# EDGAR Filing Document

**Accession Number:** 0001822911
**File Stem:** 0001096906-26-000649
**Filing Date:** 2026-4
**Character Count:** 324289
**Document Hash:** 875564120743e8a41d6dd44a4fa24050
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001096906-26-000649.hdr.sgml**: 20260430

**ACCESSION NUMBER**: 0001096906-26-000649

**CONFORMED SUBMISSION TYPE**: 1-K

**PUBLIC DOCUMENT COUNT**: 6

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260430

**DATE AS OF CHANGE**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VV Markets LLC
- **CENTRAL INDEX KEY:** 0001822911
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-RETAIL STORES, NEC [5990]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 851602921
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 1-K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 24R-00489
- **FILM NUMBER:** 26921212

**BUSINESS ADDRESS:**
- **STREET 1:** 2800 PATTERSON AVENUE
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23221
- **BUSINESS PHONE:** 8048337974

**MAIL ADDRESS:**
- **STREET 1:** 2800 PATTERSON AVENUE
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23221

## Part

UNITED STATES

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 1-K**

**ANNUAL REPORT**

**ANNUAL REPORT PURSUANT TO REGULATION A OF THE SECURITIES ACT OF 1933**

**For the fiscal year ended December 31, 2025**

**VV Markets, LLC**

(Exact name of issuer as specified in its charter)

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| | |
|:---|:---|
| **Delaware** | **85-1602921**  |
| (State or other jurisdiction of incorporation or <br>organization) | (I.R.S. Employer Identification No.) |
| **1717 E Cary St.**<br> **Richmond, VA** | <br> **23223** |
| (Address of principal executive offices) | (Zip Code) |

---

---

| |
|:---|
| **(804) 833-7974** |
| Issuer's telephone number, including area code |

---

---

| |
|:---|
| **Series VV 0001, Series VV-PNST, Series VV-SUPR, Series VV-CHAM, Series VV-STEML, Series VV-MACAL, Series VV-BOWCK, Series VV-FUTUR, Series VV-BDX, Series VV-SPAN, Series VV-DRC, Series VV-NAPA, Series VV-RHONE, Series VV-PDMT, Series VV-JPWY, Series VV-PTRS, Series VV-ROSE, Series VV-BOD10, VV-WBURG, Series VV-GERM, Series VV-LAF10, Series VV-MACAL50, Series VV-JYFT, Series VV-GPS, Series VV-BDMA, Series VV-CDCV, Series VV-DRCH, VV-MR19, VV-SCRV, Series VV-BDXM1, Series VV-CB100, Series VV-JSCV, Series VV-KGC1, Series VV-LR15, Series VV-PFGV, Series VV-BDX2K, Series VV-BXEP21, Series VV-CDVM, Series VV-CHBL1, Series VV-DRC15, Series VV-DRCRC1, Series VV-KGC2, Series VV-MACAL2, Series VV-MACAL3, Series VV-MVRW, Series VV-POM1 Series VV-BOW50, Series VV-CCC1, Series VV-DL19, Series VV-DRCH17, Series VV-HAWV, Series VV-LAF19, Series VV-MACFC, Series VV-MARG1, Series VV-RTBC, Series VV-SAIC, Series VV-TLC1, Series VV-BOW2, Series VV-DP08, Series VV-DRC09, Series VV-DRCH14, Series VV-DRCH19, Series VV-ITRC, Series VV-KCSK, Series VV-KGC3, Series VV-KGC4, Series VV-MACAL4, Series VV-YAM1, Series VV-BOMA, Series VV-CHJC, Series VV-GUGL1, Series VV-HBC1, Series VV-HIB1, Series VV-KGC5, Series VV-LAT1, Series VV-LBV1, Series VV-RBV1, Series VV-SCC1, Series VV-SPAN2, Series VV-KGC6, Series VV-AMW1, Series VV-BDXG, Series VV-BURGS1, Series VV-CALC1, Series VV-CHAM2, Series VV-GCW1, Series VV-HCC1, Series VV-MACAL5, Series VV-MACAL6, Series VV-PNTC1, Series VV-SCC2, Series VV-SUPR2, Series VV-LB22, Series VV-RB22, Series VV-FG22, Series VV-KKCSK, Series VV-DOM13, Series VV-PG18, Series VV-CDP1, Series VV-IGMS, Series VV-RUM1, Series VV-HPHH, Series VV-JPNW** |
| (Title of each class of securities issued pursuant to Regulation A) |

---

*In this Annual Report on Form 1-K (the "Annual Report"), the terms "VV Markets", "we", "us", "our" or the "Company" refer to VV Markets, LLC.*

THIS REPORT MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY'S MANAGEMENT. WHEN USED IN THE ANNUAL REPORT, THE WORDS "ESTIMATE," "PROJECT," "BELIEVE," "ANTICIPATE," "INTEND," "EXPECT" AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT'S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

------

The market data and certain other statistical information used throughout this Annual Report are based on independent industry publications, governmental publications, reports by market research firms, or other independent sources that we believe to be reliable sources. Industry publications and third-party research, surveys, and studies generally indicate that their information has been obtained from sources believed to be reliable, although they do not guarantee the accuracy or completeness of such information. We are responsible for all of the disclosure contained in this Annual Report, and we believe that these sources are reliable. We have not independently verified the information contained in such publications. While we are not aware of any misstatements regarding any third-party information presented in this Annual Report, their estimates, in particular, as they relate to projections, involve numerous assumptions, are subject to risks and uncertainties, and are subject to change based on various factors. Some data are also based on our good faith estimates.

------

**SERIES OFFERING TABLE**

The Series offering table below shows key information related to the offering of each Series of our Company as of the date of this Annual Report.

