Compliance & Disclaimers

Last updated: March 2026

1. Important Notice

This website is provided by Blackshift Capital (“Blackshift,” the “Firm,” “we,” “us,” or “our”) for informational purposes only. The content on this website is intended to describe the Firm’s research orientation, operating philosophy, validation posture, and related matters in a general manner. It is not intended to provide personalized investment advice, legal advice, tax advice, accounting advice, or any other professional advice.

Nothing on this website constitutes, or should be construed as, (i) an offer to sell or a solicitation of an offer to buy any security, commodity interest, investment product, or advisory service, (ii) a recommendation to purchase, sell, hold, or otherwise transact in any security or other financial instrument, (iii) an offer to enter into any investment advisory, sub-advisory, asset management, signal licensing, managed account, pooled vehicle, or similar relationship, or (iv) a basis for making any investment decision.

You should not rely on this website as the basis for any investment, legal, tax, regulatory, accounting, or business decision. Any person considering an investment or business relationship should consult their own legal, tax, accounting, and financial advisers and conduct their own independent diligence.

2. Status of the Firm; No Current Public Offering

Blackshift Capital is presently in a validation and business-development stage. The Firm is not presenting this website as a public offering of securities, a public fund, a publicly available managed account program, or a retail investment solicitation. Any current discussions initiated through this website are intended to be preliminary, informational, and relationship-oriented only.

The Firm may in the future pursue one or more structures under applicable law, which could include an investment adviser structure, a private fund structure, separately managed account arrangements, technology or research licensing arrangements, or other lawful arrangements. No assurance can be given that any such structure will be pursued, completed, approved, registered, exempted, or made available to any person.

Any future offering of securities or investment interests, if any, would be made only pursuant to definitive legal documentation and only in compliance with all applicable U.S. federal securities laws, state securities laws (“blue sky” laws), and any applicable non-U.S. laws. Such documentation may include, as applicable, a private placement memorandum, operating agreement, limited partnership agreement, subscription materials, managed account agreement, investment advisory agreement, and/or other governing documents.

3. Regulatory Status; No Implied Registration

Unless and until expressly stated otherwise in definitive legal disclosures, nothing on this website should be interpreted to mean that Blackshift Capital is currently registered with the U.S. Securities and Exchange Commission (“SEC”), with any U.S. state securities authority, with the Commodity Futures Trading Commission (“CFTC”), with the Financial Industry Regulatory Authority (“FINRA”), or with any non-U.S. regulatory body.

If the Firm becomes registered, exempt from registration, exempt reporting, or otherwise subject to a regulatory regime in the future, any such status would be subject to the scope, conditions, limitations, and continuing obligations imposed by applicable law. Registration with or notice filing before any governmental authority, if ever obtained, does not imply any particular level of skill, training, approval, endorsement, or regulatory merit.

This website should not be construed as an advertisement of advisory services in any jurisdiction in which Blackshift Capital is not authorized, qualified, registered, exempt, or otherwise permitted to engage in the activity described.

4. No Advisory Relationship; No Client Relationship Created

Your use of this website, your submission of an inquiry form, your exchange of emails with the Firm, or your receipt of any preliminary materials does not create an investment advisory relationship, fiduciary relationship, broker-customer relationship, attorney-client relationship, accountant-client relationship, or any other formal advisory or professional relationship with Blackshift Capital.

No such relationship shall exist unless and until the relevant parties have executed definitive written agreements and all legal, regulatory, diligence, onboarding, suitability, qualification, and compliance requirements applicable to the relationship have been satisfied.

5. No Offer of Securities; Private Offering Only If and When Applicable

No securities are being offered through this website. If Blackshift Capital or any affiliated vehicle ever offers securities or investment interests, any such offering would be made solely by means of definitive offering documents and only to persons and entities legally eligible to receive such materials and to invest.

Any future offering may rely on one or more exemptions from registration, including, without limitation, exemptions under the U.S. Securities Act of 1933, as amended, and applicable state securities laws. Securities offered pursuant to an exemption from registration would be subject to restrictions on transfer, resale, suitability, investor qualification, and other limitations. No offering materials should be deemed complete or controlling unless formally designated as such by the Firm.

6. Qualified Persons; Accredited Investors; Eligibility

Any future investment opportunity, if any, may be available only to persons who satisfy applicable eligibility standards under U.S. law or the law of their jurisdiction. Depending on the structure involved, this may include “accredited investors,” “qualified purchasers,” “qualified clients,” institutional counterparties, or other legally eligible persons or entities.

Any reference on this website to accredited investors, institutional allocators, family offices, sophisticated investors, or similar categories is descriptive only and does not constitute an invitation or determination of eligibility. The Firm reserves the right, in its sole discretion, to determine whether any person may receive further materials, continue discussions, or participate in any future opportunity.

By submitting an inquiry, you represent only that you believe yourself to be eligible under the laws applicable to you to receive preliminary information of the kind requested. Blackshift Capital may require verification of legal, financial, institutional, sophistication, suitability, or accreditation status at any time.

