Company: SUND
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001641172-25-017143
Chunk: 35

Company: Sundance Strategies, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1
Chunk 35
---

stock market has occasionally experienced extreme price and volume fluctuations unrelated to particular companies’ operating performance.

We
are an emerging growth company and we cannot be certain if the reduced disclosure requirements applicable to emerging growth companies
will make our common stock less attractive to investors.

We
are an emerging growth company under the Jumpstart Our Business Startups Act of 2012, or the JOBS Act. For as long as we continue to
be an emerging growth company, we intend to take advantage of certain exemptions from various reporting requirements that are applicable
to other public companies including, but not limited to, reduced disclosure obligations regarding executive compensation in our periodic
reports and proxy statements, exemptions from the requirements of holding a nonbinding advisory stockholder vote on executive compensation
and any golden parachute payments not previously approved, exemption from the requirement of auditor attestation in the assessment of
our internal control over financial reporting and exemption from any requirement that may be adopted by the Public Company Accounting
Oversight Board. If we do, the information that we provide stockholders may be different than what is available with respect to other
public companies. We cannot predict if investors will find our common stock less attractive because we will rely on these exemptions.
If some investors find our common stock less attractive as a result, there may be a less active trading market for our common stock and
our stock price may be more volatile.

22

We
will remain an emerging growth company until the earliest of (1) the end of the fiscal year in which the market value of our common stock
that is held by non-affiliates exceeds $700 million as of the end of the second fiscal quarter, (2) the end of the fiscal year in which
we have total annual gross revenues of $1.235 billion or more during such fiscal year, (3) the date on which we issue more than $1 billion
in non-convertible debt in a three-year period or (4) the end of the fiscal year following the fifth anniversary of the date of the first
sale of our common stock pursuant to an effective registration statement filed under the Securities Act. Decreased disclosures in our
SEC filings due to our status as an “emerging growth company” may make it harder for investors to analyze our results of
operations and financial prospects.

Our
management and two stockholders beneficially own approximately 65% of our outstanding common stock and therefore can exert control over
our business.

Members
of our management team and three stockholders together beneficially own approximately