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Legal · Platform policy

ACCEPTABLE
USE POLICY.

Effective date: 1 January 2025 · Last updated: 1 August 2025

Lengdon provides closing infrastructure for private capital transactions. This Acceptable Use Policy defines permitted and prohibited uses of the platform. By using Lengdon, you agree to comply with this policy. Violations may result in account suspension or termination.

Permitted uses

Closing legitimate private capital transactions between consenting, identified parties

Raising equity financing for operating businesses through structured deal rooms

Conducting M&A transactions with proper legal counsel

Managing SPV and syndicate closes where all participants are properly identified

Generating and retaining permanent, append-only close records for legitimate audit, regulatory, and legal purposes

Prohibited uses

Fraudulent transactions

Creating deal rooms for non-existent companies or fictitious transactions

Using Lengdon to manufacture false audit records or to simulate a close that did not occur

Impersonating legal entities, individuals, or counsel in deal rooms

Regulatory violations

Conducting transactions that violate applicable securities laws, including unregistered offerings to non-accredited investors where prohibited

Using Lengdon for transactions involving sanctioned parties or jurisdictions

Structuring transactions through Lengdon to evade tax reporting obligations

Platform misuse

Attempting to modify, tamper with, or circumvent the append-only, tamper-evident nature of audit logs or closed records

Using the platform to harass, coerce, or misrepresent terms to counterparties

Automated creation of deal rooms at scale without legitimate underlying transactions

Attempting to access deal rooms, records, or accounts that you are not authorized to access

Content restrictions

Uploading malware, spyware, or malicious code to deal rooms

Uploading content that violates applicable laws, including child safety laws

Using deal room document storage to host unrelated content

Enforcement

Lengdon reserves the right to investigate suspected violations of this policy and to suspend or terminate accounts found to be in violation. We may report violations to applicable regulatory or law enforcement authorities where required. The append-only close record is preserved even upon account termination — it remains unchanged and accessible to both parties.

Report suspected policy violations or abuse to trust@lengdon.com.