Item 2. Properties
ITEM 2. PROPERTIES
We currently maintain our principal executive
offices at 300/26 Dostyk Avenue, Almaty, 050020, Kazakhstan. The cost for this space is included in the $10,000 per-month administrative
fee our sponsor will charge us for general and administrative services, including office space, utilities and administrative support,
commencing on September 8, 2021, pursuant to a letter agreement between us and our sponsor. We believe, based on rents and fees for similar
services, that the administrative fee charged by our sponsor is at least as favorable as we could have obtained from an unaffiliated person.
We consider our current office space, combined with the other office space otherwise available to our executive officers, adequate for
our current operations.
ITEM 3. LEGAL PROCEEDINGS
There is no material litigation, arbitration or
governmental proceeding currently pending against us or any members of our management team.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.