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 Person (as defined hereunder) be liable for any direct or indirect trading losses caused by any information in a Report (as defined here: research, including, but not limited to, any analysis, article, data, letter, or statement in a public forum, on a digital platform or in any form of electronic communication). You further agree to do your own research and due diligence, and consult your own financial, legal, and tax advisors before making any investment decision with respect to transacting in any securities of an issuer covered on this website or in a Report (a ‘Subject Name’).
As of the publication date of a Report, NINGI Research and NINGI Research Related Persons (along with or through its members, partners, affiliates, employees, and/or consultants), clients, and investors, and/or their respective clients and investors have a short position in the securities of a Subject Name (which may include stocks and options, swaps, and other derivatives related to these securities), and therefore, in the case of decline in the Subject Name’s securities, will realize significant gains. After the publication of a Report, NINGI Research and NINGI Research Related Persons may be long, short, or neutral at any time thereafter regardless of NINGI Research’s initial position or views as expressed in NINGI Research’s Report. NINGI Research and NINGI Research Related Persons are likely to immediately transact in the Subject Name’s securities (by increasing and/or decreasing positions and/or risk exposure) and continue to trade in Subject Name’s securities for an undefined time period thereafter, and such position(s) may be long, short, or neutral at any time thereafter regardless of their initial position(s) and views as stated in NINGI Research’s research and Report. NINGI Research and NINGI Research Related Persons trade Subject Name’s Securities in conjunction with their risk tolerance and management practices, and such trading will result in the derisking of some or all of their positions in the Subject Name securities at any time following publication of this Report depending on security-specific, market, portfolio or other relevant conditions. NINGI Research and NINGI Research Related Persons will not update a Report or statements to reflect changes in its position in the Subject Name’s securities. Any Report discusses estimated fair values of the Subject Name’s securities, utilizing various valuation methods. Fair values are not price targets and neither NINGI Research nor NINGI Research Related Persons commits to hold securities until such time as the estimated fair values are reached. NINGI Research and NINGI Research Related Persons may change their estimates of fair values at any time hereafter without updating a Report or otherwise disclosing updated fair values publicly. NINGI Research and NINGI Research Related Persons will transact in the Subject Name’s securities for various reasons, none of which may relate to NINGI Research’s and NINGI Research Related Persons’ estimates of the securities’ fair values.
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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.