Item 4. Controls and Procedures
Item 4. Controls and Procedures.
Evaluation of Disclosure Controls and Procedures
The Company’s management has evaluated the effectiveness
of the design and operation of the Company’s disclosure controls and procedures (as defined in Rule 13a-15(e) under the Exchange
Act) as of August 31, 2024. Based on this evaluation, the principal executive officer and the principal accounting officer concluded that
these disclosure controls and procedures were not effective as of such date, at a reasonable level of assurance, in ensuring that the
information required to be disclosed by the Company in the reports that it files or submits under the Exchange Act is: (i) accumulated
and communicated to management (including its principal executive officer and principal accounting officer) in a timely manner and (ii)
recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms.
Changes in Internal Control Over Financial Reporting
There were no changes in internal control over financial
reporting during the three months ended August 31, 2024, that have materially affected, or are reasonably likely to materially affect,
the Company’s internal control over financial reporting.
21
PART II – OTHER INFORMATION
Item 1. Legal Proceedings.
None.
Item 1A. Risk Factors.
The Company is a smaller reporting company as defined
by Rule 12b-2 promulgated under the Securities Exchange Act of 1934 (the “Exchange Act”) and accordingly is not required to
provide information under this item.
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.