Terms of Use

By continuing, you explicitly agree to the Terms of Use. Use of NINGI Research’s research is at your own risk. In no event should NINGI Research or any NINGI Research Related Persons (as defined hereunder) be liable for any direct or indirect trading losses caused by any information on this website. You further agree to do your own research and due diligence, consult your own financial, legal, and tax advisors before making any investment decision with respect to transacting in any securities of an issuer covered herein (a “Covered Issuer”).

As of the publication date of a NINGI Research’s report, NINGI Research Related Persons (along with or through its members, partners, affiliates, employees, and/or consultants), clients, and investors, and/or their clients and investors have a short position in the securities of a Covered Issuer (and options, swaps, and other derivatives related to these securities), and therefore will realize significant gains in the event that the prices of a Covered Issuer’s securities decline. NINGI Research and NINGI Research Related Persons are likely to continue to transact in Covered Issuers’ securities for an indefinite period after an initial report on a Covered Issuer, and such position(s) may be long, short, or neutral at any time hereafter regardless of their initial position(s) and views as stated in the NINGI Research’s research.

Any document, information, data, analysis, and statement on this website is expressed for educational purposes only and is expressed as an opinion, not a statement of fact. Any statements are expressed as our personal opinions in a public forum, and our opinions consolidate the information of our own analysis. This website, all documents contained herein or any information herein should not be considered an offer to sell or a solicitation of an offer to buy any security or investment product, nor do we intend to make any such an offer, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer would be unlawful under the securities laws of such jurisdiction, nor as investment advice or a recommendation to buy or sell any investment products or to make any type of investment, or as an opinion on the merits or otherwise of any particular investment or investment strategy. Please seek the advice of a registered security professional regarding any transaction or investment decision in your jurisdiction. We are not a licensed or registered investment advisor in any jurisdiction. To the best of NINGI Research’s ability and belief, all information contained herein is accurate and reliable, and has been obtained from public sources we believe to be accurate and reliable, and who are not insiders or connected persons of the securities of a Covered Issuer or who may otherwise owe any fiduciary duty or duty of confidentiality to the Covered Issuer. However, such information is presented “as is,” without warranty of any kind – whether express or implied. NINGI Research makes no representation, express or implied, as to the accuracy, timeliness, or completeness of any such information or with regard to the results to be obtained from its use. The information herein may contain forward-looking statements, estimates, projections, and opinions with respect to among other things, certain accounting, legal, and regulatory issues the issuer faces and the potential impact of those issues on its future business, financial condition, and results of operations, as well as more generally, the issuer’s anticipated operating performance, access to capital markets, market conditions, assets, and liabilities. Such statements, estimates, projections, and opinions may prove to be substantially inaccurate and are inherently subject to significant risks and uncertainties beyond NINGI Research’s control. All expressions of opinion are subject to change without notice, and NINGI Research does not undertake to update or supplement any reports or any of the information contained in any reports. You agree that the information on this website is copyrighted, and you, therefore, agree not to distribute this information (whether the downloaded file, copies/images/reproductions, or the link to these files) in any manner other than by providing the following link: ningiresearch.com

The failure of NINGI Research to exercise or enforce any right or provision of these Terms of Use shall not constitute a waiver of this right or provision. If any provision of these Terms of Use is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties’ intentions as reflected in the provision and rule that the other provisions of these Terms of Use remain in full force and effect, in particular as to this governing law and jurisdiction provision. You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to the use of our website or the material herein must be filed within one (1) year after such claim or cause of action arose or be forever barred.

NINGI Research Related Person is defined as: NINGI Research and its affiliates and related parties, including, but not limited to, any principals, officers, directors, employees, members, clients, investors, consultants, and agents. One or more NINGI Research Related Persons have provided NINGI Research with publicly available information that NINGI Research has included in this report, following NINGI Research’s independent due diligence.

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