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Master Series Table** | **Master Series Table** | **Master Series Table** | **Master Series Table** | **Master Series Table** | **Master Series Table** | **Master Series Table** | **Master Series Table** | **Master Series Table** | **Master Series Table** | **Master Series Table** | **Master Series Table** | **Master Series Table** | **Master Series Table** |
| **Series Name** | **Qualification Date** | **Underlying Assets** | **Agreement Type** | **Status** | **Opening Date** | **Offering Price per Interest** | **Minimum Membership Interests** | **Maximum Membership Interests** | **Minimum Offering Size** | **Maximum Offering Size** | **Sourcing Fee or True-Up** | **Exit (Partial or Full) (1)** | **Amount Distributed to Series Interest holders (2)** |
| VV-0001 | 4/26/2021 | California Collection | Upfront Purchase | Closed | 4/26/2021 | $46.00  | 1000 | 1000 | $46000  | $46000  | $2891  | Full | $53471.50  |
| VV-PNST | 6/29/2021 | Laurent Ponsot Collection | Purchase Option | Closed | 7/28/2021 | $23.00  | 2000 | 2200 | $46000  | $50600  | $4082  | - | - |
| VV-SUPR | 6/29/2021 | Super Tuscan Collection | Purchase Option | Closed | &nbsp;&nbsp;&nbsp;&nbsp;6/30/2021 | $36.00  | 1986 | 2185 | $71496  | $78660  | $5267  | Partial | $21349.50  |
| VV-CHAM | 6/29/2021 | Champagne Collection | Purchase Option | Closed | 7/6/2021 | $50.00  | 1460 | 1692 | $73000  | $84600  | $5445  | Partial | $65355.90  |
| VV-STEML | 6/29/2021 | St. Emillion Collection | Purchase Option | Closed | 7/8/2021 | $10.00  | 6450 | 7095 | $64500  | $70950  | $5443  | - | - |
| VV-MACAL | 8/5/2021 | Macallan Fine & Rare Collection | Purchase Option | Closed | 8/18/2021 | $50.00  | 1700 | 2040 | $85000  | $102000  | $6880  | - | - |
| VV-BOWCK | 8/5/2021 | Bowmore Cask Collection | Purchase Option | Closed | 9/29/2021 | $47.00  | 2000 | 2200 | $94000  | $103400  | $6992  | Partial | $120165.92  |
| VV-FUTUR | 8/5/2021 | Bordeaux 2020 Futures Collection | Purchase Option | Closed | 10/13/2021 | $70.00  | 1600 | 1920 | $112000  | $134400  | $8162  | - | - |
| VV-BDX | 8/5/2021 | Bordeaux Classics Collection | Purchase Option | Closed | 9/1/2021 | $40.00  | 2125 | 2550 | $85000  | $102000  | $6480  | Partial | $29750.00  |
| VV-SPAN | 8/5/2021 | Spanish Collection | Purchase Option | Closed | 9/15/2021 | $60.00  | 1400 | 1680 | $84000  | $100800  | $6512  | Partial | $14588.00  |
| VV-DRC | 10/27/2021 | DRC Collection | Purchase Agreement | Closed | 10/28/2021 | $25.00  | 5480 | 6302 | $137000  | $157550  | $11051  | - | - |
| VV-NAPA | 10/27/2021 | Napa 2018 Collection | Purchase Option | Closed | 10/28/2021 | $50.00  | 2840 | 3266 | $142000  | $163300  | $11557  | Partial | $17686.13  |
| VV-RHONE | 10/27/2021 | Domaines of Rhone Collection | Purchase Option | Closed | 10/28/2021 | $40.00  | 3825 | 4400 | $153000  | $176000  | $12404  | - | - |
| VV-PDMT | 10/27/2021 | Piemonte Collection | Purchase Option | Closed | 10/28/2021 | $50.00  | 3090 | 3553 | $154500  | $177650  | $12456  | - | - |
| VV-JPWY | 10/27/2021 | Karuizawa "36 Views of Mt. Fuji" | Purchase Option | Closed | 10/28/2021 | $34.00  | 5500 | 6325 | $187000  | $215050  | $15516  | - | - |
| VV-PTRS | 10/27/2021 | Petrus Collection | Purchase Agreement | Closed | 10/28/2021 | $58.00  | 500 | 575 | $29000  | $33350  | $2179  | - | - |
| VV-ROSE | 3/8/2022 | Rosé Champagne Collection | Purchase Agreement | Closed | 3/9/2022 | $41.00  | 1000 | 1100 | $41000  | $45100  | $3366  | - | - |
| VV-BOD10 | 3/8/2022 | 2010 Decade Collection | Purchase Agreement | Closed | 3/9/2022 | $50.00  | 1990 | 2189 | $99500  | $109450  | $8452  | - | - |
| VV-WBURG | 3/8/2022 | White Burgundy Collection | Purchase Agreement | Closed | 3/9/2022 | $30.00  | 4600 | 5060 | $138000  | $151800  | $11333  | - | - |
| VV-GERM | 3/8/2022 | German Collection | Purchase Option | Closed | 3/9/2022 | $53.00  | 1000 | 1100 | $53000  | $58300  | $4594  | Partial | $9701.68  |
| VV-LAF10 | 3/8/2022 | Lafite 10-Year Vertical Collection | Purchase Option | Closed | 3/9/2022 | $100.00  | 1210 | 1331 | $121000  | $133100  | $10700  | - | - |
| VV-MACAL50 | 3/8/2022 | Macallan 50 Year Old Collection | Purchase Option | Closed | 3/9/2022 | $20.00  | 5750 | 6325 | $115000  | $126500  | $9320  | - | - |
| VV-JYFT | 3/8/2022 | Joy Fantastic Vint Primeur Collection | Purchase Option | Closed | 3/9/2022 | $30.00  | 800 | 880 | $24000  | $26400  | $3280  | - | - |
| VV-GPS | 3/8/2022 | Glenfarclas Pagoda Series | Purchase Option | Closed | 3/9/2022 | $43.00  | 3000 | 3300 | $129000  | $141900  | $18322  | - | - |
| VV-BDMA | 6/6/2022 | Brunello di Montalcino All-Stars Collection | Purchase Agreement | Closed | 6/7/2022 | $50.00  | 860 | 946 | $43000  | $47300  | $4228  | - | - |
| VV-CDCV | 6/6/2022 | Comtes de Champagne Vertical Collection | Purchase Agreement | Closed | 6/7/222 | $50.00  | 760 | 836 | $38000  | $41800  | $3942  | - | - |

