Disclaimer
THIS DISCLAIMER (the “Disclaimer”) APPLIES TO ALL INFORMATION, DATA, ANALYSIS, RESEARCH NOTES, MODEL OUTPUTS, CHAT TRANSCRIPTS, CHARTS, MULTIPLES, PEER COMPARISONS, AND OTHER MATERIAL (COLLECTIVELY, “Content”) MADE AVAILABLE THROUGH THE OCEANUS RESEARCH PORTAL (the “Portal”), OPERATED BY OCEANUS RESEARCH (“Oceanus”). THIS DISCLAIMER IS INCORPORATED BY REFERENCE INTO, AND FORMS A PART OF, THE TERMS OF USE. BY ACCESSING OR USING THE PORTAL, YOU ACKNOWLEDGE AND AGREE THAT YOU HAVE READ, UNDERSTOOD, AND ACCEPTED THIS DISCLAIMER IN ITS ENTIRETY.
1. No Investment, Legal, Tax, or Other Advice
1.1 The Content does not constitute, and shall not be construed as, investment advice, a recommendation to buy or sell any security, an offer or solicitation of an offer to buy or sell any security, or any other form of regulated advice in any jurisdiction.
1.2 Oceanus is not acting as Your investment adviser, broker, dealer, fiduciary, or financial planner. Unless separately disclosed in writing, Oceanus is not registered with the U.S. Securities and Exchange Commission, the U.S. Commodity Futures Trading Commission, the Financial Industry Regulatory Authority, the U.K. Financial Conduct Authority, the European Securities and Markets Authority, or any other regulatory body as an investment adviser, broker-dealer, commodity trading adviser, or similar registrant.
1.3 The Content does not take into account Your individual investment objectives, financial situation, tax position, risk tolerance, or any other circumstance that would normally be considered by a personal adviser. You should consult an independent, appropriately licensed investment, legal, and tax adviser before making any decision based, in whole or in part, on the Content.
2. No Representations or Warranties of Accuracy
2.1 The Content is compiled in part from third-party data sources, including, without limitation, Financial Modeling Prep and other market-data, news, regulatory-filing, and analyst- consensus vendors (“Third-Party Sources”). Oceanus does not independently verify Third-Party Sources and makes no representation or warranty, express or implied, as to the accuracy, completeness, timeliness, currency, or fitness for any particular purpose of any Content derived from such sources.
2.2 The Content may be (a) delayed, particularly for quotes outside U.S. main-board trading hours; (b) subject to correction, restatement, or revision by issuers, regulators, or data vendors without notice; (c) incomplete or unavailable for certain securities, geographies, or instrument types; or (d) affected by data-vendor errors, outages, or licensing restrictions.
2.3 TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, ALL CONTENT IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. OCEANUS AND ITS LICENSORS EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WITHOUT LIMITATION THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, AND NON-INFRINGEMENT.
3. Artificial-Intelligence-Generated Content
3.1 The Portal integrates large language models (“LLMs”) and other artificial-intelligence subsystems that summarize, draft, compose, or analyze Content (collectively, “AI Output”).
3.2 AI Output is generated probabilistically. AI Output MAY contain factual errors, fabrications (commonly referred to as “hallucinations”), misinterpretations, out-of-date references, and other inaccuracies. AI Output is not validated against any authoritative source unless expressly indicated.
3.3 You SHALL independently verify any AI Output against primary sources (issuer filings, official statements, audited financial reports) before relying upon, citing, redistributing, or acting upon such AI Output.
3.4 Research-note timeline entries marked with the “AI-summary” indicator (✨) were generated by an LLM and are to be treated as draft material subject to analyst review.
3.5 Nothing in any AI Output shall be interpreted as a confirmation that the underlying facts are accurate, that any prediction or scenario will materialize, or that any recommendation is suitable for any particular user or circumstance.
4. Forward-Looking Statements
4.1 Theses, projections, scenario models, valuation outputs, sensitivity analyses, and any other forward-looking statements displayed in or generated by the Portal are subject to material uncertainties.
4.2 Actual results may differ materially and adversely from any projection due to factors including, without limitation, changes in macroeconomic conditions, monetary policy, geopolitical events, regulatory environment, industry structure, idiosyncratic firm events, supply-chain disruptions, foreign-exchange rates, commodity prices, and market sentiment.
4.3 No assurance is given that any forward-looking statement will prove to be correct, and no party shall have any obligation to update, revise, or correct any such statement.
5. Past Performance
5.1 Backtests, historical price charts, prior research notes, and any other historical data displayed in the Portal represent past performance.
5.2 PAST PERFORMANCE IS NOT INDICATIVE OF, AND IS NOT A GUARANTEE OF, FUTURE RESULTS. The performance of any security, portfolio, model, or strategy may differ materially from historical performance.
6. No Fiduciary Relationship
Your access to and use of the Portal does not create any fiduciary, advisory, agency, broker-dealer, partnership, joint-venture, or employment relationship between You and Oceanus. No statement, communication, or AI Output on the Portal shall be construed as creating any such relationship.
7. Third-Party Content and Links
7.1 The Portal may surface, summarize, or link to content authored by third parties, including news organizations, regulators, issuers, analysts, and other commentators (“Third-Party Content”).
7.2 Inclusion or display of Third-Party Content does not constitute Oceanus's endorsement, recommendation, or verification of such content. Oceanus is not responsible for the accuracy, completeness, or legality of any Third-Party Content and disclaims all liability arising from Your reliance thereon.
8. Conflicts of Interest
Oceanus, its affiliates, and personnel may from time to time hold positions in, transact in, or have other economic interests with respect to, securities covered by Content displayed in the Portal. Such positions or interests may be inconsistent with the conclusions or scenarios surfaced by the Portal. The Portal does not represent that any such conflict has been mitigated or disclosed unless expressly indicated.
9. Jurisdictional Restrictions
9.1 The Portal is operated from, and intended for use by, Authorized Users in jurisdictions where such use is lawful. The Portal is not directed to, and the Content is not intended for distribution to or use by, any person or entity in any jurisdiction where such distribution, use, or availability would be contrary to local law or regulation, or where Oceanus or its licensors would be subject to any registration or licensing requirement they have not satisfied.
9.2 By accessing the Portal, You represent that You are eligible to do so under the laws of Your jurisdiction of residence and that Your use does not subject Oceanus to any registration or licensing requirement.
10. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL OCEANUS, ITS AFFILIATES, OR ITS LICENSORS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY, OR PUNITIVE DAMAGES; ANY LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR BUSINESS OPPORTUNITY; OR ANY TRADING, INVESTMENT, ALLOCATION, OR HEDGING LOSSES ARISING OUT OF OR IN CONNECTION WITH YOUR ACCESS TO OR USE OF THE PORTAL OR THE CONTENT, WHETHER BASED IN CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, OR ANY OTHER THEORY, EVEN IF OCEANUS HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE FULL LIMITATION-OF-LIABILITY CLAUSE IS SET FORTH IN SECTION 11 OF THE TERMS OF USE.
11. Acknowledgment
BY ACCESSING OR USING THE PORTAL, YOU REPRESENT THAT YOU HAVE READ THIS DISCLAIMER IN FULL, THAT YOU UNDERSTAND ITS TERMS, AND THAT YOU ASSUME ALL RISK ASSOCIATED WITH ANY ACTION YOU TAKE IN RELIANCE UPON ANY CONTENT MADE AVAILABLE THROUGH THE PORTAL.