# LIGHTHOUSE CAPITAL GROUP, LLC X-17A-5 (2026-02-13) — Broker-dealer annual report - Company: LIGHTHOUSE CAPITAL GROUP, LLC - Form: X-17A-5 - Filed: 2026-02-13 - Period: 2025-12-31 - Accession: 0001586740-26-000002 - CIK: 1586740 - File #: 8-69350 - Type: Broker-dealer - Material weakness: No - Auditor: Anson, Brian, W - Auditor location: TARZANA, CA - Contact: Warren Thomas - Phone: (626) 564-1031 - Email: omas@jrw.com - Website: jrw.com - Signed by: Warren Thomas (Managing Member) Original filing: https://www.sec.gov/Archives/edgar/data/1586740/000158674026000002/2025LCGCertAudfull.pdf --- {0}------------------------------------------------ FINANCIAL STATEMENTS AND ACCOMPANYING SUPPLEMENTARY INFORMATION REPORT PURSUANT TO SEC RULE 17a-5(d) FOR THE YEAR ENDED DECEMBER 31, 2025 {1}------------------------------------------------ # Table of Contents ### SEC FormX-17A-5 Report of Independent Registered Public Accounting Firm Statement of Financial Condition Statement of Operations Statement of Changes in Members' Equity Statement of Cash Flows Notes to Financial Statements Supplementary Information | Schedule I | Statement of Net Capital | | | |---------------------------------------------------------|-----------------------------------------------|--|--| | Schedule II | Determination of Reserve Requirements | | | | Schedule III | Information Relating to Possession or Control | | | | Assertions Regarding Exemption Provisions | | | | | Report of Independent Registered Public Accounting Firm | | | | {2}------------------------------------------------ | | UNITED STATES | | nMs APP0"VAI | |-----------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------|---------------|----------------------------------------------------| | SECURITIES AND EXCHANGE COMMISSION | | | OMS Number: 3235--0123 | | Washington, D.C. 20549 | | | Expires: Nov. 30, 2026
Estimated average burden | | | | | hours per response: 12 | | | ANNUAL REPORTS | | SE.C FILE NUMBER | | | FORM X-17A-5 | | 8-69350 | | | PART Ill | | | | | | | | | Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 | FACING PAGE | | | | | 0_1_ /0_1__/25 ____ | | 1_2_/3_1 __/25 ___ _ | | FILING FOR THE PERIOD BEGINNING __ | MM/DD/YY | AND ENDING __ | MM/DD/VY | | | | | | | | A. REGISTRANT IDENTIFICATION | | | | _ig_h_ th_o__ us_eC_a__ p_it_a
NAME oF FIRM: _L | _l _G_ro__u_p_, _L | | L_C _________ _ | | | | | | | TYPE OF REGISTRANT (check all applicable boxes): | | | □ Major security-based swap participant | | 0 Broker-dealer
D Check here if respondent is also an OTC derivatives dealer | D Security-based swap dealer | | | | | | | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | | 1055 E Colorado B lvd, Su | ite 310 | | | | | (No. and Street) | | | | Pasade
na | CA | | 91106 | | (City) | (State) | | (Zip Code) | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | Warren Th
omas | wth
(626) 564-1031 | | omas@jrw.com | | (Name) | (Area Code - Telephone Number)
( Email Address) | | | | | B. ACCOUNTANT IDENTIFICATION | | | | | | | | | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing* | | | | | Brian W. Anson, CPA | | | | | | (Name -if individual, state last, first, and middle name) | | | | 10455 Burbank Blvd, Suite 406 | Tarza
na | CA | 91356 | | (Address) | (City) | (State) | (Zip Code) | | 09/15/2005 | | 2370 | | | (PCAOB Registration Number, if applicable)
(Date of Registration with PCAOB}(if applicable) | | | | | | FOR OFFICIAL USE ONLY | | | | • Oaims for exemption from the requirement that the annual reports be covered by the 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)(l)(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 II currently valid 0MB control number.** {3}------------------------------------------------ #### **OATH OR AFFIRMATION** | I, Warren Thomas | swear (or affirm) that, to the best of my knowledge and belief, the | | |-------------------------------------------------------------------------|---------------------------------------------------------------------|-------| | financial report pertaining to the firm of Lighthouse Capital Group LLC | | as of | December 31 **2� 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.