How a Future Offering Would Work

1. Where things stand today

Brickly is gauging investor interest only. No money or other consideration is being solicited or accepted, and no offer to buy securities can be accepted at this time. Joining a waitlist creates no obligation for you and no commitment from us to allocate shares to you.

Everything on the marketplace today, including yields, cap rates, calculators, and sale scenarios, is a hypothetical illustration built on assumptions we chose. None of it is an offer, and none of it replaces the documents described below.

2. Who would run an offering

If Brickly ever offers securities, the offering would be conducted under an applicable exemption and, where required, through an SEC registered broker dealer or funding portal, not directly through this website. That intermediary, not this site, would deliver the offering materials, run investor onboarding and identity checks, and accept funds.

Investor money would never sit in a Brickly bank account waiting to be deployed. Funds would be handled by the regulated intermediary or a qualified escrow agent named in the offering documents.

3. What the offering documents would disclose

For each property, the offering documents would set out the specific facts behind the listing, including:

• •Acquisition price, the basis for the valuation, and who prepared it
• •The ownership entity, what investors would actually hold, and voting or control rights
• •Any mortgage or other debt, its terms, and how it affects distributions
• •The property manager, the management agreement, and what it costs
• •Related party transactions, including any relationship between a seller and Brickly or its founders
• •Gross rent versus net operating income, operating expenses, capital reserves, and vacancy assumptions
• •Platform fees, offering expenses, and anything else that reduces investor returns
• •How and when distributions would be calculated and paid, and when they can be reduced or suspended
• •The assumptions behind any projected return, and what happens if they do not hold
• •Risk factors, illiquidity, transfer restrictions, and the absence of any guaranteed exit date
• •Financial statements and tax reporting as required for the exemption used

4. The steps an investor would go through

First, you would review the full offering materials on the intermediary's platform. Second, you would complete identity verification and any eligibility or investment limit checks the rules require. Third, you would sign subscription documents. Fourth, funds would move to escrow. Shares would be issued only after the offering closes on the stated terms.

You would have the cancellation rights the applicable rules give you, and those rights would be described in the offering materials.

5. Which document controls

If anything on this website ever conflicts with an offering document, the offering document controls. Marketing copy, illustrations, and calculator outputs on this site are not part of any offering and are not incorporated into it.

6. What we will never do

We will not promise a guaranteed return, describe any yield as safe or insured, accept payment for shares outside a regulated channel, or tell you an investment is suitable for you. Brickly is not a broker dealer, an investment adviser, a registered exchange, or a bank, and investments are not FDIC or SIPC insured.