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| | | | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| VV-DRCH | 6/6/2022 | Domaine de la Romanée-Conti Horizontal Collection | Purchase Agreement | Closed | 6/7/2022 | $100.00  | 530 | 583 | $53000  | $58300  | $4908  | - | - |
| VV-MR19 | 6/6/2022 | Mouton Rothschild 2019 Collection | Purchase Agreement | Closed | 6/7/2022 | $100.00  | 280 | 308 | $28000  | $30800  | $4069  | - | - |
| VV-SCRV | 6/6/2022 | Screaming Eagle '17, '18, '19 Collection | Purchase Agreement | Closed | 6/7/2022 | $100.00  | 1310 | 1441 | $131000  | $144100  | $10742  | - | - |
| VV-BDXM1 | 7/1/2022 | Bordeaux Superstars in Magnum Collection | Purchase Agreement | Closed | 7/1/2022 | $50.00  | 4000 | 4400 | $200000  | $220000  | $26662  | - | - |
| VV-CB100 | 7/1/2022 | Cheval Blanc 100-Point Collection | Purchase Agreement | Closed | 7/1/2022 | $100.00  | 570 | 627 | $57000  | $62700  | $6244  | - | - |
| VV-JSCV | 7/1/2022 | Jacques Selosse Champagne Mini Vertical Collection | Purchase Agreement | Closed | 7/1/2022 | $100.00  | 610 | 671 | $61000  | $67100  | $6374  | - | - |
| VV-KGC1 | 7/1/2022 | Karuizawa Geisha Collection | Purchase Agreement | Closed | 7/1/2022 | $50.00  | 1500 | 1650 | $75000  | $82500  | $6577  | - | - |
| VV-LR15 | 7/1/2022 | Domaine Leroy 2015 Collection | Purchase Agreement | Closed | 7/1/2022 | $100.00  | 700 | 770 | $70000  | $77000  | $12335  | - | - |
| VV-PFGV | 7/1/2022 | Penfolds Grange Vertical Collection | Purchase Agreement | Closed | 7/1/2022 | $50.00  | 1640 | 1804 | $82000  | $90200  | $11027  | - | - |
| VV-BDX2K | 7/29/2022 | Bordeaux Millennium Collection | Purchase Agreement | Closed | 7/29/2022 | $100.00  | 1760 | 1936 | $176000  | $193600  | $23978  | - | - |
| VV-BXEP21 | 7/29/2022 | Bordeaux En Primeur 2021 Collection | Purchase Agreement | Closed | 7/29/2022 | $50.00  | 4600 | 5060 | $230000  | $253000  | $29442  | - | - |
| VV-CDVM | 7/29/2022 | Vogue Musigny Vertical Collection | Purchase Agreement | Closed | 7/29/2022 | $100.00  | 1000 | 1100 | $100000  | $110000  | $15716  | - | - |
| VV-CHBL1 | 7/29/2022 | Domaine Raveneau Collection | Purchase Agreement | Closed | 7/29/2022 | $50.00  | 600 | 660 | $30000  | $33000  | $3504  | Partial | $6732.00 |
| VV-DRC15 | 7/29/2022 | DRC 2015 Assortment Collection | Purchase Agreement | Closed | 7/29/2022 | $100.00  | 760 | 836 | $76000  | $83600  | $6368  | - | - |
| VV-DRCRC1 | 7/29/2022 | DRC Romanée-Conti 2018 Collection | Purchase Agreement | Closed | 7/29/2022 | $100.00  | 1000 | 1100 | $100000  | $110000  | $8521  | - | - |
| VV-KGC2 | 7/29/2022 | Karuizawa Sapphire Geisha Collection | Purchase Agreement | Closed | 7/29/2022 | $100.00  | 1580 | 1738 | $158000  | $173800  | $20198  | - | - |
| VV-MACAL2 | 7/29/2022 | The Macallan Red 71 Collection | Purchase Agreement | Closed | 7/29/2022 | $100.00  | 1050 | 1155 | $105000  | $115500  | $12444  | - | - |
| VV-MACAL3 | 7/29/2022 | The Macallan Red 78 Collection | Purchase Agreement | Closed | 7/29/2022 | $100.00  | 1300 | 1430 | $130000  | $143000  | $18962  | - | - |
| VV-MVRM | 7/29/2022 | Midleton Silent Distillery Collection | Purchase Agreement | Closed | 7/29/2022 | $50.00  | 3100 | 3410 | $155000  | $170500  | $23862  | - | - |
| VV-POM1 | 7/29/2022 | Pomerol Rarities Collection | Purchase Agreement | Closed | 7/29/2022 | $100.00  | 1100 | 1210 | $110000  | $121000  | $14355  | - | - |
| VV-BOW50 | 2/17/2023 | Bowmore 50 Year Old Collection | Purchase Agreement | Closed | 2/17/2023 | $100.00  | 600 | 660 | $60000  | $66000  | $20580  | - | - |
| VV-CCC1 | 2/17/2023 | Cristal Champagne Collection | Purchase Agreement | Closed | 2/17/2023 | $100.00  | 870 | 957 | $87000  | $95700  | $11933  | - | - |
| VV-DL19 | 2/17/2023 | Domaine Leflaive 2019 Grand Cru Collection | Purchase Agreement | Closed | 2/17/2023 | $100.00  | 630 | 693 | $63000  | $69300  | $8352  | - | - |
| VV-DRCH17 | 2/17/2023 | Domaine de la Romanée-Conti 2017 Horizontal Collection | Purchase Agreement | Closed | 2/17/2023 | $100.00  | 880 | 968 | $88000  | $96800  | $11534  | Partial | $17987.20  |
| VV-HAWV | 2/17/2023 | Hundred Acre Vertical Collection | Purchase Agreement | Closed | 2/17/2023 | $50.00  | 1060 | 1166 | $53000  | $58300  | $4654  | - | - |
| VV-LAF19 | 2/17/2023 | Lafite Rothschild 2019 Collection | Purchase Agreement | Closed | 2/17/2023 | $50.00  | 920 | 1012 | $46000  | $50600  | $7328  | - | - |
| VV-MACFC | 2/17/2023 | Macallan Archival Folio Collection | Purchase Agreement | Closed | 2/17/2023 | $50.00  | 1320 | 1452 | $66000  | $72600  | $9838  | - | - |
| VV-MARG1 | 2/17/2023 | Château Margaux Vertical Collection | Purchase Agreement | Closed | 2/17/2023 | $100.00  | 980 | 1078 | $98000  | $107800  | $13142  | - | - |
| VV-RTBC | 2/17/2023 | 2019 Rousseau "Trinity" Burgundy Collection | Purchase Agreement | Closed | 2/17/2023 | $100.00  | 1020 | 1122 | $102000  | $112200  | $14558  | - | - |
| VV-SAIC | 2/17/2023 | South American Icons Collection | Purchase Agreement | Closed | 2/17/2023 | $100.00  | 680 | 748 | $68000  | $74800  | $13908  | - | - |
| VV-TLC1 | 2/17/2023 | Tuscan Legends Collection | Purchase Agreement | Closed | 2/17/2023 | $100.00  | 790 | 869 | $79000  | $86900  | $10602  | - | - |
| VV-BOW2 | 3/1/2023 | Bowmore Black and Gold Collection | Purchase Agreement | Closed | 3/1/2023 | $50.00  | 1120 | 1232 | $56000  | $61600  | $15036  | - | - |

