Legal
Terms of Use
These Terms of Use ("Terms") govern your access to and use of halvrencapital.com (the "Site") and any content, writeups, frameworks, or data we publish. By using the Site you agree to these Terms. If you do not agree, do not use the Site.
Who we are
Halvren Capital ("Halvren") is a single-principal research and capital-allocation shop based in Vancouver, British Columbia, Canada. Halvren manages proprietary capital only. Halvren is not a registered investment adviser, portfolio manager, broker-dealer, or exempt-market dealer in any jurisdiction. Halvren is not currently accepting outside investors.
Not investment advice
All research, writeups, data, frameworks, checklists, and commentary published on the Site (together, the "Content") are provided for informational and educational purposes only. The Content is not:
- An offer, solicitation, or recommendation to buy, sell, or hold any security, derivative, commodity, digital asset, or financial instrument.
- Investment advice, tax advice, legal advice, accounting advice, or a fiduciary service of any kind.
- An analysis calibrated to any particular reader's objectives, risk tolerance, time horizon, or circumstances.
Nothing you read here should be relied upon as the basis for an investment decision. Before acting on any information, consult a licensed advisor in your jurisdiction who understands your specific situation.
Positions & conflicts
The author and Halvren may hold positions in securities, commodities, or other instruments discussed on the Site. Such positions may be established, changed, or closed at any time without notice and without update to previously published Content. Content may reflect the author's views at the time of writing; those views may change. The Site does not disclose specific position sizes or transaction timing.
No warranty; no liability
The Content is provided "as is" and "as available." While we source data from publicly available filings and reliable sources and review the writeups quarterly, we make no representation or warranty, express or implied, as to the accuracy, completeness, timeliness, or fitness of the Content for any particular purpose. Data may be stale, incorrect, or superseded by new filings. Past performance is not indicative of future results.
To the fullest extent permitted by law, Halvren and its principal disclaim all liability for any loss, damage, or expense (direct, indirect, incidental, consequential, or punitive) arising out of your use of or reliance on the Site or the Content. You use the Site at your own risk.
Paid subscriptions
Halvren offers paid research subscriptions ("Halvren" and "Halvren Pro") billed through Substack. The following terms apply to any paid subscription purchased through the Site or through our Substack publication.
- Nature of the subscription. A Halvren subscription is access to general-circulation research and commentary. It is not a personalized advisory service, managed account, or investment-adviser engagement.
- Billing. Subscription fees are billed in advance on a monthly or annual basis by Substack. Prices are listed in Canadian dollars (CAD) unless stated otherwise. Applicable taxes may be added at checkout based on your jurisdiction.
- Auto-renewal. Subscriptions renew automatically at the end of each billing period at the then-current rate, unless cancelled before the renewal date. You will be notified before any renewal at a higher rate.
- Cancellation. You may cancel at any time through your Substack account. Monthly subscribers retain access through the end of the paid month; no further charges will be made after cancellation.
- Refunds. Annual subscribers may request a pro-rated refund of unused months within 30 days of the most recent annual payment by writing to amirali@halvrencapital.com. Monthly subscriptions are not refundable once billed; access continues to the end of the period.
- Founding pricing. Founding-cohort members who subscribe during the founding-pricing window retain the founding rate for so long as their subscription remains active and in good standing. Lapsed subscriptions may be reinstated only at the then-current public price.
- Content licence. Paid content is licensed for personal, non-commercial use by the subscriber. Do not redistribute, forward in bulk, post publicly, or use Halvren paid content to train any machine-learning system without written permission.
- Changes to service. We may add, remove, or change features of the paid tiers over time. Material downgrades will not be applied retroactively to existing founding members within their lifetime pricing window.
The pricing page carries the current feature matrix for each tier. All amounts and features are subject to the disclosures in Not investment advice and Positions & conflicts above.
Intellectual property
All Content on this Site is © Halvren Capital unless otherwise noted. You are welcome to quote short excerpts with attribution and a link back to the source URL. Do not republish full writeups, frameworks, or images without written permission.
Third-party links
The Site may link to third-party websites, services, or data sources (for example: Substack, LinkedIn, issuer investor-relations pages, SEDAR+, SEC EDGAR). Halvren does not control and is not responsible for the content, accuracy, or privacy practices of those third parties.
Jurisdiction
The Site is operated from Vancouver, British Columbia, Canada. These Terms are governed by the laws of the Province of British Columbia and the federal laws of Canada applicable therein, without regard to conflict-of-laws principles. You submit to the exclusive jurisdiction of the courts located in Vancouver, British Columbia for any dispute arising out of or in connection with the Site.
The Content is directed at Canadian readers. Nothing on the Site is intended for residents of any jurisdiction where the publication or distribution of the Content would be contrary to local law or regulation.
Changes
We may update these Terms from time to time. Material changes will be reflected by updating the "last updated" date above.
Contact
Halvren Capital
Vancouver, British Columbia, Canada
amirali@halvrencapital.com