Privacy Policy

This Privacy Policy outlines our practices regarding the collection, use, and disclosure of personal information when you use our website and services.

This Privacy Policy (“Policy”) describes how Open Alpha LLC, a Limited Liability Company registered in St. Vincent and the Grenadines (“Open Alpha,” “we,” “us,” and “our”), may collect, use, and disclose information, as well as your choices regarding this information. Please read this Policy carefully and contact us with any questions at privacy@openalpha.com.

1. Definitions

  • Personal Data: Any information that relates to an identified or identifiable individual.
  • Service Providers: Third-party companies that assist us in providing our services.
  • Third Parties: Any individual or organization that is not part of Open Alpha LLC.

2. Applicability of This Policy

This Policy applies to the website and services provided by Open Alpha LLC (collectively, the “Services”). If you do not agree with the terms of this Policy, please refrain from accessing or using the Services, the website, or any other aspect of our business.

3. What We Collect

When you interact with our Services, we may collect the following information:

  • Contact Information: Your name, email address, physical address, and country information.
  • Financial Information: Source of funds and information regarding residency and tax jurisdiction.
  • Transaction Information: Transaction type, amount, timestamp, and other relevant details.
  • Correspondence: Feedback, survey responses, and communications with our support team.

4. Information We Receive from Others

We may receive information about you from third-party sources, including public databases, in compliance with applicable laws. However, we do not collect personal information about you from other companies or investment platforms.

5. Cookies and Tracking Technologies

We, along with third-party service providers, may use cookies, web beacons, and other tracking technologies to record your preferences, track usage, and collect data regarding interactions with our Services. This may include IP addresses, browser type, ISP, referring/exit pages, operating system, device details, timestamp, and clickstream data. You can set your browser to refuse cookies; however, doing so may affect the functionality of certain features of our Services.

We use the following types of cookies:

  • Essential Cookies: Necessary for the operation of our website.
  • Performance Cookies: Help us analyze how users interact with our site.
  • Functionality Cookies: Enable us to remember your preferences.

6. How We Use Information

We use your information in accordance with your instructions, including any applicable terms in the Terms of Use, and as required by applicable law. We may also use the information we collect for:

  • Providing Services and Features: To operate, maintain, customize, measure, and improve our Services.
  • Safety and Security: To help maintain the safety, security, and integrity of our Services.
  • Customer Support: To provide customer support and monitor our response processes.
  • Legal and Regulatory Compliance: To verify your identity and comply with legal obligations.
  • Direct Marketing: To market our Services and manage communications. You may opt out of these communications by selecting “unsubscribe” in any marketing email or contacting us at privacy@openalpha.com.

7. How We Share and Disclose Information

We may share your information in the following circumstances:

  • With Your Consent: For example, you may let us share personal information with others for their own marketing purposes.
  • To Comply with Our Legal Obligations: To cooperate with investigations, comply with subpoenas, or address violations.
  • With Service Providers or Other Third Parties: Who assist in business operations, such as marketing and compliance support.
  • During a Change to Our Business: If we engage in a merger, acquisition, or other significant business changes.

8. Data Retention

To view or update your information, contact us at privacy@openalpha.com. We store your information for the duration of your use of our Services and may retain it after your use has ended, as necessary for legal, regulatory, or operational purposes.

9. Security

We maintain administrative, technical, and physical safeguards designed to protect personal information against unauthorized access or disclosure. However, no system can be completely secure, and although we take steps to protect your information, we cannot guarantee its absolute security. You are responsible for all activity involving your source of funds and residency information on the Open Alpha platform.

10. Age Limitations

To the extent prohibited by applicable law, we do not allow use of our Services or Sites by anyone younger than 18 years old. If you become aware that anyone under the age of 18 has unlawfully provided us with personal data, please contact us at privacy@openalpha.com, and we will take steps to delete such information, close any accounts, and prevent the user from accessing our Services.

11. Changes to This Policy

If we make any changes, we will update the “Last Updated” date at the top of this Policy. We encourage you to review this Policy regularly. If we make material changes, we will provide additional notice, such as by emailing you at the address provided in your account or through our Services or website.

12. Online Tracking

Open Alpha LLC does not actively engage in tracking user behavior for advertising purposes. However, we may utilize certain technologies, like cookies, to enhance user experience on our website. You can manage cookies through your browser settings. If you have any questions about how we use tracking technologies, please feel free to reach out to us at privacy@openalpha.com.

13. Notice to European Union Residents (“GDPR Notice”)

In accordance with the General Data Protection Regulation (the “GDPR”), we provide this GDPR Notice to European Union (“EU”) residents to explain how we collect, use, and share their personal data, and the rights and choices we offer EU residents regarding the handling of their personal information.

As an EU resident, you have various rights concerning the processing of your personal data, including:

  • Right to Information: Request information about your personal data processed by us.
  • Right to Rectification: Request the correction of inaccurate personal data concerning you.
  • Right to Erasure: Request the immediate deletion of your personal data if it is no longer necessary for the purposes for which it was collected.
  • Right to Object: Object to the processing of your personal data based on legitimate interests.
  • Right to Withdraw Consent: Revoke your consent to data processing at any time.

To exercise these rights, please contact us at privacy@openalpha.com.

14. Additional Disclosure for Our Customers (“Additional Disclosure”)

This Additional Disclosure governs our collection, use, and sharing of personal information that users provide to us in connection with their membership in Open Alpha. The types of personal information we collect and share may include:

  • Contact details
  • IP addresses
  • Investment history and preferences
  • Source of funds and information regarding residency and tax jurisdiction

Reasons We Can Share Your Personal Information: We need to share users’ personal information to operate certain aspects of Open Alpha and conduct our business as an investment club. The reasons for sharing your personal information include:

  • Everyday Business Purposes: Managing investments, facilitating member interactions, and responding to court orders.
  • Marketing Purposes: Promoting our investment opportunities and services.

You cannot limit this sharing.

15. How Does Open Alpha Protect My Personal Information?

To protect your personal information from unauthorized access and use, we implement security measures that comply with applicable law. These measures include computer safeguards, secured files, and physical protections.

16. How Does Open Alpha Collect My Personal Information?

We collect your personal information when you interact with our platform, including, but not limited to:

  • Joining Open Alpha as a member
  • Contributing capital to the syndicate
  • Participating in discussions or events organized by Open Alpha

17. StationX Disclosure

When you invest in a deal through Open Alpha, you interact with a third-party platform, StationX.network, to facilitate the investment. StationX collects and processes Know Your Customer (KYC) and accreditation information to verify your eligibility as an investor. StationX and its partners securely store this information using zero-knowledge technology, which ensures that your KYC data remains inaccessible to Open Alpha, StationX, or their partners unless explicitly requested by authorities or regulators in connection with compliance obligations.

StationX collects basic identification information such as your name, address, email, and social media links, which is shared with Open Alpha to enable us to render our services. Open Alpha does not collect information about you from other sources outside of your interaction with StationX or Open Alpha’s direct services.

18. Contact Us

Please contact us if you have any questions about this Policy or if you wish to exercise any of your statutory rights. We will respond within a reasonable timeframe. You may contact us at privacy@openalpha.com.