Brand Amounts payable to the Series are generally expected to equal the applicable Brand Percentage multiplied by the athlete’s gross qualifying earnings before athlete-level taxes, as defined in the Brand Advisory Agreement. After the Series receives those amounts, pro rata distributions to Unit holders are expected quarterly from available Free Cash Flow. Series operating fees and expenses are currently expected to be negligible relative to Brand Amounts received, but actual expenses, taxes, reserves, other obligations, timing, and Manager discretion may affect the amount available. Distributions are not guaranteed, and there is no automatic reinvestment right.
If a distribution is declared and credited to an available cash balance, an investor may be able to retain or withdraw the funds, subject to current account terms. Using those funds for another offering would require a separate subscription governed by that offering’s Offering Circular and subscription agreement.
Each new subscription remains subject to eligibility, investment limits, lawful jurisdiction, KYC/AML review, cleared funds, and acceptance by the applicable Series. A prior investment or distribution does not guarantee allocation or acceptance. The applicable Offering Circular controls. SEC qualification permits sales of the qualified offering; it is not SEC approval, recommendation, endorsement, or a suitability determination.
If there is availability in the same offering then the distributions can be reinvested and if not the distributions can be used on other offerings on the app if they are available now or whenever they become next available.