ITEM 1C. CYBERSECURITY

Since the closing of the Transfer Agreement, we have been a shell company with nominal operations and assets and our sole business activity has been to seek, investigate, and, if warranted, acquire an interest in a business opportunity. Therefore, we do not believe that we face significant cybersecurity risk.

We have not adopted any cybersecurity risk management program or formal processes for assessing cybersecurity risk. However, because we depend on the digital technologies of third-party IT service providers, we and third parties may be subject to attacks on or security breaches in our or their systems. Because of our reliance on the technologies of third parties, we also depend upon the personnel and the processes of third parties to protect against cybersecurity threats, and we have no personnel or processes of our own for this purpose. Our management is generally responsible for assessing and managing any cybersecurity threats. If and when any reportable cybersecurity incident arises, our management shall promptly report such matters to our Board of Directors for further actions, including regarding the appropriate disclosure, mitigation, or other response or actions that the Board of Directors deems appropriate to take.

We have not encountered any cybersecurity incidents since the closing of the Transfer Agreement.”