Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 149

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 149
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 may also experience security breaches that may remain undetected for an extended period. Even if identified, we may be unable
to adequately investigate or remediate incidents or breaches due to attackers increasingly using tools and techniques that are designed
to circumvent controls, to avoid detection, and to remove or obfuscate forensic evidence.

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We and certain
of our service providers may be, from time to time, subject to cyberattacks and security incidents. While we do not believe that we have
experienced any significant system failure, accident or security breach to date, if such an event were to occur and cause interruptions
in our operations or result in the unauthorized acquisition of, or access to, personally identifiable information or individually identifiable
health information, it could result in a material disruption of our development programs and our business operations, whether due to a
loss of our trade secrets or other similar disruptions. Some of the federal, state and foreign government requirements include obligations
of companies to notify individuals of security breaches involving particular personally identifiable information, which could result from
breaches experienced by us or by our vendors, contractors or organizations with which we have formed strategic relationships. Notifications
and follow-up actions related to a security breach could impact our reputation, cause us to incur significant costs, including legal expenses
and remediation costs. For example, the loss of clinical study data from completed or future clinical studies could result in delays in
our regulatory approval or certification efforts and significantly increase our costs to recover or reproduce the lost data. We also rely
on third parties to manufacture our product candidates, and similar events relating to their computer systems could also have a material
adverse effect on our business. To the extent that any disruption or security breach were to result in a loss of, or damage to, our data,
or inappropriate disclosure of confidential or proprietary information, we could be exposed to litigation and governmental investigations,
the further development and commercialization of our product candidates could be delayed, and we could be subject to significant fines
or penalties for any noncompliance with certain state, federal and/or international privacy and security laws.

Our insurance
policies may not be adequate to compensate us for the potential losses arising from any such disruption, failure or security breach. In
addition, such insurance may not be available to us in the future on economically reasonable terms, or at all. Further, our insurance
may not cover all claims made against us and could have high deductibles in any event, and defending a suit, regardless of its merit