Terms & Conditions

2.1A contractual relationship between Ridge Capital and the users of the platform is established upon successful registration in accordance with these terms and conditions for the use of the platform ("Platform Usage Agreement").

2.2Upon successful completion of the identification process as per the Money Laundering Act, the user and Effecta enter into a contract for the brokerage of financial instruments ("Brokerage Agreement").

2.3 Within the framework of this Brokerage Agreement, Effecta provides the user exclusively with investment brokerage services as defined in § 2 para. 2 No. 3 WpIG.

2.4The services under the Brokerage Agreement are provided by Ridge Capital for Effecta, in Effecta's name, on Effecta's behalf, and under Effecta's liability. Ridge Capital acts as a contractually bound agent of Effecta in accordance with § 3 para. 2 WpIG.

2.5 For this purpose, Ridge Capital and Effecta have entered into a corresponding agreement whereby Ridge Capital acts as an agent of Effecta in the brokerage of financial instruments. According to this agreement, Effecta is generally liable to users for any damages arising from a breach of duty by Ridge Capital in the brokerage of financial instruments.

2.6 Ridge Capital, as a contractually bound agent, is obligated to grant Effecta access to its business records at any time, as far as required by supervisory regulations. Additionally, as a contractually bound agent of Effecta, Ridge Capital has granted comprehensive directive authority to ensure control and monitoring capabilities in accordance with § 40 WpIG and § 80 WpHG. Ridge Capital, as a contractually bound agent, is also obliged to tolerate inspections and visits to its business premises by the Federal Financial Supervisory Authority (BaFin) and to cooperate in these inspections. The same applies to the internal audit and compliance of Effecta.

2.7 The legal relationship between Ridge Capital and the users of the platform is governed exclusively by the following provisions of these terms and conditions. The legal relationship between Ridge Capital and visitors to the platform is also exclusively regulated by the following provisions of these terms and conditions.

3.1 For the continued use of the platform, visitors to the platform must register as users by providing truthful information about themselves. Natural persons are only allowed to register if they have reached the age of 18 and are legally competent. Legal entities may only be registered by their authorized representatives. Registration is mandatory with real names and complete address information. Multiple registrations are not permitted. There is no legal entitlement to registration. Ridge Capital reserves the right to refuse registration at its discretion without stating reasons and, in accordance with Section 8 of the GTC, terminate the Platform Usage Agreement.

3.2 As part of the registration process, Ridge Capital may allow users of the platform the option to choose a username, which can be used for visible communication with other users on the platform. Users are then free to choose such a username. The platform is not obligated to provide such an option. Already assigned usernames cannot be reissued. The user, not Ridge Capital as the platform operator, is solely responsible for statements made under a username.

3.3 After registration on the platform, Ridge Capital sends a confirmation email to the email address provided by the user. The registration is only completed and the Platform Usage Agreement is concluded upon confirmation of the activation link in the email.

3.4Registration with incorrect information is not permitted and may result in exclusion from the platform. Ridge Capital reserves the right to delete registrations created with disposable email addresses (so-called "throwaway email addresses") and registrations that have not been activated within four months of creation, without prior notice.

3.5 Users of the platform are obligated to keep the information provided during registration up to date for the duration of their registration.

3.6 Users of the platform choose a password for the registered account during registration. Users of the platform are obligated to ensure that this password is not made accessible to any third party. Each user of the platform is responsible for all actions carried out through their account. Users of the platform are required to promptly inform Ridge Capital of any third-party knowledge of their password and any misuse of their account.

4.1Users of the platform have the opportunity to submit a subscription offer for the financial instruments posted on the platform by issuers. Ridge Capital, as a contractually bound intermediary of Effecta, will forward this offer to the issuers as a messenger. The conclusion of the contract takes place upon the issuer's receipt of the respective acceptance from the user. In this case, too, Ridge Capital acts as a contractually bound intermediary of Effecta, serving as the messenger of the issuers.

4.2Ridge Capital emphasizes that Effecta only conducts the appropriateness assessment (§ 63 WpHG) to the extent it is legally mandatory for the respective user. This involves querying the user's knowledge and experience regarding transactions with specific types of financial instruments to assess whether the user can adequately evaluate the risks associated with these instruments. If Effecta does not receive sufficient information from the user for such an assessment, the examination cannot be carried out, and the user is informed accordingly. Despite this, the user can still choose to acquire financial instruments through the platform. The same applies in cases where Effecta believes that the user cannot adequately assess the risks associated with the financial instruments. In such instances, the user is informed accordingly, but they can still decide to purchase financial instruments through the platform.

