Deal Pulse is a curated snapshot of ArcStone platform activity and representative experience, presented for informational purposes only. Any references to issuers, transactions, or market activity are not an offer to sell or a solicitation of an offer to buy any security, and do not constitute investment advice, a recommendation, or a commitment to act as underwriter, placement agent, or advisor in any specific transaction. Transaction details may be limited, may change, and may be subject to confidentiality, client engagement terms, eligibility requirements, and regulatory approvals. Past activity and examples are not indicative of future results, and no assurance can be given that any transaction will be completed on any terms. Securities business, when conducted, is conducted solely through ArcStone Securities LLC, a FINRA member and SIPC member, and only in jurisdictions where permitted.

References to access reflects the ArcStone Kingswood, a division of Kingswood US, distribution network.

Episode 2