{"url_path":"/sec/sund/10-k/2026/item-9a","section_key":"item-9a","section_title":"Item 9A Controls and Procedures**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-29","source_url":"https://www.sec.gov/Archives/edgar/data/1171838/0001493152-26-031046-index.html","accession_number":"0001493152-26-031046","cik":"0001171838","ticker":"SUND","issuer_name":"Sundance Strategies, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1171838/0001493152-26-031046-index.html","primary_entity_key":"0001171838","primary_entity_name":"Sundance Strategies, Inc."},"word_count":808,"has_tables":true,"body_markdown":"**Item\n9A. Controls and Procedures**\n\n \n\n(a)\nDisclosure Controls and Procedures\n\n \n\nWe\nmaintain disclosure controls and procedures, as such term is defined in Rules 13a-15I and 15d-15(e) of the Securities Exchange Act of\n1934 (the “Exchange Act”), that are designed to ensure that information required to be disclosed in the reports filed or\nsubmitted under the Exchange Act, is recorded, processed, summarized, and reported within the time periods specified by the Commission’s\nrules and forms.\n\n \n\nWe\ncarried out an evaluation, under the supervision and with the participation of our management, including our principal executive officer\nand principal financial officer, of the effectiveness of the design and operation of these disclosure controls and procedures, as such\nterm is defined in Exchange Act Rule 13a-15(e), as of March 31, 2026. Based on this evaluation, our principal executive officer and principal\nfinancial officer concluded our disclosure controls and procedures were not effective as of March 31, 2026, the end of the period covered\nby this Annual Report on Form 10-K due to the material weakness described below.\n\n \n\n(b)\nManagement’s Report on Internal Control over Financial Reporting\n\n \n\nManagement\nof the Company is responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules\n13a-15(f) and 15d-15(f) under the Exchange Act.\n\n \n\nInternal\ncontrol over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting\nand the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. Because\nof its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of\nany evaluation of effectiveness of internal control over financial reporting to future periods are subject to the risk that controls\nmay become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.\n\n \n\nOur\ninternal control over financial reporting is designed to provide reasonable assurance of achieving its objectives as specified above.\nManagement does not expect, however, that our internal control over financial reporting will prevent or detect all error and fraud. Any\ncontrol system, no matter how well designed and operated, is based upon certain assumptions and can provide only reasonable, not absolute,\nassurance that its objectives will be met. Further, no evaluation of controls can provide absolute assurance that misstatements due to\nerror or fraud will not occur or that all control issues and instances of fraud, if any, within the Company have been detected.\n\n \n\nManagement,\nincluding our principal executive officer and principal financial officer, has assessed the effectiveness of our internal control over\nfinancial reporting as of March 31, 2026. In making our assessment of the effectiveness of internal control over financial reporting,\nmanagement used the criteria set forth in Internal Control—Integrated Framework (2013) issued by the Committee of Sponsoring Organizations\nof the Treadway Commission (“COSO”). Based on this assessment, management has concluded that, as of March 31, 2026, our internal\ncontrol over financial reporting was not effective due to the material weakness described below.\n\n \n\n(c)\nMaterial Weaknesses\n\n \n\nAs\ndefined in SEC Regulation S-X, a material weakness is a deficiency, or combination of deficiencies, in internal control over financial\nreporting, such that there is a reasonable possibility that a material misstatement of the Company’s annual or interim financial\nstatements will not be prevented or detected on a timely basis. Management determined that the following material weaknesses existed\nas of March 31, 2026: The design and operating effectiveness of our control environment and risk assessment, control activities and monitoring\nactivities were inadequate to ensure that complex accounting matters relating to the valuation of equity-based compensation instruments\nare always properly accounted for and reviewed in a timely manner.\n\n \n\nOur\nprincipal executive and principal financial officer is in the process of performing a review of our processes and controls over complex\naccounting matters relating to the valuation of equity-based compensation instruments.\n\n \n\n30\n\n \n\n \n\nNotwithstanding\nthe identified material weakness, the Company believes the financial statements included in this Annual Report on Form 10-K fairly represent\nin all material respects our financial condition, results of operations and cash flows at and for the periods presented in accordance\nwith accounting principles generally accepted in the United States of America.\n\n \n\nThis\nAnnual Report does not include an attestation report of our registered public accounting firm regarding our internal controls over financial\nreporting. Management’s report was not subject to attestation by our registered public accounting firm pursuant to rules of the\nSEC that permit us to provide only management’s report in this Annual Report.\n\n \n\n(d)\nChanges in Internal Control Over Financial Reporting\n\n \n\nOther\nthan described above in Item 9A. Controls and Procedures, there were no changes in our internal control over financial reporting that\noccurred during the fourth quarter of the year ended March 31, 2026, that have materially affected, or are reasonably likely to materially\naffect, our internal control over financial reporting."}