Company: LNAI
Filing Date: 2025-02-19
Form Type: 10-Q/A
Source: 0001731122-25-000250
Chunk: 114

Company: Lunai Bioworks Inc.
Filing Date: 2025-02-19
Form: 10-Q/A
Chunk 114
---
 trademarks
and trade names in the future, which Renovaro Cube views as valuable to building name recognition among potential partners and customers
in its markets of interest. At times, competitors or other third parties have adopted or may adopt trade names or trademarks similar to
Renovaro Cube’s trade names and/or trademarks, thereby impeding its ability to build brand identity and possibly leading to market
confusion and/or litigation. In addition, there could be potential trade name or trademark infringement claims brought by owners of registered
trademarks or trademarks that incorporate variations of Renovaro Cube’s unregistered trademarks or trade names. Over the long term,
if Renovaro Cube is unable to establish name recognition based on its trademarks and trade names, then Renovaro Cube may not be able to
compete effectively and Renovaro Cube’s business may be adversely affected. Renovaro Cube’s efforts to enforce, protect or
defend its proprietary rights related to trademarks and trade names may be ineffective and could result in substantial costs and diversion
of resources and could adversely affect Renovaro Cube’s business, financial condition, results of operations and prospects.

Intellectual property litigation may lead to unfavorable publicity that harms Renovaro Cube’s reputation.

During
the course of any intellectual property litigation, there could be public announcements of the initiation of the litigation as well as
results of hearings, rulings on motions and other interim proceedings in the litigation. Such announcements could harm Renovaro Cube’s
reputation, the perceived value of Renovaro Cube’s intellectual property or the potential market for its products, which could have
a material adverse effect on its business.

<div align='center'>61</div>

Renovaro Cube’s success depends on its ability to develop and commercialize its technology without infringing, misappropriating, or otherwise violating the intellectual property of third parties. Third parties may initiate legal proceedings alleging that Renovaro Cube is infringing their intellectual property rights, and if they prevail, could block sales of Renovaro Cube’s products and force Renovaro Cube to make large damages and/or royalty payments, which could have a material adverse effect on the success of its business.

Renovaro
Cube’s commercial success in part depends upon its ability, and the ability of its collaborators, to market, sell and distribute
Renovaro Cube’s products and use Renovaro Cube’s proprietary technologies without infringing, misappropriating or otherwise
violating the proprietary rights of third parties. There is considerable intellectual property litigation in the