Smart Money Circle

Guest: Larry Cheng is the Co-Founder and Managing Partner of Volition Capital

Website: https://www.volitioncapital.com/.

AUM: Volition Capital has $1.8 Billion AUM on their 5th Fund

Larry’s Bio

Larry Cheng is the Co-Founder and Managing Partner of Volition Capital, a growth equity firm focused on supporting founders building capital-efficient technology businesses. With over 25 years of investing experience, Larry has led investments in dozens of companies across Internet, e-commerce, software, and consumer sectors. Most notably, Larry was the first investor in Chewy, which became the most valuable e-commerce acquisition in history. He currently serves on public company boards such as GameStop and Grove Collaborative as well as several private company boards such as US Mobile, Rounds, Levanta and several others. Earlier in his career, he led investments at Fidelity Ventures and began in venture capital at Bessemer Venture Partners.

Larry’s entrepreneurial journey began early when he became Apple’s youngest certified technician at age 13. While at Harvard, he launched a $400,000 laundry business and later became President of Harvard Student Agencies, a $4 million student-run company serving the greater Harvard community. He graduated with a B.A. in Psychology and played football for the Crimson. Larry is a frequent guest lecturer at institutions including Harvard Business School, MIT Sloan, and USC Marshall School of Business.

This CEO Built A $30B Money Management Firm

Guest STAN GREGOR Chairman & CEO

Website:

https://summitfinancial.com/

AUM

$26-27B in assets

SUMMIT FINANCIAL CEO

Stan Gregor is the CEO of Summit Financial LLC. As a senior executive with over 30 years of experience, Stan has operated in banking, private wealth management, investment management, fiduciary trust services, fixed income trading, investment banking, retirement services, insurance, financial planning, and public finance. He has also been involved in acquiring and integrating some of the largest and most complicated banking, wealth management, insurance, and capital markets businesses and cultures with a demonstrated track record of increasing productivity, profitability and shareholder value.

Most recently, Stan was the founder and co-CEO of Cantor Fitzgerald Wealth Partners (CFWP). Under his leadership, CFWP grew to over $5 billion in assets in less than two years through several strategic acquisitions of RIA’s, independent advisors, and wire house teams.

Prior to joining Cantor Fitzgerald, Stan was the Head of Wells Fargo Wealth Management -Eastern US Markets and President of Wachovia Wealth Markets. He provided executive leadership to the Eastern U.S. Markets and headed up the Wealth Insurance Division overseeing: the private bank, wealth brokerage, investment management, fiduciary trust services, financial planning, and insurance. Stan was responsible for leading nearly 5,000 team members generating revenues of $2.5 billion with $69 billion of investment fee-based AUM, $19 billion of deposit balances, and $16 billion of loans.

Prior to Wachovia, Stan was CEO of Commerce Capital Markets, where he directed private wealth management, brokerage, asset management, fixed income trading, derivatives, investment banking, retirement services, insurance, and public finance.

Subsequently, Stan was CEO of Quick and Reilly (Q&R) as one of the visionaries that transformed Q&R from a transactional discount broker to a full-service advisory company. When Q&R was acquired by Bank of America, Stan stayed on as co-CEO of Bank of America Investment Services until 2005.

Over nearly a decade at Citigroup, Stan had several senior executive level roles leading different divisions including consumer banking, private wealth management, and Citigroup as Northeast Group Executive Vice President. He is also a member of the Fast Company Executive Board.

Company Bio

Summit Financial is a preeminent investment advisory firm proud to continue our predecessors’ four-decade legacy helping advisors elevate their businesses and deliver robust client experiences.

This CEO is Building The Institutional Gateway To The Onchain Financial Economy – Meet Jolie Kahn Ceo AVAX One Tech $AVX

Guest Information

Name: Jolie Kahn

Title: CEO

Company Information

Company Name: AVAX One Technology Ltd.

