Company: NEOV
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001683168-25-007304
Chunk: 88

Company: NeoVolta Inc.
Filing Date: 2025-09-29
Form: 10-K
Item: Item 1
Chunk 88
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 which could cause our stock price and trading volume to decline.

 19 

Claims for indemnification by our directors
and officers may reduce our available funds to satisfy successful third-party claims against us and may reduce the amount of money available
to us.

Our articles of incorporation
and bylaws contain provisions that eliminate, to the maximum extent permitted by the corporation law of the State of Nevada, the personal
liability of our directors and executive officers for monetary damages for breach of their fiduciary duties as a director or officer.
Our articles of incorporation and bylaws also provide that we will indemnify our directors and executive officers and may indemnify our
employees and other agents to the fullest extent permitted by the corporation law of the State of Nevada. Any claims for indemnification
made by our directors or officers could impact our cash resources and our ability to fund the business.

Shareholder activism could cause material
disruption to our business.

Publicly traded companies
have increasingly become subject to campaigns by activist investors advocating corporate actions such as actions related to environment,
social and governance (ESG) matters, among other issues. Responding to proxy contests and other actions by such activist investors or
others in the future could be costly and time-consuming, disrupt our operations and divert the attention of our Board of Directors and
senior management from the pursuit of our business strategies, which could adversely affect our results of operations and financial condition. 

ITEM 1B. UNRESOLVED STAFF COMMENTS

None.

ITEM 1C. CYBERSECURITY

Risk Management and Strategy

Due
to our small size, we have not established formal policies and procedures for assessing, identifying, and managing material risk from
cybersecurity threats. However, we monitor cybersecurity threats internally, including any potential unauthorized occurrence on or conducted
through our information systems that we use through third party providers that may result in adverse effects on the confidentiality, integrity,
or availability of our information systems or any information residing therein.

We
conduct annual risk assessments and perform as needed updates to our risks to identify cybersecurity threats, as well as assessments in
the event of a material change in our business practices that may affect information systems that are vulnerable to such cybersecurity
threats. We do not engage consultants, third parties and auditors in connection with our risk assessment processes.

As
of June 30, 2025, and through the date of the filing of this report, we are not aware of any cybersecurity incidents that have materially
affected or are