Item 1. Legal Proceedings
ITEM
1. LEGAL PROCEEDINGS
From
time to time, we are involved in legal proceedings, claims, and litigation arising in the ordinary course of business, which may impact
our financial results.
As
of November 30, 2024, there were no pending legal proceedings. However, the outcome of any future legal matters, claims, or litigation
could potentially have a material adverse effect on our quarterly or annual operating results or cash flows when resolved in subsequent
periods. Nonetheless, based on current information, management believes these matters will not have a material adverse effect on our
consolidated financial position, results of operations, or cash flows.
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