Battery Future Acquisition Corp. 10-K Cybersecurity GRC - 2024-03-29

Page last updated on July 16, 2024

Battery Future Acquisition Corp. reported their cybersecurity risk management and governance process in a yearly 10-K filed on 2024-03-29 16:00:40 EDT.

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10-K filed on 2024-03-29

Battery Future Acquisition Corp. filed a 10-K at 2024-03-29 16:00:40 EDT
Accession Number: 0001929980-24-000073

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Item 1C. Cybersecurity.

ITEM 1C. CYBER SECURITY We are a blank check company with no business operations. Since our IPO, our sole business activity has been identifying and evaluating suitable target businesses for a business combination. Therefore, we do not consider that we face significant cybersecurity risk. Nevertheless, we employ various procedures designed to identify, protect, detect and respond to and manage reasonably foreseeable cybersecurity risks and threats given our limited operations. These include, but are not limited to, internal reporting, monitoring and detection tools and anti-virus software in. We also periodically assess risks from cybersecurity and technology threats and monitor our information systems for potential vulnerabilities, including those that could arise from internal sources and external sources such as third-party service providers we do business with. We may also consider in the future whether to engage an assessor(s), consultant(s), auditor(s) or other third party(s) to supplement our processes. To date, we have not experienced any cybersecurity attacks. However, any such attack could adversely affect our business. Further, a penetration of our systems or a third-party’s systems or other misappropriation or misuse of personal information could subject us to business, regulatory, litigation and reputation risk, which could have a negative effect on our business, financial condition and results of operations. The Audit Committee of the Board oversees our cybersecurity risk and receives regular reports from our management team on various potential cybersecurity matters, including areas of emerging risks, incidents and industry trends, and other areas of importance.

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