# AKIN BAY COMPANY LLC X-17A-5 (2026-06-26) — Broker-dealer annual report

- Company: AKIN BAY COMPANY LLC
- Form: X-17A-5
- Filed: 2026-06-26
- Period: 2025-12-31
- Accession: 0000881810-26-000003
- CIK: 881810
- File #: 8-44363
- Type: Broker-dealer
- Material weakness: Yes
- Auditor: Ohab and Company, PA
- Auditor location: Maitland, FL
- Contact: James B Rybakoff
- Phone: 2125839800
- Email: jamesr@akinbay.com
- Website: akinbay.com
- Signed by: James Rybakoff (President & CEO)

Original filing: https://www.sec.gov/Archives/edgar/data/881810/000088181026000003/ABAuditSF2025confidential.pdf

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

# ANNUAL REPORTS FORM X-17A-5 PART III

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SEC FILE NUMBER

|                                                                                                                | FACING PAGE<br>Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 |                 |                                           |  |
|----------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------|-----------------|-------------------------------------------|--|
|                                                                                                                |                                                                                                                          |                 |                                           |  |
| FILING FOR THE PERIOD BEGINNING January 1, 2025 AND ENDING December 31, 2025<br>MM/DD/YY                       |                                                                                                                          |                 | MM/DD/YY                                  |  |
|                                                                                                                | A. REGISTRANT IDENTIFICATION                                                                                             |                 |                                           |  |
|                                                                                                                |                                                                                                                          |                 |                                           |  |
| NAME OF FIRM: AKIN BAY COMPANY LLC                                                                             |                                                                                                                          |                 |                                           |  |
| TYPE OF REGISTRANT (check all applicable boxes):<br>Check here if respondent is also an OTC derivatives dealer | [ Broker-dealer<br>ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.)                                   |                 |                                           |  |
| 780 3rd Ave, 32nd Floor                                                                                        |                                                                                                                          |                 |                                           |  |
|                                                                                                                | (No. and Street)                                                                                                         |                 |                                           |  |
| NEW YORK<br>NY                                                                                                 |                                                                                                                          |                 | 10017                                     |  |
| (City)                                                                                                         | (State)                                                                                                                  |                 | (Zip Code)                                |  |
| PERSON TO CONTACT WITH REGARD TO THIS FILING                                                                   |                                                                                                                          |                 |                                           |  |
| JAMES RYBAKOFF                                                                                                 | (212) 583-9800                                                                                                           |                 | Jamesr@akinbay.com                        |  |
| (Name)                                                                                                         | (Area Code Telephone Number)                                                                                             | (Email Address) |                                           |  |
|                                                                                                                | B. ACCOUNTANT IDENTIFICATION                                                                                             |                 |                                           |  |
| Ohab and Company, PA                                                                                           | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing *                                               |                 |                                           |  |
|                                                                                                                | (Name - if individual, state last, first, and middle name)                                                               |                 |                                           |  |
| 100 E SYBELIA                                                                                                  | MAINTLAND                                                                                                                | FL              | 32751                                     |  |
| (Address)                                                                                                      | (City)                                                                                                                   | (State)         | (Žip Code)                                |  |
| (Date of Registration with PCAOB)(if applicatite)                                                              | FOR OFFICIAL USE ONLY                                                                                                    |                 | (PCAOB Registration Number, if applicable |  |
|                                                                                                                | * Claims for exemption from the requirement that the annual reports of an independent public                             |                 |                                           |  |

accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240.17a-5(e){1)(ii), if applicable.

Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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#### OATH OR AFFIRMATION

| JAMES RYBAKOFF |  |  | , swear (or affirm) that, to the best of my knowledge and belief, the                         |        |
|----------------|--|--|-----------------------------------------------------------------------------------------------|--------|
|                |  |  | financial report pertaining to the firm of AKIN BAY COMPANY LLC                               | las of |
|                |  |  | . 2 025 _ , is true and correct. I further swear (or affirm) that neither the company nor any |        |

partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely as that of a customer.

