RISK DISCLOSURE STATEMENT
Effective Date: January 1, 2026
THIS DISCLOSURE IS INCORPORATED BY REFERENCE INTO THE COMPANY’S TERMS OF SERVICE AND SHALL BE READ IN CONJUNCTION THEREWITH.
BY ACCESSING OR USING THE PLATFORM, YOU ACKNOWLEDGE THAT YOU HAVE CAREFULLY REVIEWED THIS DISCLOSURE AND UNDERSTAND THE RISKS ASSOCIATED WITH ANY INVESTMENT ACTIVITY.
1. PURPOSE AND REGULATORY POSITION
This Disclosure is provided for informational and compliance purposes in accordance with applicable
Florida law, U.S. federal securities principles, and general risk disclosure standards.
The Company operates as a facilitator, introducer, and strategic intermediary and does not act as:
1. A registered investment adviser;
2. A broker-dealer (unless expressly stated in a separate written agreement);
3. A fiduciary (except where explicitly agreed in writing);
4. A custodian of investor funds.
Nothing contained on the Platform constitutes an offer to sell, solicitation of an offer to buy, or
recommendation of any security within the meaning of applicable securities laws. Any such offering
shall be made solely pursuant to definitive offering documents, if any.
2. NO IMPLIED RELATIONSHIP
3. NO OFFER OR SOLICITATION
4. RISK DISCLOSURE
Certain opportunities may be available only to accredited investors or financially sophisticated persons.
The Company makes no representation that any User meets such qualifications.
5. GENERAL INVESTMENT RISK
ALL INVESTMENTS INVOLVE A HIGH DEGREE OF RISK.
You acknowledge and agree that:
1. You may lose all or a substantial portion of your capital
2. Returns are not guaranteed, assured, or implied;
3. Past performance is not indicative of future results;
4. Market conditions are volatile and unpredictable.
You should not invest funds you cannot afford to lose.
6. NO RELIANCE AND INDEPENDENT DECISION-MAKING
All decisions made by you are solely at your own risk.
You expressly acknowledge that:
1. You have conducted, or will conduct, your own independent due diligence;
2. You are not relying on the Company for legal, tax, financial, or investment advice;
3. You have consulted with your own professional advisors where necessary.
THE COMPANY SHALL HAVE NO LIABILITY FOR ANY DECISION MADE BASED ON
PLATFORM CONTENT OR INTRODUCTIONS.
You further represent that no statements, representations, or warranties other than those expressly set
forth in a definitive written agreement have been relied upon in making any investment decision.
7. ROLE LIMITATION AND THIRD-PARTY RISK
1. The Company does not control or manage Third Parties;
2. The Company does not verify or guarantee the accuracy, legitimacy, or performance of Third Parties;
3. Any agreement entered into with a Third Party is solely between you and such Third Party.
THE COMPANY DISCLAIMS ALL LIABILITY ARISING FROM THIRD-PARTY ACTIONS,
OMISSIONS, OR FAILURES.
8. NO DUE DILIGENCE OBLIGATION
The Company has no obligation to conduct, and may not have conducted, any independent
investigation or due diligence regarding any Third Party or opportunity
9. LIQUIDITY AND LOCK-UP RISK
1. Be illiquid or non-transferable;
2. Require extended holding periods;
3. Be subject to lock-up restrictions or exit limitations.
You may be unable to access or withdraw your capital when desired.
10. MARKET, ECONOMIC, AND SYSTEMIC RISK
Investment performance may be adversely affected by:
1. Global or regional economic conditions;
2. Interest rate fluctuations;
3. Inflation or currency volatility;
4. Political instability or regulatory changes; or
5. Market downturns or systemic financial crises.
Such factors are beyond the control of the Company.
11. OPERATIONAL AND COUNTERPARTY RISK
Risks may arise from:
1. Failure of counterparties to perform;
2. Operational breakdowns in systems or processes;
3. Errors, delays, or miscommunications;
4. Insolvency of third-party entities.
The Company does not guarantee the operational integrity of third-party systems.
