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Legal and Disclosures

Legal & Disclosures

Terms of use and important notices. Please read carefully.

These terms and notices govern your use of this website and describe important limitations on the information it contains. CMF Capital is an arm of SpaltX.

Effective July 1, 2026

01

Acceptance of these terms

A binding agreement.

These Legal & Disclosures, together with any notices posted elsewhere on this website (collectively, the "Terms"), govern your access to and use of this website and its contents (the "Site"). By accessing, browsing, or using the Site, you acknowledge that you have read, understood, and agree to be bound by these Terms and by all applicable laws and regulations. If you do not agree, you must not access or use the Site.

These Terms constitute the entire agreement between you and CMF Capital regarding the Site and supersede any prior understandings. Nothing in these Terms is legal advice to you; you should consult your own professional advisers regarding your particular circumstances.

02

About this site

An informational newsroom.

This Site is the newsroom of CMF Capital ("CMF Capital," "we," "us," or "our"), an arm of SpaltX. It exists to publish announcements, commentary, editorial content, and general firm updates. All content is provided for general informational purposes only and is not directed at any person in any jurisdiction where its publication or availability would be contrary to law or regulation.

The content of the Site does not take into account the investment objectives, financial situation, or particular needs of any person. It is not tailored to you and should not be treated as if it were.

03

No offer or solicitation

Nothing on this Site constitutes, or is intended to constitute, an offer to sell, or a solicitation of an offer to buy, any security, instrument, fund interest, product, or service, nor shall there be any sale of any security in any jurisdiction in which such offer, solicitation, or sale would be unlawful. Any such offer or solicitation, if ever made, would be made only through definitive offering or transaction documents and only to eligible persons in compliance with applicable law.

The Site is not directed to, and is not intended for distribution to or use by, any person or entity who is a citizen or resident of, or located in, any jurisdiction where such distribution, publication, availability, or use would be contrary to law or regulation.

04

Not investment, legal, or tax advice

The information on this Site is provided for general informational purposes only and does not constitute investment, financial, legal, accounting, tax, or other advice, and must not be relied upon as such. Nothing on the Site is a recommendation, endorsement, or solicitation to buy, sell, or hold any security or to adopt, pursue, or refrain from any investment strategy or transaction.

You are solely responsible for your own decisions. Before making any financial or legal decision, you should obtain independent professional advice from advisers licensed in the relevant jurisdiction.

05

No advisory, fiduciary, or client relationship

No clients, no outside money.

CMF Capital does not manage money for, or provide services to, the public. It does not accept, solicit, pool, or manage capital from clients, investors, or any outside party, and it does not open or maintain client accounts. CMF Capital is not an investment adviser, broker-dealer, commodity trading adviser, commodity pool operator, or fund manager for any third party, and it is not a retail "funded trader" program.

Your use of the Site does not create any advisory, fiduciary, agency, partnership, joint venture, employment, or client relationship between you and CMF Capital or SpaltX. No such relationship arises from your access to, or reliance on, any content on the Site.

06

No performance representation

This Site contains no representation of performance, returns, profit and loss, track record, or results of any kind, whether actual, hypothetical, model, backtested, projected, simulated, or targeted. Nothing on the Site should be read as suggesting that any strategy, technology, activity, or content has produced, or will produce, any particular financial result.

Any reference to research, technology, method, or discipline describes process or philosophy only and makes no representation whatsoever about outcomes. Past events are not indicative of future results.

07

Forward-looking statements

Statements about the future are uncertain.

Certain statements on this Site may be "forward-looking," including statements regarding intentions, beliefs, expectations, plans, or projections about future events or conditions. Forward-looking statements are identified by words such as "may," "will," "expect," "intend," "believe," "plan," "anticipate," and similar expressions.

Forward-looking statements are inherently subject to significant known and unknown risks, uncertainties, assumptions, and other factors, many of which are beyond our control. Actual events and results may differ materially from those expressed or implied. We undertake no obligation, and expressly disclaim any obligation, to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.

08

Accuracy, completeness, and no duty to update

While we endeavor to provide content that is accurate at the time of publication, we make no representation or warranty, express or implied, as to the accuracy, completeness, reliability, currency, or suitability of any content on the Site. Content may become outdated, and we are under no obligation to update it. Content may contain errors, omissions, or inaccuracies.

Dates of publication reflect when an item was posted and not any continuing endorsement of its contents.

09

No reliance

You must not rely on any content on this Site as the basis for making any investment, financial, legal, or other decision. To the fullest extent permitted by law, we disclaim all liability and responsibility arising from any reliance placed on the Site by you or any person who may be informed of any of its contents. Any reliance you place on such content is strictly at your own risk.

10

Material non-public information

Public information only.

Content on this Site is prepared using publicly available information and lawful analysis. CMF Capital does not seek, accept, or act on the basis of material non-public information, and maintains policies and controls intended to prevent the misuse of confidential or non-public information. Nothing on the Site should be understood to convey any material non-public information.