Signatjere Tifle PRESIDENT/CEC

NO. 01SA6334917

QUALIFIED IN NEW YORK COUNTY

414/36 DAVID SANTOS NOTARY PUBLIC, STATE OF NEW YORK

#### This filing \*\* contains (check all applicable boxes):

- (a) Statement of financial condition.
- [ (b) Notes to consolidated statement of financial condition.
- O (c) Statement of income (loss) or, it there is other comprehensive in the politic((s) firesvilled, in the mind, if the mind, if the mind, if the mind, in the mind. I see in comprehensive income (as defined in § 210.1 02 of Regulation S-X).
- O {d} Statement of cash flows.
- [ (e) Statement of changes in stockholders' or partners' or sole proprietor's equity,
- O (f) Statement of changes in liabilities subordinated to claims of creditors.
- (g) Notes to consolidated financial statements.
- [ (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable.
- [ (i) Computation of tangible net worth under 17 CFR 240.18a-2.
- | |} Computation for determination of customer reserve requirements pursoant to Exhibit A to 17 CFR 200.15c3-3,
- [] {k] Computation tor determination of security based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 17 CFR 240 18a-4, as applicable,
- [ {{} Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3.
- [ {m) Information relating to possession or control requirements for customers under 1 / CFR 240.15c3 3.
- [ (n) Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable.
- O (o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1, or 17 CFR 240.18a-2, as applicable, and the resorve requirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist.
- [ {p) Summary of finaocial data for subsidiaries not consolidated in the statement of financial condition.
- C) {q} Oath or aftirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable.
- 0 {r} Compliance report in accordance with 17 CFR 240.1/a-5 or 17 CFR 240.18a-7, as applicable.
- O (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-1, as applicable.
- O (t) Independent public accountant's report based on an examination of the statement of financial condition.
- [ {u) Independent public accountant's report based on an examination of the financial statements under 17 CFR 240.1/a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable.
- [ [v] Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
- [ (w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
- | (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.17a-12, as applicable.
- [ [y] Report describing any material inadequacies found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a 12(k).
- O (z) Other : \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_
- \*\* To request confidential treatment of chis filing, see 17 CFR 240.170-5(e)[3] or 17 CFR 200.180 7(d)(2), us applicable.

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AKINBAY COMPANY

FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION PURSUANT TO SEC RULE 17a-5 FOR THE YEAR ENDED DECEMBER 31, 2025

This report is decreed CONFIDENTIAL in accordance with Rule 17a-5(e)(3) under the Sccurities and Exchange Act of 1934, A statement of financial condition, bound separately, has been filed with the Sccurities and Exchange Commission simultaneously herewith as a Public Document

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### TABLES OF CONTENTS

#### FOR THE YEAR ENDED DECEMBER 31, 2025

|                                                         | Page |
|---------------------------------------------------------|------|
| Report of Independent Registered Public Accounting Firm | 1    |
| Financial Statements                                    |      |
| Statement of Financial Condition                        | 2    |
| Notes to Financial Statements                           | 3    |

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![](_page_4_Picture_0.jpeg)

100 L. ~, be-Ii;, *Av~* Suite 130 M,1i1lamL 11 .12751

I ckplm11c 407• 7,rn-7 .l I I l·a\ 407 -740-6441

#### REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Members of Akin Bay Company LLC

#### **Opinion on the Financial Statem•nt**

We have audited the accompanying statement of fmanc1al cond1tIon of Akm Bay Company LLC as of December 31 . 2025, and the related notes (collectively referred *to* as the •financial statement") In our op1nIon, the financial statement presents fairly . mall material respects. the financial pos1tIon of Akin Bay Company LLC as of December 31 . 2025 In conformity with accounting principles generally accepted m the United States of America

#### **Basis for Opinion**

This financial statement 1s the responsibility of Akin Bay Company LLC's management. Our responsibility ts to express an opinion on Akin Bay Company LLC 's financial statement based on our audit. We are a pubhc accounting f1rm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to Akin Bay Company LLC m accordance with the U S federal secunt,es laws and the applicable mies and regulations of the Secunt1es and Exchange Commission and the PCAOB

We conducted our audit In accordance with the standards of the PCAOB Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statement 1s free of material misstatement. whether due to error or fraud Our audll included performing procedures to assess the risks of matenal misstatement of the financial statement whether due to error or fraud, and performing procedures that respond to those nsl<s Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures m the financial statements Our audit also included evaluating the accounting principles used and significant estimates made by management. as well as evaluatrng the overall presentation of the financial statements We believe that our audit provides a reasonable basis for our oprrnon

$$\text{``}\mathcal{O}\text{''}\text{''}\text{''}\text{''}$$

We have served as Akin Bay Company LLC's auditor since 2022.

