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GLOBAL RESEARCH ARCHIVE

Car Talk: Volume 27

Published: 2026-07-05Institution: BTIGPages: 6Original language: 英语Evidence page: 5

Research evidence excerpt

Car Talk: Volume 27

n regarding the private enterprises discussed in these materials. The information contained

in this document may differ from information a private company may subsequently make public or otherwise share with

investors. BTIG assumes no responsibility for any such discrepancies. The reader should not assume that any discussion of private

companies discussed in these materials is to be regarded as an express or implied acknowledgement or accedence to any research

expectation of any private company if it goes public.

For a complete list of BTIG Disclosures including public company-specific disclosures and explanation of BTIG LLC’s research

Ratings Definitions for public companies, please visit https://research.btig.com/disclosures.

Investors in securities products bear certain risks in conjunction with those investments. The value of, and income from, any

investments may vary because of changes in interest rates or foreign exchange rates, securities prices or market indexes,

operational or financial conditions of companies or other factors within or beyond the companies’ control. Recipient of the

research reports should be aware that investments in securities may pose significant risks due to the inherent uncertainty

associated with relying on forecasts of various factors that can affect the earnings, cash flow and overall valuation of a company.

Any investment in securities should be undertaken only upon consideration of issues relating to the recipient’s overall investment

portfolio and objectives (such as diversification by asset class, industry or company) as well as time horizon and liquidity needs.

Further, past performance should not be taken as an indication or guarantee of future performance, and no representation or

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