{"url_path":"/sec/bliv/10-k/2026/item-15","section_key":"item-15","section_title":"Item 15 CONTROLS AND PROCEDURES**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1982448/0001493152-26-023306-index.html","accession_number":"0001493152-26-023306","cik":"0001982448","ticker":"BLIV","issuer_name":"BeLive Holdings","edgar_url":"https://www.sec.gov/Archives/edgar/data/1982448/0001493152-26-023306-index.html","primary_entity_key":"0001982448","primary_entity_name":"BeLive Holdings"},"word_count":600,"has_tables":true,"body_markdown":"**ITEM\n15. CONTROLS AND PROCEDURES**\n\n \n\n**Evaluation\nof Disclosure Controls and Procedures**\n\n \n\nOur\nmanagement is responsible for establishing and maintaining a system of disclosure controls and procedures (as defined in Rule 13a-15(e)\nand 15d-15(e) under the Exchange Act) that is designed to ensure that information required to be disclosed by the Company in the reports\nthat the Company files or submits under the Exchange Act is recorded, processed, summarized and reported within the time periods specified\nin the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed\nto ensure that information required to be disclosed by an issuer in the reports that it files or submits under the Exchange Act is accumulated\nand communicated to the issuer’s management, including its principal executive officer or officers and principal financial officer\nor officers, or persons performing similar functions, as appropriate to allow timely decisions regarding required disclosure.\n\n \n\nAs\nof the end of the period covered by this Annual Report, our Chief Executive Officer and Chief Financial Officer (the “Certifying\nOfficers”), conducted an evaluation of our disclosure controls and procedures. Based on this evaluation, the Certifying\nOfficers concluded that our disclosure controls and procedures were effective to ensure that material information is recorded, processed,\nsummarized and reported by our management on a timely basis in order to comply with our disclosure obligations under the Exchange Act\nand the rules and regulations promulgated thereunder.\n\n \n\n**Management’s\nReport on Internal Control over Financial Reporting**\n\n \n\nManagement\nis responsible for establishing and maintaining adequate internal control over financial reporting (as defined in Exchange Act Rule 13a-15(f)).\nInternal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial\nreporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted\nin the United States of America. Because of its inherent limitations, internal control over financial reporting may not prevent or detect\nmisstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become\ninadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. Under\nthe supervision and with the participation of management, including the Chief Executive Officer and Chief Financial Officer, the Company\nconducted an evaluation of the effectiveness of the Company’s internal control over financial reporting as of December 31, 2025\nusing the criteria established in “Internal Control - Integrated Framework” issued by the Committee of Sponsoring Organizations\nof the Treadway Commission (“COSO”).\n\n \n\nA\nmaterial weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a\nreasonable possibility that a material misstatement of the Company’s annual or interim financial statements will not be prevented\nor detected on a timely basis. In its assessment of the effectiveness of internal control over financial reporting as of December 31,\n2025, the Company determined that our internal control over financial reporting was effective.\n\n \n\nThis\nAnnual Report does not include an attestation report of our registered public accounting firm regarding internal control over financial\nreporting. Management’s report was not subject to attestation by the Company’s registered public accounting firm pursuant\nto the exemption provided to issuers that are not “large accelerated filers” nor “accelerated filers” under the\nDodd-Frank Wall Street Reform and Consumer Protection Act.\n\n \n\n**Changes\nin Internal Control over Financial Reporting**\n\n \n\nDuring\nthe fiscal year ended December 31, 2025, there was no change in the Company’s internal control over financial reporting that has\nmaterially affected, or is reasonably likely to materially affect, the Company’s internal control over financial reporting.\n\n \n\n104"}