Maitland, Florida

April 14, 2026

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#### **STATEMENT OF FINANCIAL CONDITION**

### **DECEMBER 31, 2025**

| Assets                                 |               |
|----------------------------------------|---------------|
| Cash and cash equivalents              | \$<br>160,103 |
| Accounts receivable                    | l00,263       |
| Security deposit                       | 28,876        |
| Property and equipment, net            | 60,246        |
| Right of lease assets                  | 375,859       |
| Other asset                            | 1,607         |
| Total assets                           | \$<br>726,954 |
| Liabilities and Members' Equity        |               |
| Accounts pay<1ble and accrued expenses | \$<br>35,352  |
| Lease liability                        | 424,927       |
| Loans payable                          | 34,628        |
| Totul Jiubilitie!I·                    | 494,907       |
| Members' equity                        | 232,047       |
| Total liabilities and member.~' equity | \$<br>726,954 |

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# **NOTES TO FINANCIAL STATEMF,NTS**

#### **FOR THE YEAR RNDED DECEMBER 31, 2025**

## **1. NATURE OF OPRRATIONS**

Akin Ray Company LLC (the "Company") is engaged in single line of business as a broker-dealer, which is comprised of several classes of services, including investment banking and financial advisory services. The Company was Organized as a limited liability company under the laws of the State of New York on June 19, 1996. The Company is a broker-dealer registered with the Securities and Exchange Commission {SEC) and is a member oflhe Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC). The Company primarily engages in providing investment banking and advisory services to its clients. The Company is exempt from rule l 5c3-3 of the SEC under footnote 74 of that rule.

#### **2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

# *Basis of Accounting*

Revenues and exrenses are recorded on the accrual basis of accounting in accordance with accounting principles generally accepted in the United Stales of America.

# *Cash and Cash Hquivalents*

The Company considers all highly liquid investments, with original maturities of three months or less when purchased to be cash equivalents.

#### *Accounts Receivable and Credit Loss*

Investment banking revenue that has been earned but not yet collected is recorded as accounts receivable at the amount to which the Company expects to be entitled in accordance with ASC 606, *Revenue from Contracts with Customers.* Accounts receivable represent unconditional rights to consideration and al'e recorded at net realizable value.

The Company records a receivable when its right to consideration becomes unconditional. For advisory and transaction-based arrangements that include contingent or milestone-based tees, revenue and the related receivable are not recognized until the applicable contingency is resolved and the fee becomes fixed or determinable.

Accounts receivable arc evaluated for expected credit losses in accordance **with** ASC 326, *Financial Instruments* - *Credit Losses.* The Company estimales an allowance for credit losses based on historical loss experience, specific customer analysis, current economic conditions, and reasonable an<l supportable forecasts. Write-offs are recorded when amounts are deemed uncollectible.

Accounts receivable are generally unsecured and are expected to be collected within one year.

As of December 31, 2025 and 2024, the accounts receivable balance is \$100,263 and \$0, respectively

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# **NOTES TO FINANCIAL ST A Tfi:MENTS**

# **FOR THE YEAR F.NDED DECEMHRR 31, 2025**

### **2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)**

#### *Property and Equipment*

Property and equipment are recorded at cost. Depreciation for property and equipment is provided using the straight-line method for financial reporting purposes at rates based on the following estimated useful lives:

#### *Cons11l1ing Fees*

The majority of consulting fees are related to independent third parties providing financial analysis.

#### *Significant Judgements*

Revenue from contracts with cuslomers includes fees from investment banking. The recognition and measurement of revem1e is based on the assessment of individual contract terms. Significant judgement is required to determine whether performance obligations arc satisfied at point in time or over time; how to allocate transaction prices where multiple performance obligations are identified; when to recognize revenue based on the appropriate me<1sure of the Company's progress under the contract; whether revenue should be presented gross or net of certain costs; and whether constraints on variable consideration should be applied due to uncertain future events.

#### *Revenue Recognition*

The Company provides investment bc1nking and advisory services. Revenue for advisory arrangements is generally recognized at the point in time that performance under the arrangements is completed.

For certain contrncts, revenue is recognized over time for advisory arrnngements in which the perfonrnnce obligations are simultc1neously provided by the Company and consumed by the customer. Retainers and other fees received from customers are recognized revenue when the performance obligation for providing advisory services is satisfied over time because the customer is receiving c1nd consuming the benelits as they are provided by the Company, At year end, no deferred revenue or open contracts exist. This consists of advisory foes of \$761,0 l 9.