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| VV-DP08 | 3/1/2023 | 2008 Dom Perignon Collection | Purchase Agreement | Closed | 3/1/2023 | $50.00  | 1700 | 1870 | $85000  | $93500  | $10284  |
| VV-DRC09 | 3/1/2023 | 2009 DRC Romanée-Conti Collection | Purchase Agreement | Closed | 3/1/2023 | $100.00  | 1050 | 1155 | $105000  | $115500  | $11160  |
| VV-DRCH14 | 3/1/2023 | 2014 DRC Assortment Case Collection | Purchase Agreement | Closed | 3/1/2023 | $50.00  | 1440 | 1584 | $72000  | $79200  | $5996  |
| VV-DRCH19 | 3/1/2023 | 2019 DRC Assortment Collection  | Purchase Agreement | Closed | 3/1/2023 | $100.00  | 1940 | 2134 | $194000  | $213400  | $21986  |
| VV-ITRC | 3/1/2023 | Italian Rarities Collection | Purchase Agreement | Closed | 3/1/2023 | $50.00  | 1460 | 1606 | $73000  | $80300  | $11889  |
| VV-KCSK | 3/1/2023 | Karuizawa Cask Collection | Purchase Agreement | Closed | 3/1/2023 | $100.00  | 3150 | 3465 | $315000  | $346500  | $52275  |
| VV-KGC3 | 3/1/2023 | Karuizawa Pearl Geisha Collection | Purchase Agreement | Closed | 3/1/2023 | $100.00  | 860 | 946 | $86000  | $94600  | $5248  |
| VV-KGC4 | 3/1/2023 | Karuizawa Golden Geisha Collection | Purchase Agreement | Closed | 3/1/2023 | $50.00  | 1280 | 1408 | $64000  | $70400  | $19702  |
| VV-MACAL4 | 3/1/2023 | The Macallan Exceptional Cask Collection | Purchase Agreement | Closed | 3/1/2023 | $100.00  | 800 | 880 | $80000  | $88000  | $21224  |
| VV-YAM1 | 3/1/2023 | The Yamazaki 25 YO Collection | Purchase Agreement | Closed | 3/1/2023 | $50.00  | 780 | 858 | $39000  | $42900  | $8298  |
| VV-BOMA | 5/12/2023 | Bonnes Mares Collection | Purchase Agreement | Closed | 5/12/2023 | $100.00  | 700 | 770 | $70000  | $77000  | $5580  |
| VV-CHJC | 5/12/2023 | Champagne Jewels Collection | Purchase Agreement | Closed | 5/12/2023 | $100.00  | 690 | 759 | $69000  | $75900  | $7566  |
| VV-GUGL1 | 5/12/2023 | Guigal 2019 La Las Collection | Purchase Agreement | Closed | 5/12/2023 | $100.00  | 610 | 671 | $61000  | $67100  | $8142  |
| VV-HBC1 | 5/12/2023 | Haut Brion & La Mission Collection | Purchase Agreement | Closed | 5/12/2023 | $100.00  | 1220 | 1342 | $122000  | $134200  | $13976  |
| VV-HIB1 | 5/12/2023 | Hibiki Kutani Collection  | Purchase Agreement | Closed | 5/12/2023 | $100.00  | 650 | 715 | $65000  | $71500  | $10062  |
| VV-KGC5 | 5/12/2023 | Karuizawa Geisha Collection #5 | Purchase Agreement | Closed | 5/12/2023 | $100.00  | 530 | 583 | $53000  | $58300  | $5404  |
| VV-LAT1 | 5/12/2023 | 2015 Latour Collection | Purchase Agreement | Closed | 5/12/2023 | $100.00  | 820 | 902 | $82000  | $90200  | $8144  |
| VV-LBV1 | 5/12/2023 | Left Bank Bordeaux Values | Purchase Agreement | Closed | 5/12/2023 | $100.00  | 1020 | 1122 | $102000  | $112200  | $13902  |
| VV-RBV1 | 5/12/2023 | Right Bank Bordeaux Values | Purchase Agreement | Closed | 5/12/2023 | $100.00  | 950 | 1045 | $95000  | $104500  | $11992  |
| VV-SCC1 | 5/12/2023 | Superlative Scotch Cask Collection | Purchase Agreement | Closed | 5/12/2023 | $100.00  | 595 | 655 | $59500  | $65500  | $5424  |
| VV-SPAN2 | 5/12/2023 | Vega Sicilia Unico Collection | Purchase Agreement | Closed | 5/12/2023 | $100.00  | 720 | 792 | $72000  | $79200  | $8532  |
| VV-KGC6 | 5/12/2023 | Karuizawa Geisha Collection #6 | Purchase Agreement | Closed | 5/12/2023 | $100.00  | 650 | 715 | $65000  | $71500  | $7920  |
| VV-AMW1 | 7/20/2023 | American Whiskey Collection | Purchase Agreement | Closed | 7/20/2023 | $100.00  | 1300 | 1430 | $130000  | $143000  | $18714  |
| VV-BDXG | 7/20/2023 | 2016 Bordeaux Greats | Purchase Agreement | Withdrawn | 7/20/2023 | $100.00  | 1040 | 1144 | $104000  | $114400  | $12393  |
| VV-BURGS1 | 7/20/2023 | 2020 Burgundy Stars | Purchase Agreement | Withdrawn | 7/20/2023 | $100.00  | 1000 | 1100 | $100000  | $110000  | $13198  |
| VV-CALC1 | 7/20/2023 | 2019 California Cults Collection | Purchase Agreement | Closed | 7/20/2023 | $100.00  | 1000 | 1100 | $100000  | $110000  | $9907  |
| VV-CHAM2 | 7/20/2023 | Champagne Stars #2 | Purchase Agreement | Closed | 7/20/2023 | $100.00  | 970 | 1067 | $97000  | $106700  | $12229  |
| VV-GCW1 | 7/20/2023 | 2020 Grand Cru Whites | Purchase Agreement | Closed | 7/20/2023 | $100.00  | 525 | 578 | $52500  | $57800  | $5952  |
| VV-HCC1 | 7/20/2023 | Hanyu Cask Collection | Purchase Agreement | Closed | 7/20/2023 | $100.00  | 1180 | 1298 | $118000  | $129800  | $18224  |
| VV-MACAL5 | 7/20/2023 | The Macallan Red Collection | Purchase Agreement | Closed | 7/20/2023 | $100.00  | 2150 | 2365 | $215000  | $236500  | $34425  |
| VV-MACAL6 | 7/20/2023 | Tales of The Macallan Collection | Purchase Agreement | Closed | 7/20/2023 | $100.00  | 1130 | 1243 | $113000  | $124300  | $22264  |
| VV-PNTC1 | 7/20/2023 | Pontet Canet Collection | Purchase Agreement | Withdrawn | 7/20/2023 | $100.00  | 690 | 759 | $69000  | $75900  | $7831  |

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| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| VV-SCC2 | 7/20/2023 | Superlative Scottish Casks #2 | Purchase Agreement | Closed | 7/20/2023 | $100.00  | 1130 | 1243 | $113000  | $124300  | $13298  |
| VV-SUPR2 | 7/20/2023 | 2020 Super Tuscans  | Purchase Agreement | Closed | 7/20/2023 | $100.00  | 495 | 545 | $49500  | $54500  | $5184  |
| VV-LB22 | 7/25/2023 | Left Bank 2022 En Primeur Collection | Purchase Agreement | Withdrawn | 7/25/2023 | $100.00  | 1200 | 1320 | $120000  | $132000  | $14537  |
| VV-RB22 | 7/25/2023 | Right Bank 2022 En Primeur Collection | Purchase Agreement | Closed | 7/25/2023 | $100.00  | 560 | 616 | $56000  | $61600  | $6984  |
| VV-FG22 | 7/25/2023 | First Growth 2022 En Primeur Collection | Purchase Agreement | Withdrawn | 7/25/2023 | $100.00  | 1110 | 1221 | $111000  | $122100  | $13207  |
| VV-KKCSK | 10/16/2023 | Kiyokawa Cask Collection | Purchase Agreement | Closed | 10/18/2023 | $100.00  | 1250 | 1375 | $125000  | $137500  | $23125  |
| VV-DOM13 | 10/16/2023 | 2013 Dom Perignon Collection | Purchase Agreement | Withdrawn | 10/18/2023 | $100.00  | 620 | 682 | $62000  | $68200  | $9116  |
| VV-PG18 | 10/16/2023 | Penfolds Grange 2018 Collection | Purchase Agreement | Withdrawn | 10/18/2023 | $100.00  | 520 | 572 | $52000  | $57200  | $6987  |
| VV-CDP1 | 10/16/2023 | Chateauneuf du Pape Champions Collection | Purchase Agreement | Closed | 10/18/2023 | $100.00  | 600 | 660 | $60000  | $66000  | $10545  |
| VV-IGMS | 10/16/2023 | Italian Gems Collection | Purchase Agreement | Withdrawn | 10/18/2023 | $100.00  | 520 | 572 | $52000  | $57200  | $7782  |
| VV-RUM1 | 10/16/2023 | Rare Rum Cask Collection | Purchase Agreement | Closed | 10/18/2023 | $100.00  | 820 | 902 | $82000  | $90200  | $13797  |
| VV-HPHH | 10/16/2023 | Highland Park Hogshead Collection | Purchase Agreement | Closed | 10/18/2023 | $100.00  | 900 | 990 | $90000  | $99000  | $16620  |
| VV-JPNW | 10/16/2023 | Japanese Whisky Icons Collection | Purchase Agreement | Closed | 10/18/2023 | $100.00  | 500 | 550 | $50000  | $55000  | $7486  |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)In this column, "Open" indicates that the offering has been qualified by the SEC and the company is actively accepting investments in that offering. "Closed" indicates that the offering was previously Open and accepting investments, but is now no longer accepting investments. "Withdrawn" indicates an offering that was either previously qualified by the SEC or submitted to the SEC for qualification in an offering statement that the company has subsequently decided to cancel, returning any investments received by the company from investors in that offering and preventing any future investment in that offering.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)An "exit" refers to the sale of the underlying assets of a series. A partial exit is a sale of a portion of the underlying assets of the series. A full exit is the sale of all underlying assets of the series.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)Reflects amounts of cash distributed to holders of interests of the series as of April 30, 2026.