Ticker: (NASDAQ: AVX)

Website: https://avax-one.com/

Jolie’s Bio:

Jolie Kahn has an extensive background in cryptocurrency, corporate finance and corporate and securities law. She has been the proprietor of Jolie Kahn, Esq. since 2002 and has a deep depth of involvement in various aspects of cryptocurrency including serving as general counsel to one of the largest bitcoin mining companies from 2018-2023 and as outside counsel to various other cryptocurrency-based public entities. She has participated in various large industry conferences both as a speaker and panelist, supporting the cryptocurrency and the blockchain ecosystem. Ms. Kahn has also acted in various corporate finance roles, including extensive involvement of preparation of period filings and financial statements and playing an integral part in public company audits. She also has worked with companies and hedge funds in complex transactions involving the structuring and negotiation of large scale debt and equity financings, mergers, and acquisitions. Ms. Kahn has practiced law in the areas of corporate finance, mergers & acquisitions, reverse mergers, and general corporate, banking, and real estate matters. She represents both public and private companies, hedge funds, and other institutional investors in their role as investors in public companies. She served as Interim CFO of GlucoTrack, Inc. from 2019 - 2023. Ms. Kahn holds a BA from Cornell University and a J.D. magna cum laude from the Benjamin N. Cardozo School of Law.

Company Bio:

AVAX One offers investors regulated access to Avalanche, one of the fastest-growing Layer 1 blockchain ecosystems. Combining the reliability of U.S. equity markets with the upside of next-gen finance, it is a modern strategy for a new financial era. AVAX One Technology Ltd. (NASDAQ: AVX) is the first publicly traded Avalanche Treasury company, building the premier institutional gateway to the onchain financial economy powered by the Avalanche blockchain network. Through AVAX accumulation, onchain yield, and strategic acquisitions, we aim to compound long-term value for our shareholders while supporting the growth of the Avalanche ecosystem. Led by a team of veterans from institutional finance and public company backgrounds and advised by leaders from across the digital asset industry, AVAX One is being built to be a scalable, regulated gateway for public market investors to participate in the growth of the onchain economy.

Guest: David Kang is Chairman and CEO of Ducenta Squared With Approximately $4B AUM

Website:

https://www.ducentasquared.com/

AUM: $4B AUM

Bio:

David Kang is Chairman and CEO and is a member of the Executive Committee, leading and driving the strategic vision of the firm globally. He leads business development with the President and leads strategic initiatives with the Senior Advisors.

He is Managing Partner of RSMD Investco LLC, the primary shareholder of Ducenta Squared Asset Management and is the CEO and President of the RIA R Squared Inc., an affiliate of RSMD Investco LLC.

David has 20+ years experience in the financial markets, investments, and commercial real estate, having managed over $3 billion of assets. Prior to founding RSMD Investco LLC, Mr. Kang ran his family business while creating and managing his family office. Mr. Kang began his career in private wealth at Morgan Stanley Dean Witter. Mr. Kang received his Bachelor of Science degree in Pre-Med at University of California, Irvine and his executive Master of Business Administration degree from University of California, Irvine.

He is currently an Advisory Board Member at Merage School of Business i) Center for Real Estate and ii) the Center for Investment and Wealth located at the University of California, Irvine.

Ducenta Squared Bio:

With decades of experience navigating public and private markets, Ducenta Squared brings deep knowledge and analytical rigor to every corner of the fixed income universe.

The team has invested through various market cycles across credit, rates, structured products, municipals, and alternatives, allowing them to uncover value wherever it exists.

This breadth enables them to build resilient portfolios tailored to meet each client’s objectives, risk tolerance, and investment horizon.

Guest

Eric Metz, Chief Investment Officer & Head of SpiderRock Advisors Fully Owned Subsidiary of BlackRock’s approximately $250B SMA platform

Bio

Eric Metz, CFA, Managing Director, is the Chief Investment Officer and Head of SpiderRock Advisors. SRA, acquired by BlackRock in May 2024, delivers customized derivatives strategies and solutions, via SMAs, to nearly all client segments of BlackRock. He oversees all SRA’s investment strategies and is responsible for the commercialization of the vertically integrated business unit within US Wealth Advisory. Mr. Metz is a member

of BlackRock’s USWA Executive Committee.

Prior to the BlackRock acquisition, Mr. Metz was a Co-Founder of SpiderRock Advisors, and led both the business and investment team, as President & CIO, since its inception in 2015, and throughout the BlackRock strategic partnership in 2021.