4.3 Users intending to acquire financial instruments through the platform must have their registered office or residence within the European Economic Area (EEA) and may only use the platform for their own account. Registration is strictly personal and may not be transferred to others.

4.4Users of the platform are classified as "retail investors" before the conclusion of the brokerage agreement by Effecta. This classification applies regardless of the user's knowledge and experience in dealings with financial instruments and other capital investments.

4.5A classification as a "Professional Client" or "Eligible Counterparty" is possible through a written agreement between the user and Effecta, provided that the user requests it and substantiates the respective conditions for such a classification in writing. Downgrading to "Retail Investor" is possible through a written agreement, as long as the user requests this in writing to Effecta.

4.6The classification as a "Retail Investor" results in the user enjoying the highest legal protection level concerning investor protection and transparency within the business relationship. Requalification may have adverse effects on the user regarding the extent of the examination obligations towards the user before order execution.

4.7 In the event of users acquiring financial instruments, Ridge Capital and Effecta receive a commission. The exact amount of the commission will be communicated to the user once it is determined. Ridge Capital and Effecta utilize these commissions to enhance the quality of services for the benefit of the users. The mediation of the conclusion of financial instruments by Effecta and Ridge Capital is free of charge for users.

4.8 Payments for financial instruments are to be made directly to the respective issuer. Ridge Capital does not accept or make any payments itself.

5.1In the context of the initial brokerage of a financial instrument, the user has the opportunity to open a digital safe deposit box (hereinafter also referred to as "Wallet") with Tangany GmbH, Brienner Straße 53, 80333 Munich. The user will submit their application explicitly within the scope of the initial brokerage of a financial instrument or by accepting the custody conditions. The conclusion of the contract takes place upon Tangany GmbH's acceptance with the involvement of Ridge Capital as a declarative messenger. Additionally, the General Terms and Conditions as well as Custody Conditions of Tangany GmbH apply to this contractual relationship between the user and Tangany GmbH.

5.2 Ridge Capital is authorized and obligated for this purpose to forward all necessary information and documents for the opening of the wallet to Tangany GmbH.

The opening and management of the wallet, including the costs for the initial transfer of token-based securities into the wallet facilitated by Ridge Capital, are free of charge for the user.

6.1Ridge Capital enables users to access information provided by issuers about financial instruments. It is solely the responsibility of individual issuers to make relevant information available to users for their decision on the acquisition of financial instruments on the platform. In particular, Ridge Capital does not verify whether and to what extent the acquisition of financial instruments is economically sensible for the individual user. Each user makes this assessment independently and at their own discretion. The user is explicitly directed to the risk warnings contained in the respective offering documents and prospectuses for the issuers' offerings. The user should only acquire financial instruments through the platform if they have fully read and understood the risk warnings.

6.2 Ridge Capital points out that Ridge Capital does not conduct a credit check of the issuers, and regarding the information provided by issuers about financial instruments, only an examination for plausibility and coherence of the overall picture takes place.

6.3 Für die Richtigkeit, Vollständigkeit und Aktualität der zugänglich gemachten Informationen über Finanzinstrumente ist ausschließlich der jeweilige Emittent verantwortlich.

6.4 Ridge Capital exclusively acts as an investment intermediary. The provision of information on the platform and the opportunity to conclude contracts through the platform do not constitute a recommendation or investment advice. Ridge Capital does not verify whether the financial instruments offered by the issuers correspond to the investment goals of the users. No suitability test in this regard is conducted.

6.5 The use of the platform is free of charge for visitors and users.

6.6 Any kind of comments, information, and documents within the platform or its associated blogs that violate applicable laws or are otherwise inappropriate, especially content that is racist, pornographic, offensive, or contrary to good morals, are not allowed. Violations of this provision may lead to the user of the platform being liable for damages, the deletion of the affected posts, and/or the immediate exclusion of the user from further use of the platform.

6.7 Insofar as Ridge Capital on the platform provides links to third-party websites with external content, these external contents were checked for possible civil or criminal liability at the time of initial linking. It cannot be ruled out that the content may be subsequently changed by the respective providers. Ridge Capital does not continuously check the content of linked websites for changes that could establish new liability.

6.8 In the event of indications of abusive use of the platform, especially in cases of contract conclusions through the platform without fulfilling the payment obligations arising from the financial instruments, Ridge Capital reserves the right to exclude the user from using the platform with immediate effect.

6.9 Ridge Capital has the right to reduce, expand, or otherwise modify the services offered to users on the platform at any time. However, Ridge Capital is not obligated in this regard.

