Terms of Service

Effective date: August 3, 2026

1. Acceptance of terms

These Terms of Service ("Terms") constitute a binding agreement between you ("you," "your," or "User") and Vero ("Vero," "we," "us," or "our"), governing your access to and use of the Vero website at verostocks.com, along with any associated applications, features, tools, content, and services (collectively, the "Service").

By accessing, registering for, or using the Service, you acknowledge that you have read, understood, and agree to be bound by these Terms and by our Privacy Policy, which is incorporated by reference. If you do not agree to these Terms, you must not access or use the Service.

If you are using the Service on behalf of an organization, you represent that you have authority to bind that organization to these Terms, and "you" refers to both you individually and that organization.

2. Eligibility

To use the Service, you must:

• Be at least 18 years of age, or the age of legal majority in your jurisdiction, whichever is greater;
• Have the legal capacity to enter into a binding contract;
• Not be prohibited from using the Service under the laws of your jurisdiction or any applicable sanctions, export controls, or similar restrictions.

The Service is not directed to children under 13, and we do not knowingly collect information from children under 13. If we learn that we have collected personal information from a child under 13, we will delete it.

We reserve the right to refuse service, terminate accounts, or restrict access at our discretion where eligibility requirements are not met.

3. Description of the Service

Vero is an informational and analytical software platform designed for individual investors. The Service includes, among other features:

• Thesis tracking — tools allowing you to record your own reasoning about a company and to receive automated evaluations of how subsequent news relates to that recorded reasoning;
• Watchlists and market data — display of publicly available market information for securities you choose to track;
• AI-generated summaries and analysis — automated summaries, ratings, sentiment classifications, and briefings generated using third-party artificial intelligence models;
• Research tools — including valuation calculators, comparison tools, filing summarization, and fundamental analysis utilities;
• Alerts and notifications — configurable notifications regarding events affecting securities you track;
• Customizable workspace — user-configurable layouts and saved views.

We may add, modify, suspend, or discontinue any feature of the Service at any time, with or without notice. We are not liable to you or any third party for any such change or discontinuation.

4. Not financial, investment, legal, or tax advice

This section is fundamental to your use of the Service. Read it carefully.

4.1 Informational purposes only. All content provided through the Service — including AI-generated summaries, thesis evaluations, ratings, sentiment classifications, importance scores, valuation outputs, briefings, and any other output — is provided for informational and educational purposes only. It does not constitute, and must not be relied upon as, financial advice, investment advice, legal advice, tax advice, accounting advice, or a recommendation of any kind.

4.2 No advisory relationship. Vero is not a registered investment adviser, broker-dealer, financial planner, or financial institution, and is not registered with or licensed by any securities regulator. Nothing in the Service creates a fiduciary, advisory, or professional relationship between you and Vero.

4.3 No recommendations. Nothing in the Service constitutes an offer, solicitation, or recommendation to buy, sell, hold, or otherwise transact in any security, financial instrument, or asset. Any classification, score, rating, or evaluation produced by the Service is an automated informational signal, not a recommendation to act.

4.4 You are solely responsible for your decisions. All investment decisions you make are yours alone. You should conduct your own independent research and consult a qualified, licensed financial professional before making any investment decision. You assume full responsibility for any action you take based on information obtained through the Service.

4.5 Risk of loss. Investing in securities involves substantial risk, including the possible loss of principal. Past performance is not indicative of future results. No content on the Service should be interpreted as a guarantee, projection, or assurance of any particular outcome.

5. Artificial intelligence and automated content

5.1 AI-generated output. Substantial portions of the Service's content are generated by automated systems and third-party large language models. Such output may be inaccurate, incomplete, outdated, misleading, or entirely incorrect, including in ways that are not obvious.

5.2 No verification guarantee. While the Service may cite sources, we do not guarantee that AI-generated summaries accurately represent the content of those sources, that cited sources are themselves accurate, or that any evaluation correctly reflects the underlying facts.

5.3 Your responsibility to verify. You are responsible for independently verifying any information obtained through the Service before relying on it for any purpose. Do not treat AI-generated output as fact without verification.

5.4 Thesis evaluations. Thesis evaluation features assess news against reasoning you have provided. These evaluations are automated interpretations and may misclassify, misinterpret, or fail to identify relevant developments. A classification of "confirmed," "challenged," "broken," or similar is an automated output, not a determination of fact.

6. Accounts and security

6.1 Registration. Certain features require an account. You agree to provide accurate, current, and complete information during registration and to keep it updated.

6.2 Account security. You are responsible for maintaining the confidentiality of your account credentials and for all activity occurring under your account. You agree to notify us immediately at hello@verostocks.com of any unauthorized access or security breach.

6.3 One account per person. You may not create multiple accounts to circumvent usage limits, free-tier restrictions, or account suspensions.