Preceding SRA, Mr. Metz was the Derivatives Strategist and Portfolio Manager at RiverNorth Capital Management, managing both mutual fund and hedge fund assets. He began his career with the Chicago Trading Company on the floors of the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE). After the trading floors, he was a senior trader and partner at both Ronin Capital and Bengal Capital, proprietary trading firms specializing in volatility arbitrage. Mr. Metz graduated, Magna Cum Laude, from the University of Michigan with a B.S.E. in Industrial and Operations Engineering. He earned his M.S.E., with honors, in Industrial and Operational Engineering, and was enrolled in the program’s PhD program. Mr. Metz is a CFA Charterholder, a member of the CFA Institute, the CFA Society of Chicago and a member of YPO’s Chicago based Windy City Chapter.

Guest - Ross Dove CEO Heritage Global - $HGBL

Company

Heritage Global Inc.

Website

https://hginc.com/

NASDAQ: HGBL

Bio

Ross Dove is the Chief Executive Officer of Heritage Global Inc. (“HG”) and was appointed by the Board as a Class I director in May 2015. He began his career over forty years ago, joining his father and grandfather at a small proud family auction house in San Francisco.

During his tenure, he pioneered countless advances and industry firsts, as the firm he joined eventually climbed to become the world’s largest and most respected industrial asset and commercial property auction company.

Mr. Dove's success has been widely chronicled in major publications, including Fortune, Forbes, the Wall Street Journal, Business Week, and the Economist, among many others. He was twice nominated for EY entrepreneur of the year and is a founding member of the Industrial Auctioneers Association ("IAA") and recipient of the Lifetime Achievement award.

Company Bio

Heritage Global Inc. (NASDAQ: HGBL) a renowned asset-based market maker which delivers result-driven solutions to industrial & financial institutions by providing valuation, and lending services for distressed assets.

This aids in facilitating the circular economy by diverting useful industrial assets from landfills and operating an ethical supply chain by overseeing post-sale account activity of financial assets.

Specialties consist of acting as an adviser, in addition to acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, real estate, account receivable portfolios, and intellectual property through its two business units: Industrial Assets and Financial Assets

This CEO Wants To Save Lives, Is Fighting ALS, & Wants Your Brain To Be Healthier

Guest

Rob Etherington, CEO and President of Clene Inc.

Clene Inc. https://clene.com

Ticker: CLNN

Bio

Mr. Etherington is the CEO of Clene, Inc (NASDAQ: CLNN). Clene is a platform company leading the way in drug nanotherapeutics, with multiple Phase 2 and one Phase 3 registration study presently underway in the field of neurodegenerative disease (ALS, Multiple Sclerosis, Parkinson’s). Rob has privately raised over $160M (over $146M in equity and over $18M in grant/indirect support) for Clene, and took Clene public on the NASDAQ in late 2020.

Before joining Clene as its founding CEO in 2013, Mr. Etherington worked for Actelion Pharmaceuticals, which was the largest biopharmaceutical company based in the EU until Johnson &Johnson Pharmaceuticals acquired the company in 2017. He initially joined Actelion as founding Director of Marketing in 2000 (the same year the company went public) and went on to hold various roles of increasing responsibility, including as Head of U.S. commercial operations and serving as Chair of the U.S. Commercial Strategic team with responsibility for five marketed drugs.

Prior to Actelion, Mr. Etherington began his pharmaceutical career with a number of sales and marketing roles at Parke-Davis, a division of Pfizer, culminating in one of the Team Leader positions that oversaw the drug Lipitor.

About Clene

Clene Inc., (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary Clene Nanomedicine Inc., is a late clinical-stage biopharmaceutical company focused on improving mitochondrial health and protecting neuronal function to treat neurodegenerative diseases, including amyotrophic lateral sclerosis, Parkinson’s disease, and multiple sclerosis. CNM-Au8® is an investigational first-in-class therapy that improves central nervous system cells’ survival and function via a mechanism that targets mitochondrial function and the NAD pathway while reducing oxidative stress. CNM-Au8® is a federally registered trademark of Clene Nanomedicine, Inc. The company is based in Salt Lake City, Utah, with R&D and manufacturing operations in Maryland. For more information, please visit www.clene.com or follow us on X (formerly Twitter) and LinkedIn.

This Biotech CEO Is Creating Advanced & Personalized Therapies To Fight Cancer.

