Terms of Service

01Overview

These Terms of Service (the "Terms") constitute a legally binding agreement between you ("User," "you," or "your") and Alphaneo LLC ("Alphaneo," "we," "us," or "our"), a Delaware limited liability company. These Terms govern your access to and use of the Alphaneo platform, including all associated websites, mobile applications, data feeds, tools, and services (collectively, the "Platform").

By accessing or using the Platform, you represent that you have read, understood, and agree to be bound by these Terms in their entirety. If you do not agree to these Terms, you must immediately discontinue your use of the Platform. Alphaneo reserves the right to modify these Terms at any time; continued use of the Platform after notice of modification constitutes acceptance of the revised Terms.

02Eligibility — Accredited Investors Only

Access to investment opportunities on the Platform is restricted exclusively to "accredited investors" as defined under Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, as amended (the "Securities Act"). You must satisfy at least one of the following criteria to be eligible:

• Individual net worth, or joint net worth with your spouse or spousal equivalent, exceeding $1,000,000 at the time of purchase, excluding the value of your primary residence;
• Individual income exceeding $200,000 in each of the two most recent calendar years, or joint income with your spouse or spousal equivalent exceeding $300,000 in each of those years, with a reasonable expectation of reaching the same income level in the current year;
• Holding in good standing a Series 7, Series 65, or Series 82 license issued by FINRA; or
• Qualifying as a "knowledgeable employee" of a private fund in which you are investing, or as an entity with total assets exceeding $5,000,000 organized for purposes other than making this investment.

You may create an account, define a mandate, and view published research without representing that you are an accredited investor. You must accurately describe your status. Eligibility verification, admission, and permission to view an individual opportunity are separate decisions. Registration, an expression of interest, or an access request does not establish eligibility, guarantee access, reserve an allocation, or create an investment commitment.

03Account Registration & Verification

Access to restricted opportunity information requires current eligibility, admission, and a specific access grant. Additional verification may be required for an investment through the relevant issuer or external administrator. Accreditation verification, identity verification, and anti-money-laundering checks are distinct processes. This version of the Platform does not collect payments or administer investments.

You agree to provide accurate, current, and complete information during the registration process and to promptly update such information if it changes. You are solely responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You agree to notify Alphaneo immediately at legal@alphaneo.ai of any unauthorized use of your account.

Alphaneo reserves the right to refuse registration, suspend, or terminate any account at its sole discretion, including for failure to complete verification, provision of false information, or suspected violation of these Terms or applicable law.

Founders, officers and fund managers may upload documents to the Platform. Only the Alphaneo desk (the Alphaneo staff who review research, evidence and requests) can see an uploaded document. It is never shown to another user, to a company or to a fund manager.

04Investment Services — Facilitation Only

The Platform provides private-company research, mandate intake, and separately approved opportunity summaries. Coverage and Inflection Points are research; records under evaluation are not available investments. Transactions, when offered, are governed by definitive documents and administered externally. Alphaneo is not a registered investment adviser or broker-dealer. The Platform is not a securities exchange or alternative trading system.

Alphaneo acts as a facilitator and technology platform. Alphaneo may also act as the general partner (GP) of a special purpose vehicle (SPV) that invests in a company; that role, and the fee Alphaneo earns for it, are described in Section 05 (Fees) of these Terms and in the Risk Disclosures. We do not provide personalized investment advice, manage assets on your behalf (other than as the GP of an SPV in which you have invested, under that SPV's definitive offering documents), or recommend specific securities or investment strategies tailored to your individual circumstances. The availability of any investment opportunity on the Platform does not constitute an endorsement, recommendation, or representation that such investment is suitable for you.

What you tell the desk you would own, including your mandate and any interest you record in a company, is seen only by the Alphaneo desk. It is never shown to a company, to a fund manager or to any other user, in aggregate or by name.

All investment decisions are made solely by you. You are encouraged to consult with licensed financial advisors, attorneys, and tax professionals before making any investment decision. Nothing on the Platform constitutes an offer to sell or a solicitation of an offer to buy any security except through a definitive offering document provided in connection with a specific offering.

05Fees

Alphaneo and its affiliates may charge fees in connection with the investment opportunities and vehicles offered through the Platform. Where Alphaneo acts as the general partner (GP) of a special purpose vehicle (SPV), Alphaneo earns a one-time management fee, plus expenses, in connection with that SPV. Fee structures are not uniform and vary by opportunity and vehicle type.

The specific fees applicable to any investment are set out in the definitive offering documents for that opportunity — for example, the operating agreement, subscription agreement, side letter, or private placement memorandum — which control. You should review those documents carefully before committing capital. Fees are generally non-refundable once a transaction has completed, and additional service fees may apply and will be disclosed prior to the applicable transaction.

06No Investment Advice

Nothing contained on the Platform, including company profiles, research summaries, financial projections, market data, or other content, constitutes investment advice, legal advice, tax advice, or any other professional advice. Research content are provided for informational purposes only and reflect the opinions of Alphaneo's research team at the time of publication; they are subject to change without notice and should not be relied upon as the sole basis for any investment decision.

Past performance of any investment or investment category described on the Platform is not indicative of future results. Forward-looking statements and projections involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied.

