of, or other damage to, clinical trial data from completed or future clinical trials could result in delays in our regulatory
approval efforts and significantly increase our costs to recover or reproduce the data. Likewise, we rely on third parties for the manufacture
of our drug candidates or any future drug candidates and to conduct clinical trials, and similar events relating to their systems and
operations could also have a material adverse effect on our business and lead to regulatory agency actions. The risk of a security breach
or disruption, particularly through cyber-attacks or cyber intrusion, including by computer hackers, foreign governments, and cyber terrorists,
has generally increased as the number, intensity, and sophistication of attempted attacks and intrusions from around the world have increased.
Sophisticated cyber attackers (including foreign adversaries engaged in industrial espionage) are skilled at adapting to existing security
technology and developing new methods of gaining access to organizations’ sensitive business data, which could result in the loss
of proprietary information, including trade secrets. We may not be able to anticipate all types of security threats, and we may not be
able to implement preventive measures effective against all such security threats. The techniques used by cyber criminals change frequently,
may not be recognized until launched, and can originate from a wide variety of sources, including outside groups such as external service
providers, organized crime affiliates, terrorist organizations, or hostile foreign governments or agencies.

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Any security breach
or other event leading to the loss or damage to, or unauthorized access, use, alteration,