Terms of Use and Other Disclosures

The terms and conditions of use set forth below apply to this website (collectively, the “Site”).

Please read these terms and conditions of use carefully before using the Site. By using the Site, you acknowledge that you have read, understood and agreed to these terms and conditions of use. If you do not agree to these terms and conditions of use, you may not access or use the Site. Cobia Capital Management, LP and its affiliates (“Cobia Capital” or the “Company”) reserves the right, at the Company’s discretion, to change, modify, add or remove portions of these terms at any time. Therefore, Cobia Capital suggests that you review these terms periodically for changes. By using the Site after the Company has posted changes to these terms and conditions of use, you are agreeing to be bound by these terms as amended.

Nothing contained in the Site constitutes investment, legal or tax advice. Neither the information nor any opinion contained in the Site constitutes a solicitation or offer by Cobia Capital or any fund or other entity managed directly or indirectly by Cobia Capital to buy or sell any securities, futures, options or other financial instruments. Decisions based on information contained on the Site are the sole responsibility of the visitor. Cobia Capital does not give any advice or make any representations through the Site as to whether any security or investment is suitable to you or will be profitable.

The materials in the Site are provided “AS IS” and without warranties of any kind (either express or implied). To the fullest extent permissible pursuant to applicable law, Cobia Capital disclaims any and all warranties, express or implied, including, but not limited to, implied warranties of merchantability and fitness for a particular purpose.

Cobia Capital further assumes no responsibility for and makes no warranties that functions contained at this Site will be uninterrupted or error-free, that defects will be corrected, or that the Site or the server that makes it available will be free of viruses or other harmful components. Cobia Capital shall not be liable for any damages to, viruses that may infect, or services, repairs or corrections that must be performed on your computer on account of your accessing this Site.

Cobia Capital may maintain historical materials and disclosures on its Site for archival and regulatory purposes. The information contained in such materials and disclosures was accurate at the time it was initially presented, and Cobia Capital assumes no responsibility for updating information to reflect subsequent developments.

Summary of Risk Factors
Investments in hedge funds and other investment funds, including those managed by Cobia Capital (collectively, the “Funds”), are speculative and involve a high degree of risk and are intended only for experienced and sophisticated investors. There are unique risks involved when investing in a particular Fund. You should carefully review each Fund’s offering materials and related information for specific risk and other information before investing. This Site does not list, and does not purport to list, the risk factors associated with an investment in any of the Funds.

Restrictions on Use of Materials
Unless otherwise expressly noted, all information and materials, including without limitation images, illustrations, designs, icons, photographs, video clips and written and other materials, that are part of the Site are copyrights, trademarks, service marks, trade names, trade dress and/or other intellectual property owned, controlled or licensed by Cobia Capital. No material from the Site may be copied, reproduced, republished, uploaded, posted, transmitted or distributed in any way; provided, however, that you may download, where specifically permitted, one copy of the materials on any single computer for your personal, non-commercial use only, provided you keep intact and properly display all copyright and other proprietary notices. You may not distribute, modify, transmit, reuse, repost, or use the content of the Site, including, without limitation, any text, images, audio and video, for public or commercial purposes without Cobia Capital’s written permission. Modification or use of the information or materials for any other purpose will violate the copyright and/or intellectual property rights of Cobia Capital. Cobia Capital will not treat users of this Site as its clients by virtue of their accessing this Site.

Transmissions to and from the Site
Electronic communications can be intercepted by third parties and, accordingly, electronic mail and other transmissions to and from the www.cobiacap.com domain name or made via this Site may not be secure. Communications to Cobia Capital, particularly those containing confidential information, should be sent by mail to: Cobia Capital Management, LP, 747 Third Avenue, 27th Floor, New York, NY 10017. Subject to any applicable terms and conditions set forth in our Privacy Policy, any communication or other material that you send to Cobia Capital through the Internet or post on the Site by electronic mail or otherwise is and will be deemed to be non-confidential and Cobia Capital shall have no obligation of any kind with respect to such information. Cobia Capital shall be free to use any ideas, concepts, know-how or techniques contained in such communication for any purpose whatsoever, without any compensation due or payable to you.

Links to Other Web Sites and Services
Cobia Capital does not review or monitor any websites linked from or to the Site and following links from or to such websites is at your sole risk. Accordingly, Cobia Capital cannot be held responsible for the information, materials, products or services obtained on or from such other websites, nor will Cobia Capital be liable in any respect whatsoever for any damages arising from your access to such websites. Any links from or to other websites are provided merely for the convenience of the users of the Site and the inclusion of these links does not imply an endorsement, representation or warranty by Cobia Capital with respect to any such linked websites or the content, products or services contained or accessible through, or the operators of, such websites.

Governing Law and Consent to Jurisdiction
These terms and your use of the Site shall be governed by the laws of the United States of America and the State of New York without regard to its conflicts of laws principles. Any legal action or proceeding related to this Site shall be brought exclusively in a federal or state court of competent jurisdiction sitting in New York.

Monitoring the Site
Cobia Capital reserves the right to monitor and record activity on the Site at its sole discretion, and may report any activity that it suspects may violate any law or regulation as it deems appropriate.

If any provision of these terms shall be deemed unlawful, void or for any reason unenforceable, then that provision shall be deemed severable from these terms and shall not affect the validity and enforceability of any remaining provisions. Cobia Capital reserves the right to alter or delete materials from this Site at any time at its discretion.