# SCALEVIEW SECURITIES LLC X-17A-5 (2026-02-19) — Broker-dealer annual report - Company: SCALEVIEW SECURITIES LLC - Form: X-17A-5 - Filed: 2026-02-19 - Period: 2025-12-31 - Accession: 0001910138-26-000001 - CIK: 1910138 - File #: 8-70880 - Type: Broker-dealer - Material weakness: No - Auditor: Sanville & Company, LLC - Auditor location: DALLAS, TX - Contact: Richard Amsberry - Phone: 214-360-9822 - Signed by: JAY SNODGRASS (PRESIDENT) Original filing: https://www.sec.gov/Archives/edgar/data/1910138/000191013826000001/svsaudit25.pdf --- {0}------------------------------------------------ Scaleview Securities, LLC Financial Statements and Supplemental Schedules Required by the Securities and Exchange Commission For the Year Ended December 31, 2025 (With Reports of lndependent Registered Public Accounting Firm Thereon) {1}------------------------------------------------ ## SCALEVIEW SECURITIES, LLC December 3'1, 2025 | Contents | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | United States Securities and Exchange Commission's | | Facing Page | | Oath or Affirmatron
ii | | Report of lndependent Registered Public Accounting Firm
1 | | Financial Statements | | Statement of Financial CondiUon
3 | | Statement of Operati0ns
4 | | Statement of Changes in Membels Equity.
.5 | | Statement of Cash Flows
6 | | I
Notes to the Financial Statements
7 | | Supplemental lnformation | | Schedule I: Computation of Net Capital Under Rule 15c3-1 of the Securitres and Exchange Commission
10 | | Schedule ll & lll: Computation for Determination of Reserve Requirements and lnformation Relating
to Possession or Control Requirements Under Rule 15c3-3 of the Secunties and Exchange Commission
11 | | Report of lndependent Registered Public Accounting Firm on Management Exemption Report
12 | | | | | {2}------------------------------------------------ | | UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 | | OMB APPROVAL
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hours per response: 12 | |----------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------|-----------------------|-----------------------------------------------------------------------------------------------------------------------| | | ANNUAL REPORTS | | | | | FORM X-17A-5 | | SEC FILE NUMBER
8-70880 | | | PART III | | | | | FACING PAGE
Intormation Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934 | | | | FILING FOR THE PERIOD BEGINNING 1/01/2025 | MM/DD/YY | AND ENDING 12/31/2025 | MM/DD/YY | | | A. REGISTRANT IDENTIFICATION | | | | | | | | | NAME OF FIRM: Scaleview Securities LLC | | | | | TYPE OF REGISTRANT (check all applicable boxes):
Check here if respondent is also an OTC derivatives dealer | Broker-dealer __ Security-based swap dealer __ Major security-based swap participant | | | | | ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.) | | | | | 3755 S. Capital of Texas Highway, Suite 105 | | | | | (No. and Street) | | | | Austin | X | | 78704 | | (City) | (State) | | (Zip Code) | | PERSON TO CONTACT WITH REGARD TO THIS FILING | | | | | Richard Amsberry | 214-360-9822 | | rickamsberry@earl | | (Name) | (Area Code - Telephone Number) | (Email Address) | | | | B. ACCOUNTANT IDENTIFICATION | | | | Sanville & Company, LLC | INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing * | | | | | (Name - if individual, state last, first, and middle name) | | | | 325 North Saint Paul St. Ste. 3100 Dallas | | X | 75201 | | (Address) | (City) | (State) | (Zip Code) | | 09/18/2003 | | 169 | | | | | | (PCAOB Registration Number, if applicable) | | (Date of Registration with PCAOB) (if applicable) | FOR OFFICIAL USE ONLY | | | {3}------------------------------------------------ #### OATH OR AFFIRMATION swear (or affirm) that, to the best of my knowledge and belief, the I, Jay Snodgrass , as of l, Jay Snodgrass financial report pertaining to the firm of Sealeview Securities LCC financial report pertaining to the names in true and correct , 2 025 , is true and correct. I further swear (or affirm) that neither the company nor any 12/31 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. > DANIEL I LAMB My Notary ID # 135513275 Expires May 14, 2029 | gnature: | | |----------|--------| | itle: | Managa | Notary Public # This filing\*\* contains (check all applicable boxes): - (a) Statement of financial condition. - [b) Notes to consolidated statement of financial condition - L (q) Notes to consuluated statencif of mianelar connechensive income in the period(s) presented, a statement of comprehensive income (as defined in § 210.1-02 of Regulation S-X). - @ (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 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. - [1] Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3. - = (m) Collipotation rol Develop or control requirements for customers under 17 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. - 240.150.250.25031310117 Critz Ropropriate explanations, of the FOCUS Report with computation of net