Regulatory Positioning

Interlink Foundry LLC operates Interlink Foundry as a neutral third-party network and software platform for founders, investors, business sellers, and buyers. This page explains the operating boundaries we use to keep networking, software, and informational analysis separate from activities that can require securities-industry registration.

Our role: a neutral third-party network

Interlink provides software for business discovery, user-directed introductions, profile and document sharing, relationship management, messaging, Data Rooms, and informational Zelda reports. Users decide whom to contact, what information to share, whether to continue a relationship, and whether to pursue any financing or business transaction.

Interlink does not become a party to a user's financing, investment, acquisition, or sale transaction merely because participants discovered one another or used software tools on the platform.

No success fees or transaction-based compensation

Interlink's platform revenue is structured around disclosed software membership fees and fixed-price software or report products. We do not charge:

• a percentage of capital raised;
• a percentage of a business purchase or sale price;
• a commission based on the amount invested;
• a success fee that becomes payable because financing or a transaction closes; or
• compensation that increases based on the size or outcome of a securities transaction.

A user may pay for access to software, visibility features, workflow tools, or a Zelda report whether or not any transaction ever occurs.

We do not negotiate or execute securities transactions

Interlink does not negotiate investment terms for users, set securities pricing, transmit orders, execute trades, route orders to a market, handle securities, or accept custody of investor funds. Interlink does not escrow investment proceeds or transaction consideration.

Participants are responsible for conducting their own communications, negotiations, documentation, professional review, and closing process outside the functions that Interlink supplies as neutral software.

User-directed introductions, not placement-agent activity

Interlink may surface profiles whose stated criteria align and may allow a user to request an introduction. The user chooses whether to make that request and whether to respond. Interlink does not promise financing, solicit an investment on behalf of an issuer, or represent that a displayed company is suitable for a particular investor.

Paid placement or visibility features affect where eligible content is displayed. They do not increase a company's semantic alignment, evidence status, valuation, or likelihood of completing a transaction.

No investment recommendations

Interlink and Zelda do not recommend that a person invest in, buy, sell, or hold a security or business. Zelda can organize company-provided materials, compare extracted claims with available evidence, surface assumptions and limitations, and produce informational business analyses. The decision remains with the user.

Match and alignment signals describe similarity between stated profile criteria. They are not investment recommendations, suitability determinations, predictions of transaction success, or assessments of company quality.

Zelda reports are informational software outputs

Zelda reports may include an Intelligence Memo, IC Memo, Truth Delta report, Entity Integrity report, or model-based business valuation. These reports can be incomplete or wrong and should be independently checked before a user relies on them.

• Truth Delta reports evidence states for claims Zelda evaluates; it does not establish that a company is truthful or untruthful.
• Entity Integrity reports available public identity or registration evidence; missing records do not establish that a company is illegitimate.
• Business valuation is a model-based estimate with assumptions and limitations; it is not an appraisal, fairness opinion, or transaction price.
• IC and Intelligence Memos organize information, scenarios, risks, and questions; they do not tell a user whether to invest or transact.

We do not hold ourselves out as a broker, dealer, or investment adviser

Interlink Foundry LLC is not registered with the SEC as a broker-dealer or investment adviser, and the platform is not presented as providing those regulated services. We do not describe Interlink as an investment bank, placement agent, securities exchange, trading venue, or portfolio adviser.

If Interlink's business model, compensation structure, or transaction involvement changes, we will reassess the regulatory implications before representing that the new activity falls within the same operating boundaries described on this page.

Issuers and participants remain responsible for securities-law compliance

Interlink does not register or qualify securities offerings for users. A founder or company raising capital remains responsible for determining whether an offering must be registered or may rely on an exemption, for required disclosures and filings, and for complying with applicable federal and state law.

Investors, buyers, sellers, and issuers are responsible for their own diligence and should obtain qualified legal, tax, accounting, financial, or other professional advice when appropriate.

Why these boundaries matter

SEC guidance identifies factors that can indicate broker activity, including participating in solicitation, negotiation, or execution; receiving compensation based on the outcome or size of a transaction; facilitating securities purchases and sales as a business; and handling securities or funds of others. Interlink's current operating model is deliberately designed to avoid those functions while providing neutral networking, software, and informational tools.

The SEC also treats compensated advice, recommendations, reports, or analyses concerning securities as potentially relevant to investment-adviser status. Interlink therefore keeps Zelda's role informational and non-directive: evidence and analysis are presented for the user to evaluate, not as a recommendation to buy, sell, hold, or invest.

Questions or regulatory concerns

If you believe a feature or communication on Interlink is inconsistent with these boundaries, please contact us so it can be reviewed.