6.10 Ridge Capital points out that Ridge Capital does not provide services regarding the custody and transfer of token-based securities. Services related to the custody, management, and security of tokens or other crypto assets, or cryptographic keys, are provided by the provider of the digital vault (wallet).

7.1 Ridge Capital is liable without limitation to visitors and users for the violation of life, body, or health (personal injury) and for damages resulting from the intentional or grossly negligent breach of its contractual and pre-contractual obligations.

7.2Furthermore, Ridge Capital is only liable for slight negligence in the case of a breach of essential contractual obligations, i.e., the breach of obligations whose fulfillment enables the proper implementation of the contractual agreements and on whose compliance the contracting party can regularly rely ("cardinal obligation"). In the case of slight negligence in the breach of a cardinal obligation, Ridge Capital's liability is limited to the typical damages and/or a typical scope of damage that were foreseeable at the time of the conclusion of the contract.

7.3 The above limitations of liability also apply in the event of the fault of a vicarious agent of Ridge Capital as well as for the personal liability of employees, representatives, and organs of Ridge Capital.

7.4 Ridge Capital is not liable for the economic success of the financial instruments acquired by the user, the failure of payments, and the risk of insolvency of issuers of financial instruments.

7.5 Ridge Capital provides no guarantee for the information and details provided on the platform by issuers, especially regarding financial instruments (see also Section 6).

8.1 Registration on the platform is indefinite and can be terminated by Ridge Capital and the registered user of the platform with a notice period of one week in principle. The termination requires written form (e.g., email, letter, or fax); the registered user of the platform can terminate their registration by email to info@ridgeimpact.com.

8.2 The right to terminate for a significant reason remains unaffected.

8.3 Any existing financial instruments with an issuer remain unaffected by termination.

10.1 The collection, processing, and use of personal data during the registration and subscription of financial instruments are carried out in strict compliance with data protection regulations. The processing of personal data is intended to fulfill the agreed-upon services and the legal obligations of Ridge Capital. Further information on this can be found in the privacy policy.

10.2Ridge Capital manages the data provided by visitors and users itself. For the purpose of opening a wallet, the user's personal data is forwarded to Tangany GmbH. Ridge Capital only makes the data of a visitor/user available to other visitors/users if the visitor/user of the platform has given consent, and the data does not violate legal regulations or the terms and conditions. Ridge Capital reserves the right to randomly check the data and/or information and documents of visitors/users of the platform.

10.3For the purpose of remitting church tax on capital gains (if Ridge Capital is obligated to remit church tax), Ridge Capital requests the user's church tax characteristics from the Federal Central Tax Office, so that, if necessary, church tax can be remitted for the user. The user can object to the release of their data by issuing a blocking notice to the Federal Central Tax Office. A blocking notice remains in effect until a written revocation.

11.1 Ridge Capital reserves the right to amend these Terms and Conditions at any time and without stating reasons, with effect for the future. Users of the platform will receive the amended Terms and Conditions by email at least four (4) weeks before they come into effect. Ridge Capital will also draw attention to the amendment of these Terms and Conditions on the platform itself. If users of the platform do not object to the validity of the amended Terms and Conditions within four (4) weeks after receiving the notification of the amendment, the amended Terms and Conditions are considered accepted by them. The silence of the users of the platform is only considered acceptance of the amended Terms and Conditions if the change is made to implement a changed legal situation (change in the law, court or administrative decision). Ridge Capital will expressly point out the legal consequences of silence to users of the platform in the notification of the amendment to these Terms and Conditions. In the case of other changes, especially the main contractual obligations according to these Terms and Conditions, Ridge Capital will obtain the acceptance of the users of the platform in another way.

11.2 These Terms and Conditions and the legal relationship between Ridge Capital and the users are subject to the law of the Federal Republic of Germany. If the user is a consumer, mandatory legal provisions of the country in which the user has his/her residence remain unaffected. Subject to other legally mandatory provisions (for example, for consumers), the place of jurisdiction is agreed to be the registered office of Ridge Capital.

11.3 The German version of these Terms and Conditions and German law shall prevail. Translations into other languages are provided to you solely for informational purposes and are legally non-binding.

11.4 The European Commission provides a platform for online dispute resolution (ODR), which can be accessed at http://ec.europa.eu/consumers/odr/. Ridge Capital is not obligated and not willing to participate in a dispute resolution procedure before a consumer arbitration board.

11.5 If individual provisions of these Terms and Conditions are deemed invalid or unenforceable, the validity of the Terms and Conditions as a whole shall not be affected.