Legal

Welcome to Dovesons™. By accessing and using our website and services, you agree to comply with and be bound by the following Terms of Service. If you do not agree to these terms, please do not use our website or services.

Website Terms of Use, and Legal Disclosures

Effective date: September 15, 2026
Website: https://www.dovesons.com

1. Acceptance of these terms

These Website Terms of Use and Legal Disclosures (the “Terms”) govern access to and use of this website and all pages, materials, communications, forms and information made available through it (collectively, the “Website”). By accessing or using the Website, you acknowledge that you have read, understood and agree to be bound by these Terms. If you do not agree, do not access or use the Website.

If you access or use the Website on behalf of a company or other organization, you represent that you have authority to bind that organization to these Terms, in which case “you” includes both you and that organization.

These Terms concern use of the Website only. Any services provided by Dovesons are governed exclusively by a separate definitive written engagement agreement executed by Dovesons and the applicable client. If these Terms conflict with an executed engagement agreement, the engagement agreement governs with respect to the applicable engagement.

2. Nature of the Firm’s activities

Dovesons & Co. (Dovesons) is an independent M&A and strategic advisory firm supporting owners, companies and acquirers in connection with privately negotiated business transactions. Subject to applicable law and a written engagement, the Firm may provide strategic, corporate-development, business-development, commercial, transaction-origination, transaction-support and related consulting services concerning acquisitions, divestitures, business combinations, joint ventures, commercial agreements and other strategic business matters.

Descriptions such as “M&A,” “advisory,” “merchant advisory,” “transaction,” “opportunity,” “acquisition,” “strategic,” “capital,” “investment” or similar terminology describe business activities in a general commercial sense. They do not represent that Dovesons holds any registration, licence or authorization that it does not in fact hold, and they do not expand the scope of services that Dovesons may lawfully provide.

The exact nature and scope of any mandate will be determined on a transaction-by-transaction and jurisdiction-by-jurisdiction basis and documented in a separate written engagement.

3. Regulatory status and limitations

Unless expressly stated otherwise in writing for a particular jurisdiction or engagement, Dovesons is not registered as a securities dealer, broker-dealer, investment dealer, exempt market dealer, investment adviser, portfolio manager, commodity trading adviser, commodity pool operator, underwriter, transfer agent, exchange, alternative trading system, bank, trust company, lender, insurer, accounting firm, law firm or real-estate broker.

Dovesons does not undertake any activity requiring registration, licensing or authorization unless the activity is conducted pursuant to an applicable exclusion or exemption or through, with or under the supervision of an appropriately registered or licensed third party. The availability of any exclusion or exemption depends on the particular facts, parties, jurisdiction, transaction structure and activities involved and is not assured.

Without limiting the foregoing, Dovesons does not through the Website:

• offer, sell, place or recommend any security or financial instrument;

• solicit an offer to purchase any security or financial instrument;

• operate a securities exchange, marketplace, trading platform or matching system;

• accept orders for or execute trades in securities or financial instruments;

• hold, receive, transmit, control or maintain custody of client money or securities;

• maintain securities accounts for any person;

• provide portfolio management, individualized investment advice or recommendations concerning securities;

• underwrite or guarantee any financing or securities offering;

• promise that financing, an investor, an acquirer, a seller or a transaction will be obtained; or

• provide legal, tax, accounting, audit, fairness, solvency or regulated valuation opinions.

Where a contemplated transaction includes securities, financing or another regulated element, Dovesons may limit its role, decline the mandate, require the engagement of appropriately qualified professionals, or refer the relevant activity to a registered or licensed third party.

4. Canadian M&A activities

In Canada, Dovesons limits its activities to those it reasonably determines may be conducted without registration under applicable provincial and territorial securities legislation, including, where applicable, activities consistent with the guidance concerning merger and acquisition specialists in Companion Policy 31-103CP. That guidance is interpretive and fact-dependent; it is not a blanket exemption or assurance that registration is unnecessary in every M&A transaction.

Any participation by Dovesons in a purchase or sale of securities must be incidental to the underlying acquisition, disposition or combination of operating businesses and otherwise permitted by applicable law. Dovesons does not rely on the Canadian M&A guidance to conduct standalone capital raising, securities placement, passive-investment solicitation, portfolio management or securities-trading activity.

5. United States M&A activities

In the United States, Dovesons limits any activity involving securities to activity permitted under applicable federal and state law, including, where applicable, the M&A-broker exemption in section 15(b)(13) of the Securities Exchange Act of 1934.