** **Title:** Managing Membe: #### **This filing\*\* contains (check all applicable boxes):** - l!!!i (a) Statement of financial condition. - □ (b) Notes to consolidated statement of financial condition. - I!!!! (c) Statement of income (loss) or, if there is other comprehensive income in the period(s) presented, a statement of comprehensive income (as defined in§ 210.1-02 of Regulation S-X). - I!!!! (d) Statement of cash flows. - l!!!i (e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - □ **(f)** Statement of changes in liabilities subordinated to claims of creditors. - l!!!i (g) Notes to consolidated financial statements. - I!!!! (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable. - D (i) Computation of tangible net worth under 17 CFR 240.18a-2. - D **0)** Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3. - D (k) Computation for 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. - 0 {I) Computation for Determination of PAB Requirements under Exhibit A to§ 240.15c3-3. - l!!!i (m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - D (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. - l!!!i (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 reserve 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 financial data for subsidiaries not consolidated in the statement of financial condition. - l!!!i (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable. - D (r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - l!!!i (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - □ (t) Independent public accountant's report based on an examination of the statement of financial condition. - I!!!! (u) Independent public accountant's report based on an examination of the financial report or financial statements under 17 CFR 240.17a-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. - I!!!! {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. - D (x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e or 17 CFR 240.17a-12, as applicable. - D (y) Report describing any material inadequacies found to exist or 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). - □ (z ) Other: \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_ \_\_\_ \_\_ \_ - *0To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e}{3) or 17 CFR 240.18a-7{d}{2), as applicable.* {4}------------------------------------------------ ### **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** To the Members' and Board of Members of Lighthouse Capital Group, LLC #### **Opinion on the Financial Statements** I have audited the accompanying statement of financial condition of Lighthouse Capital Group, LLC as of December 31, 2025, the related statements of operations, changes in members' equity, and cash flows for the year then ended, and the related notes (collectively referred to as the financial statements). In my opinion, the financial statements present fairly, in all material respects, the financial position of Lighthouse Capital Group, LLC as of December 31, 2025, and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** These financial statements are the responsibility of Lighthouse Capital Group, LLC's management. My responsibility is to express an opinion on Lighthouse Capital Group, LLC's financial statements based on my audit. I am a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and am required to be independent with respect to Lighthouse Capital Group, LLC in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. I conducted my audit in accordance with the standards of the PCAOB. Those standards require that I plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. My audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. My audit also included evaluating the accounting principles used and significant estimates made by management, as evaluating the overall presentation of the financial statements. I believe that my audit provides a reasonable basis for my opinion. #### **Auditor's Report on Supplemental Information** The information contained in Schedule I, II, and III ("Supplemental Information") has been subjected to audit procedures performed in conjunction with the audit of the Lighthouse Capital Group, LLC's financial statements. The Supplemental Information is the responsibility of the Lighthouse Capital Group, LLC's management. My audit procedures included determining whether the Supplemental Information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the Supplemental Information. In forming my opinion on the Supplemental Information, I evaluated whether the Supplemental Information, including its form and content is presented in conformity with 17 C.F .R. § 240. l 7a-5. In my opinion, Schedules I, II, and III are fairly stated, in all material respects, in relation to the financial statements taken as a whole. Certified Public Accountant I have served as Lighthouse Capital Group, LLC's auditor since 2014. Tarzana, California February 2, 2026 {5}------------------------------------------------ ### Statement of Financial Condition December 31, 2025 #### ASSETS | Cash | \$
276,620 | |---------------------------------------|---------------| | Commissions Receivable | 529,589 | | Other Assets | 48,947 | | Total Assets | \$
855,156 | | LIABILITIES AND MEMBERS' EQUITY | | | LIABILITIES | | | Commissions Payable | \$
316,653 | | Due to Related Parties | 33,114 | | Accrued Expenses | 5,000 | | Total Liabilities | 354,767 | | MEMBERS' EQUITY: | | | Members' Equity | 500,389 | | Total Members' Equity | 500,389 | | Total Liabilities and Members' Equity | \$
