Achari Ventures Holdings Corp. I - (AVHI)
10-K Filing Date: March 29, 2024
ITEM 1C. CYBERSECURITY.
We are a SPAC with no business operations. Since our IPO, our sole business activity has been identifying and evaluating suitable acquisition transaction candidates. Therefore, we do not believe that we face significant cybersecurity risk and have not adopted any cybersecurity risk management program or formal processes for assessing cybersecurity risk, including with respect to the use of third-party service providers. Additionally, we do not engage assessors, consultants, auditors, or other third parties in connection with assessing or overseeing cybersecurity risks. Our board of directors is generally responsible for the oversight of risks from cybersecurity threats, if any. We have not encountered any cybersecurity incidents since our IPO and do not believe that cybersecurity threats are reasonably likely to have a material effect on our business strategy, results of operations or financial condition. Please see the risk factor entitled “Cybersecurity risks and cyber incidents could adversely affect our business by causing a disruption to our operations, a compromise or corruption of our confidential information and confidential information in our possession and/or damage to our business relationships, any of which could negatively impact our business, financial condition and operating results.” for further information.