7. Website Content; Informational Nature; No Reliance

The content on this website is necessarily abbreviated, high-level, and selective. It does not purport to contain all information that a reasonable person would require in order to evaluate an investment opportunity, business arrangement, strategy, or relationship with the Firm. The website is not designed to serve as a complete diligence package, offering memorandum, or legal disclosure document.

Information may be incomplete, condensed, generalized, summarized, subject to interpretation, and subject to change without notice. The Firm undertakes no duty to update, revise, or supplement website content, except to the extent required by applicable law.

Any person reviewing this website must conduct independent verification and must not rely on the website alone in evaluating the Firm, any strategy, any research result, any validation result, or any potential business or investment relationship.

8. Performance, Validation, and Research Results

This website may refer to historical research results, backtested results, simulated results, paper-trading validation, live own-capital validation, and other performance-related information. These are different categories of information, involve different methodologies and evidentiary value, and should not be conflated.

Historical and backtested results are inherently hypothetical, whether or not they are based on real market data, because they do not represent actual trading in the applicable period by an actual client account exposed to all contemporaneous market, operational, psychological, liquidity, routing, compliance, and implementation factors.

Paper-trading results are not actual investor returns and may differ materially from real-money results. Even where the Firm references live own-capital results, such results may reflect a limited sample size, a specific account profile, unique routing conditions, brokerage-specific execution features, operational judgments, tax circumstances, or other conditions that may not be available or replicable in another account or future environment.

Any performance-related information, whether historical, simulated, paper-based, or live, is provided solely as contextual information concerning the Firm’s research and validation work. It should not be interpreted as a promise, projection, forecast, guarantee, warranty, or representation that any strategy, account, investor, vehicle, or mandate will achieve the same or similar results.

9. Special Risks of Hypothetical, Backtested, and Simulated Performance

Hypothetical, backtested, and simulated performance results involve significant limitations and may be materially more favorable than actual results. These limitations include, without limitation:

  • the benefit of hindsight in model construction, rule selection, parameterization, and result interpretation;
  • the inability to account fully for market impact, changing liquidity, bid/ask dynamics, price improvement variability, order routing differences, queue position, rejects, system outages, and execution delays;
  • the possibility of overfitting, underfitting, data-mining bias, survivorship bias, selection bias, regime dependence, or other model-development artifacts;
  • the use of assumptions concerning slippage, fees, commissions, financing costs, borrow availability, taxes, exchange fees, regulatory fees, and other transaction costs that may differ from live conditions;
  • the inability to reproduce real-world constraints such as capital frictions, compliance limits, account restrictions, operational latency, broker rules, and human intervention under stress;
  • differences between a proprietary validation account and any future account, structure, or investor profile.

Past performance, whether hypothetical, historical, simulated, paper-based, or live, is not indicative of future results. No representation is made that any account will or is likely to achieve profits or losses similar to those discussed on this website.

10. If This Website Is Deemed an Advertisement Under Applicable Law

To the extent any portion of this website is deemed to be an advertisement, marketing communication, or solicitation under applicable law, it is intended solely for persons lawfully permitted to receive it. Nothing on this website is intended to be unfair, unbalanced, misleading, or materially incomplete.

Performance-related information, if any, is presented for general informational context and not as a retail-oriented mass-market promotional piece. Any person seeking to evaluate the Firm should request fuller materials, ask questions, and review all relevant disclosures, assumptions, limitations, and legal documents before making any decision.

The Firm reserves the right to revise website content, performance presentation, audience restrictions, and access controls at any time in order to address legal, regulatory, compliance, or business considerations.

11. Risks of Investing and Strategy Risks

Any investment strategy, model-based process, or systematic decision framework involves substantial risk. There can be no assurance that any strategy or account will achieve its objectives or avoid losses. Persons considering any future relationship with Blackshift Capital should assume the possibility of partial or total loss.

Material risks may include, without limitation:

  • Market risk: adverse market movements, volatility spikes, sector dislocations, news shocks, and macro events;
  • Model risk: flawed assumptions, degradation of predictive relationships, unstable feature behavior, and unexpected interactions among model components;
  • Execution risk: slippage, fill uncertainty, price gaps, routing deterioration, latency, rejection, cancellation issues, broker outages, and order-handling constraints;
  • Data risk: stale, delayed, incomplete, inaccurate, corrupted, or vendor-revised data; bad prints; corporate actions; mapping errors; timezone and session-boundary issues;
  • Technology risk: software defects, infrastructure failures, database corruption, cloud or network outages, cybersecurity incidents, synchronization problems, or third-party service interruptions;
  • Liquidity risk: inability to enter, exit, or adjust positions efficiently or at modeled prices;
  • Capacity risk: deterioration in results as account size, order size, or market participation increases;
  • Counterparty and broker risk: failure, insolvency, restrictions, or conduct by brokers, custodians, exchanges, vendors, clearing firms, or other third parties;
  • Regulatory risk: changes in securities, advisory, tax, privacy, cybersecurity, market-structure, or other laws and regulations;
  • Concentration and regime risk: concentration in particular sectors, styles, market states, or opportunity types, and the possibility that those conditions may cease to exist or invert.