855,156 | {6}------------------------------------------------ ### Statement of Operations For the year ended December 31, 2025 #### REVENUES: | Commission Income | \$
13,251,199 | |------------------------------------|------------------| | Mutual FWids Commission Income | 6,472 | | Interest Income | 12,515 | | Total income | 13,270,186 | | EXPENSES: | | | Commissions/Referrals Paid | 6,583,771 | | Consulting Expenses | 6,414,000 | | Regulatory and Compliance Expenses | 54,749 | | Payroll expenses | 149,752 | | Professional Fees | 58,434 | | Rent expense | 3,619 | | Insurance expense | 27,585 | | Other Expenses | 39,739 | | Total expenses | 13,331,649 | | LOSS BEFORE INCOME TAXES | (61,463) | | INCOME TAX PROVISION | | | Income tax expense | 12,590 | | NETWSS | \$
(74,053) | {7}------------------------------------------------ Statement of Changes in Members' Equity For the year ended December 31, 2025 | | Total
Members'
Equity | | |-----------------------------------|-----------------------------|----------| | Beginning Balance January 1, 2025 | \$ | 673,995 | | Members' Distributions | | (99,553) | | Net Loss | | (74,053) | | Ending Balance December 31, 2025 | \$ | 500,389 | {8}------------------------------------------------ ### Statement of Cash Flows For the year ended December 31, 2025 #### CASH FLOWS FROM OPERATING ACTIVITIES: | Net Loss | | \$
(74,053) | |--------------------------------------------------|----------------------------------------------------------------------------------|----------------| | | Adustments to reconcile net income to net cash provided by operating activities: | | | (Increase in) Decrease in: | | | | Commissions Receivable | | 193,815 | | Other Assets | | 4,247 | | Increase in ( Decrease in): | | | | Commissions Payable | | (89,983) | | Due to Related Parties | | 5 501 | | | Total Adjustments | 113,580 | | | Net Cash provided by Operating Activities | 39,527 | | CASH FLOWS FROM FINANCING ACTIVITIES: | | | | | Members' Distributions | (99,553) | | | Net cash used in financing activities | (99,553) | | Decrease In Cash | | (60,026) | | | Cash -
Begirming of Period | 336,646 | | | Cash-
End of Period | \$
276,620 | | Supplemental disclosure of cash flow information | | | | Cash paid during the year for: | | | | | Income taxes | \$
12,590 | | | Interest | -0- | {9}------------------------------------------------ # Note 1: GENERAL AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES # *General* Lighthouse Capital Group LLC, (the "Company"), was formed in April, 2013, in the State of California as a limited liability company. The Company is registered as a broker-dealer with the Securities and Exchange Commission ("SEC") and is a member of the Financial Industry Regulatory Authority ("FINRA") and the Securities Investor Protection Corporation ("SIPC"). The Company is authorized to engage in private placements of securities. The Company does not hold customer funds or safeguard customer securities. # *Summary of Significant Accounting Policies* The presentation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. The Company, with the consent of its Members, has elected to be a Limited Liability Company. For tax purposes, the Company is treated like a partnership, therefore in lieu of business income taxes, the Members are taxed on the Company's taxable income. Accordingly, no provision or liability for Federal Income Taxes is included in these financial statements. The State of California has similar treatment, although there exists a provision for a minimum Franchise Tax of \$800 plus a fee based upon gross receipts. The Company is subject to audit by the taxing agencies for years ending December 31, 2022, 2023 and 2024. The management has reviewed the results of operations for the period of time from its year ended December 31, 2025 through February 2, 2026 the date the financial statements were available to be issued and have determined that no adjustments are necessary to the amounts reported in the accompanying financial statements nor have any subsequent events occurred, the nature of which would require disclosure. Segment Reporting: The Company is engaged in a single line of business as a securities broker dealer, which is comprised of one class of service. The Company has identified its President as the chief operating decision maker, who uses net income to evaluate the results of the business, predominantly in the forecasting process, to manage the Company. {10}------------------------------------------------ Additionally, the President uses excess net capital, which is not a measure of profit and loss, to make operational decisions while maintaining capital adequacy, such as whether to reinvest profits or pay dividends. The Company's operations constitute a single operating segment and therefore, a single reportable segment, because the President manages the business activities using information from the Company as a whole. The accounting policies used to measure the profit and loss of the segment are the same as those described in the summary of significant accounting policies. F ASB ASC 820 defines fair value, establishes a framework for measuring fair value, and establishes a fair value hierarchy which prioritizes the inputs to valuation techniques. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A fair value measurement assumes that the transaction to sell the asset or liability or, in the absence of a principal market, the most advantageous market for the asset or liability. Valuation techniques that are consistent with the market, income or cost approach, as specified by F ASB ASC 820 are used to measure fair value. ### Note 1: GENERAL AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued) The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three broad levels: Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities the Company has the ability to access. Level 2 inputs are inputs ( other than quoted prices included within Level 1) that are observable for the asset or liability, either directly or indirectly. Level 3 are unobservable inputs for the asset or liability and rely on management's own assumptions about the assumptions that market participants would use in pricing the asset or liability. (The unobservable inputs should be developed based on the best information available in the circumstances and may include the Company's own data.) There were no levels to measure at December 31, 2025. {11}------------------------------------------------ ### ASC606-REVENUE RECOGNITION POLICY Revenue is measured based on a consideration specified in a contract with a customer, and excludes any sales incentives and amounts collected on behalf of third parties. The Company recognizes revenue when it satisfies a performance obligation by transferring control over a product or service to a customer. Fees earned: This may include fees earned from affiliated entities, administrative fees, revenue from research services, 12b-1 fees. ### Note 2: INCOME TAXES The Company is subject to a limited liability company gross receipts fee of \$11,790 and a minimum franchise tax of \$800 as if the Company files taxes on a stand-alone basis. The Company files a consolidated tax return and the taxes are paid by the parent. ### Note 3: RELATED PARTY TRANSACTIONS Lighthouse Capital Group, LLC is fully owned by Lighthouse Capital Holdings, LLC. Throughout the year, Lighthouse Capital Group, LLC shared certain expenses such as rent \$3,619, professional fees \$28,620, salaries \$149,752 and health insurance benefits \$11,775, etc. with JRW Investments, ExchangeRight Real Estate and Telos Capital. During 2025, this amount totaled \$195,271 of which \$162,157 was paid at December 31, 2025. The balance of \$33,114 has been paid by the date of the audit, February 2, 2026. Lighthouse Capital Group's total rent expense for the year of \$3,619 was paid to an affiliate. Lighthouse Capital Group, LLC earned revenues from ExchangeRight Real Estate and Telos Capital during 2025. Revenues from these related parties totaled \$11,189,988. #### Note 4: COMMITMENTS AND CONTINGENCIES During the year ended December 31, 2025, the Company was not engaged in any litigation and there were no open matters at year end. {12}------------------------------------------------ ### Note 5: NET CAPITAL The Company is subject to the Securities and Exchange Commission Uniform Net Capital Rule (SEC rule 15c3-1 ), which requires the maintenance of minimum net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. Net capital and aggregate indebtedness change day to day, but on December 31, 2025 the Company had a minimum net capital requirement of the greater of \$5,000 or 6 2/3% of aggregate indebtedness or \$23,651. The Company's actual net capital of \$208,017 was \$184,366 in excess of its required net capital of \$23,651. The Company's ratio of aggregate indebtedness \$354,767 to net capital was 1. 71 to 1, which is less than the 15 to 1 maximum ratio allowed for a broker dealer. {13}------------------------------------------------ ### **Schedule** I Statement of Net Capital For the year ended December 31, 2025 | | | FOCUS 12/31/25 Audit 12/31/25 | | Change | |------------------------------------------------|----|-------------------------------|---------------|--------| | Members' Equity, December 31, 2025 | \$ | 500,389 | \$
500,389 | \$ | | Subtract -