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**Item 1. Business**

**Overview**

Investing in fine wine, champagne and spirits has serious barriers to entry such as the need for a large initial investment for proper diversification, storage challenges, logistical challenges, lack of industry expertise, and tremendous market inefficiencies. Today, those who are passionate about wine and spirits are limited to investing through a wine and spirits broker, hiring a wine & spirits manager, or self-directed investing. The current investment options do not address all of these challenges and barriers.

The fine wine and spirits market is a global industry valued over $8 billion (based on Cult Wine and Bordeaux Index estimates). There is no true definition of an investable wine or spirit. A general rule of thumb is bottles over $100.00 upon release are investment grade. However, there may be investment grade fine wines or spirits that retail below the $100.00 price. The wine market was previously controlled by the Bordeaux and Burgundy regions of France. These regions of France have been producing high-quality, investment grade wines for hundreds of years. However, fine wine production has improved, regions from all over the world and now vineyards from around to world compete in the expanding global fine wine industry. We look to source fine wine from various regions including, but not limited to, the United States, France, Italy, Australia, and Argentina. By extrapolating this current trend, the Company believes that the fine wine market will continue to expand as its global participants increase. The global spirits market is expanding. The Scotch Whisky market has led the gains across a ten-year period, but other areas – Japanese whisky, cognac and rum – have also seen strong performance more recently. As per Bordeaux Index, Single Malt Scotch whisky exports pushed above £1bn for the first time ever in 2017 which reflects the worldwide demand for Scotch whisky especially from the emerging markets of India and China, but also in the US. The traditional size of a spirits investment portfolio is between $130,000 and $13 million, making the market difficult for most investors to access.

Current market participants are limited to (i) personal wine and spirits collectors, (ii) fine wine and spirits retailers and (iii) fine wine and spirits managers who manage investor's capital in portfolios. These market participants have limited outside participants through high initial investments, logistical challenges, and the need for industry expertise.

Our mission is to expand access and market participation to a broad range of wine and spirits enthusiasts and investors. Regulatory advancements have made it possible for the Company to offer investors the ability to invest in portfolios of fine wine and spirits. We think that both wine and spirits enthusiasts as well as savvy investors will be able to benefit from our diversified collections of selected wines. The Company does not anticipate to generate "Free Cash Flow" from the underlying assets, but may generate periodic income from the sale of a portion of the assets. Most, if not all income will come at the end of the investment period (3-10 years) as assets are liquidated.

There are numerous methods to buy and sell the underlying assets. The primary buying methods are, (i) global and domestic wine and spirits merchants such as Bordeaux Index, (ii) global and domestic auction houses, such as Sotheby's, K&L, and WineBid, and (iii) fine wine and spirits exchanges, such as the London International Vintner's Exchange. The Company works with licensed wine merchants, auction houses, producers, and other partners. Although, the Company does not currently participate in international exchanges, we believe that we may need to source wines from international merchants. In the event of an international purchase, we intend to store the wines in a bonded warehouse within the country of purchase. This limits the taxes and tariffs paid on the assets.

Our Manager will seek to sell assets within one to ten years; provided that the Manager reasonably believes that price at which the asset is being sold is at a price which represents a profitable return for the investors. Methods to sell the collections include, but are not limited to, (i) global and domestic merchants, (ii) global and domestic auction houses and (iii) wine & spirits exchanges. Although we currently do not operate an auction house or retailer, the Company may explore this option if the Manager believes such step would help recognize the best price for our interest holders.

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**Business of the Company**

An investment in a Series of the Company represents an investment in that particular Series and thus indirectly in the underlying asset related to such Series and do not represent an investment in the Company or the Manager generally. We do not anticipate that any Series will own any assets other than the assets related to that Series. However, we expect that the operations of the Company, including the issuance of additional Series of interests and their acquisition of additional assets, will benefit investors by enabling each Series to benefit from economies of scale.

The Company's core competency is the identification, acquisition, marketing and management of investment grade fine wines and spirits for the benefit of investors. These investments into the Company and each Series are promoted and marketed on the Vint Platform located at www.vint.co. The Vint Platform provides a seamless, transparent and unassuming investment process as well as unique and enjoyable experiences that enhances the utility value of investing in these assets. The Company, with the support of the Manager and through the use of the Vint Platform, aims to provide:

-Investors with quality investments in a diverse portfolio of fine wines or spirits;

-Asset sellers with greater market transparency and insights, lower transaction costs, increased liquidity, a seamless and convenient sale process, portfolio diversification and the ability to build equity positions in assets via the Interests issued to asset sellers in offerings for Series Interests conducted through the Platform, as part of total purchase consideration to the asset sellers; and

-Platform users with unique wine or spirits insights, research, and experiences.

Our objective is to become the leading marketplace for investing in investment grade fine wine & spirits and, through the Vint Platform, to provide investors with financial returns in a portfolio of fine wines or spirits commensurate with returns in individual fine wine or spirits assets, to enable deeper and more meaningful participation by fine wine or spirits enthusiasts in investing and to manage the collection in a manner that provides exemplary care to the assets and offers potential returns for investors.

**Market Opportunity**

We believe the overall macroeconomic environment remains favorable for high performing alternative asset classes, including fine wine and spirits. Interest rates are expected to remain moderate (albeit rising) across most developed economies and returns in traditional asset classes such as stocks and investment grade bonds may remain volatile. Covid-19 has exposed tremendous volatility in the public equity markets. Transparency continues to grow in the alternative asset industry and we believe the future for alternatives, including fine wine & spirits is promising. In addition to the increased transparency generally across alternative asset classes, we believe that these factors will support the trend for investors to seek returns in alternative assets, which will continue to make these a more permanent component of investment strategies broadly.

The fine wine and spirits market is experiencing secular tailwinds. The market has emerged from a conservative past into a more accepting present. The global share of fine wine has transitioned away from Bordeaux and Burgundy. According to data from the London International Vintner's Exchange, Bordeaux's regional trade share on their exchange has decreased over the last 10 years. The regions that are gaining share from Bordeaux include, Italy, Rhone, Champagne, and other regions. The fine wine market is valued around $5 billion (Morgan Stanley). Since 2003, the London International Vintner's Exchange 1000 (a good proxy for the fine wine market) has an annualized annual return (10 year rolling periods) of 7.61% with volatility of 1.46% (Cult Wines).