11

No regulatory review or endorsement

No securities or financial regulator, self-regulatory organization, exchange, or governmental authority in the United States or any other jurisdiction has reviewed, approved, endorsed, registered, licensed, qualified, or passed upon this Site, CMF Capital, or any content contained herein, or the accuracy or adequacy of any such content. No such review, approval, endorsement, or registration should be inferred from any content on the Site. Any representation to the contrary is unlawful.

12

Relationship to SpaltX and brand separation

Distinct identities.

CMF Capital is an arm of SpaltX. Its identity, content, and activities are distinct from any software, product, or service that SpaltX or any affiliate may market or sell. Nothing on this Site is an offer, promotion, or endorsement of any SpaltX product or service, and nothing about any SpaltX product or service should be understood as a representation about CMF Capital or its content.

Links to SpaltX or third-party sites are provided for convenience only and do not incorporate those sites into these Terms.

13

Third-party content, links, and sources

The Site may reference or link to information, materials, or websites operated by third parties. Such references and links are provided for convenience and information only. We do not control, monitor, endorse, adopt, or assume responsibility for any third-party content, products, services, or practices, and we make no representation or warranty regarding them. Your access to and use of any third-party site is at your own risk and subject to that site's own terms and policies.

14

Intellectual property and trademarks

All content on this Site, including text, graphics, logos, marks, images, and the selection, arrangement, and design thereof, is owned by or licensed to CMF Capital or SpaltX and is protected by United States and international copyright, trademark, and other intellectual property laws.

The names, logos, and marks "CMF Capital," "SpaltX," and related marks are the property of their respective owners. Nothing on the Site grants, by implication, estoppel, or otherwise, any license or right to use any such mark without prior written permission. You may not reproduce, distribute, modify, republish, or create derivative works from any content on the Site except with our prior written consent or as permitted by applicable law.

15

Privacy and email subscriptions

If you voluntarily provide an email address to subscribe to newsroom updates, you consent to our storing and using that address to send you the firm's news and updates. We do not sell subscriber email addresses. You may unsubscribe at any time by following the instructions in any message or by requesting removal. We collect only the information you choose to provide.

16

Disclaimer of warranties

Provided "as is."

THE SITE AND ALL CONTENT ARE PROVIDED "AS IS" AND "AS AVAILABLE," WITHOUT WARRANTY OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. TO THE FULLEST EXTENT PERMITTED BY LAW, WE DISCLAIM ALL WARRANTIES, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, AND ANY WARRANTIES ARISING FROM COURSE OF DEALING OR USAGE OF TRADE.

We do not warrant that the Site will be uninterrupted, secure, or error-free, that defects will be corrected, or that the Site or its servers are free of harmful components.

17

Limitation of liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL CMF CAPITAL, SPALTX, OR ANY OF THEIR RESPECTIVE AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, OR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUES, DATA, GOODWILL, OR OTHER INTANGIBLE LOSSES, ARISING OUT OF OR RELATING TO YOUR ACCESS TO OR USE OF, OR INABILITY TO ACCESS OR USE, THE SITE OR ANY CONTENT, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), STATUTE, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Some jurisdictions do not allow the exclusion or limitation of certain damages, so some of the above limitations may not apply to you; in such jurisdictions, our liability is limited to the greatest extent permitted by law.

18

Indemnification

You agree to indemnify, defend, and hold harmless CMF Capital, SpaltX, and their respective affiliates, officers, directors, employees, and agents from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or relating to your access to or use of the Site, your violation of these Terms, or your violation of any rights of any third party.

19

Governing law, jurisdiction, and venue

United States.

These Terms and any dispute or claim arising out of or in connection with them or their subject matter (including non-contractual disputes or claims) are governed by and construed in accordance with the laws of the State of Delaware and the applicable federal laws of the United States, without regard to conflict-of-laws principles.

You agree that any action or proceeding arising out of or relating to these Terms or the Site shall be brought exclusively in the state or federal courts located in the State of Delaware, and you irrevocably submit to the personal jurisdiction and venue of such courts and waive any objection to such venue.

20

Changes, severability, and general terms

We may modify these Terms and the content of the Site at any time, without notice, by posting the revised version. Your continued use of the Site after any change constitutes your acceptance of the revised Terms. If any provision of these Terms is held to be invalid or unenforceable, that provision shall be enforced to the maximum extent permissible and the remaining provisions shall remain in full force and effect. Our failure to enforce any provision is not a waiver of it. These Terms do not create any third-party beneficiary rights.

21

Legal notices

Questions or legal notices regarding these Terms or the Site may be directed to legal@spaltx.com. This address is for legal and administrative notices only and is not a channel for investment inquiries, account opening, or capital, none of which can be accommodated.

These Terms are provided for general information and do not constitute legal advice. Last updated July 1, 2026.