Company: LNAI
Filing Date: 2025-02-19
Form Type: 10-K/A
Source: 0001731122-25-000252
Chunk: 64

Company: Lunai Bioworks Inc.
Filing Date: 2025-02-19
Form: 10-K/A
Chunk 64
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 an attack or breach, for example, that resulted in the unauthorized access to or use or
disclosure of personal or health information, Renovaro Cube may have to notify physicians, patients, partners, collaborators, government
authorities and the media, and may be subject to investigations, civil penalties, administrative and enforcement actions and litigation,
any of which could harm Renovaro Cube’s business and reputation. Likewise, Renovaro Cube relies on its third-party research
institution collaborators and other third parties to conduct clinical validation, and similar events relating to their computer systems
could also have a material adverse effect on Renovaro Cube’s business. To the extent that any disruption or security breach were
to result in a loss of, or damage to, Renovaro Cube’s data or systems, or inappropriate or unauthorized access to or disclosure
or use of confidential, proprietary, or other sensitive, personal, or health information, Renovaro Cube could incur liability and suffer
reputational harm, and the development and commercialization of its products could be delayed.

Renovaro
Cube’s insurance policies may not be adequate to compensate it for the potential losses arising from such disruptions, failure,
or security breach. In addition, such insurance may not be available to Renovaro Cube in the future on economically reasonable terms,
or at all. Further, Renovaro Cube’s insurance may not cover all claims made against it and defending a suit, regardless of its merit,
could be costly, divert management attention and harm Renovaro Cube’s reputation.

If Renovaro Cube is unable to protect the confidentiality of its trade secrets, Renovaro Cube’s business and competitive position would be harmed.

Renovaro
Cube relies on trade secrets and confidentiality agreements to protect its know-how, technology, data and other proprietary information
and to maintain its competitive position. Trade secrets and know-how can be difficult to protect. Renovaro Cube expects its
trade secrets and know-how to, over time, be disseminated within the industry through independent development, the publication
of journal articles describing the methodology and the movement of personnel from academic to industry scientific positions.

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Renovaro
Cube seeks to protect these trade secrets and other proprietary technology, in part, by entering into non-disclosure and confidentiality
agreements with parties who have access to them, such as Renovaro Cube’s employees, directors, corporate collaborators, outside
scientific collaborators, contract research organizations (“CROs”), contract manufacturers, suppliers