The spirits market exhibits similar characteristics to that of the fine wine market. As per Frank Knight, "A 580% rise over the past decade in Knight Frank's Rare Whisky 100 Index, new direct flights between Edinburgh and Beijing, 40% annual growth in sales of Scotch to India and China, and a new record sale price of £1.2 million for a single bottle" all exemplify the strength of the investable spirits market. Bordeaux Index reports annual returns for the Icon 100 index of 18% from 2008 to 2019. The nature of the slow production and maturation of whisky makes it very tough to keep up with demand and bottles disappearing from the market are not being replaced quickly enough.

There are three primary places to buy fine wine and spirits. Merchants have the largest share of the market with an estimated 70% share of the market. Notable merchants include Berry Brothers, Farr Vintners, K&L, and Bordeaux Index. Auction houses are the second largest player in the secondary market with an estimated 25% share of the market. Finally, exchanges are the smallest player in the secondary market, with and estimated 5% of the market. The secondary market lacks pricing transparency. We utilize public pricing lists, price aggregators, and exchange data to determine a fair value estimate of the average market value. This lack of pricing transparency creates wide spreads in the market between comparable wines and spirits. We look to utilize these spreads to source wines and spirits at attractive valuations, thereby maximizing the potential upside for our investors.

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**Our Manager**

VinVesto, Inc., a Delaware corporation incorporated in June 2020 (which we refer to as "Vint", "VinVesto" or our "Manager"), is the Manager of the Company and each Series of the Company. The Manager also owns and operates the website located at www.vint.co ("Vint Platform") through which each Series of interests will be sold. The operating agreement designates the Manager as the managing member of the Company. The Manager will generally not be entitled to vote on matters submitted to the holders of our interests. The Manager will not have any distribution, redemption, conversion or liquidation rights by virtue of its status as manager.

The operating agreement further provides that the Manager, in exercising its rights in its capacity as the managing member, will be entitled to consider only such interests and factors as it desires, including its own interests, and will have no duty or obligation (fiduciary or otherwise) to give any consideration to any interest of or factors affecting the Company, any Series of interests or any of the interest holders and will not be subject to any different standards imposed by the operating agreement, the LLC Act or under any other law, rule or regulation or in equity. In addition, the operating agreement provides that the Manager will not have any duty (including any fiduciary duty) to the Company, any Series or any of the interest holders.

In the event the Manager resigns as managing member of the Company, the holders of a majority of all interests of the Company may elect a successor managing member. Holders of interests in each Series have the right to remove the Manager as manager of the Company, by a vote of two-thirds of the holders of all interests in each Series (excluding the Manager), in the event the Manager is found by a non-appealable judgment of a court of competent jurisdiction to have committed fraud in connection with a Series or the Company. If so convicted, the Manager shall call a meeting of all of the holders of every Series of interests within 30 calendar days of such non-appealable judgment at which the holders may vote to remove the Manager as manager of the Company and each Series. If the Manager fails to call such a meeting, any interest holder will have the authority to call such a meeting. In the event of its removal, the Manager shall be entitled to receive all amounts that have accrued and are due and payable to it. If the holders vote to terminate and dissolve the Company (and therefore each Series), the liquidation provisions of the operating agreement shall apply. In the event the Manager is removed as manager of the Company, it shall also immediately cease to be manager of each Series.

See "Item 3 - Directors and Officers" of this Annual Report for additional information regarding the Manager.

**Operating Expenses**

Upon a closing of a Series' offering, the Series will be responsible for the following costs and expenses attributable to the activities of the Company related to the Series (together, the "Operating Expenses"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·any and all ongoing fees, costs and expenses incurred in connection with the management of the underlying asset, including import taxes, income taxes, transportation (other than transportation costs described in Acquisition Expenses), storage (including its allocable portion of property rental fees should the Manager decide to rent a property to store a number of underlying assets), security, valuation, custodial, marketing, maintenance and utilization of the underlying asset;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·fees, costs and expenses incurred in connection with preparing any reports and accounts of the Series of interests, including any blue sky filings required in certain states and any annual audit of the accounts of such Series of interests (if applicable);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·fees, costs and expenses of a third party registrar and transfer agent appointed in connection with the Series of interests;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·fees, costs and expenses incurred in connection with making any tax filings on behalf of the Series of interests;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·any indemnification payments;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·any and all insurance premiums or expenses incurred in connection with the underlying asset,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·any similar expenses that may be determined to be Operating Expenses, as determined by the Manager in its reasonable discretion. The Manager has agreed to pay and not be reimbursed for Operating Expenses incurred prior to the Closing. The Manager will bear its own expenses of an ordinary nature, including all costs and expenses on account of rent (other than for storage of the underlying asset), supplies, secretarial expenses, stationery, charges for furniture, fixtures and equipment, payroll taxes, remuneration and expenses paid to employees and utilities expenditures (excluding utilities expenditures in connection with the storage of the underlying asset).

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If the Operating Expenses exceed the amount of revenues generated from the underlying asset and cannot be covered by any Operating Expense reserves on the balance sheet of the underlying asset, the Manager may (a) pay such Operating Expenses and not seek reimbursement, (b) loan the amount of the Operating Expenses to the Series, on which the Manager may impose a reasonable rate of interest, and be entitled to reimbursement of such amount from future revenues generated by the Series (an "Operating Expenses Reimbursement Obligation(s)"), and/or (c) issue additional Interests in the Series in order to cover such additional amounts.

**Indemnification of our Manager**

The operating agreement provides that none of the Manager, nor any current or former directors, officers, employees, partners, shareholders, members, controlling persons, agents or independent contractors of the Manager, members of the Advisory Board, nor persons acting at the request of the Company in certain capacities with respect to other entities will be liable to the Company, any Series or any interest holders for any act or omission taken by them in connection with the business of the Company or any Series that has not been determined in a final, non-appealable decision of a court, arbitrator or other tribunal of competent jurisdiction to constitute fraud, willful misconduct or gross negligence.

Each Series will indemnify these persons out of its assets against all liabilities and losses (including amounts paid in respect of judgments, fines, penalties or settlement of litigation, including legal fees and expenses) to which they become subject by virtue of serving the Company or such Series and with respect to any act or omission that has not been determined by a final, non-appealable decision of a court, arbitrator or other tribunal of competent jurisdiction to constitute fraud, willful misconduct or gross negligence.

**Description of the Asset Management Agreement**

Each Series appoints the Manager to serve as Series manager to manage the underlying assets related to such Series pursuant to a Series management agreement ("Series Agreement"). Except as set forth below and any guidance as may be established from time to time by the Manager or the Advisory Board, our Series manager has sole authority and complete discretion over the care, custody, maintenance and management of each underlying asset and to take any action that it deems necessary or desirable in connection therewith. Our Series manager is authorized on behalf of each Series to, among other things:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Together with members of the Advisory Board, creating the asset maintenance policies for the collection of assets;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Investigating, selecting, and, on behalf of the applicable Series, engaging and conducting business with such persons as the Series manager deems necessary to ensure the proper performance of its obligations under the Series Agreement, including but not limited to consultants, insurers, insurance agents, maintenance providers, storage providers and transportation providers and any and all persons acting in any other capacity deemed by the Series manager necessary or desirable for the performance of any of the services under the Series Agreement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·Developing standards for the transportation and care of the underlying assets.

