Risk Disclosure
Draft · Pending legal review
Investing involves risk, including the loss of your entire capital. Target returns are illustrative and not guaranteed. Investments are long-term and illiquid. Nothing on this site is investment advice or an offer of securities.
1. Current status: no investment is possible
Tervolt is in its information and waitlist phase. Nothing on this website is an offer of securities or any other financial instrument, and no money is accepted. Any future offers will be made only under the applicable EU/German regulatory framework — for crowdfunding offers, this is expected to include a Key Investment Information Sheet (KIIS) per project as required by the EU Crowdfunding Regulation (EU) 2020/1503. No offer described on this site has been verified or approved by any competent authority or by the European Securities and Markets Authority (ESMA).
2. Capital at risk — up to total loss
Any future investment in data-center projects can lose value, and you could lose the entire amount you commit. Investments of this kind are not covered by deposit guarantee schemes or investor compensation schemes. Never invest money you cannot afford to lose entirely, and invest only as part of a diversified portfolio — as a rule of thumb, no more than 10% of your net worth in crowdfunding-type investments.
3. Target returns are illustrative, never guaranteed
All return figures shown on this website — including the 5–15% p.a. range — are illustrative targets derived from our operating model. They are not a promise, not a forecast, and not a reliable indicator of future performance. Actual returns can be lower, zero, or negative. Past or projected performance is not indicative of future results.
4. Illiquidity and lock-up
Data-center investments are long-term. Capital would be committed for a defined term per package, there is no established secondary market, and early exit may be impossible or only possible at a significant loss. Do not plan around being able to access committed capital before the end of the term.
5. Operational and market risks
Returns depend on real-world operations: GPU hardware depreciates quickly as new generations arrive; income exists only while computing capacity is actually rented (utilization risk); electricity prices and cooling costs move; customers can default or churn (counterparty risk); and construction can be delayed or exceed budget. Each of these can reduce or eliminate returns.
6. Project and structure risks
Each data center is planned to be held in its own dedicated structure. Your claim would be against that specific project structure — not against the operators of other projects. If a single project fails, its investors bear that loss. Insolvency of the platform operator could additionally delay or reduce payouts.
7. Regulatory and tax risk
The regulatory framework for retail participation in infrastructure investments is evolving across the EU. Changes in licensing, securities, tax, or consumer-protection law can affect the structure, timeline, costs, and returns of any future offering — or prevent it. Tax treatment depends on your personal circumstances and may change.
8. Forward-looking statements
Statements on this website about plans, projections, market growth, and future performance are forward-looking. They are based on assumptions that involve significant uncertainty; actual developments can differ materially. We are under no obligation to update forward-looking statements.
9. No advice
Nothing on this website is investment, legal, or tax advice, and nothing takes your personal situation into account. If you are unsure whether an investment of this kind is suitable for you, consult an independent financial adviser before committing any money.
This is a working draft published for transparency during the waitlist phase. A lawyer-reviewed version (with localized translations) will replace it before launch, and project-specific risk documents will accompany any real offer.