Company: SUND
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001641172-25-017143
Chunk: 9

Company: Sundance Strategies, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1
Chunk 9
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 can result in a delay or a loss of an insurance benefit that would have a negative effect on revenues and prospects.

    ●
    U.S.
    life settlement and viatical regulations may result in determination(s) of applicable law violations.

    ●
    State
    protections for the insolvency of an insurance company are limited.

    ●
    Liability
    for failing to comply with U.S. privacy safeguards.

    ●
    Cyber-attacks
    or other security breaches could have a material adverse effect on our business.

    ●
    U.S.
    privacy concerns may affect the access to accurate and current medical information regarding the insured under life insurance policies.

Risk
Factors Related to Our Common Stock

    ●
    There
    is a limited public market for our common stock, and any market that may develop could be volatile.

    ●
    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.

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

    ●
    Future
    sales of our common stock could adversely affect our stock price and our ability to raise capital in the future, resulting in our
    inability to raise required funding for our operations.

8

Risk
Factors relating to Our Business

We
have historically used significant amounts of cash in operating activities since our inception and may continue to use significant amounts
of cash for operating activities in the foreseeable future.

We
have historically used substantial amounts of cash in operating activities. To date, our operations have not generated sufficient cash
flow to fund our operations, and we have relied on cash provided by financing activities, including amounts received under notes payable
and lines-of-credit with related parties. Our default under these obligations may also limit our ability to obtain future financing from
related or third parties.

Our
inability to access capital may limit our ability to adequately fund our operations. In order to continue to fund our operations, including
the potential purchase of NIBs, we will need to raise substantial amounts of capital. Absent additional financing, we will not have the
resources to execute our business plan.

We
may not be able to secure additional financing on favorable terms, or at all, to meet our future capital needs and our failure to obtain
additional financing when needed could force us to delay