capital or tangible net (o) Reconcillations, increating opproprior and the reserve requirements und the reserve requirements under 17 worth under 17 CFR 240.188-4, as applicable, if material differences exist, or a statement that no material differences exist. - [ - (p) Summaly of million in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable. - [r] Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - [s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - [1] 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 240.17a-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. - | { } 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 240.17-12, as applicable. - [y) Report describing ary 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: - \* To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(d)/2), os applicable {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) ## Report of lndependent Registered Public Accounting Firm To the Member and Those Charged With Governance Scaleview Securities LLC ## Opinion on the Financial Statements We have audited the accompanying statement of financial condition of Scaleview Securities LLC (the Company) as of Decembet 37, 2025, the related sta:ements of operations, changes in member's equity, and cash flows for the year then ended, and the related notes to the financial statements (collectively, the financial statements). ln our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 3L,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. # Emphas:s of Matter - Going Concern The accompanying fina.:cial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note G to the financial statements, the company does not generate revenues and relies on financial support from its parent company to fund :ts operations. This condition raises subslantial doubt about the Company's ability to continue as a going concern for a period of one year from the date the financial statements are issued. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. our opinior is not modified in respect of this matler. ## Basis tor opinion These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on the Company's financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Company in accordance with U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the slandards of the PCAOB. Those standards require that we 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. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit, we are required to obtain an understanding of internal control over financial reporting but not fol the purpose of expressing an opinion on the effecliveness of the Company's internal control over financial reporting. Accordingly, we express no such opinion. our 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. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating > 325 North Saint Paul Street Suite 3100 Dallas, Texas 75201 21,4 .7 38 .L99a {5}------------------------------------------------ the overall presentation o, the financial statements. We believe that our audit provides a reasonable basis for our opinion. ### Supplemental lnformation The supplementary information contained in Schedule l, Computatron of Net Capital Under SEC Rule 15c3-1, Schedule ll, Computation for Determination of Reserve Requirements Under SEC Rule 15c3-3, and Schedule lll, lnformation Relating to the Possession or Control Requirements Under SEC Rule 15c3-3 has been subjected to audit procedures performed in conjunction with the audit of the Company's financial statements. The supplemental information is the responsibility of the Company's management. Our 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. ln forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 C.F.R. S 240.17a-5. ln our opinion, the supplementary information contained in Schedule l, Computation oI Net Capital Under SEC Rule 15c3-1, Schedule ll, Computation for Determination of Reserve Requirements Under SEC Rule 15c3-3, and Schedule lll, lnformation Relating to the Possession or Control Requirements Under SEC Rule 15c3-3 is fairly stated, in all material respects, in relation to the financial statements as a whole. We have served as the Company's auditor since 2022. Sarr\*ri%, / &,.'rf"Z //C Sanville & Company, LLC Dallas, Texas January 30, 2026 {6}------------------------------------------------ # SCALEVIEW SECURITIES LLC Statement of Financial Condition December 31, 2025 ## ASSETS | Cash and cash equivalents
Prepaid expense | S | 7,727