The foregoing list is illustrative only and not exhaustive.

12. Business, Technology, and Operational Statements

Any statements on this website concerning the Firm’s systems, controls, process integrity, validation, auditability, security, monitoring, execution discipline, or operational robustness are descriptive in nature and should not be interpreted as guarantees that errors, losses, outages, cyber incidents, model failures, or compliance failures cannot occur.

Any reference to auditability, statements, logs, brokerage records, or validation records means only that certain records may exist and may be reviewable in an appropriate context. It does not mean that the Firm has undergone, or will undergo, any SEC examination, PCAOB audit, GAAP financial statement audit, SOC examination, or any other formal third-party certification unless expressly stated in writing.

13. Forward-Looking Statements

This website may contain forward-looking statements, including but not limited to statements regarding expected business plans, future structures, future regulatory steps, future performance potential, future availability of products or services, future validation goals, or future strategic direction. Such statements are based on current beliefs, assumptions, estimates, and expectations that may prove incorrect.

Actual results, developments, and outcomes may differ materially from those expressed or implied by any forward-looking statement. The Firm undertakes no obligation to update any forward-looking statement except as required by law.

14. Testimonials, Endorsements, Third-Party References, and Media

This website is not intended to rely on testimonials, endorsements, ratings, rankings, awards, or similar third-party promotional devices unless expressly and lawfully identified as such. Any reference to third-party service providers, brokers, platforms, data vendors, media items, publications, or technologies is for descriptive or informational purposes only and does not imply affiliation, sponsorship, endorsement, approval, or recommendation by or of Blackshift Capital.

Any third-party content, data, or links made available through this website is not controlled by the Firm, may be inaccurate or incomplete, and may change or be removed without notice.

15. Third-Party Platforms, Brokers, and Execution Context

Any reference to brokers, custodians, order-routing venues, dark pools, execution quality, price improvement, or similar matters is contextual only. Such references do not constitute a promise that any particular broker, venue, routing logic, or execution outcome will be available to any user, investor, structure, or future account.

Brokerage-specific behavior can materially affect realized outcomes. The presence of a brokerage relationship, trading feature, execution enhancement, or account configuration in one context should not be assumed to exist in any other context.

16. Jurisdictional Restrictions

This website is not directed to, and should not be accessed in reliance upon by, any person in any jurisdiction where its publication, availability, or use would be contrary to law or regulation or would subject the Firm to any registration, licensing, filing, qualification, or other obligation not otherwise satisfied.

Persons who access this website from outside the United States are responsible for complying with all local laws and regulations applicable to them. The Firm makes no representation that materials on this website are appropriate or lawful for use in all locations.

17. Intellectual Property; Restricted Use

Unless otherwise indicated, all content on this website, including text, design, graphics, branding, layouts, source materials, research descriptions, and related content, is owned by or licensed to Blackshift Capital and is protected by applicable intellectual property and unfair-competition laws.

No part of this website may be copied, reproduced, republished, distributed, modified, reverse engineered, scraped, framed, transmitted, displayed, or used to create derivative works without the Firm’s prior written consent, except for reasonable personal review for informational purposes.

18. Electronic Communications; Security; Confidentiality

Communications transmitted through the internet, website forms, or email may not be secure. The Firm does not guarantee the confidentiality, integrity, or security of any electronic communication unless expressly agreed in writing under separate protective arrangements.

You should not submit sensitive personal data, account credentials, confidential fund documents, nonpublic portfolio information, or legally protected information through this website unless specifically requested through a secure channel.

19. Limitation of Liability

To the fullest extent permitted by applicable law, Blackshift Capital and its owners, officers, directors, managers, members, employees, contractors, agents, advisers, service providers, licensors, and affiliates shall not be liable for any direct, indirect, incidental, consequential, special, exemplary, punitive, or other damages arising out of or relating to your access to, use of, inability to use, or reliance upon this website or any content contained herein.

This limitation applies regardless of the theory of liability and even if the Firm has been advised of the possibility of such damages, except to the extent such limitation is prohibited by law.

20. Reservation of Rights; Revisions

The Firm reserves the right to modify, suspend, restrict, or discontinue any part of this website, any performance presentation, any access pathway, or any content at any time and for any reason without notice. The Firm also reserves the right to decline to respond to any inquiry or to provide additional materials in its sole discretion.

21. Governing Law; Venue

To the fullest extent permitted by applicable law, your use of this website and any dispute arising from or relating to it shall be governed by the laws of the State of Wyoming, without regard to conflict-of-laws principles, except to the extent superseded by applicable U.S. federal law.

Any dispute arising from or relating to this website shall be brought exclusively in a state or federal court of competent jurisdiction located in the State of Wyoming, and you consent to the personal jurisdiction and venue of such courts, except where mandatory law requires otherwise.

22. Contact

For legal, compliance, or website-related inquiries, please contact:

Blackshift Capital
30 N Gould St, Sheridan, WY 82801, United States
Email: [email protected]