The Series Agreement will terminate on the earlier of: (i) one year after the date on which the relevant underlying assets have been liquidated and the obligations connected to the underlying assets (including, contingent obligations) have been terminated, (ii) the removal of the Manager as managing member of the Series related to such assets, (iii) upon notice by one party to the other party of a party's material breach of the asset management agreement or (iv) such other date as agreed between the parties to the asset management agreement.

Each Series will indemnify our Series manager and its affiliates, or any of their respective directors, members, stockholders, partners, officers, employees or controlling persons, against all liabilities and losses (including amounts paid in respect of judgments, fines, penalties or settlement of litigation, including legal fees and expenses) to which such person may become subject in connection with any matter arising out of or in connection with the asset management agreement, except to the extent that any such losses result solely from the acts or omissions of such person that have been determined in a final, non-appealable decision of a court, arbitrator or other tribunal of competent jurisdiction to have resulted primarily from such person's fraud, willful misconduct or gross negligence.

**Management Fee**

There is no separate management fee. The Manager is compensated for its expenses and through a Sourcing Fee (unless waived by the Manager) from the gross offering proceeds of each Series offering as compensation for its efforts to identify and acquire Series assets.

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**Asset selection**

The Company targets a broad spectrum of assets globally in order to cater to a wide variety of tastes and investment strategies across the fine wine and spirits market. We source our wine and spirits using historic trends, projected trends, and a large database of metrics. We pursue acquisitions opportunistically on a global basis whenever we can leverage our industry specific knowledge, data analysis skills, or relationships to bring compelling investment opportunities to investors. It is our objective to acquire only the highest caliber assets (and to appropriately maintain, monitor and manage the collection to support its continued value appreciation and to enable respectful enjoyment and utilization by the investors.

We anticipate that our Advisory Board will assist in the identification of fine wine & spirits and in finding and identifying fine wine and spirits related service providers. This gives the Company access to the highest quality assets and balanced information and decision making from information collected across a diverse set of constituents in the fine wine and spirits market, as well as a network of partners to ensure the highest standards of care for the underlying assets.

Our asset selection criteria were established by the Manager in consultation with members of our Advisory Board and are continually influenced by investor demand and current industry trends. The criteria are subject to change from time to time in the sole discretion of the Manager. Although we cannot guarantee positive investment returns on the assets we acquire, we endeavor to select assets that are projected to generate positive return on investment, primarily based upon the asset's value appreciation potential. The Manager, along with our Advisory Board, will attempt to select assets with known ownership history, pre-purchase inspections, and other related records. The Manager, along with our Advisory Board, also considers the condition and grading of the assets, historical significance, provenance, the historical valuation of the specific asset or comparable assets and our ability to relocate the asset to our storage facilities. The Manager, together with the Advisory Board, will review asset selection criteria at least annually. The Manager will seek approval from the Advisory Board for any major deviations from these criteria. Through the Company's network and Advisory Board, we believe that we are able to identify and acquire fine wines and spirits of the highest quality and known provenance, with the intent of driving returns for investors in the Series of interests that owns the applicable asset. Concurrently, through the Vint Platform, we aim to bring together a significantly larger number of potential buyers with asset sellers than traditional auction houses or brokers are able to achieve. Through this process, we believe we can source and syndicate assets more efficiently than the traditional markets and with significantly lower transaction and holding costs

**Asset acquisition**

The Company purchases the underlying assets for the Series through upfront purchases, purchase agreements, or purchase option agreements. The Company relies on the Manager for its asset selection criteria. The Manager relies upon market research and estimates of market value for the underlying assets through the network of price lists, www.winesearcher.com, auction houses, Bordeaux Index, and exchanges. The Manager's sourcing process is designed to provide the Company options to acquire the wines at a reasonable price. The Company acquires the underlying assets from asset sellers with a combination of cash proceeds from the offering and, if elected, equity ownership in the Series associated with the asset (as negotiated in the purchase for such fine wines) and the asset would be held by, or for the benefit of, the applicable Series

**Asset Management**

Once we acquire an asset, it is insured and then transported and warehoused in a climate-controlled, highly secure location. During our hold period, we monitor increases in market value and keep investors informed of any portfolio updates.

Our asset selection criteria were established by the Manager in consultation with members of our Advisory Board and are continually influenced by investor demand and current industry trends. The criteria are subject to change from time to time in the sole discretion of the Manager. Although we cannot guarantee positive investment returns on the assets we acquire, we endeavor to select assets that are projected to generate positive return on investment, primarily based upon the asset's value appreciation potential. The Manager, together with the Advisory Board, reviews asset selection criteria at least annually.

Through our network and Advisory Board, we believe that we are able to identify and acquire fine wines and spirits with the intent of driving returns for investors in the Series of interests that owns the applicable asset. Concurrently, through the Vint Platform, we aim to bring together a significantly larger number of potential buyers with asset sellers than traditional auction houses or dealers are able to achieve. Through this process, we believe we can source and syndicate assets more efficiently than the traditional markets and with significantly lower transaction and holding costs.

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**Asset Liquidity**

We intend to hold and manage all of the assets marketed on the Vint Platform for an average of one to ten years. Until such that time the Series assets are liquidated (i.e. by being sold), liquidity for investors would only be obtained by transferring their interests in a Series (although a secondary market does not currently exist and there can be no guarantee that a secondary market for any Series of interests will ever develop or that the appropriate registrations to permit secondary trading will ever be obtained). However, should an offer to liquidate a collection or an asset materialize and be in the best interest of the investors, as determined by our Series manager, our Series manager together with the Advisory Board will consider the merits of such offers on a case-by-case basis and potentially sell the asset. Furthermore, should an asset become obsolete (e.g. lack investor demand for its interests) or suffer from a catastrophic event, our Series manager may choose to sell the asset. As a result of a sale under any circumstances, our Series manager would distribute the proceeds of such sale (together with any insurance proceeds in the case of a catastrophic event covered under the assets insurance contract) to the interest holders of the applicable Series (after payment of any accrued liabilities or debt, including but not limited to balances outstanding under any obligation to reimburse any Operating Expenses related to an asset or the Series at that time).

**Employees**

The Manager has three full-time employees. The Manager also utilizes independent contractors and advisors to supplement its employee base. The Company does not have any employees.

**Government Regulation**

Regulation of the fine wine and spirits industry varies from jurisdiction to jurisdiction and state to state. In any jurisdictions or states in which the Company operates, it may be required to obtain licenses and permits to conduct business and will be subject to local laws and regulations, including, but not limited to, import and export regulations, laws and regulations involving sales, use, value-added and other indirect taxes. Claims arising out of actual or alleged violations of law could be asserted against the Company by individuals or governmental authorities and could expose the Company or each Series of Interests to significant damages or other penalties, including revocation or suspension of the licenses necessary to conduct business and fines.

We source, store, and manage our underlying assets across the world. We use third party providers to assist in sourcing, storage, and management of the underlying assets. We work with Bordeaux Index, and other partners to manage international wine and spirits sourcing, storage, and insurance. Bordeaux Index is a fully licensed wine & spirits company in the United States and United Kingdom. Bordeaux Index provides sourcing assistance, storage, and sales channels, thus eliminating the need international licenses. The Manager and Company have acquired all licenses required to operate in the United States, and maintain a storage relationship with licensed storage facilities in the United States.