3,216 | |----------------------------------------------|---|----------------| | TOTAL ASSETS | S | 10,943 | | | | | | LIABILITIES AND MEMBER'S EQUITY | | | | LIABILITIES | | | | Accounts Payable | | | | TOTAL LIABILITIES | | | | MEMBER'S EQUITY | | | | Member's equity | | 10.943 | | TOTAL MEMBER'S EQUITY | | 10,943 | | TOTAL LIABILITIES AND MEMBER'S EQUITY | S | 10,943 | The accompanying notes are an integral part of these financial statements. {7}------------------------------------------------ # SCALEVIEW SECURITIES LLC Statement of Operations For the year ending December 31, 2025 | Revenues | | |----------------------------|----------| | Total Revenues | | | Operating Expenses | | | Professional fees | 26,068 | | Telecommunications | 6,072 | | Regulatory fees | 3,170 | | Rent | 3,720 | | General and administrative | 1,007 | | Total Expenses | 40,037 | | Net loss | (40,037) | The accompanying notes are an integral part of these financial statements. {8}------------------------------------------------ # SCALEVIEW SECURITIES LLC Statement of Changes in Member's Equity For the year ending December 31, 2025 | | | Total
Member's
Equity | | |----------------------------------|---|-----------------------------|--| | Balances at
December 31, 2024 | S | 10,380 | | | Cash contributions | | 28,000 | | | Non-cash contributions | | 12,600 | | | Net loss | | (40,037) | | | Balances at
December 31, 2025 | S | 10,943 | | The accompanying notes are integral part of these financial statements. {9}------------------------------------------------ # SCALEVIEW SECURITIES LLC Statement of Cash Flows For the year cnding Deccmber 37,2025 | Cash Flows From Operating Activities: | | | |----------------------------------------------------|----|-------------| | Net Loss | | \$ (40.037) | | Adjustments to reconcile net loss to | | | | net cash used in operating activities: | | | | Non-cash capital contribulions | | 12,600 | | (lncrease) decrease in other assets | | 319 | | Net cash provided (used) in Operating Aclivities | | (27,1 1 8) | | Cash Flows From Investing Activitics: | | | | | | | | Net cash provided (used) in Investing Activities | | | | Cash Florvs From Financing Activities: | | | | Cash contributed | | 28,000 | | Net cash provided (used) in Financing Activities | | 28,000 | | Net decrease in cash and cash equivalents | | 882 | | Cash and cash equivalents at beginning of year | | 6,845 | | Cash and cash equivalents at end ofyear | \$ | 7,727 | | Supplcmental Disclosures of Cash Flow Information: | | | | Cash paid during the year for: | | | | Interest | :t | | Income taxes The accompanying notes are an integral part ofthese financial statements. ti {10}------------------------------------------------ ## SCALEVIEW SECURITIES. LLC NOTES TO FINANCIAL STATEMENTS December 3l, 2025 # NOTE A NATURE OF BUSINESS AND SUMMARY OF ACCOUNI'ING POLICIES #### ( )rcan ization Scaleview Securities. LLC (the Company) was formed as a Texas Limited Liability Company' in January 2022. The Company became a registered broker-dealer with the Securities and Exchange Commission (SEC) on Jawary 24, 2023, and is a member of the Financial lndustry Regulatory Authority (FINRA) and Securities lnvestor Protection Corporation (SIPC). The Company is considered a Non-Covered Firm exempt from l7 C.F.R. \$ 240.15c3-3 relying on Footnote 74 ofthe SEC Release No. 34-700'73 adopting amendments to l7 C.F.R. \$240.1 7a-5. The Company's operations currently consist primarily of engaging in private placements of securities acting as a consultant for mergers and acquisitions. #### Basis of Accountinq The financial statements of the Company have been prepared on the accrual basis of accounting and accordingly reflect all significant receivables, payables, and other liabilities. #### Cash and Cash Equivalents The Company considers as cash all short-term investmcnts with an original maturily of three months or less to be considered cash and cash equivalents. #### Accounts Reccirable Recognition ol'Bad l)ebt The Corporation considers accounts receivable to be fully collectible; accordingly, no allorvance tbr doubtful accounts is required. If amounts become uncollectible, they will be charged to operations when that determinalion is made. #### Concentration ol Credit Risk Financial instrurnents that potentially subject the Company to concentrations of credit risk consist primarill' of cash and cash equivalents. All ofthe Company's cash and cash equivalenls are held al high credit qualiry financial institutions. #### Revenue Recognilion Revenue from contracls Rith customers includes commission income and rclated lees liom parlicipation in private placements of equity securities. The rccognition and measurement of revenue is based on the assessrnent of individual contract terms. Significant judgement is required to determine whether performance obligations are satisfied at a point in time or over tirne; how to allocate transaction prices where multiple perfcrrmancc obligations are identified: when to recognize revenue based on the appropriate measure of the Company's progress under the contract; and whether constraints on variable consideration should be applied due to uncertain future events. {11}------------------------------------------------ ### SCALEVIEW SECURITIES, LLC NOTf,S TO FINANCIAL STATEMENTS December 31,2025 ## NOTE A \_ NATURE OF BUSINESS AND SUMMARY OF ACCOUNTING POLICIES, continued. The Company participates in the private placement offerings on