Agentiq offerings involve securities; fantasy contests and sports wagering do not. That distinction does not mean an investor owns an athlete or is guaranteed to profit from an athlete’s performance.
Topic | Fantasy sports or wagering | Agentiq offering |
Legal instrument | Contest entry or wager | Units offered by a specific Series of Agentiq Sports 1 Series LLC |
What the user acquires | No security | A membership interest in the applicable Series—not the athlete, Agentiq as a whole, or the athlete’s employment contract |
Economic outcome | Based on contest or wager rules | Depends on the Series’s contractual rights, actual Brand Amounts, expenses, reserves, Manager decisions, and other offering terms |
Risk | Entry or wager may be lost | The investor may lose the entire investment; distributions and returns are not guaranteed |
Liquidity | Determined by the contest or wagering product | No public trading market currently exists; any future approved ATS and liquidity are not assured |
Important legal distinction
The applicable Series—not its Unit holders—is party to the Brand Advisory Agreement. Unit holders do not own or control the athlete, the athlete’s name, image or likeness, career decisions, employment contract, endorsements, or another Series.
Each offering is governed by its Offering Circular and subscription agreement. Eligibility and availability depend on investor status, investment limits, KYC/AML review, lawful jurisdiction, and acceptance by the applicable Series.
SEC qualification permits sales of a qualified offering. It is not SEC approval, recommendation, endorsement, or a determination that an investment is suitable. Review the complete Offering Circular before making any investment decision.