COMMON STOCK PURCHASE WARRANT Zerify, Inc.Security Agreement • February 5th, 2024 • Zerify, Inc. • Services-prepackaged software • Wyoming
Contract Type FiledFebruary 5th, 2024 Company Industry JurisdictionTHIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _________________________or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after ___________ (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on ________, 202__ (the “Termination Date”) but not thereafter, to subscribe for and purchase from Zerify, Inc., a Wyoming corporation (the “Company”), up to ________________shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • March 30th, 2022 • Smart Decision, Inc. • Services-prepackaged software • Florida
Contract Type FiledMarch 30th, 2022 Company Industry JurisdictionThis Securities Purchase Agreement (the “Agreement”) dated December 8th, 2021, by and between Smart Decision, Inc., a WY corporation (the “Company”), and Christine Arenella, a New York Resident, with its (the “Buyer”).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • July 11th, 2024 • Software Effective Solutions, Corp. • Services-computer programming services • Texas
Contract Type FiledJuly 11th, 2024 Company Industry JurisdictionThis Securities Purchase Agreement (the AAgreement@) is dated as of June 14, 2024, by and between Software Effective Solutions, Inc., a Louisiana corporation (the ACompany@), and Real Time Funding Resources, LLC (the ABuyer@).
COMMON STOCK PURCHASE WARRANT VIVOS, INC.Common Stock Purchase Warrant • February 17th, 2021 • Vivos Inc • Surgical & medical instruments & apparatus
Contract Type FiledFebruary 17th, 2021 Company IndustryTHIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, ________________ its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to the close of business on the two year anniversary of the Initial Exercise Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Vivos, Inc., a Delaware corporation (the “Company”), up to _______________ shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
LIMITED LIABILITY COMPANY OPERATING AGREEMENT CURIDOL HOLDINGS, LLC A Member- Managed Limited Liability CompanyOperating Agreement • April 12th, 2024 • Sibannac, Inc. • Pharmaceutical preparations • Arizona
Contract Type FiledApril 12th, 2024 Company Industry JurisdictionTHIS OPERATING AGREEMENT is made and entered into effective June 20, 2023, by and among: Sibannac, Inc., William Charles Crosno, and Direct Global Supply, LLC (collectively referred to in this agreement as the "Members").
ESCROW AGREEMENT FOR SECURITIES OFFERINGEscrow Agreement • December 29th, 2021 • RoyaltyTraders LLC • Services-computer processing & data preparation • Delaware
Contract Type FiledDecember 29th, 2021 Company Industry JurisdictionTHIS ESCROW AGREEMENT, effective as of _____________, (“Escrow Agreement”), is by, between and among North Capital Private Securities Corporation, a Delaware Corporation and a registered Broker-Dealer, member FINRA and SIPC, located at 623 E. Ft. Union Blvd, Suite 101, Salt Lake City, UT 84047 (“NCPS”) as escrow agent hereunder (“NCPS” or “Escrow Agent”); Dalmore Group, LLC (“Broker”), a New York limited liability company located at 525 Green Place, Woodmere, NY 11598; and ____________________________, a __________________________ (“Issuer”) located at ___________________________________________________________________.
ContractPromissory Note • December 2nd, 2021 • Otis Gallery LLC • Retail-retail stores, nec
Contract Type FiledDecember 2nd, 2021 Company IndustryTHIS NOTE HAS NOT BEEN REGISTERED FOR SALE UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY OTHER APPLICABLE SECURITIES LAWS. THIS NOTE MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT AS TO THE SECURITIES UNDER SAID ACT OR OTHER APPLICABLE SECURITIES LAWS OR, IN THE ABSENCE THEREOF, AN OPINION OF COUNSEL IN FORM, SUBSTANCE AND SCOPE CUSTOMARY FOR OPINIONS OF COUNSEL IN COMPARABLE TRANSACTIONS, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT, OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SAID ACT. THIS NOTE IS SUBJECT TO THE TRANSFER RESTRICTIONS SET FORTH HEREIN.
Series Gallery Drop 119, a Series of Otis Gallery LLC Interests are offered through Dalmore Group, LLC, a registered broker-dealer and a member of FINRA and SIPC (the “Broker”) Subscription Agreement to subscribe for Series Gallery Drop 119, a Series...Subscription Agreement • December 2nd, 2021 • Otis Gallery LLC • Retail-retail stores, nec • New York
Contract Type FiledDecember 2nd, 2021 Company Industry JurisdictionPlease complete the following ACH payment details in order to automatically transfer money into the escrow account. This section can be left blank in the case of electronically initiated payments.
PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • December 2nd, 2021 • Otis Gallery LLC • Retail-retail stores, nec • New York
Contract Type FiledDecember 2nd, 2021 Company Industry JurisdictionTHIS PURCHASE AND SALE AGREEMENT (this “Agreement”) is made and entered into as of this November 30, 2021, by and between (i) Series Gallery Drop 119, a Series of Otis Gallery LLC, a Delaware series limited liability company (“Purchaser”), and (ii) Otis Wealth, Inc., a Delaware corporation (“Seller”).
SUBSCRIPTION AGREEMENTSubscription Agreement • October 30th, 2023 • Rodedawg International Industries, Inc. • Services-management consulting services • Nevada
Contract Type FiledOctober 30th, 2023 Company Industry JurisdictionTHIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES, AND NO PUBLIC MARKET IS EXPECTED TO DEVELOP FOLLOWING THIS OFFERING.
ContractCollectable Consignment Agreement • May 31st, 2022 • Collectable Sports Assets, LLC • Retail-retail stores, nec
Contract Type FiledMay 31st, 2022 Company Industry[***] Certain information in this document has been excluded pursuant to the Instruction to Item 17 of Form 1-A. Such excluded information is not material, is the type that the registrant treats as private or confidential and would likely cause competitive harm to the registrant if publicly disclosed.
Landa LeaseResidential Lease Agreement • June 5th, 2023 • Landa App 3 LLC • Real estate • Georgia
Contract Type FiledJune 5th, 2023 Company Industry JurisdictionThis Residential Lease Agreement (hereinafter “Lease”) is entered into this on 16th day of May, 2023 by and between the Lessor: LANDA APP 3 LLC - 6696 Mableton Parkway SE Mableton GA LLC (hereinafter referred to as “Landlord”), and the Lessee(s): [***]. All Lessees (hereinafter referred to collectively as “Tenant”), are jointly, severally and individually bound by, and liable under, the terms and conditions of this Lease.
Broker-Dealer AgreementBroker-Dealer Agreement • March 7th, 2023 • Ysmd, LLC • Real estate
Contract Type FiledMarch 7th, 2023 Company IndustryThis agreement (together with exhibits and schedules, the “Agreement”) is entered into by and between YSMD, LLC (“Client”), a California Corporation, and Dalmore Group, LLC., a New York Limited Liability Company (“Dalmore”). Client and Dalmore agree to be bound by the terms of this Agreement, effective as of November 8, 2021 (the “Effective Date”):
Series #TICKER, a series of RSE Innovation, LLC Interests are offered through Dalmore Group, LLC, a registered broker-dealer and member of FINRA and SIPC (“Dalmore” or the “BOR”) Subscription Agreement to subscribe for Series #TICKER, a series of RSE...Subscription Agreement • May 22nd, 2023 • RSE Innovation, LLC • Retail-retail stores, nec • Delaware
Contract Type FiledMay 22nd, 2023 Company Industry Jurisdiction
SECOND AMENDED AND RESTATED OPERATING AGREEMENT OF FUNDRISE REAL ESTATE INVESTMENT TRUST, LLC Dated as of September 6, 2016Operating Agreement • September 19th, 2016 • Fundrise Real Estate Investment Trust, LLC • Real estate investment trusts • Delaware
Contract Type FiledSeptember 19th, 2016 Company Industry JurisdictionThis SECOND AMENDED AND RESTATED OPERATING AGREEMENT OF FUNDRISE REAL ESTATE INVESTMENT TRUST, LLC, is dated as of September 6, 2016. Capitalized terms used herein without definition shall have the respective meanings ascribed thereto in Section 1.1 or Section 13.1.
FORM OF SUBSCRIPTION AGREEMENT RELATING TO OFFERING CONSUMMATED DECEMBER 14, 2021 FOR THE SALE OF COMMON STOCK Atlis Motor Vehicles, Inc. A Delaware Corporation INSTRUCTIONS TO SUBSCRIBERSSubscription Agreement • September 22nd, 2022 • Atlis Motor Vehicles Inc • Truck & bus bodies • Arizona
Contract Type FiledSeptember 22nd, 2022 Company Industry JurisdictionTHIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES.
SERIES OPERATING AGREEMENT OF LANDA APP LLC - 1910 GROVE WAY HAMPTON GA LLCSeries Operating Agreement • December 20th, 2021 • Landa App LLC • Real estate
Contract Type FiledDecember 20th, 2021 Company IndustryTHIS SERIES OPERATING AGREEMENT (this “Agreement”) of LANDA APP LLC - 1910 GROVE WAY HAMPTON GA LLC, dated as of July 12, 2021, by and between LANDA APP LLC - 1910 GROVE WAY HAMPTON GA LLC, a registered Delaware series of Landa App LLC (the “Series”), Landa App LLC, a Delaware limited liability company (the “Company”), Landa Holdings, Inc., a Delaware corporation (the “Manager”) and the members of the Series, each listed on Schedule A attached hereto (the “Members,” and together with the Series, the Company and the Manager the “Parties”) Capitalized terms used herein and not otherwise defined are used as defined in the Limited Liability Company Agreement of the Company, dated as of September 14, 2020 (as may be amended from time to time, the “Master Agreement”).
AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF ARRIVED HOMES 3, LLCLimited Liability Company Agreement • July 27th, 2023 • Arrived Homes 3, LLC • Real estate
Contract Type FiledJuly 27th, 2023 Company Industry
Broker-Dealer AgreementBroker-Dealer Agreement • December 8th, 2022 • Getaway Collection LLC • Real estate
Contract Type FiledDecember 8th, 2022 Company IndustryThis agreement (together with exhibits and schedules, the “Agreement”) is entered into by and between Sucasa Technologies, Inc. (“Client”), a Delaware Limited Liability Company, and Dalmore Group, LLC., a New York Limited Liability Company (“Dalmore”). Client and Dalmore agree to be bound by the terms of this Agreement, effective as of May 12, 2022 (the “Effective Date”):
COMMON STOCK PURCHASE WARRANT Zerify, Inc.Common Stock Agreement • October 18th, 2023 • Zerify, Inc. • Services-prepackaged software • Wyoming
Contract Type FiledOctober 18th, 2023 Company Industry JurisdictionTHIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _________________________or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after ___________ (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on September __, 2027 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Zerify, Inc., a Wyoming corporation (the “Company”), up to ________________shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
SUBSCRIPTION AGREEMENTSubscription Agreement • October 15th, 2024 • Next Thing Technologies, Inc • Miscellaneous electrical machinery, equipment & supplies • Delaware
Contract Type FiledOctober 15th, 2024 Company Industry JurisdictionPERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES, AND NO PUBLIC MARKET IS EXPECTED TO DEVELOP FOLLOWING THIS OFFERING.
POSTING AGREEMENTPosting Agreement • February 2nd, 2023 • Oncolyze, Inc. • Pharmaceutical preparations • California
Contract Type FiledFebruary 2nd, 2023 Company Industry JurisdictionOncolyze, Inc., a Delaware corporation located at 845 UN Plaza, 61b, New York, New York 10017 (the “Company”), proposes, subject to the terms and conditions contained in this Posting Agreement (this “Agreement”), to issue and sell shares of its Series A Preferred Stock, $0.001 par value per share (the “Shares”) to investors (collectively, the “Investors”) in a public offering (the “Offering”) on the online website provided by StartEngine Crowdfunding, Inc. (the “Platform”) pursuant to Regulation A through StartEngine Primary LLC ( “StartEngine”), acting on a best efforts basis only, in connection with such sales. The Shares are more fully described in the Offering Statement (as hereinafter defined).
AMENDED AND RESTATED ESCROW AGREEMENTEscrow Agreement • February 14th, 2024 • Caltier Fund I LP • Real estate • New York
Contract Type FiledFebruary 14th, 2024 Company Industry JurisdictionThis Amended and Restated Escrow Agreement (this “Agreement”) effective as of the effective date set forth on the signature page hereto (“Effective Date”), is entered into by the following:
SUBSCRIPTION AGREEMENTSubscription Agreement • July 11th, 2024 • Software Effective Solutions, Corp. • Services-computer programming services • Louisiana
Contract Type FiledJuly 11th, 2024 Company Industry JurisdictionThis subscription agreement (the “Subscription Agreement” or the “Agreement”) is entered into by and between Software Effective Solutions, Inc., a Louisiana corporation (the Company), and the undersigned investor (“Investor”), as of the date set forth on the signature page hereto. Any term used but not defined herein shall have the meaning set forth in the Offering Circular (defined below).
SUBSCRIPTION AGREEMENTSubscription Agreement • September 13th, 2019 • XTI Aircraft Co • Aircraft • Colorado
Contract Type FiledSeptember 13th, 2019 Company Industry JurisdictionTHIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES, AND NO PUBLIC MARKET IS EXPECTED TO DEVELOP FOLLOWING THIS OFFERING.
ESCROW AGREEMENT FOR SECURITIES OFFERINGEscrow Agreement • July 8th, 2020 • 20/20 GeneSystems, Inc. • Services-testing laboratories • Delaware
Contract Type FiledJuly 8th, 2020 Company Industry JurisdictionTHIS ESCROW AGREEMENT, dated as of 6/17/20 (“Escrow Agreement”), is by and between SI Securities, LLC (“SI Securities”), 20/20 GeneSystems, Inc., a Delaware corporation (“Issuer”), and The Bryn Mawr Trust Company of Delaware (“BMTC DE”), a Delaware entity, as Escrow Agent hereunder (“Escrow Agent”). Capitalized terms used herein, but not otherwise defined, shall have the meaning set forth in that certain Issuer Agreement by and between Issuer and SI Securities executed prior hereto (the “Issuer Agreement”).