Full Name: Thomas Jensen

Title: Chief Executive Officer, Allarity Therapeutics

Ticker: $ALLR

Website: https://www.allarity.com/

Bio:

Thomas Jensen is the Chief Executive Officer of Allarity Therapeutics (NASDAQ: ALLR), a clinical-stage biopharmaceutical company advancing personalized cancer therapies. He was appointed CEO in December 2023 after nearly a decade as Chief Technology Officer, during which he helped pioneer the company’s proprietary Drug Response Predictor (DRP®) platform.

With over 20 years in the biotech and precision medicine space, Thomas has led Allarity through a focused strategic transformation centered on stenoparib—a first-in-class dual PARP/tankyrase inhibitor currently in Phase 2 trials for advanced ovarian cancer. Under his leadership, Allarity has achieved FDA Fast Track designation, formed key research collaborations, and presented clinical data showing landmark median overall survival of ovarian cancer patients.

Company Bio:

Allarity Therapeutics (NASDAQ: ALLR) is a clinical-stage biopharma company developing personalized cancer treatments guided by its proprietary DRP® companion diagnostic platform. The company’s lead asset, stenoparib, is a novel, orally available dual PARP and WNT pathway inhibitor being evaluated in Phase 2 trials for advanced ovarian cancer. With headquarters in the U.S. and a research facility in Denmark, Allarity is committed to improving patient outcomes through precision oncology. Learn more at www.allarity.com

This CEO Invests In Commercial Real Estate & Shares Timeless Advice From Over 20 Years Investing

Guest

David Sobelman CEO Generation Income Properties $GIPR

Name:

David Sobelman

Title:

Founder and CEO

Website:

www.gipreit.com

Ticker:

$GIPR

Bio:

David serves as Chairman of our Board of Directors, Chief Executive Officer and President. In 2003, he began his real estate career from the bottom, as an entry-level analyst at Grubb & Ellis in Washington, DC, now Newmark. Since then, he has served in senior and management roles in almost all the pertinent positions that encompass a net lease property including as an investor, asset manager, broker, owner, analyst, and author.

David used the insight achieved through his decades of solely focusing on net leased assets to imbed the philosophy of long-term, generational investing and founded Generation Income Properties (Nasdaq: GIPR) in 2015. He has led the efforts from GIPR’s conceptual genesis, when there were no assets, to its current listing on Nasdaq and embeds the decades of meaningful relationships he has built within the industry in order to grow the company.

He has been married to Tanner, the wife he doesn’t deserve, since 2004, has two teenage children that are smarter than him and a yellow lab that is his foremost confidante.

Company Bio:

Generation Income Properties, Inc., located in Tampa, Florida, is an internally managed real estate investment trust focused on acquiring and managing income-producing retail, industrial, and office properties net leased to high-quality tenants in densely populated submarkets throughout the United States. At GIPR, we focus on the underlying real estate, the credit of the tenant, and opportunistic lease terms of less than ten years remaining.

This CEO Invests In Commercial Real Estate & Shares Timeless Advice From Over 20 Years Investing

Guest

David Sobelman CEO Generation Income Properties $GIPR

Name:

David Sobelman

Title:

Founder and CEO

Website:

www.gipreit.com

Ticker:

$GIPR

Bio:

David serves as Chairman of our Board of Directors, Chief Executive Officer and President. In 2003, he began his real estate career from the bottom, as an entry-level analyst at Grubb & Ellis in Washington, DC, now Newmark. Since then, he has served in senior and management roles in almost all the pertinent positions that encompass a net lease property including as an investor, asset manager, broker, owner, analyst, and author.

David used the insight achieved through his decades of solely focusing on net leased assets to imbed the philosophy of long-term, generational investing and founded Generation Income Properties (Nasdaq: GIPR) in 2015. He has led the efforts from GIPR’s conceptual genesis, when there were no assets, to its current listing on Nasdaq and embeds the decades of meaningful relationships he has built within the industry in order to grow the company.

He has been married to Tanner, the wife he doesn’t deserve, since 2004, has two teenage children that are smarter than him and a yellow lab that is his foremost confidante.

Company Bio:

Generation Income Properties, Inc., located in Tampa, Florida, is an internally managed real estate investment trust focused on acquiring and managing income-producing retail, industrial, and office properties net leased to high-quality tenants in densely populated submarkets throughout the United States. At GIPR, we focus on the underlying real estate, the credit of the tenant, and opportunistic lease terms of less than ten years remaining.