Disclaimer

The Bear Cave newsletter was acquired by Hunterbrook Media in 2026. Please read these important disclosures that apply to all content within The Bear Cave newsletter.

LEGAL DISCLAIMER

Hunterbrook Media LLC (”Hunterbrook Media”) is an investigative news organization. Hunterbrook Media is affiliated with Hunterbrook Capital LP (”Hunterbrook Capital”), an exempt reporting adviser with the U.S. Securities and Exchange Commission that serves as investment adviser to one or more investment funds. Hunterbrook Media and Hunterbrook Capital are legally separate entities under common control. Hunterbrook Capital’s investment activities support Hunterbrook Media’s journalistic operations. Hunterbrook Capital’s investment performance can be affected by price movements in securities, derivatives, or other financial instruments related to companies covered in Hunterbrook Media’s reporting.

The specific position, if any, held by Hunterbrook Capital at the time of publication is disclosed at the top of its articles. Any position or exposure may consist of direct holdings, short sales, options, swaps, other derivatives, or other forms of economic exposure to the securities or issuers discussed herein. Any position held may include equity securities, options, swaps, or other derivative instruments. Consistent with applicable policies and procedures, Hunterbrook Capital may establish, modify, or close positions in covered securities before or after its articles are published. Following publication, Hunterbrook Capital will continue transacting in covered securities for an indefinite period and may hold long, short, or no positions at any time thereafter, regardless of any position described at publication. Hunterbrook Media has no obligation to update this article to reflect subsequent changes in Hunterbrook Capital’s positions. Any discussion in this article regarding value, valuation, downside, upside, or potential future stock price reflects Hunterbrook Media’s opinion as of the publication date. Such statements should not be interpreted as price targets and should not be understood to mean that Hunterbrook Capital intends to maintain any position until any particular price, valuation, or outcome is achieved. Hunterbrook Capital may modify, reduce, increase, hedge, or close positions at any time for risk management, portfolio management, liquidity, regulatory, investor, or other business reasons.

Nothing herein constitutes investment advice, a recommendation to buy, hold, or sell any security, or a solicitation to purchase or sell any securities. Hunterbrook Media is not a registered investment adviser in the United States or any other jurisdiction. All information and opinions presented are subject to change without notice.

Hunterbrook Media strives to ensure the accuracy and reliability of the information provided, drawing on sources believed to be trustworthy. Nevertheless, this information is provided “as is” without any guarantee of accuracy, timeliness, completeness, or fitness for any particular purpose. Hunterbrook Media does not guarantee the results obtained from the use of this information, and expressly disclaims any warranty, express or implied, as to accuracy or reliability. You should conduct your own research and seek advice from qualified financial, legal, and tax professionals before making any investment decisions based on information obtained from Hunterbrook Media.

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