This blog is a general communication for informational purposes only and is not and should not be construed as advice or a recommendation concerning any security or other asset, or an offer to sell, or the solicitation of an offer to buy, any security, product, service of Blackbeard Capital (together with its subsidiaries and affiliates, “Blackbeard”) or any fund for which Blackbeard Capital serves as investment manager or general partner, whether existing or contemplated, for which an offer can be made only by such fund’s confidential private placement memorandum and in compliance with applicable law. Blackbeard Capital is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Blackbeard Capital is federally exempt under the Investment Company Act, Section 3(c)(1) Rule 506(b), therefore, is not required to register with the SEC or any state regulatory agency.