Company: LNAI
Filing Date: 2025-02-19
Form Type: 10-K/A
Source: 0001731122-25-000252
Chunk: 83

Company: Lunai Bioworks Inc.
Filing Date: 2025-02-19
Form: 10-K/A
Chunk 83
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 by making it more difficult for
stockholders to replace members of our Board of Directors, who are responsible for appointing the members of our management.

In addition, because we are incorporated
in Delaware, we are governed by Section 203 of the Delaware General Corporation Law, which may discourage, delay or prevent someone from
acquiring us or merging with us whether or not it is desired by or beneficial to our stockholders. Under Delaware law, a corporation may
not, in general, engage in a business combination with any holder of 15% or more of its capital stock unless the holder has held the stock
for three years or, among other things, the Board of Directors has approved the transaction. Any term of our Certificate of Incorporation
or Bylaws or Delaware law that has the effect of delaying or deterring a change in control could limit the opportunity for our stockholders
to receive a premium for their shares of our Common Stock and could also affect the price that some investors are willing to pay for our
Common Stock.

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1B. Unresolved Staff Comments

Not applicable.

1C. Cybersecurity Risk Management and Strategy

Renovaro has established a comprehensive cybersecurity
risk management program aimed at safeguarding the confidentiality, integrity, and availability of our essential systems and information.
Central to our cybersecurity efforts is a robust incident response plan designed to address potential cyber incidents swiftly and effectively.

In designing and evaluating our cybersecurity initiatives,
we have adopted the National Institute of Standards and Technology Cybersecurity Framework (NIST CSF 2.0) as a guiding principle. It's
important to clarify that our use of the NIST CSF 2.0 is for guidance purposes to frame our risk identification, assessment, and management
processes and does not equate to compliance with any specific technical standards or requirements.

Our cybersecurity framework is seamlessly integrated
broader enterprise risk management strategy, sharing methodologies, reporting mechanisms, and governance structures with other risk domains
including legal, compliance, strategic, operational, and financial risks.

Key components of our cybersecurity risk management program
include:

| · | Conducting risk assessments to pinpoint material cybersecurity                                         
 threats to our critical systems, data, products, services, and overall IT infrastructure.              |
| · | A dedicated security team overseeing the risk assessment                                               
 processes, maintenance of security controls, and coordination of responses to cybersecurity incidents. |
| · | Engagement with external service providers to evaluate,                                                
 enhance, or support our security measures.