12. REGULATORY AND LEGAL RISK
Investments may be subject to:
1. Changes in laws, regulations, or tax treatment;
2. Governmental enforcement actions;
3. Licensing or compliance issues affecting third parties.
Such changes may materially impact investment outcomes.
13. CROSS-BORDER RISK
Users accessing the Platform from jurisdictions outside the United States do so at their own risk and
are responsible for compliance with applicable local laws and regulations
14. TECHNOLOGY AND CYBERSECURITY RISK
Use of the Platform involves inherent technological risks, including:
1. System outages or disruptions;
2. Cyberattacks or unauthorized access;
3. Data transmission failures;
4. Software errors or vulnerabilities.
THE COMPANY DOES NOT WARRANT THAT THE PLATFORM WILL BE ERROR-FREE,
UNINTERRUPTED, OR SECURE.
15. CONFIDENTIALITY AND INFORMATION RISK
Information provided through the Platform may:
1. Be incomplete, delayed, or subject to change;
2. Contain forward-looking statements or projections;
3. Be based on assumptions that may not materialize
No representation or warranty is made as to the accuracy or completeness of such information.
Forward-looking statements are subject to known and unknown risks, uncertainties, and assumptions.
Actual results may differ materially. The Company undertakes no obligation to update such
statements.
16. LEVERAGE AND STRUCTURED INVESTMENT RISK
Certain opportunities may involve:
1. Leverage or borrowed capital;
2. Derivative instruments;
3. Complex financial structures
These may amplify both gains and losses, increasing overall risk exposure.
17. FORCE MAJEURE
The Company shall not be liable for any failure or delay resulting from events beyond its reasonable
control, including:
1. Natural disasters;
2. Acts of government;
3. War, terrorism, or civil unrest;
4. Infrastructure or utility failures.
18. LIMITATION OF LIABILITY
TO THE MAXIMUM EXTENT PERMITTED UNDER FLORIDA LAW:
1. THE COMPANY SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT;
INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES;
2. THIS INCLUDES LOSS OF PROFITS, CAPITAL, DATA, OR OPPORTUNITY.
ALL USE OF THE PLATFORM IS AT YOUR SOLE RISK.
19. INDEMNIFICATION
You agree to indemnify, defend, and hold harmless the Company, its affiliates, managers, officers, and
agents from and against any claims, liabilities, damages, losses, and expenses (including legal fees)
arising out of or related to:
1. Your use of the Platform;
2. Your investment decisions;
3. Your breach of this Disclosure or the Terms of Service.
20. ASSUMPTION OF RISK
BY USING THE PLATFORM, YOU EXPRESSLY:
1. ASSUME ALL RISKS ASSOCIATED WITH INVESTMENT ACTIVITIES;
2. WAIVE ANY CLAIM AGAINST THE COMPANY ARISING FROM SUCH RISKS;
3. ACCEPT FULL RESPONSIBILITY FOR YOUR FINANCIAL DECISIONS.
21. GOVERNING LAW
This Disclosure shall be governed by and construed in accordance with the laws of the State of Florida,
without regard to conflict of law principles.
22. JURISDICTION AND VENUE
Any dispute arising out of or relating to this Disclosure shall be subject to the exclusive jurisdiction
of the state and federal courts located in the State of Florida.
23. RELATIONSHIP TO TERMS OF SERVICE
This Disclosure supplements the Terms of Service and does not replace them.
In the event of any conflict:
1. The Terms of Service shall control with respect to liability, dispute resolution, and enforcement;
2. This Disclosure shall govern risk-related acknowledgments only.
24. SEVERABILITY
If any provision of this Disclosure is held to be invalid or unenforceable, the remaining provisions
shall remain in full force and effect.
25. MODIFICATIONS
The Company reserves the right to update or modify this Disclosure at any time.
Continued use of the Platform constitutes acceptance of any revised version
26. ACKNOWLEDGMENT
By accessing or using the Platform, you acknowledge that:
1. You understand the risks described herein;
2. You accept full responsibility for your actions;
3. You agree to be legally bound by this Disclosure.
Approved by:
Next Fraga Investments LLC Management