Non allowable assets: | | | | | | Accounts Receivable | | 243,871 | 243,871 | | | Other Assets | | 48,501 | 48,501 | | | Tentative Net Capital | | 208,017 | 208,017 | | | Haircuts | | 0 | 0 | | | Net Capital | | 208,017 | 208,017 | | | Minimum Net Capital | | 23,651 | 23,651 | | | Excess Net Capital | \$ | 184,366 | \$
184,366 | | | Aggregate Indebtedness | | 354,767 | 354,767 | 0 | | Ratio of Aggregate Indebtedness to Net Capital | | 1.71 | 1.71 | | There were no differences between the Audit and FOCUS at December 31, 2025. {14}------------------------------------------------ #### **Schedule** II Determination of Reserve Requirements Under Rule 15c3-3 (e) of the Securities and Exchange Connnission December 31, 2025 The Company has no reserve deposit obligations under SEC 15c3-3 ( e) because it is a "non-covered" firm pursuant to footnote 74 to SEC Release 34-70073 and therefore is not subj ect to the Rule. # **Schedule m** Information Relating to Possession or Control Requirements Under Rule 15c3-3 (b) of the Securities and Exchange Connnission December 31, 2025 The Company has no possession or control obligations under SEC 15c3-3 (b) because it is a "non-covered" firm pursuant to footnote 74 to SEC Release 34-70073 and therefore is not subject to the Rule. {15}------------------------------------------------ **BRIAN W. ANSON** *Certified Public Accountant* 1 8455 Burbank Blvd., Suite 406, Tarzana, CA 9 1356 • Tel. (8 1 8) 636-5660 # **REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM** Board of Members Lighthouse Capital Group LLC Pasadena, California I have reviewed management's statements, included in the accompanying SEC Rule 1 5c3-3 Exemption Report in which Lighthouse Capital Group LLC, stated that Lighthouse Capital Group LLC's, business activities are (1) effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not the Company (2) participating in distributions of securities ( other than firm commitment underwritings) in accordance with the requirement of paragraphs (a) or (b)(2) of Rule 1 5c2-4 and The Company (1) did not directly or indirectly receive, hold, or otherwise owe funds or securities or to customers, ( other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) or Rule 1 5C2-4 and/or funds received and promptly transmitted for effecting transactions via subscription on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company); (2)and that it has not held customer funds or securities of or for its customers; and (3) did not carry P AB accounts (as defined in Rule 1 5c3-3) throughout the most recent year ended December 3 1, 2025, without exception. Lighthouse Capital Group LLC's management is responsible for compliance and is not subject to the provisions set forth in Rule 1 5c3-3 under the Securities and Exchange Act of 1934 and its statements. My review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and accordingly, included inquiries and other required procedures to obtain evidence about Lighthouse Capital Group LLC' s declaration concerning the provisions set forth in Rule 1 5c3-3 under the Securities Exchange Act of 1934. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, I do not express such an opinion. Based on my review, I am not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based on the provisions set forth in Footnote 74 to SEC Release 34-70073. � Brian W. Anson Certified Public Accountant Tarzana, California February 2, 2026 {16}------------------------------------------------ ### **Lighthouse Capital Group, LLC Exemption Report** Lighthouse Capital Group, LLC (the "Company") is a registered broker-dealer subject to Rule l 7a-5 promulgated by the Securities and Exchange Commission ( 17 C.F .R. §240. l 7a-5, "Reports to bemade by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. § 240. l 7a-5(d)(l) and (4). To the best of its knowledge and belief, the Company states the following: - (1 ) The Company does not claim an exemption under paragraph (k) of 17 C.F.R. § 240. l 5c3-3, and - <2) The Company is filing this Exemption Report relying on Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240. I 7a-5 because the Company limits its business activities exclusively to: (I) effecting securities transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company (2) participating in distributions of securities ( other than firm commitment underwritings) in accordance with the requirements of paragraphs (a) or (b )(2) of Rule l 5c2-4 and The Company (1) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b )(2) of Rule 1 5c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company); (2) did not carry accounts of or for customers; and (3) did not carry PAB accounts (as defined in Rule 1 5c3-3) throughout the year ending December 31, 2025 without exception. Lighthouse Capital Group, LLC **By: 0�** Title: UCLY\llqinq Partner February 2, 2026 Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.