6.4 Third-party sign-in. If you register using a third-party authentication provider, your use of that provider is governed by that provider's own terms and privacy policy, and you authorize us to access the account information that provider makes available to us.

7. Subscriptions, billing, and cancellation

7.1 Plans. The Service is offered on a free tier and on paid subscription tiers. Current pricing, features, and limits for each tier are displayed on our pricing page and are incorporated into these Terms by reference.

7.2 Payment processing. Payments are processed by a third-party payment processor. We do not store your full payment card details. Your use of payment services is also subject to that processor's terms and privacy policy.

7.3 Automatic renewal. Paid subscriptions renew automatically at the end of each billing period at the then-current rate, unless cancelled before the renewal date. By subscribing, you authorize recurring charges to your payment method.

7.4 Cancellation. You may cancel at any time through your account settings. Cancellation takes effect at the end of the current billing period. You will retain access to paid features until that period ends.

7.5 Refunds. Payments are non-refundable except where required by applicable law.

7.6 Price changes. We may change subscription pricing. We will provide advance notice of any price increase affecting your subscription, and any increase will take effect at your next renewal. Continued use after a price change takes effect constitutes acceptance.

7.7 Failed payments. If a payment fails, we may suspend or downgrade your access to paid features until payment is successfully processed.

7.8 Taxes. You are responsible for any applicable taxes, and prices displayed may not include tax unless stated.

8. Acceptable use

You agree not to:

• Use the Service for any unlawful purpose or in violation of any applicable law or regulation;
• Attempt to gain unauthorized access to the Service, other users' accounts, or any systems or networks connected to the Service;
• Scrape, crawl, harvest, or systematically extract data from the Service by automated means without our express written permission;
• Reverse engineer, decompile, or attempt to derive the source code or underlying models of the Service, except where such restriction is prohibited by law;
• Resell, redistribute, sublicense, or commercially exploit the Service or its content without authorization;
• Use the Service to develop a competing product or service;
• Circumvent or attempt to circumvent usage limits, rate limits, tier restrictions, or access controls;
• Introduce malware, viruses, or any code intended to disrupt or damage the Service;
• Impersonate any person or entity, or misrepresent your affiliation with any person or entity;
• Use the Service in any manner that could disable, overburden, damage, or impair it, or interfere with any other party's use of it;
• Submit content that is unlawful, defamatory, harassing, infringing, or otherwise objectionable.

We reserve the right to investigate and take appropriate action — including suspension or termination — against any User we believe has violated this section.

9. User content

9.1 Your content. You may submit content to the Service, including investment theses, notes, custom tool definitions, and feedback ("User Content"). You retain ownership of your User Content.

9.2 License to us. You grant us a worldwide, non-exclusive, royalty-free license to host, store, reproduce, process, and display your User Content solely to the extent necessary to operate, maintain, and improve the Service for you. This license terminates when you delete the relevant User Content or your account, except for content retained in backups for a commercially reasonable period or as required by law.

9.3 Feedback. If you submit suggestions, feature requests, or feedback about the Service, you grant us an unrestricted, perpetual, irrevocable right to use, implement, and commercialize that feedback without obligation or compensation to you.

9.4 Your responsibility. You represent that you have all necessary rights to submit your User Content and that it does not violate these Terms, any law, or any third party's rights.

9.5 Removal. We may remove or refuse to display User Content that we reasonably believe violates these Terms or applicable law.

10. Third-party data and services

10.1 Market and news data. The Service displays market data, news headlines, and related information sourced from third-party providers. We do not control, verify, or guarantee the accuracy, completeness, timeliness, or availability of this data.

10.2 Delays and errors. Market data may be delayed, inaccurate, or unavailable. You must not rely on data displayed through the Service for time-sensitive decisions.

10.3 Third-party links. The Service may link to third-party websites or sources. We do not endorse and are not responsible for their content, accuracy, or practices. Accessing third-party sites is at your own risk and subject to their terms.

10.4 Service dependencies. The Service relies on third-party infrastructure, data, AI, and payment providers. Interruption, degradation, or discontinuation of any such provider may affect the Service, and we are not liable for resulting unavailability or malfunction.

11. Intellectual property

11.1 Our property. The Service — including its software, design, interface, text, graphics, logos, trademarks, and all other materials except User Content — is owned by us or our licensors and protected by intellectual property laws.

11.2 Limited license to you. Subject to your compliance with these Terms, we grant you a limited, revocable, non-exclusive, non-transferable, non-sublicensable license to access and use the Service for your own personal, non-commercial use.

11.3 Restrictions. You may not copy, modify, distribute, sell, lease, or create derivative works from any part of the Service, except as expressly permitted by these Terms or applicable law.

