Any valuation data presented here, whether from the historical capitalization table or valuation implied by the offering (derived from multiplying the estimated share count of the company with the offering price including fees), is based on certain analysis, calculations and assumptions made by Ceros and should not be relied on by the investor.

The valuation data incorporates, in part, publicly disclosed data which may be incomplete and has not been independently corroborated by Ceros. There may also exist material non-public information that significantly alters the valuation data presented here.

The valuation data also incorporates capitalization table analysis which is independently derived by Ceros relying on certain assumptions and calculations that could be inaccurate or fail to consider certain pertinent information. Ceros may also have a conflict of interest with respect to the pricing data that is incorporated into the valuation data implied by the offering.

Pricing, valuation and capitalization table data have not been confirmed or approved by the issuer. Any graphs may deviate from linear scale for presentation purposes. Estimated share count assumes a fully distributed option pool based on publicly available data.

Overall, the data presented here is intended to be illustrative rather than definitive and is subject to change. As such, investors should conduct their own research and analysis with respect to the price, valuation and estimated share count of companies of interest and should not rely on the data and analyses presented here by Ceros.

Data and analyses are copyright Ceros Financial Services, Inc. and may not be reproduced without written permission. Past performance is not indicative of future results. Any securities offered are offered by Ceros Financial Services, Inc., a registered broker dealer and member FINRA/ SIPC.