VIPER NETWORKS, INC. SUBSCRIPTION AGREEMENT Regulation A SHARESSubscription Agreement • May 6th, 2024 • Viper Networks Inc • Services-business services, nec • Nevada
Contract Type FiledMay 6th, 2024 Company Industry JurisdictionTHIS SUBSCRIPTION AGREEMENT made as of the ____ day of _______________, 2024, between VIPER NETWORKS, INC., a corporation organized under the laws of the State of Nevada, (the “Company”), and the undersigned (the “Subscriber” and together with each of the other subscribers in the Offering (defined below), the “Subscribers”).
SUBSCRIPTION AGREEMENTSubscription Agreement • January 20th, 2022 • Innovega Inc. • Ophthalmic goods • New York
Contract Type FiledJanuary 20th, 2022 Company Industry JurisdictionTHIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES, AND NO PUBLIC MARKET IS EXPECTED TO DEVELOP FOLLOWING THIS OFFERING.
SUBSCRIPTION AGREEMENTSubscription Agreement • April 7th, 2020 • Mythic Collection, LLC • Retail-miscellaneous retail
Contract Type FiledApril 7th, 2020 Company IndustrySUBSCRIPTION AGREEMENT (the “Subscription Agreement”) made as of the date entered into below, by and between MTG-ABL90, LLC a series of Mythic Collection, LLC a Delaware Limited Liability Company (the “Issuer”), and the undersigned (the “Subscriber” or “You”).
ContractSubscription Agreement • September 1st, 2023 • Bemax, Inc. • Converted paper & paperboard prods (no contaners/boxes) • Texas
Contract Type FiledSeptember 1st, 2023 Company Industry Jurisdiction
Landa Georgia Residential Lease AgreementResidential Lease Agreement • July 15th, 2021 • Landa App LLC • Real estate • Georgia
Contract Type FiledJuly 15th, 2021 Company Industry JurisdictionThis Residential Lease Agreement (hereinafter “Lease”) is entered into this the 1st day of May , 2021, by and between the Lessor: Landa Properties LLC (hereinafter referred to as “Landlord”), and the Lessee(s): All Lessees (hereinafter referred to collectively as “Tenant”), are jointly, severally and individually bound by, and liable under, the terms and conditions of this Lease.
FORM OF SUBSCRIPTION AGREEMENT SERIES [*], A SERIES OF MASTERWORKS VAULT 2, LLC NOTICE TO INVESTORSSubscription Agreement • May 23rd, 2024 • Masterworks Vault 2, LLC • Retail-retail stores, nec • New York
Contract Type FiledMay 23rd, 2024 Company Industry JurisdictionInvesting in membership interests represented by Class A ordinary shares (“Shares”) of Series [*] (the “Series”), a series of Masterworks Vault 2, LLC (the “Company”) involves significant risks. This investment is suitable only for persons who can afford to lose their entire investment and such investment could be illiquid for an indefinite period of time. No public market currently exists for the Shares, and if a public market develops following this offering (the “Offering”), it may not continue.
FORM OF SUBSCRIPTION AGREEMENT LANDA APP LLC - [ ] Shares are being facilitated through Dalmore Group, LLC, a registered broker-dealer and a member of FINRA and SIPC (the “Broker”) NOTICE TO INVESTORSSubscription Agreement • October 7th, 2021 • Landa App LLC • Real estate • New York
Contract Type FiledOctober 7th, 2021 Company Industry JurisdictionTHIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES.
SUBSCRIPTION AGREEMENTSubscription Agreement • January 13th, 2021 • Miso Robotics, Inc. • General industrial machinery & equipment, nec • Delaware
Contract Type FiledJanuary 13th, 2021 Company Industry JurisdictionTHIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES, AND NO PUBLIC MARKET IS EXPECTED TO DEVELOP FOLLOWING THIS OFFERING.
SUBSCRIPTION AGREEMENTSubscription Agreement • July 19th, 2024 • Ysmd, LLC • Real estate • Delaware
Contract Type FiledJuly 19th, 2024 Company Industry JurisdictionTHIS INVESTMENT INVOLVES A HIGH DEGREE OF RISK. THIS INVESTMENT IS SUITABLE ONLY FOR PERSONS WHO CAN BEAR THE ECONOMIC RISK FOR AN INDEFINITE PERIOD OF TIME AND WHO CAN AFFORD TO LOSE THEIR ENTIRE INVESTMENT. FURTHERMORE, INVESTORS MUST UNDERSTAND THAT SUCH INVESTMENT IS ILLIQUID AND IS EXPECTED TO CONTINUE TO BE ILLIQUID FOR AN INDEFINITE PERIOD OF TIME. NO PUBLIC MARKET EXISTS FOR THE SECURITIES, AND NO PUBLIC MARKET IS EXPECTED TO DEVELOP FOLLOWING THIS OFFERING.