Advisory foes and services include financial analysis, structuring of capital, presentations and strategy for rnising capital. Investment banking usually cover some of the same services and closing a transaction, such <JS raising debt or **M&A.** 

#### *Leases*

The Company leases certain office space. The determination of whether an arrangement is a lease is made at the lease's inception. Under ASC 842, a contract is ( or contains) a lease if it conveys

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# **NOTRS TO FINANCIAL STATEMENTS**

### **FOR TH R YEAR ENDED DECEMBER 31, 2025**

### **2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)**

#### *Leases (Continued)*

the right to control the use ofan identified asset for a period of time in exchange for consideration. Control is defined under the stundard as having both the right to obtain substantially al I of the economic benefits from use of the asset and the right to direct the use of the asset. Management only reassesses its determination if the terms and conditions or the contract are changed.

Operating leases are included in opernting lease right-of-use ("ROU") assets, other current liabilities, and operating **lease** liabilities in our balance sheets.

ROU assets represent our right to use an underlying asset for the lease term, and lec1se liabilities represent our obligation to mc1ke lease payments. Operating lease ROU assets and liubilities arc recognized at the leuse commencement date based on the present vall1e of lease payments over the lease term. The Company uses the implicit rate when it is readily determinable.

Since most of the Company's leases do not provide an implicit rate, to determine the present vulue of leuse payments, management uses the Company's incremental borrowing rate bused on the information availuble at lec1se commencement. Operating lease ROU assets ulso includes any lease payments mude and excludes any lease incentives. Lease expense for lease payments is recognized on a straight-line basis over the lease term, The Company's lease terms may include options to extend or terminc1te the lease when it is reasonubly certain that we will exercise the option.

#### *Income Taxes*

The Company is classified as a Partnership for Federal and New York Stute tux purposes, whereby the Company's income or loss is reported by the partners on their own income tax returns. Accordingly, no provision has been made for Federal and New York State taxes. The Company remains liah le for New York City lJ nincorporated 8 usiness tax. As of December 31, 2025, the Company's tax years for 2024, 2023, and 2022 are subject to exc1mination by the tax authorities.

The Company has evaluated its current tax positions and has concluded that as of December 31, 2025, the Company does not have any significant uncertain tax positions for which a reserve would be necessary.

# *Use of Estimates*

The preparation of financial statements in conformity with generally uccepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets .ind liabilities and disclosures of contingent assets and liabilities at the date of the linanciul statements and the reported amounts of revenues und expenses during the reporting period. Actual results could differ from those estimates.

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# **NOTES TO FINANCIAL STATEMENTS**

# **FOR THE YEAR ENDED DECEMBRR 31, 2025**

# **3. BROKER DEALER- SINGLE REPORTABLE SEGMENT**

On November 27, 2023, the Financial Accounting Standards Iloard (FASB) issued an Accounting Standards Update (ASU) 2023-07, Segment Reporting - Improvements to Reportable Segment Disclosures, which is effective for fiscal years beginning after December 15, 2023, and applies to public entities, which includes Broker-Dealers.

The Company is engaged in single line of business as a broker-dealer, which is comprised of severnl clusses of services, including investment banking and financial advisory services. The Company has identified its President as the Chief Operating Decision Maker ("CODM"), who uses net income to evaluate the results of the business, predominantly in the forecasting process, to manage the Company. Additionally, the CODM uses excess net capital (sec Note 5), which is not of profit and loss, to make operational decisions while maintaining capital adequacy, such as whether to reinvest profits. The Company's operations constitute a single operating segment and therefore, a single reportable segment, because the CODM manages the business activities using information of the Company as a whole. The accounting policies used to measure the profit and loss of the segment are the sume us those descrihcd in the summary of significant accounting policies.

#### **4. PROPERTY AND EQUIPMENT**

The following is a summary of property and equipment less accumulated depreciation us of December 31, 2025.

| Furniture and fixtures                | \$<br>156,124 |
|---------------------------------------|---------------|
| Vehicle                               | 91,728        |
|                                       | 247,852       |
| Less: ace um u la led de prec iati on | (187,606)     |
| Property and equipment, net           | \$<br>60,246  |

Depreciation expense for the year then ended was \$20,249.

# **5. CONCENTRATIONS OF RISK**

The Company maintains its cash halances at a mojor finuncial institution. The balances are insured by the Federal Deposit Insurance Corporation ("FDIC") up to \$250,000. The Company from time to time, has had an umount greater than \$250,000 in cash on deposit.