07Risk Summary

Investing in private market securities involves significant risks, including the risk of total loss of your investment. Private securities are illiquid, are not listed on public exchanges, and may be subject to transfer restrictions that limit or prevent your ability to sell or otherwise dispose of them. Investment returns are not guaranteed and may be negative.

A complete description of the material risks associated with investments available on the Platform is set forth in our Risk Disclosures, which are incorporated herein by reference. You should read the Risk Disclosures carefully before making any investment decision. Additional risk factors specific to each offering are described in the applicable offering documents.

08Prohibited Activities

You agree that you will not, directly or indirectly, engage in any of the following activities in connection with the Platform:

• Provide false, misleading, or fraudulent information during registration, verification, or any investment process;
• Attempt to circumvent accredited investor verification requirements or facilitate access by non-accredited investors;
• Use the Platform for money laundering, terrorist financing, or any other illegal financial activity;
• Transmit or post any material that infringes upon the intellectual property rights of any third party;
• Attempt to gain unauthorized access to any portion of the Platform or its underlying systems;
• Use automated scripts, bots, scrapers, or similar tools to access the Platform without express written permission;
• Engage in market manipulation, front-running, or any other activity that could distort the integrity of any offering or secondary transaction;
• Violate any applicable federal, state, local, or international law or regulation, including securities laws, in connection with your use of the Platform.

Violation of any provision of this Section may result in immediate termination of your account and may be reported to relevant regulatory authorities.

09Intellectual Property

The Platform and all content, features, and functionality thereof, including but not limited to all text, graphics, logos, user interface designs, analyst research, research methodologies, software, and data compilations, are owned by Alphaneo or its licensors and are protected by United States and international copyright, trademark, patent, trade secret, and other intellectual property laws.

Alphaneo grants you a limited, non-exclusive, non-transferable, revocable license to access and use the Platform for your personal, non-commercial investment purposes strictly in accordance with these Terms. You may not reproduce, distribute, modify, create derivative works of, publicly display, publicly perform, republish, download, store, transmit, or commercially exploit any content from the Platform without Alphaneo's prior written consent. Any feedback, suggestions, or ideas you provide regarding the Platform may be used by Alphaneo without restriction or compensation to you.

10Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL ALPHANEO, ITS DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, LICENSORS, OR SERVICE PROVIDERS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, LOSS OF DATA, BUSINESS INTERRUPTION, OR LOSS OF GOODWILL, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF OR INABILITY TO USE THE PLATFORM, EVEN IF ALPHANEO HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT SHALL ALPHANEO'S TOTAL AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATED TO THESE TERMS OR YOUR USE OF THE PLATFORM EXCEED THE GREATER OF (A) THE TOTAL FEES PAID BY YOU TO ALPHANEO IN THE TWELVE (12) MONTHS IMMEDIATELY PRECEDING THE CLAIM, OR (B) ONE HUNDRED DOLLARS ($100). SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF CERTAIN DAMAGES; IN SUCH JURISDICTIONS, ALPHANEO'S LIABILITY SHALL BE LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW.

11Indemnification

You agree to indemnify, defend, and hold harmless Alphaneo and its affiliates, directors, officers, employees, agents, licensors, and service providers from and against any and all claims, liabilities, damages, judgments, awards, losses, costs, expenses, and fees (including reasonable attorneys' fees) arising out of or relating to: (a) your violation of these Terms; (b) your use of the Platform; (c) any investment decision made by you; (d) your misrepresentation of your status as an accredited investor; or (e) your violation of any applicable law or the rights of any third party.

Alphaneo reserves the right, at your expense, to assume the exclusive defense and control of any matter for which you are required to indemnify Alphaneo. You agree to cooperate fully with Alphaneo's defense of such claims and not to settle any matter without Alphaneo's prior written consent.

12Dispute Resolution

Any dispute, controversy, or claim arising out of or relating to these Terms or the breach, termination, or validity thereof shall be finally settled by binding arbitration administered by the American Arbitration Association ("AAA") in accordance with its Commercial Arbitration Rules then in effect. The arbitration shall be conducted in Wilmington, Delaware, before a single arbitrator with experience in securities and commercial law. Judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof.

These Terms and any dispute arising hereunder shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of laws principles. The Federal Arbitration Act governs the interpretation and enforcement of this arbitration provision.

Class Action Waiver: YOU AND ALPHANEO AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. No arbitrator shall have authority to consolidate more than one person's claims or preside over any form of a class proceeding.

You may opt out of the arbitration agreement by providing written notice to legal@alphaneo.ai within thirty (30) days of first accepting these Terms. Opting out will not affect any other provision of these Terms.

13Modifications

Alphaneo reserves the right to modify these Terms at any time. We will provide notice of material changes by posting the revised Terms on the Platform with an updated "Last updated" date, and, where practicable, by email notification to your registered address. Your continued use of the Platform after the effective date of any modification constitutes your acceptance of the revised Terms.

If any provision of these Terms is held by a court of competent jurisdiction to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect. The failure of Alphaneo to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.

14Contact

For legal inquiries regarding these Terms of Service, please contact us at:

• Email: legal@alphaneo.ai
• Entity: Alphaneo LLC
• Address: 251 Little Falls Drive, Wilmington, DE 19808

We aim to respond to all legal inquiries within five (5) business days. For urgent matters involving potential fraud or unauthorized account activity, please indicate "URGENT" in your subject line.