That federal exemption is subject to statutory conditions and limitations, including requirements relating to privately held eligible operating companies, transaction size, transfer of control, active operation by the buyer, disclosure and consent in a dual-representation arrangement, custody of funds or securities, financing, public offerings, shell companies, buyer groups, passive buyers and disciplinary history. A reference to that exemption does not mean that every mandate or transaction qualifies. State registration, licensing, antifraud and other requirements may apply independently.

Dovesons may decline or restructure its involvement in any proposed transaction that does not satisfy all applicable requirements or may require that regulated activities be performed by an appropriately registered broker-dealer or other authorized party.

6. No offering, solicitation or investment recommendation

Nothing on the Website constitutes or forms part of:

• an offer to sell or issue;

• a solicitation of an offer to purchase or subscribe for;

• an invitation to acquire, dispose of, hold or vote;

• a recommendation, endorsement or opinion concerning; or

• marketing of a public or private offering of

• any security, financial instrument, investment product, loan, commodity, derivative, digital asset, fund interest or participation in any investment arrangement.

No communication made through the Website is intended to satisfy the disclosure requirements applicable to an offering document, prospectus, private-placement memorandum, offering memorandum, listing document or similar instrument. Any legally permissible transaction opportunity will be considered only through a separate confidential process, subject to appropriate qualification, documentation, professional advice and compliance review.

The appearance of a company, sector, asset, mandate or transaction on the Website does not constitute a recommendation or representation that it is available, suitable, lawful, complete, verified or capable of being completed.

7. No advice or reliance

Website content is provided solely for general informational and corporate purposes. It is not investment, securities, financial, legal, tax, accounting, regulatory, technical, engineering, geological, environmental, medical or other professional advice. Nothing on the Website takes account of any person’s objectives, circumstances, financial condition, risk tolerance or requirements.

You must conduct your own independent investigation and obtain advice from appropriately qualified legal, tax, accounting, financial, technical and other professionals before making any decision or taking any action. You must not rely on Website content as the basis for an investment, acquisition, disposition, financing, operational or other decision.

8. No client, fiduciary or other relationship

Accessing the Website, contacting Dovesons, submitting information, participating in an introductory discussion or receiving a response does not create an advisory, fiduciary, agency, brokerage, dealer, client, partnership, joint-venture, employment, confidential, professional or other relationship.

Dovesons owes no duty to any Website user. A client relationship arises only when Dovesons and the applicable client execute a definitive written engagement agreement. Dovesons may accept or reject any proposed engagement in its sole discretion and may represent or work with other persons whose interests differ from or compete with yours, subject to applicable law and any binding written obligations.

9. No confidentiality for unsolicited submissions

Do not submit confidential, privileged, proprietary, export-controlled, classified, material non-public or commercially sensitive information through the Website or by unsolicited email. Unless Dovesons has first executed a written confidentiality agreement expressly covering the information, information submitted through the Website will not be treated as confidential, privileged or subject to any duty of use restriction.

Submission of information does not prevent Dovesons from working with another person or pursuing a transaction, business, company, technology, market or opportunity that is similar to or competes with the subject of your submission. You represent that you have the lawful right and authority to provide any information you submit and that doing so does not violate any obligation owed to another person.

10. Transaction and opportunity risks

M&A, strategic and commercial transactions involve substantial risks, including loss of capital, non-completion, illiquidity, valuation uncertainty, financing risk, operational risk, counterparty risk, regulatory risk, political risk, geological or technical uncertainty, currency risk and changes in market conditions.

Dovesons does not represent, warrant or guarantee that:

• any opportunity is accurate, complete, current, exclusive or available;

• any person is qualified, creditworthy, authorized, interested or capable of completing a transaction;

• any indicated price, valuation, resource, reserve, capacity, projection or commercial term is accurate or achievable;

• any introduction, discussion, mandate or transaction will result in an agreement, financing, closing, profit or other outcome; or

• any transaction will meet any party’s objectives.

Past transactions, experience, relationships or outcomes are not indicative of future results. All transactions remain subject to independent diligence, definitive documentation, required approvals and applicable law.

11. Third-party information and forward-looking statements

Website content may include information supplied by clients, counterparties, issuers, owners, operators, governments, data providers, public sources or other third parties. Dovesons may not have independently verified that information and does not assume responsibility for its accuracy, completeness, authenticity or timeliness.

Certain statements may be forward-looking and based on assumptions, expectations, estimates or projections. Actual events and results may differ materially. Dovesons undertakes no obligation to update any information except as required by law.

References to sectors, companies, governments, institutions, investors, transactions or relationships do not necessarily indicate a current mandate, endorsement, partnership, affiliation, completed transaction or authorization to use another person’s name.

