This Agreement is between HIGH-TECHS L.L.C. ("Issuer") and the person accepting it (the "Investor"). It is entered into when the Investor confirms acceptance and the subscription is accepted by the Issuer.
The Investor subscribes for GPU Units — a contractual right to a share of the net revenue generated by specified computing hardware operated by the Issuer (a revenue-share entitlement). Each Unit entitles the Investor to a pro-rata share of the net revenue attributable to the relevant hardware and to redemption on the terms below. A Unit is not a bank deposit and is not covered by any deposit-guarantee or investor-compensation scheme.
Distributions are derived from the net revenue generated by the underlying hardware, calculated as gross rental/compute income less hosting, power, maintenance, a 2% per-year management fee, a 20% performance fee on net profit, and a maintenance reserve. Net revenue is divided by the total number of Units and distributed pro rata to the Units held. The "yield" and "APY" figures shown are targets, not guarantees (see Risk Disclosure). The Issuer does not promise any fixed or minimum return.
The Issuer charges a management fee of 2% per year, a performance fee of 20% of net profit, and a withdrawal fee of 1%, and passes through applicable network and third-party fees. Fees are disclosed before you confirm each subscription.
The Issuer does not provide investment, legal or tax advice. Nothing on the Platform is a personal recommendation.
The Investor acknowledges the risks in the Risk Disclosure, including possible total loss of capital, illiquidity, and that returns are not guaranteed.
On termination, default or wind-down, the underlying hardware is realised and, after settlement of costs and any secured or preferred creditors, the remaining proceeds are distributed pro rata to Unit holders. The Investor may rank behind secured or preferred creditors and may recover less than the amount invested, or nothing.
Material amendments require 30 days' prior notice and the Investor's consent. Non-material updates may be made on notice.
This Agreement is governed by the laws of the United Arab Emirates as applied in the Emirate of Dubai, and disputes are subject to arbitration at the Dubai International Arbitration Centre (DIAC), with seat in Dubai.
By clicking "I agree" and completing a subscription, the Investor accepts this Agreement, the Terms of Service, the Privacy Policy and the Risk Disclosure.