Company: SATT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001683168-25-002119
Chunk: 62

Company: SATIVUS TECH CORP.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 62
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 countries.
We are further enhancing this control by implementing ACL's (access lists) in our CRM and ERP systems and any other mission critical platform.
ALL platforms should have MFA enforced, any platform not supporting MFA in 2024 is deemed high-risk and immediately replaced as it is
obsolete and poses high-risk to the Company.

As
of the date of this report, no cybersecurity incident (or aggregation of incidents) or cybersecurity threat has materially affected our
results of operations or financial condition. However, an actual or perceived breach of our security could damage our reputation and
cause damage to our relationships, , as well as prevent us from attracting new clients / customers. and / or subject us to third-party
lawsuits, regulatory fines or other actions or liabilities, any of which could adversely affect our business, operating results or financial
condition. We currently do not carry a cyber liability insurance policy, but are evaluating whether to acquire one to mitigate any financial
impact of a cybersecurity breach. 

Item 2. Properties

None.

Item 3. Legal Proceedings

There are no legal proceedings involving the Company.

Item 4. Mine Safety Disclosures

Not applicable.

 3 

PART II

Item 5. Market for Registrant’s Common
Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

We have one class of securities, Common Voting
Equity Shares (“Common Stock”). The holders of our common stock have equal ratable rights to dividends from funds legally
available if and when declared by our Board of Directors and are entitled to share pro-rata in all of our available assets for distribution
to holders of common stock upon liquidation, dissolution or winding up of our affairs.

Our common stock is quoted on the NASDAQ OTC Bulletin
Board (“OTCBB”) under the symbol “SATT”. As of December 31, 2024, the Company’s common stock was held by
87 shareholders of record, which does not include shares that are held in street or nominee name.

On December 9, 2021, we implemented a 1-for-10
consolidation, or reverse split, of our issued and outstanding common shares. Except where otherwise indicated, all share and per share
data in this 10-K have been retroactively restated to reflect the reverse stock split.

The closing share prices presented below represent
prices between broker-dealers and do not include retail mark-ups and mark-downs or any commission to the dealer.

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