12. Compensation, referrals and conflicts

Subject to applicable law and the terms of a written engagement, Dovesons may receive retainers, advisory fees, milestone fees, consulting fees, success fees, reimbursement of expenses or other agreed compensation in connection with its services. Compensation arrangements may create actual or potential conflicts of interest and will be addressed in the applicable engagement documentation where required.

Dovesons may introduce or refer clients or counterparties to third-party legal, accounting, tax, financing, technical, insurance, registered-dealer or other service providers. Dovesons does not control and is not responsible for services provided by third parties. Any referral compensation or other material economic arrangement will be disclosed where required by applicable law.

The Firm or its affiliates, owners, personnel or related parties may have existing or future commercial interests in businesses, assets or transactions discussed on the Website or in an engagement. Any legally required disclosure will be made in the applicable transaction process or definitive agreement.

13. Principal transactions

Subject to applicable law, Dovesons or its affiliates may acquire, own, finance, operate or dispose of businesses and business assets for their own account. Any such principal activity is separate from Website content and does not make any opportunity available to Website users. Nothing on the Website constitutes an invitation to co-invest with Dovesons or participate in any Dovesons investment.

14. Eligibility and geographic restrictions

The Website is directed only to persons who may lawfully access it. Dovesons does not represent that the Website or any described service is appropriate, lawful or available in every jurisdiction. You are responsible for complying with the laws applicable to your access and use.

Dovesons may restrict access, communications or services based on location, status, sophistication, accreditation, institutional eligibility, sanctions considerations or other legal and commercial factors. No service is offered where doing so would be unlawful or would require Dovesons to obtain a registration, licence or authorization that it does not hold.

15. Sanctions, anti-corruption and lawful conduct

You may not use the Website or engage with Dovesons in connection with unlawful conduct, money laundering, terrorist financing, sanctions evasion, bribery, corruption, fraud, market manipulation, insider trading, export-control violations or concealment of beneficial ownership or source of funds.

Dovesons may conduct identity, beneficial-ownership, sanctions, anti-money-laundering, reputational and other diligence; request supporting information; suspend communications; reject a party or mandate; or make a report to an appropriate authority where permitted or required by law. Dovesons is not obligated to disclose the existence or result of such review.

16. Intellectual property

The Website and its content—including text, graphics, photographs, designs, interfaces, logos, names, trademarks, service marks, reports, data compilations and other materials are owned by or licensed to Dovesons and are protected by applicable intellectual-property laws.

Subject to these Terms, Dovesons grants you a limited, revocable, non-exclusive, non-transferable licence to access and use the Website for your own lawful internal informational purposes. No other rights are granted.

You may not copy, reproduce, republish, distribute, sell, license, scrape, frame, mirror, modify, create derivative works from, remove notices from, train an artificial-intelligence system on, commercially exploit or otherwise use Website content without Dovesons’ prior written consent, except to the limited extent such restriction is prohibited by applicable law.

“Dovesons,” “Doveson,” “Dovesons & Co.” and associated names, marks, slogans and logos are trademarks or claimed trademarks of Dovesons. Use of a ™ symbol does not represent that a mark is federally registered. Third-party names and marks belong to their respective owners.

17. Acceptable use

You must not:

• access or use the Website unlawfully, fraudulently or in a manner that infringes another person’s rights;

• interfere with the Website’s availability, security, integrity or operation;

• introduce malware, malicious code or harmful material;

• attempt unauthorized access, circumvention, probing or vulnerability testing;

• impersonate another person or misrepresent your identity or authority;

• harvest personal information or contact information;

• use automated systems to scrape, index or extract Website content without written permission;

• use Website information to send unsolicited communications;

• reverse engineer any Website component; or

• assist another person in doing any of the foregoing.

Dovesons may restrict or terminate access without notice where it reasonably believes these Terms have been violated.

18. Third-party websites and services

The Website may contain links to third-party websites, platforms, data or services. Links are provided for convenience and do not constitute endorsement, approval or verification. Dovesons does not control and is not responsible for third-party content, security, availability, privacy practices or services. Your use of third-party resources is at your own risk and subject to their terms.

19. Privacy, cookies and electronic communications

Dovesons may collect, use, retain and disclose personal information as described in its Privacy Policy, which should be read together with these Terms. The Privacy Policy should identify the Website operator, categories of information collected, purposes, lawful bases where applicable, service providers, international transfers, retention, security practices, cookies, analytics, marketing communications, individual rights and contact procedures.