The Company enguges in various investment banking and advisory services. In the event customers do not fulfill their obligations, the Company may be exposed to small amount of risk relating to its out-of-pocket expenses, The risk of default depends on the creditworthiness of the customers. It is the Company's policy to review, us necessary, the credit standing of each customer.

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# **NOTES TO FINANCIAL STATEMENTS**

### **FOR THE YEAR ENDED DRCKMBER 31, 2025**

# **6. NET CAPITAL REQUIREMENTS**

The Company is subject to the Securities and Exchange Commission Uniform Net Capital Ruic (SEC Rule l 5cJ- I ), which requires the maintenance of minimum net capita 1 and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 lo I. At December 31, 2025, the Company had net capital of \$41,055 which is \$36,055 in excess of its required net capitul of \$5,000. The Company's net capital ratio at December 31, 2025 was 3 to 1.

### **7. RRLATRD PARTIES**

As of December 31, 2025, the Company was engaged with a related party to perform services imd earned \$150,000 which is included in advisory fees.

#### **8. LEASES**

The Company has one office space under long-term non-cancelable operating lease agreements. The lease expires on October 31, 2028 and provide for renewal options ranging from one year to five years. The Company includes in the determination of the right-of-se use assets and lease liabilities any renewal options when the options are reasonably certain to be exercised. Our operating lease provides for increase in future minimum annual rental payments.

The weight-average discount rate is based on the discount rate implicit rate in the lease. If the implicit rate is not readily determinable from the lease, the Company estimate an applicable incremental borrowing rate. The incremental borrowing rate is estimate using our applicable borrowing rntes and the contractual lease.

The Company had a month-to-month leiise during the year which it paid a total of \$98, I 04. The Company has elected not to apply the recognition requirements of Topic 842 to the short•term lease.

'J 'ota I right-of-use assets and lease Ii ab i Ii ties at December 3 I , 202 5 are as follows:

# Lease Assets - (·lass i ficat ion i 11 Statement of I·' i nanc ial Posit ion

| Operating right-of-use assets -<br>Other assets | \$<br>375,859 |
|-------------------------------------------------|---------------|
| Total leased right-of-use assets                | \$<br>375,859 |

Total lease cost for the year ended December 31, 2025 is \$151,671.

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# **NOTES TO FINANCIAL ST A TF.MENTS**

# **FOR THE YEAR ENDED DECEMBER 31, 2025**

# **8. LEASES (Continued)**

The following summarizes the weighled-average remaining lease term and weight-average discount rate:

| Weighted-average remaining lease term in yeurs:<br>Operating leases | 2.5   |
|---------------------------------------------------------------------|-------|
| Weighted-average discount rate:<br>Opernting leases                 | 7.79% |

The future of min irnum lease payments under noncancelable operating lease with terms greater than one year are listed below:

| December 31,                       | 012erating    |
|------------------------------------|---------------|
| 2026                               | 165,760<br>\$ |
| 2027                               | 165,760       |
| 2028                               | 143,874       |
| Total lease payments               | 475,394       |
| Less interest                      | (50,467)      |
| Present value of lease liabilities | \$<br>424,927 |

### **9. LOANPAYABLE**

Loan payable represent financing arrangements entered into for the purchase of a company vehicle used in operations. The loan is secured by the underlying vehicle.

As of December 31, 2025, loans payable totaled \$34,628. The loan bears interest at a fixed rate of 7.79% and requires monthly payments of principal and interest through its maturity date of March 2029.

Future minimum principal payments on vehicle on loans payable are as follows:

*Year ending December 31,* 

| 2026 | 10,288<br>\$ |
|------|--------------|
| 2027 | 10,288       |
| 2028 | 10,288       |
| 2029 | 3,764        |
|      | \$<br>34,628 |

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# **NOTES TO FINANCIAL STATEMENTS**

### **FOR THE YEAR ENDED DECEMBER 31, 2025**

### **10. COMPANY CONDITIONS**

The Company has a loss of \$64,384 for the year ending December 3 I, 2025 and has received capital contributions from its members for working capital. The Company's member has represented that he intends to continue making capital contribution, as needed, to ensure the Company's continuing operations. The member has the financial wherewithal to continue contributing, as required.

Management expects the Company to continue as a going concern and the accompanying financial statement have been prepared on a going-concern without adjustments for realization in the event the Company ceases to continue as a going concern.

#### **11. SUBSEQUENT EVENTS**

The Company has evaluated all subsequent events through April 14, 2026 the date which the financial statements were issued. There are no other material effects that will affect financial statements.


Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.