Investment risk disclosure

What you will be asked to affirm

Before any investment is accepted you must affirm each of the following statements individually, with a legally binding signature recorded separately from the terms of use. The current sample acknowledgement does not record a signature or create an investment.

1. 1.I have seen and read the crowdfunding warning statement and understand that this is a risky investment.
2. 2.I understand that I may be overpaying for the securities relative to their value.
3. 3.I understand that share classes superior to mine may exist.
4. 4.I am able to absorb the complete loss of the amount I invest without undue hardship.
5. 5.My total annual crowdfunding investments, including investments through other portals, are within the legal limit for my investor category.
6. 6.I understand that a minimum one-year lock-in applies, and that further transfer restrictions may apply.
7. 7.I understand that I may never be able to sell these securities.
8. 8.I understand that the disclosure here is less than a publicly traded company would provide.
9. 9.I understand that I have no protection under a prospectus.
10. 10.I understand that I have no claim against the National Investor Protection Fund.
11. 11.I understand that Pennytree does not guarantee against investment losses. This acknowledgement does not waive liability for breach of regulatory obligations.

Your cancellation rights

• You may cancel your investment for any reason up to 48 hours before an offer closes. Cancellation must be available through the portal or by notice. Debited or blocked funds must be refunded or released within 48 hours of the cancellation request.
• A material adverse change before closing permits rescission within seven days from public disclosure where proceeds have not been transferred. Investors must be notified within 24 hours of the intermediary becoming aware of the change.
• If an offer fails to reach its minimum threshold, all subscriptions are refunded within 48 hours of close.