By submitting contact information, you authorize Dovesons to respond to your request and communicate with you about that request. Marketing communications will be sent only as permitted by applicable law, and you may use the provided unsubscribe method. Email and internet communications are not guaranteed to be secure, confidential, accurate or complete.

20. Website availability and changes

Dovesons may modify, suspend, withdraw, restrict or discontinue any part of the Website at any time without notice. Content may be incomplete, outdated or contain technical or typographical errors. Dovesons has no obligation to maintain, update or correct the Website.

Dovesons may amend these Terms by posting an updated version and changing the effective date. Continued use after an amendment becomes effective constitutes acceptance of the amended Terms to the extent permitted by law.

21. Disclaimer of warranties

TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE WEBSITE AND ALL CONTENT ARE PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT ANY REPRESENTATION, WARRANTY OR CONDITION OF ANY KIND, EXPRESS, IMPLIED, STATUTORY OR OTHERWISE. DOVESONS DISCLAIMS ALL IMPLIED WARRANTIES AND CONDITIONS, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, COMPLETENESS, SECURITY, AVAILABILITY AND FREEDOM FROM VIRUSES OR OTHER HARMFUL COMPONENTS.

DOVESONS DOES NOT WARRANT THAT THE WEBSITE WILL BE UNINTERRUPTED, ERROR-FREE, SECURE OR SUITABLE FOR ANY PURPOSE. SOME JURISDICTIONS DO NOT ALLOW CERTAIN DISCLAIMERS, SO SOME OF THE FOREGOING MAY NOT APPLY TO YOU.

22. Limitation of liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, DOVESONS AND ITS AFFILIATES, OWNERS, DIRECTORS, OFFICERS, EMPLOYEES, CONTRACTORS, REPRESENTATIVES, LICENSORS AND SERVICE PROVIDERS WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES; LOSS OF PROFITS, REVENUE, BUSINESS, OPPORTUNITY, DATA, GOODWILL OR ANTICIPATED SAVINGS; TRANSACTION FAILURE; OR BUSINESS INTERRUPTION ARISING OUT OF OR RELATING TO THE WEBSITE, WEBSITE CONTENT, THESE TERMS OR YOUR RELIANCE ON ANY INFORMATION, REGARDLESS OF THE THEORY OF LIABILITY AND EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE AGGREGATE LIABILITY OF DOVESONS AND THE OTHER RELEASED PARTIES ARISING FROM OR RELATING TO THE WEBSITE OR THESE TERMS WILL NOT EXCEED THE GREATER OF (A) THE AMOUNT YOU PAID DOVESONS SPECIFICALLY FOR ACCESS TO THE WEBSITE DURING THE TWELVE MONTHS BEFORE THE EVENT GIVING RISE TO LIABILITY AND (B) US $0.01.

Nothing in these Terms excludes or limits liability that cannot lawfully be excluded or limited, including liability for fraud or fraudulent misrepresentation where applicable. Liability arising under an executed engagement agreement is governed by that agreement, not this section.

23. Indemnification

To the maximum extent permitted by law, you will defend, indemnify and hold harmless Dovesons and its affiliates, owners, directors, officers, employees, contractors and representatives from claims, proceedings, liabilities, losses, damages, judgments, penalties, costs and reasonable legal fees arising from or relating to: (a) your unlawful or unauthorized use of the Website; (b) your breach of these Terms; (c) information or materials you submit; or (d) your infringement or violation of another person’s rights.

Dovesons may control the defence of a matter subject to indemnification, and you will reasonably cooperate. You may not settle a claim imposing liability, admission or obligation on a protected party without Dovesons’ prior written consent.

24. Governing law and disputes

These Terms and any dispute arising from or relating to the Website are governed by the laws of New York.

Subject to any mandatory law, the courts located in New York will have exclusive jurisdiction, and you irrevocably submit to their jurisdiction and venue.

25. General provisions

If any provision of these Terms is determined to be invalid, illegal or unenforceable, it will be enforced to the maximum lawful extent and the remaining provisions will remain effective. Dovesons’ failure to enforce a provision is not a waiver. No waiver is effective unless in writing.

You may not assign these Terms without Dovesons’ prior written consent. Dovesons may assign these Terms in connection with a reorganization, merger, acquisition, transfer of business or assets, or by operation of law.

These Terms, together with the Privacy Policy and any notices expressly incorporated by reference, constitute the entire agreement regarding use of the Website. Headings are for convenience only. “Including” means “including without limitation.” Electronic versions and records have the same effect as originals to the extent permitted by law.

26. Contact

Questions concerning these Terms may be directed to:

Dovesons & Co.
Email: legal@dovesons.com