Company: LNAI
Filing Date: 2025-02-19
Form Type: 10-Q/A
Source: 0001731122-25-000250
Chunk: 116

Company: Lunai Bioworks Inc.
Filing Date: 2025-02-19
Form: 10-Q/A
Chunk 116
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 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 built and seeks to further develop its own technology using the latest in AI and
machine learning, cloud-based technologies and other tools to differentiate Renovaro Cube’s products and technologies. In addition,
Renovaro Cube’s dedication to incorporating technological advancements into its AI platform requires significant financial and personnel
resources and talent. Renovaro Cube’s development efforts with respect to these initiatives could distract management from current
operations and could divert capital and other resources from other growth initiatives important to Renovaro Cube’s business. Renovaro
Cube operates in an industry experiencing rapid technological change and frequent product introductions. Renovaro Cube may not be able
to make technological improvements as quickly as demanded by its customers, or Renovaro Cube may not be able to accurately predict the
demand or growth of its technological investments, which could harm its ability to attract customers and