Valuation and Market Reference Disclosures

1. What an Ownsera result represents

Ownsera presents illustrative market references, operating comparisons, and scenarios using available information and stated assumptions. An estimate is a point-in-time analytical output. It is not a transaction, offer, guaranteed market-clearing price, formal appraisal, fairness opinion, solvency opinion, audit, or opinion suitable for a tax filing or financial statement without the required independent professional work.

A business's achievable price can differ substantially because of buyer identity, structure, financing, working capital, debt, cash, taxes, control rights, marketability, customer concentration, liabilities, management, negotiation, diligence findings, and changing market conditions. Enterprise value, equity value, and proceeds after debt, fees, and taxes are different measures. The displayed measure and currency must be read with the result.

2. Source and model limitations

Transaction announcements can report consideration, equity value, enterprise value, assumed debt, earn-outs, or partial-interest prices on different bases. Revenue and EBITDA may be reported, adjusted, historical, forecast, annualized, or unspecified. Those bases are not automatically interchangeable. Public company multiples and private transaction multiples describe different observations and may not be suitable comparables.

Availability of a source does not establish its accuracy, completeness, redistribution rights, or suitability for a particular model. Industry classifications, acquired business units, geographies, source dates, and metric definitions affect comparability. An acquisition of a division is not necessarily comparable to its seller's entire business. Foreign-market or different-operating-model observations must not be silently presented as local operating peers.

Automated extraction, statistical methods, and AI-assisted text may make mistakes, invent unsupported detail, or fail to recognize unusual facts. A source link, mathematical test, or polished report is not proof of predictive accuracy. Small samples, missing coverage, stale financial periods, and experimental models require special caution. Review the evidence status, as-of dates, basis, and limitations shown with the specific result.

3. Scenarios monitoring and professional decisions

A scenario shows what an assumed change would do within the model; it does not predict that the change will occur or that an actual buyer will pay the resulting amount. Historical relationships may not persist. Backtests, examples, and hypothetical results may reflect assumptions, selection effects, and information unavailable at the time, and must not be represented as actual customer outcomes.

Ownsera does not undertake continuous monitoring of your business, securities holdings, transaction, financing, tax position, or legal obligations merely because an account remains active. Updates depend on the feature, source availability, and stated cadence; a previously generated report does not update itself. You should review new facts and obtain qualified independent professional advice appropriate to the intended use.

Software access and an optional professional introduction are separate from an advisory engagement. Nothing in these disclosures waives obligations that applicable law imposes based on the actual conduct of Ownsera, its personnel, or another provider.

4. Short notices for the interface

Near each result: Illustrative market reference as of the date shown. Review assumptions, source coverage, and limitations. This is not a formal appraisal, fairness opinion, or guarantee of a transaction price.

Before an optional AI document upload: Submit only information you are authorized to provide. This feature may send the selected content to the processor identified below to extract or analyze it. Remove unnecessary personal or confidential detail. Review the output before saving or relying on it. Your submission does not authorize general model training.

For insufficient evidence: Available evidence is insufficient to present this as a validated estimate. Any scenario shown is illustrative and depends on the stated assumptions.

For an experimental feature: Experimental method. Predictive accuracy has not been established for this use. Review the assumptions and obtain independent verification.