Aviso Financeiro

Version 1.1 — Effective July 9, 2026

Not investment advice

Panda is a market-data and analytics tool. It is not a broker-dealer, investment adviser, or financial advisor, and nothing in the product, on this website, or in any Panda communication is investment advice, a recommendation, or a solicitation to buy or sell any security. All trading decisions are exclusively yours.

AI-generated content

Panda includes AI-generated commentary ("AI Insight"), including named plays, stages, price levels and confidence ratings. This output is an automated, non-advisory analysis of public data. It may be incomplete, delayed, or simply wrong. Never rely on it as the basis for a trade.

Data accuracy

Market data, float and dilution figures, filings intelligence and news are aggregated from third-party feeds and public filings. They are provided "as is" and may contain errors, gaps or delays. Verify independently before acting.

Risk disclosure

Trading securities — especially low-float, small-capitalization stocks — involves substantial risk, including rapid and total loss of capital. Past price behavior does not predict future results. Panda displays no performance claims because none would be honest: no tool makes trading profitable by itself.

No fiduciary relationship

Your use of Panda creates no fiduciary, advisory or brokerage relationship between you and BACKSIDE. Consult a licensed professional where you need financial, legal or tax advice.

This disclaimer forms part of, and is incorporated into, the Terms of Service and the EULA. Consumers resident in Brazil: see the Brazil Addendum.