behalf of its parent company, Scalevierv Partners. LLC. Each time a customer enters into a buy transaction, the Company charges a commission. Commissions are recognized on the trade date (the date the Company fills the trade order, receives the customer subscription funding and confirms the trade with the customer). The Company believes that the performance obligation is satislled on the trade date because that is when the underlying private placement interest is identified, the pricing is agreed upon and lhe risks and rewards of ownership have been transl'erred to the customer. These amounts are considered variable consideration as the uncertainty is dependent on the achievement of certain levels of investment have been reached as specified in the private placement memorandums, which is highly susceptible to factors outside the Company's inlluence. Revenues are recognized once it is probable that a significant reversal will not occur. #### lncome Taxes Eff'ective January 25, 2022. the Company became a sole member limited liability company. Under federal income tax regulations, sole member limited liability companies have their entity disregarded for federal income tax purposes. Therefore. net income or loss is reportable tbr tax purposes by the sole owner. Accordingly, no federal income taxes are included in the accompanying financial statements. The member's lederal and stale income tax retums are subject to examination over various statutes of limitation generally ranging from three to five years. #### Use of Estimates The preparation 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 ofassets and liabilities and disclosure ofcontingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. #### Seqment RcrJorl rng The Accounting Standards Update (ASU) 2023-07 issued by the Financial Accounting Standards Board (FASB) introduced enhancements to segment reponing requirements lor public entities, including broker-dealers. The update airned to improve the transparency and usefulness of financial disclosures for investors and other stakeholders. ASU 2023-07 disclosure requirements are effective lor fiscal years starting after December 15,2023. 'l'he chiel'operating decision maker is the President ofthe Companl and determined that no additional disclosures are required as the Company has only one reportable segment. {12}------------------------------------------------ ### SCALf,VIEW SECURITIES, LLC NOTES TO FINANCIAL STATEMENTS December 31,2025 ### NOTE B \_ NET CAPITAL REQUIREMENI'S The Company is subject to the Securities and Exchange Commission Uniform Net Capital Rule (SEC Rule l5c3-1), which requires the maintenance of minimum net capital and requires the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 8 to I . As of December 31,2025, The Company had nel capital of \$7,727 which was \$2.727 in excess of its required net capital of\$5,000. The Company's net capital ratio was approximately 0 to l. # NOTE C. POSSESSION OR CONTROL RI]QUIREMENTS The Company ( I ) did not directly or indirectly receive, hold or otherwise owe funds or securities tbr or to customers, other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule l5c2-.1; (2) did not carry accounts of or fbr customers; and (3) did not carry PAB accounts (as defined in Rule l5c3-3). throughout the most recent fiscal year u ithout exceplion. # NOTE D RELATED PARTY TRANSACTIONS The Company rents office space from its parent. Scaleview Pa(ners. LLC. The olTice space is shared by Scaleview Securities, Inc. and Scaleview Partners, LLC. During the year payments ol \$12.600 were accrued for occupancy and various reimbursements. These accruals were fbrgiven by Scalevieu, Partners, LLC and were recognized as additional contributed capital by Scaleview Securities, LLC. # NOTE F COMMITMENTS AND CONTINGENCIES The Company does not have any commitments, guarantees or contingencies. fhe Company is not aware of any threats or other circumslances that may lead to the assertion of a claim at a future date. # NOTE C GOING CONCERN 1'he accompanying financial statements have been prepared assuming the Company will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has not generated revenues to date and relies on financial support liom its parent company to lund operations and meet obligations as they come due. 