Company: LNAI
Filing Date: 2025-02-19
Form Type: 10-K/A
Source: 0001731122-25-000252
Chunk: 68

Company: Lunai Bioworks Inc.
Filing Date: 2025-02-19
Form: 10-K/A
Chunk 68
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 have a similar negative impact on Renovaro Cube’s business.

Even if
resolved in Renovaro Cube’s favor, litigation or other legal proceedings relating to intellectual property claims may cause Renovaro
Cube to incur significant expenses and could distract Renovaro Cube’s personnel from their normal responsibilities. Such litigation
or proceedings could substantially increase Renovaro Cube’s operating losses and reduce the resources available for development
activities or any future sales, marketing, or distribution activities. Renovaro Cube may not have sufficient financial or other resources
to conduct such litigation or proceedings adequately. Some of Renovaro Cube’s competitors may be able to sustain the costs of such
litigation or proceedings more effectively than Renovaro Cube can because of their greater financial resources and more mature and developed
intellectual property portfolios. Uncertainties resulting from the initiation and continuation of patent litigation or other proceedings
could have a material adverse effect on Renovaro Cube’s ability to compete in the market place.

Renovaro Cube’s use of open-source software could subject Renovaro Cube’s proprietary technology to unwanted open-source license conditions that could negatively impact its business.

A portion
of Renovaro Cube’s technology capabilities incorporates open-source software, and Renovaro Cube may incorporate open-source software
into other offerings or products in the future. If an author or other third party that distributed such open-source software
to Renovaro Cube were to allege that Renovaro Cube had not complied with the conditions of one or more of these licenses, Renovaro Cube
could be required to incur significant legal expenses defending against such allegations. Further, the outcome of such litigation may
be particularly uncertain in some cases, because there is little legal precedent governing the interpretation of certain terms of common
open source licenses. In addition, if Renovaro Cube combines its proprietary software with open-source software in a certain
manner and makes it available to others, under some open-source licenses, it could be required to license or make available
the source code of its proprietary software, which could substantially help its competitors develop products that are similar to or better
than Renovaro Cube’s and harm its business.

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The success and growth of Renovaro Cube’s business depends upon its ability to continuously innovate and develop new products and technologies.

Renovaro
Cube’s solution is a technology-driven platform that relies on innovation to remain competitive. The process of developing new technologies
and products is complex, and Renovaro Cube has