Access to the FASForm 6-1 Spread Calculator dashboard (the “Service”) is restricted. This Acknowledgment sets out the categories under which Frontieras North America, Inc. (“Frontieras”) grants access. You must select one capacity at signup and accurately represent your relationship to Frontieras. Frontieras relies on your representation when granting and maintaining access.
Two broad paths: (1) Investor capacities apply to persons who themselves qualify as U.S. accredited or qualified institutional investors. (2) Authorized non-investor capacities apply to persons who have a legitimate non-investment relationship with Frontieras (employee, contractor, advisor representing an investor, board, strategic counterparty). All paths are subject to the same Privacy Policy, Terms of Service, and No-Reliance Notice.
An institution that owns and invests on a discretionary basis at least $100,000,000 in securities of issuers that are not affiliated with the institution. Categories include insurance companies, registered investment companies, SBICs, private business development companies, state/municipal/ERISA pension plans, trust funds (≥$100M qualifying securities), registered investment advisers, qualifying family offices, banks meeting threshold and net-worth tests, registered broker-dealers, and any entity wholly owned by other QIBs.
An entity that meets any one of: bank / savings & loan / insurance company / registered investment company / BDC / SBIC; state or ERISA employee benefit plan with $5M+ assets; private BDC; corporation, partnership, LLC, or 501(c)(3) organization with $5M+ total assets not formed for the purpose of the acquisition; $5M+ trust with sophisticated-person direction; entity in which all equity owners are accredited; family office with $5M+ AUM not formed to acquire the securities; or any entity owning $5M+ in “investments” per Rule 2a51-1(b).
A natural person who meets any one of: net worth in excess of $1,000,000 (individual or joint with spouse/spousal equivalent, excluding primary residence); individual income above $200,000 (or joint above $300,000) in each of the two most recent years with reasonable expectation of the same in the current year; holding a Series 7, 65, or 82 license in good standing; or qualifying as a knowledgeable employee of the private fund issuer under Rule 3c-5(a)(4).
Persons in these categories have a legitimate business relationship with Frontieras but are not making, and are not representing themselves as, prospective investors in Frontieras securities. These capacities do not count toward Frontieras’ test-the-waters or other safe-harbor investor-disclosure obligations. Persons in these capacities may not use the Service to make personal investment decisions and must not redistribute the Confidential Information.
A current employee of Frontieras North America, Inc. or any subsidiary. Access is granted for internal evaluation, demonstration, training, and operational purposes only.
A person or firm engaged by Frontieras under a written engagement, master services agreement, statement of work, or NDA, including without limitation: outside counsel, auditors, financial advisors retained by the Company, communications agencies, IT consultants, and capital-markets banker personnel. Access is granted for the specific scope of engagement.
A professional acting on behalf of an actual or prospective investor who themselves qualifies under section A — including attorneys, accountants, financial advisors, family office staff, and analysts — whose access is for the purpose of advising their client on a potential transaction. The advisor represents that they will not make any personal investment decision based on the Service, and that their principal qualifies under one of the section A categories.
A current member of Frontieras’ board of directors, board observer, or equivalent governance role.
A non-investor with a commercial relationship with Frontieras, including coal supplier counterparties, product offtake counterparties, joint venture or partnership prospects, large customers or distributors, and similar commercial parties whose interest in the Service is to evaluate the commercial relationship, not to invest.
If your relationship with Frontieras does not fit any of the categories above, you may select “Other” at signup and provide a written description of your relationship and your reason for needing access. Your description will be reviewed by a Frontieras administrator before access is granted, denied, or assigned to one of the standard categories above.
By selecting “Other,” you also represent that you have a legitimate, lawful purpose for access; that you will comply with the Terms of Service, Privacy Policy, and No-Reliance Notice; that you will not make personal investment decisions based on the Service; and that you will not redistribute the Confidential Information.
By selecting a capacity above and accepting this Acknowledgment, you represent and warrant to Frontieras that:
Frontieras reserves the right, in its sole discretion, to (a) request documentation supporting your capacity representation (investment statements, audit letters, engagement letters, securities licenses, employment verification, board resolutions, NDAs, etc.); (b) reassign your capacity to a different category if facts learned during review or operation indicate a different category is more accurate; (c) suspend or terminate access if your capacity is misrepresented or materially changes; and (d) rely on third-party verification services at its option. Failure to provide reasonable supporting documentation upon request may result in suspension or termination of access.
Your selected capacity, any “Other” description, the timestamp of acknowledgment, the IP address, and the version of this document accepted will be recorded in Frontieras’ audit-trail records pursuant to the Privacy Policy and applicable books-and-records requirements. This record will be made available to regulators, auditors, and underwriters as required.
You will be required to re-certify your capacity whenever this Acknowledgment is materially revised (new version published), upon Frontieras’ request, or prior to participating in any securities offering by Frontieras (separate qualified-investor verification will apply at that time).
At signup, you will be asked to select one of the following options:
Your selection (and any free-text description for the Other category), the time and date of acknowledgment, the version of this document you accepted, and the IP address from which you signed up will be permanently recorded. This record cannot be altered after the fact.