SPZCO — Important Disclaimer

Effective Date: July 27, 2026

For informational and educational purposes only — not investment advice. SPZCO is a research tool. Nothing it provides is investment, financial, legal, tax, or accounting advice, or a recommendation, solicitation, or offer to buy or sell any security. SPZCO LLC, a Maine limited liability company, is not a broker-dealer, investment adviser, or fiduciary, and using SPZCO creates no advisory relationship. Always do your own research and consult a licensed professional before making any financial decision. Investing involves risk, including possible loss of principal.

Data is provided "as is" — no warranty. Data is compiled from public filings (e.g., SEC/EDGAR) and licensed third-party sources and may contain errors, omissions, or delays. We make no warranty as to its accuracy, completeness, or timeliness, and we are not liable for any decision made using it — you use it at your own risk.

Hypothetical results are not real. Fair-value estimates, backtests, and "13F implied returns" are modeled and hypothetical, not actual results; past or hypothetical performance does not guarantee future results.

By continuing, you acknowledge and agree to the full Terms of Use.