Risk Disclosures

Last updated: 8/16/2026

Private-market investing involves substantial risk. The following disclosures are not exhaustive. Bright Capital America does not provide investment, legal, tax, or financial advice, and no communication on the Platform is a solicitation, offer, or recommendation to buy or sell any security or interest.

Loss of capital

You may lose some or all of the capital you invest. Historical performance is not indicative of future results.

Illiquidity

Private investments are typically illiquid. There may be no secondary market and no ability to exit before an eventual liquidity event, which may never occur.

Dilution

Subsequent financing rounds, option pool expansions, and restructurings may significantly dilute your ownership.

Valuation uncertainty

Private-company valuations are inherently subjective and may change materially between rounds. Reported valuations do not represent realizable value.

Information asymmetry

Information about private companies may be limited, incomplete, or inaccurate. Users are responsible for conducting their own diligence.

Regulatory risk

Access to specific opportunities may be restricted based on your jurisdiction, accreditation status, or the issuer's applicable exemptions. Rules may change.

Concentration risk

Investors should consider portfolio construction and avoid overconcentration in any single opportunity, sector, or geography.

Operational and platform risk

Technology, custody, banking, or other third-party operational failures may affect the Platform or specific transactions.

No guarantee

Bright Capital America does not guarantee funding for any company or returns for any investor and does not underwrite, insure, or endorse any opportunity.