Disclosures and risk factors.

1. Eligibility

onecap is a private placement domiciled in Estonia under the small-AIFM regime, offered exclusively to qualified investors (as defined in Article 2 of Regulation (EU) 2017/1129), professional clients under MiFID II, and equivalent categories of accredited or high-net-worth investors under applicable law in eligible jurisdictions. Interests in the fund are not registered under the U.S. Securities Act or any U.S. state securities laws, and may not be offered or sold absent registration or an applicable exemption. Subscription is subject to verification of investor status and successful completion of KYC and AML procedures.

2. Risk factors

Investment in the fund involves a high degree of risk. Material risks include, without limitation:

• Total loss of capital. Investors may lose all or a substantial portion of their investment.
• Illiquidity. Interests are not publicly traded. Redemptions are permitted only on quarterly windows subject to advance notice, and the manager may suspend or gate redemptions in extraordinary circumstances.
• Leverage. Certain streams (notably LEAPS options and crypto futures) may employ implicit or explicit leverage. Leverage magnifies both gains and losses.
• Model and signal risk. The fund's strategies depend on quantitative models, third-party data feeds, and signal aggregation. Models can fail, data can be wrong or delayed, and historical patterns may not persist.
• Counterparty, broker, and custody risk. The fund relies on third-party brokers (Saxo Bank, Bybit, and others), custodians, and exchanges. Failure, fraud, or insolvency of any of these counterparties could result in losses.
• Operational and cybersecurity risk. Systems may fail. Data may be breached. Trading may be interrupted.
• Regulatory and geopolitical risk. Changes in law, sanctions, exchange suspensions, or capital controls in any jurisdiction may adversely affect the fund.

3. No investment advice

Nothing on this website constitutes investment, tax, accounting, or legal advice, or a recommendation to buy or sell any security. Information is provided for general informational purposes only. Prospective investors should consult their own professional advisers before making any investment decision.

4. Forward-looking statements

This site contains forward-looking statements, including target returns, projected outcomes, and statements about strategy and process. These are inherently uncertain and depend on assumptions that may prove wrong. Actual results may differ materially. No assurance is given that any objective will be achieved.

5. Performance methodology

Performance figures shown on this site are derived from the fund's internal accounting and broker statements where available. The Flow 2026 book is currently paper-traded across all four streams; paper results are clearly labelled wherever shown and do not reflect actual trading. Live capital deployment is targeted for Q3 2026, subject to a 90-day sandbox metrics review and clearance of internal governance gates. Once live, results will reflect actual fills net of broker commissions and slippage and, unless otherwise noted, will be shown gross of performance and entry fees; after-fee returns to investors will be lower. Attribution by stream and signal layer is computed on a contribution-to-NAV basis.

6. Tax

The tax treatment of an investment in the fund depends on individual circumstances and may change. Investors are responsible for their own tax position and should consult a qualified tax adviser in their jurisdiction.

7. Jurisdictions

onecap is domiciled in Estonia and operates as a private placement under the EU AIFMD small-AIFM regime. The offering is directed only at qualified / professional investors resident in EU/EEA jurisdictions who satisfy the eligibility criteria above. Operational offices: Tallinn (HQ), Prague, and Limassol (Cyprus). The fund is not registered for public distribution in any jurisdiction and is not available to retail investors. Persons in any jurisdiction in which the offer or solicitation would be unlawful are restricted from accessing the offering. Nothing on this site constitutes an offer to sell or a solicitation of an offer to buy any security in any jurisdiction where such offer or solicitation would be unlawful.

8. Questions

Email investors@onecap.fund for the full Private Placement Memorandum, Limited Partnership Agreement, and subscription documents. We respond within one business day.

Last updated: 7 May 2026