Common use of Internal Controls; Listing; Financial Statements Clause in Contracts

Internal Controls; Listing; Financial Statements. (a) Except as is not required in reliance on exemptions from various reporting requirements by virtue of OmniLit’s status as an “emerging growth company” within the meaning of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (“JOBS Act”), OmniLit has established and maintains disclosure controls and procedures (as defined in Rule 13a-15 under the Exchange Act). Such disclosure controls and procedures are designed to ensure that material information relating to OmniLit is made known to OmniLit’s principal executive officer and its principal financial officer by others within those entities, particularly during the periods in which the periodic reports required under the Exchange Act are being prepared. To OmniLit’s knowledge, such disclosure controls and procedures are effective in timely alerting OmniLit’s principal executive officer and principal financial officer to material information required to be included in OmniLit’s periodic reports required under the Exchange Act. Since November 8, 2021, OmniLit has established and maintained a system of internal controls over financial reporting (as defined in Rule 13a-15 under the Exchange Act) sufficient to provide reasonable assurance regarding the reliability of OmniLit’s financial reporting and the preparation of OmniLit Financial Statements for external purposes in accordance with GAAP.

Internal Controls; Listing; Financial Statements. (a) Except as is not required in reliance on exemptions from various reporting requirements by virtue of OmniLitSPAC’s status as an “emerging growth company” within the meaning of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (“JOBS Act”), OmniLit SPAC has established and maintains disclosure controls and procedures (as defined in Rule 13a-15 13a‑15 under the Exchange Act). Such disclosure controls and procedures are designed to ensure that material information relating to OmniLit SPAC, including its consolidated Subsidiaries, if any, is made known to OmniLitSPAC’s principal executive officer and its principal financial officer by others within those entities, particularly during the periods in which the periodic reports required under the Exchange Act are being prepared. To OmniLit’s knowledge, such Such disclosure controls and procedures are effective in timely alerting OmniLitSPAC’s principal executive officer and principal financial officer to material information required to be included in OmniLitSPAC’s periodic reports required under the Exchange Act. Since November 8March 10, 2021, OmniLit SPAC has established and maintained a system of internal controls over financial reporting (as defined in Rule 13a-15 13a‑15 under the Exchange Act) sufficient to provide reasonable assurance regarding the reliability of OmniLitSPAC’s financial reporting and the preparation of OmniLit SPAC Financial Statements for external purposes in accordance with GAAP.

Internal Controls; Listing; Financial Statements. (a) Except as is not required in reliance on exemptions from various reporting requirements by virtue of OmniLitSPAC’s status as an “emerging growth company” within the meaning of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (“JOBS Act”), OmniLit SPAC has established and maintains disclosure controls and procedures (as defined in Rule 13a-15 under the Exchange Act). Such disclosure controls and procedures are designed to ensure that material information relating to OmniLit SPAC, including its consolidated Subsidiaries, if any, is made known to OmniLitSPAC’s principal executive officer and its principal financial officer by others within those entities, particularly during the periods in which the periodic reports required under the Exchange Act are being prepared. To OmniLit’s knowledge, such Such disclosure controls and procedures are effective in timely alerting OmniLitSPAC’s principal executive officer and principal financial officer to material information required to be included in OmniLitSPAC’s periodic reports required under the Exchange Act. Since November 8July 16, 20212019, OmniLit SPAC has established and maintained a system of internal controls over financial reporting (as defined in Rule 13a-15 under the Exchange Act) sufficient to provide reasonable assurance regarding the reliability of OmniLitSPAC’s financial reporting and the preparation of OmniLit SPAC Financial Statements for external purposes in accordance with GAAP.

Internal Controls; Listing; Financial Statements. (a) Except as is not required in reliance on exemptions from various reporting requirements by virtue of OmniLitSPAC’s status as an “emerging growth company” within the meaning of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (“JOBS Act”), OmniLit SPAC has established and maintains disclosure controls and procedures (as defined in Rule 13a-15 under the Exchange Act). Such disclosure controls and procedures are designed to ensure that material information relating to OmniLit SPAC, including its consolidated Subsidiaries, if any, is made known to OmniLitSPAC’s principal executive officer and its principal financial officer by others within those entities, particularly during the periods in which the periodic reports required under the Exchange Act are being prepared. To OmniLit’s knowledge, such Such disclosure controls and procedures are effective in timely alerting OmniLitSPAC’s principal executive officer and principal financial officer to material information required to be included in OmniLitSPAC’s periodic reports required under the Exchange Act. Since November 8September 10, 20212020, OmniLit SPAC has established and maintained a system of internal controls over financial reporting (as defined in Rule 13a-15 under the Exchange Act) sufficient to provide reasonable assurance regarding the reliability of OmniLitSPAC’s financial reporting and the preparation of OmniLit SPAC Financial Statements for external purposes in accordance with GAAP.