11.4 Trademarks. "Vero" and associated logos and branding are our trademarks. You may not use them without our prior written permission.

12. Privacy

Our collection, use, and handling of personal information is described in our Privacy Policy. By using the Service, you consent to those practices.

13. Disclaimers of warranty

The Service is provided "as is" and "as available," without warranties of any kind, express or implied.

To the fullest extent permitted by applicable law, we disclaim all warranties, including but not limited to implied warranties of merchantability, fitness for a particular purpose, title, non-infringement, accuracy, and any warranties arising from course of dealing or usage of trade.

Without limiting the foregoing, we do not warrant that:

• The Service will be uninterrupted, timely, secure, or error-free;
• Any content, data, analysis, or output provided will be accurate, complete, reliable, current, or free of errors;
• Any AI-generated content will be correct or suitable for any purpose;
• Defects will be corrected;
• The Service or its servers are free of viruses or other harmful components;
• Any results obtained from use of the Service will meet your expectations or produce any particular financial outcome.

Some jurisdictions do not allow the exclusion of certain warranties, so some of the above exclusions may not apply to you.

14. Limitation of liability

To the maximum extent permitted by applicable law:

14.1 In no event shall Vero, its owners, operators, employees, contractors, affiliates, or licensors be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, including but not limited to investment losses, lost profits, lost revenue, lost data, trading losses, or loss of goodwill, arising out of or relating to your use of, or inability to use, the Service — regardless of the theory of liability and even if we have been advised of the possibility of such damages.

14.2 Our total aggregate liability arising out of or relating to these Terms or the Service shall not exceed the greater of (a) the total amount you paid to us in the twelve (12) months immediately preceding the event giving rise to the claim, or (b) one hundred United States dollars (USD $100).

14.3 You expressly acknowledge that Vero is an informational tool, that all investment decisions are your own, and that we bear no responsibility for financial losses resulting from decisions you make.

Some jurisdictions do not allow certain limitations of liability, so some of the above may not apply to you. In such cases, our liability is limited to the fullest extent permitted by law.

15. Indemnification

You agree to indemnify, defend, and hold harmless Vero and its owners, operators, employees, contractors, affiliates, and licensors from and against any claims, liabilities, damages, losses, costs, and expenses (including reasonable legal fees) arising out of or related to:

• Your use of or access to the Service;
• Your violation of these Terms;
• Your violation of any law or the rights of any third party;
• Your User Content;
• Any investment or financial decision you make.

16. Termination

16.1 By you. You may stop using the Service and delete your account at any time through your account settings.

16.2 By us. We may suspend or terminate your access to the Service at any time, with or without notice, including if we believe you have violated these Terms, if required by law, or if we discontinue the Service.

16.3 Effect of termination. Upon termination, your right to use the Service ceases immediately. Sections that by their nature should survive termination — including Sections 4, 5, 9.3, 11, 13, 14, 15, 17, and 18 — shall survive.

16.4 Data on termination. Following account deletion, we will delete or anonymize your personal data in accordance with our Privacy Policy, except where retention is required by law.

17. Changes to these Terms

We may modify these Terms at any time. If we make material changes, we will provide reasonable notice — such as by posting an updated version with a revised "Last updated" date, and where appropriate, by notifying you through the Service or by email.

Your continued use of the Service after changes take effect constitutes acceptance of the revised Terms. If you do not agree, you must stop using the Service.

18. Governing law and dispute resolution

18.1 Governing law. These Terms are governed by the laws of the State of California, without regard to conflict of law principles.

18.2 Venue. Any dispute shall be brought exclusively in the state or federal courts located in the State of California, and you consent to personal jurisdiction there.

18.3 Informal resolution. Before filing any formal claim, you agree to first contact us at hello@verostocks.com and attempt in good faith to resolve the dispute informally for at least thirty (30) days.

19. General provisions

19.1 Entire agreement. These Terms, together with the Privacy Policy and any other policies referenced herein, constitute the entire agreement between you and us regarding the Service.

19.2 Severability. If any provision is found unenforceable, that provision shall be limited or severed to the minimum extent necessary, and the remaining provisions shall remain in full force.

19.3 No waiver. Our failure to enforce any provision does not constitute a waiver of that or any other provision.

19.4 Assignment. You may not assign or transfer these Terms without our prior written consent. We may assign these Terms without restriction, including in connection with a merger, acquisition, or sale of assets.

19.5 Force majeure. We are not liable for any failure or delay resulting from causes beyond our reasonable control.

19.6 Headings. Section headings are for convenience only and do not affect interpretation.

20. Contact

Questions about these Terms may be directed to:

Vero
Email: hello@verostocks.com
Website: verostocks.com

By using Vero, you acknowledge that you have read and understood these Terms of Service and agree to be bound by them.