Terms of Service for The Small Cap Strategist

Last Updated: July 26, 2025

Welcome to The Small Cap Strategist. These Terms of Service ("Terms") govern your use of our website, newsletters, and any other services we provide (collectively, the "Service"), operated by The Small Cap Strategist ("we," "us," or "our").

By accessing or using our Service, you agree to be bound by these Terms. If you do not agree to these Terms, you may not use the Service.

1. Service Description

The Small Cap Strategist provides financial research, analysis, and commentary, primarily focused on small to medium-sized companies. Our content is distributed via email newsletters, articles, and presentations on our website. The Service includes both free content ("Free Subscription") and premium content available through a paid subscription ("Premium Subscription").

2. IMPORTANT: No Financial Advice

The Small Cap Strategist is an investment education and financial publishing entity. We are not registered as a securities broker-dealer or an investment adviser with any regulatory authority.

All content provided through the Service is for informational and educational purposes only. It is not, and should not be construed as, investment advice, a recommendation, or a solicitation to buy or sell any security. All investment decisions involve a substantial risk of loss, and past performance is not indicative of future results. You are solely responsible for your own investment decisions. We strongly recommend that you conduct your own independent research and/or consult with a qualified financial professional before making any investment decisions.

3. Subscriptions and Payments

• Premium Subscription: Access to our premium content requires an active paid subscription. Subscription fees are stated at the time of purchase.

• Billing and Renewal: Your Premium Subscription will automatically renew at the end of each billing cycle unless you cancel it. You authorize us to charge your payment method for the renewal term.

• Cancellations: You may cancel your Premium Subscription at any time through your account settings. Your cancellation will take effect at the end of the current billing period, and you will retain access to premium content until that date.

• Refund Policy: Due to the time-sensitive and instantly accessible nature of our digital content, all sales are final. We do not offer refunds or credits for partially used periods or for any reason once a payment has been processed.

• Referral Program: We may offer a referral program that allows you to earn complimentary access to our Premium Subscription. The terms and conditions of this program are subject to change and will be detailed in the relevant promotional materials.

4. Intellectual Property

All content included in the Service, such as text, graphics, logos, presentations, and analysis, is the property of The Small Cap Strategist or its content suppliers and is protected by international copyright laws. Your subscription grants you a limited, non-exclusive, non-transferable license to access and use the content for your personal, non-commercial use only.

You may not modify, copy, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell any information or content obtained from the Service without our express written consent. Sharing your login credentials or distributing paywalled content is a violation of these Terms and will result in the immediate termination of your account without a refund.

5. User Conduct

You agree not to use the Service for any unlawful purpose or in any way that could damage, disable, or impair the Service. You agree not to attempt to gain unauthorized access to any part of the Service or its related systems or networks.

6. Disclaimers and Limitation of Liability

• No Warranty: The Service is provided on an "as is" and "as available" basis. We make no representations or warranties of any kind, express or implied, as to the operation of the Service or the accuracy, completeness, or reliability of the information, content, or materials included.

• Limitation of Liability: To the fullest extent permitted by law, The Small Cap Strategist, its affiliates, and its employees will not be liable for any investment losses or any direct, indirect, incidental, special, consequential, or punitive damages arising out of your use of, or inability to use, the Service.

7. Indemnification

You agree to indemnify, defend, and hold harmless The Small Cap Strategist and its affiliates from and against any and all claims, liabilities, damages, losses, or expenses, including reasonable attorneys' fees and costs, arising out of or in any way connected with your access to or use of the Service or your violation of these Terms.

8. Termination

We reserve the right to terminate or suspend your account and access to the Service, without prior notice or liability, for any reason, including but not limited to a breach of these Terms.

9. Governing Law

These Terms shall be governed and construed in accordance with the laws of England and Wales, without regard to its conflict of law provisions.

10. Changes to Terms

We reserve the right, at our sole discretion, to modify or replace these Terms at any time. We will provide notice of any material changes by posting the new Terms on our website and updating the "Last Updated" date. Your continued use of the Service after any such changes constitutes your acceptance of the new Terms.

11. Contact Us

If you have any questions about these Terms, please contact us at tscsw@substack.com.