Disclosures

Regulatory Status

Burnham Park Capital Markets LLC ("BPCM") operates as an Office of Supervisory Jurisdiction (OSJ) of Kingswood Capital Partners, LLC ("KCP"). Securities services are offered through Kingswood Capital Partners, LLC, member FINRA / SIPC. Burnham Park Capital Markets LLC is a separate commercial brand operating under the supervisory platform of KCP.

Our activities are subject to oversight by the U.S. Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), and other applicable regulatory bodies. Clients and prospective clients are encouraged to verify registration status and disciplinary history through the SEC's EDGAR system and FINRA's BrokerCheck at www.finra.org/brokercheck.

No Investment Advice

Nothing on the Burnham Park Capital Markets website or in any materials distributed by us should be construed as investment advice, a recommendation to buy or sell any security, or a solicitation of any investment. All investment decisions should be made by the investor based on their own research, due diligence, and assessment of their individual financial circumstances and investment objectives.

Past performance of any security, market, strategy, or investment is not indicative of future results. All investments involve risk, including the possible loss of principal. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.

Forward-Looking Statements

Certain materials distributed by Burnham Park Capital Markets may contain forward-looking statements, projections, or other forward-looking information. Such statements are based on assumptions and estimates that are subject to significant uncertainties, risks, and other factors. Actual results may differ materially from those expressed or implied in any forward-looking statements.

Burnham Park does not undertake any obligation to update or revise any forward-looking statements to reflect events or circumstances after the date such statements were made, or to reflect the occurrence of unanticipated events.

Conflicts of Interest

General Disclosure

As a full-service capital markets firm, Burnham Park Capital Markets and its affiliates may, from time to time, have positions in, make markets in, or engage in transactions involving securities discussed in our research or other communications. We may also have investment banking, advisory, or other business relationships with companies whose securities are discussed.

Research Independence

Burnham Park Capital Markets maintains policies and procedures designed to maintain the independence of our research analysts and to manage conflicts of interest that may arise between our research activities and our investment banking and trading businesses. Our research analysts are compensated in a manner that is not directly tied to specific investment banking transactions.

Material Non-Public Information

Burnham Park Capital Markets maintains information barriers and related policies designed to prevent the improper use or disclosure of material non-public information (MNPI). Employees are prohibited from trading in securities based on MNPI and from sharing MNPI in violation of applicable law.

Best Execution

In connection with securities transactions, Burnham Park Capital Markets and its broker-dealer affiliates are obligated to seek best execution for client orders. This means seeking the most favorable terms reasonably available under the circumstances, taking into account factors such as price, speed of execution, likelihood of execution, and other relevant factors.

Burnham Park periodically reviews its order routing and execution practices to assess the quality of execution obtained for clients.

Payment for Order Flow

To the extent applicable, Burnham Park Capital Markets or its broker-dealer affiliates may receive compensation in connection with directing client orders to particular broker-dealers or execution venues. Any such arrangements are disclosed in accordance with applicable SEC and FINRA requirements. Clients have the right to request information regarding the nature and source of any such compensation.

Anti-Money Laundering

Burnham Park Capital Markets maintains an Anti-Money Laundering (AML) program in compliance with the Bank Secrecy Act and related regulations. We are required to verify the identity of our clients and to report certain transactions and suspicious activity to relevant governmental authorities. Clients may be required to provide documentation to satisfy our AML and Know Your Customer (KYC) obligations.

Privacy and Information Security

Burnham Park Capital Markets is committed to protecting the privacy and security of client information. Please refer to our Privacy Policy for a full description of how we collect, use, and protect personal information. We maintain written policies and procedures designed to safeguard client information in accordance with applicable law, including Regulation S-P.

SIPC Membership

Securities accounts carried by Kingswood Capital Partners, LLC are protected by the Securities Investor Protection Corporation (SIPC) up to $500,000 (including $250,000 for claims for cash). For more information, visit www.sipc.org or call 1-202-371-8300. SIPC protection does not cover market losses.

International Activities

Burnham Park Capital Markets engages in cross-border activities, including the distribution of research and services to international clients. In jurisdictions outside the United States, activities may be subject to local regulatory requirements. Our services are only offered in jurisdictions where we are authorized to do so.

Materials distributed internationally are intended solely for the use of the persons to whom they are addressed and may not be suitable for all investors. Recipients outside the United States should consult their local advisors regarding any applicable regulatory requirements.

Contact for Regulatory Inquiries

For questions regarding our regulatory status, disclosures, or compliance matters, please contact:

Burnham Park Capital Markets, LLC
Compliance Department
126 E. 56th Street, Suite 22R New York, NY 10022
contact@burnhampark.com