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Except as otherwise indicated, all information in this prospectus assumes: 

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the Preferred Stock Conversion will occur immediately prior to the completion of this offering; 

the Convertible Notes Conversion will occur immediately prior to the completion of this offering; 

the filing and effectiveness of our amended and restated certificate of incorporation in Delaware and 
the  effectiveness  of  our  amended  and  restated  bylaws  will  each  occur  immediately  prior  to  the 
completion of this offering; 

the Class F Stock Issuance will occur immediately prior to the completion of this offering;

no issuance of shares of Class E common stock prior to the completion of this offering;

a  10-for-one  forward  split  of  our  Class  A  common  stock  and  Class  N  common  stock  effected  on 
September  17,  2026,  including  a  proportional  increase  in  the  authorized  shares  of  our  capital  stock, 
with  all  share,  option,  RSU,  and  per  share  information  for  all  periods  presented  in  this  prospectus 
adjusted to reflect such forward split on a retroactive basis;

a one-for-1,000 reverse split of our Class T common stock effected on September 17, 2026;

no exercise of outstanding stock options or settlement of outstanding RSUs subsequent to September 
30, 2026, other than the RSU Settlement; and 

no exercise by the underwriters of their option to purchase up to an additional                     shares of our 
Class A common stock from us in this offering. 

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