'fhis condition raiscs substantial doubt about the Companv's ability to continue as a going concern for a period of one year tiom the date lhe financial statements are issued. Managemenl has evaluated this uncertainty and plans to continue obtaining financial support tiom the parent company as needed. Ilowever, there can be no assurance that such support will be available in the future. {13}------------------------------------------------ # Schedule I Scaleview Securities LLC Supplemental Information Pursuant to Rulc l7a-5 For the year ending December 31, 2025 ## Computation of Nct Capital | Total Member's equity qualified for net capital | \$ | 10.943 | |-----------------------------------------------------|----|--------| | Deductions / charges | | | | Non-allowable assets: | | | | Prepaid expenses | | 3,2 r6 | | | | | | I'otal deductions / charges | | 3.216 | | Net Capital before haircuts on securities positions | | 7 ,727 | | Haircuts on securities: | | | | Mutual funds | | | | Money market funds | | | | | | | | Nct Capital | s | 1 ,727 | | | | | | Aggregate indebtedness | | | | Accounts Payable | \$ | | | Accrued expenses | | | | 'li)tal aggregate indebtedness | \$ | | | | | | | Computation of basic net capital requirement | | | | Minimum net capital required (greater of \$5,000 or | | | | 1 2.5o/o of aggregate indebtedness) | \$ | s,000 | | | \$ | | | Net capital in excess of minimum requirement | | 2.721 | | Ratio ofaggregate indebtedness to net capital | | 0to I | ## Reconciliation of Computation of Net Capital There was no material difference in the computation ofnet capital under Rule 15c3-l from the Company's computation. See accompanying report of independent registered public accounting tirm. {14}------------------------------------------------ # Schedule lI & III # Scaleview Securities LLC Computation for Determination of Reserve Requirements and Information Relating to Possession or Control Requirements Under Rule l5c3-3 of thc Securities and Exchange Commission Dccember 31, 2025 The Company is considcred exempt from Securities Exchange Commission ("SEC") by relying on footnote 74 to SEC Release 34-70073 and therefbre is not required to maintain a special reserve bank account lbr the Exclusive benefit of customers.'' {15}------------------------------------------------ ![](_page_15_Picture_0.jpeg) #### Report of lndependent Registered Public A¤counting Firm To the [,1ember and Those Charged With Governance Scaleview Securities LLC we have reviewed the accompanying Exemption Report of Scalevjew Seaurities LLC (the Company) as of and for the fiscal year ended December3I, 2025, in which management assertsthaai 1. The Company did not.laim an exemption under any paragraph of 17 C.F.R. 5 240.15c3-3(ki; 2. The Company is filing this Exemption Report in reliance on Footnote 74 of SEC Release No. 34-70073 because it limited its securities business activities to (1) p.ivate placefient ofseaurities (2)merger and acquisition advisory services throughoutthe fiscal year ended December 31, 2025 exclusively to the activities described in that footnotei and 3. Throughout the fiscal year ended December 31, 2025, ahe Company: (i) did not receive, hold, or owe funds or secuaities for or to customers (except amounts received and promptly transmitted in accordance with 17 C.F.R. 5 240.15c2-4(a) or (b)(2 )); (ii) did not carry accounts of or for customers; and (iii) did not carry paoprietary accounts of other broker-dealers. I\4anagement of the Company is responsible for the assertions in the Exemption Report and for compliance with the applicable requirements. We conducted our review in accordance with atteslation standards established by the Public Company Accounting Oversight Board (lJnited States). A review is substantially less in scope than an examination, the objective of which is the expression of an oprnion on management's assertions. Accordingly, we do not express such an opinion. Based on our review, nothjng came to our attention that caused us to believe lhat management's assertions referred to above are not fai.ly stated, in all material respects, based on the requirements set forth in Footnote 74 of SEC Release No. 34-70073 and related provisaons of Rule 17a-5. 1ar.rr&./Ar\* Sanville & Company, LLC Dallas, Texas > 325 North Saant Paul Street Suite 3100 Dallas, Texas 75201 2L4.738.1998 {16}------------------------------------------------ ### ScaleView Securities, LLC Exemption Report ScaleView Securities, LLC (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. \$240.17a-5, "Reports to be made by certain brokers and dealers"), This Exemptron Report was prepared as required by 17 C.F.R. \$240.'17a-5(d)(1)and (4). To the best of its knowledge and belief, the Company states the following: - (1) The Company is considered 'Non-Covered Firm" exempt from 17 C.F.R. \$240.15c3-3 and is flling an Exemption Report relying on footnote 74 to SEC Release 34-70073, and as discussed rn Q&A I of the related FAQ issued by lhe SEC staff. The Company limits its business activilies exclusively to: (1) private placement of securities (2) merger and acquisition advisory services. - (2) 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 wilh paragraph (a) or (b)(2) of Rule '15c2-4; (2) did not carry accounls of or for customers; and (3) did not carry PAB accounts (as defined in Rule '15c3-3), throughout the most recent fiscal year without exception. l, Jay Snodgrass, swear (or affirm) thal, to my best knowledge and belief, this exemption report is true and conect Regards, JqS,v,lq\*ss Jay Snodgrass, Manager Date of Report: January 22,2026 Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.