{"url_path":"/sec/cik-0002088626/10-q/2026/item-4","section_key":"item-4","section_title":"Item 4 Controls and Procedures**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-06-26","source_url":"https://www.sec.gov/Archives/edgar/data/2088626/0001493152-26-030307-index.html","accession_number":"0001493152-26-030307","cik":"0002088626","ticker":null,"issuer_name":"Peace Acquisition Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2088626/0001493152-26-030307-index.html","primary_entity_key":"0002088626","primary_entity_name":"Peace Acquisition Corp."},"word_count":410,"has_tables":true,"body_markdown":"**Item\n4 – Controls and Procedures**\n\n \n\n**Evaluation\nof Disclosure Controls and Procedures**\n\n \n\nDisclosure\ncontrols and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our\nreports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in\nthe SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to\nensure that information required to be disclosed in our reports filed or submitted under the Exchange Act is accumulated and communicated\nto our management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.\n\n \n\nAs\nrequired by Rules 13a-15 and 15d-15 under the Exchange Act, our Chief Executive Officer and Chief Financial Officer carried out an evaluation\nof the effectiveness of the design and operation of our disclosure controls and procedures as of March 31, 2026. Based upon their evaluation,\nour Chief Executive Officer and Chief Financial Officer concluded that during the period covered by this report, our disclosure controls\nand procedures (as defined in Rules 13a-15 (e) and 15d-15 (e) under the Exchange Act) were not effective due solely to the material weakness in our internal control over financial reporting related to\nthe Company’s lack of qualified SEC reporting professional. As a result, we performed additional analysis as deemed necessary to\nensure that our financial statements were prepared in accordance with US GAAP. Accordingly, management believes that the financial statements\nincluded in this Form 10-Q present fairly, in all material respects, our financial position, result of operations and cash flows for the\nperiods presented. Management intends to continue implement remediation steps to improve our disclosure controls and procedures and our\ninternal control over financial reporting. Specifically, we intend to expand and improve our review process for complex securities and\nrelated accounting standards. We have improved this process by enhancing access to accounting literature, identification of third-party\nprofessionals with whom to consult regarding complex accounting applications and consideration of additional staff with the requisite\nexperience and training to supplement existing accounting professionals.\n\n \n\n**Changes\nin Internal Control over Financial Reporting**\n\n \n\nThere\nwere no changes in our internal control over financial reporting (as such term is defined in Rules 13a-15(f) and 15d-15(f) of the Exchange\nAct) during the most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal\ncontrol over financial reporting.\n\n \n\n16\n\n \n\n \n\n**Part\nII - Other Information**"}