Item 1B. Unresolved Staff Comments
Item
1B. Unresolved Staff Comments.
As a smaller reporting company, we are not required
to provide the information required by this item.
Item
1C. Cybersecurity.
We
are a blank check company with no business operations. Since the IPO, our sole business activity has been identifying and evaluating
suitable acquisition transaction candidates. Therefore, we do not consider that we face significant cybersecurity risk and have not adopted
any cybersecurity risk management program or formal processes for assessing cybersecurity risk. We depend on the digital technologies
of third parties , and any sophisticated and deliberate attacks on, or security breaches in, systems or infrastructure or the cloud that
we utilize, including those of third parties, could lead to corruption or misappropriation of our assets, proprietary information and
sensitive or confidential data and could have a material adverse effect on our business, financial condition or reputation. 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. As an early-stage company without significant
investments in data security protection, we may not be sufficiently protected against such occurrences. We also lack sufficient resources
to adequately protect against, or to investigate and remediate any vulnerability to, cyber incidents. It is possible that any of these
occurrences, or a combination of them, could have material adverse consequences on our business and lead to financial loss.
Our
board of directors is generally responsible for the oversight of risks from cybersecurity threats, if there is any. Our management will
promptly report to the board of directors on incidents of material cybersecurity risks facing us and any third parties and the measures
that may be taken to mitigate such risks. As of the date of this Annual Report, we have not encountered any cybersecurity incidents that
have materially affected, or that we believe are reasonably likely to materially affect, us, including our business strategy, results
of operations or financial condition. We do, however, face risks from cybersecurity threats.
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