The Manager and the Company have both received their Federal Basic Permit from the Alcohol and Tobacco Tax and Trade Bureau (TTB). This license allows the acquisition of wine at a commercial level and automatically renews annually. The Basic Permit allows the Manager and the Company to buy and sell wine at the wholesaler level. We may acquire state licensure, or sell our wine through registered brokers, merchants, or auction houses. Because the underlying assets are held as long term investments, neither the Manager nor the Company require or have obtained an Online Wine Retail License.

The Manager and the Company has an Online Retail License to sell spirits. The Manager has a relationship with international partners such as Bordeaux Index, Mark Littler LTD, and Octavian to manage investments in spirits. We may acquire additional state licensure, or sell our spirits through registered brokers, merchants, or auction houses.

**Legal Proceedings**

None of the Company, any Series, the Manager, our Series manager or any director or executive officer of the Manager is presently subject to any material legal proceedings.

**Allocations of Expenses**

To the extent relevant, Offering Expenses, Acquisition Expenses, Operating Expenses, revenue generated from underlying assets and any indemnification payments made by the Company will be allocated amongst the various interests in accordance with the Manager's allocation policy, a copy of which is available to investors upon written request to the Manager. The allocation policy requires the Manager to allocate items that are allocable to a specific Series to be borne by, or distributed to (as applicable), the applicable Series. If, however, an item is not allocable to a specific Series but to the Company in general, it will be allocated pro rata based on the value of underlying assets or the number of interests, as reasonably determined by the Manager or as otherwise set forth in the allocation policy. By way of example, as of the date hereof it is anticipated that revenues and expenses will be allocated as follows:

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| | | |
|:---|:---|:---|
| **Revenue or Expense Item** | **Details** | **Allocation Policy (if revenue or expense is not clearly allocable to a specific underlying asset)** |
| *Revenue* | Revenue from sale of an asset | Allocable pro rata to the value of each underlying asset |
| <br> *Offering Expenses* | <br> Filing expenses related to submission of regulatory paperwork for a Series | <br> Allocable pro rata to the number of underlying assets<br>*(Note – the Manager has agreed, for each current Series offering, to assume, and not be reimbursed for, offering expenses incurred by the Series).*<br>|
| <br> *Offering Expenses* | <br> Legal expenses related to the submission of regulatory paperwork for a Series<br>|  |
| <br> *Offering Expenses* | Audit and accounting work related to the regulatory paperwork or a Series |  |
| <br> *Offering Expenses* | <br> Escrow agent fees for the administration of escrow accounts related to the offering |  |
| <br> *Offering Expenses* | <br> Compliance work including diligence related to the preparation of a Series<br>|  |
| *Acquisition Expense* | Transportation of underlying asset as at time of acquisition | Allocable pro rata to the number of underlying assets |
| <br>*Operating Expenses*<br>*Indemnification Payments* | <br> Insurance of underlying asset as at time of acquisition<br>|  |
| <br>*Operating Expenses*<br>*Indemnification Payments* | Preparation of marketing materials |  |
| <br>*Operating Expenses*<br>*Indemnification Payments* | <br> Pre-purchase inspection |  |
| <br>*Operating Expenses*<br>*Indemnification Payments* | <br> Interest expense in the case an underlying asset was pre-purchased us prior to the closing of an offering through a loan<br>|  |
| <br>*Operating Expenses*<br>*Indemnification Payments* | Storage |  |
| <br>*Operating Expenses*<br>*Indemnification Payments* | <br> Security (e.g., surveillance and patrols) |  |
| <br>*Operating Expenses*<br>*Indemnification Payments* | <br> Custodial fees<br>|  |
| <br>*Operating Expenses*<br>*Indemnification Payments* | Appraisal and valuation fees<br>|  |
| <br>*Operating Expenses*<br>*Indemnification Payments* | Insurance | Allocable pro rata to the value of each underlying asset |
| <br>*Operating Expenses*<br>*Indemnification Payments* | Maintenance |  |
| <br>*Operating Expenses*<br>*Indemnification Payments* | <br> Ongoing reporting requirements (e.g. Reg A+ or Exchange Act reporting) |  |
| <br>*Operating Expenses*<br>*Indemnification Payments* | <br> Audit, accounting and bookkeeping related to the reporting requirements of the Series |  |
| <br>*Operating Expenses*<br>*Indemnification Payments* |  |  |
| <br>*Operating Expenses*<br>*Indemnification Payments* | Indemnification payments under the operating agreement | Allocable pro rata to the value of each underlying asset |

---

Notwithstanding the foregoing, the Manager may revise and update the allocation policy from time to time in its reasonable discretion without further notice to investors.

------

**Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations**

*The following discussion of our financial condition and results of operations for the fiscal years ended December 31, 2025 and 2024 should be read in conjunction with our audited financial statements and the related notes included in this Annual Report. The following discussion contains forward-looking statements that reflect our plans, estimates, and beliefs. Our actual results could differ materially from those discussed in the forward-looking statements.*

**Overview**

The Company was formed June 16, 2020 with the intention to acquire investment grade fine wine and spirits. We believe that these fine wine and spirits collections are highly stable assets with low historic volatility, and that low historic volatility does not limit the potential for upside returns in the fine wine market. Over the long term, fine wine has shown strong annual returns. For example, as per Cult Wines, the Liv-Ex 1000 has returned over 7% annually, on a rolling 10-year basis, with a volatility of 1.46%. Further, Forbes reports that "Fine Wine Investing Counters Volatility of 'Stock-Dominated' Portfolios", and the S&P Global Market Intelligence site has noted recently that "Fine wine is one of the few luxury goods that has withstood the severe hit to assets triggered by the coronavirus pandemic." As per the Frank Knight 2019 Wealth Report, a 580% rise over the past decade in Knight Frank's Rare Whisky 100 Index, new direct flights between Edinburgh and Beijing, 40% annual growth in sales of Scotch to India and China, and a new record sale price of £1.2 million for a single bottle.

Since its formation in June 2020, the Company, through its Manager, has been engaged primarily in acquiring a collection of investment grade fine wine and spirits, and developing the financial, offering and other materials to begin fundraising. We believe we are considered to be a development stage company, since we are devoting substantially all of our efforts to establishing our business and planned principal operations have only recently commenced.

To date, we have established over 94 Series that have acquired various investment grade fine wine and spirits, and have made a total of $356,787.83 in distributions to investors in our Series.

**Operating Results**

***Revenues***

***Operating Expenses***

Operating expenses are incurred at the Series level. From inception, the Company and the Series have financed their business activities through capital contributions from the Manager to the Company and the individual Series. The Company and each Series expect to continue to have access to ample capital financing from the Manager going forward. Until such time as the Series have the capacity to generate cash flows from operations, the Manager may cover any operating deficits through additional capital contributions or the issuance of additional Interests in any individual Series, as required.

Aggregate operating expenses incurred by each Series during the year ended December 31, 2025 were $64,800 as compared to $141,598 in total operating expenses for the year ended December 31, 2024. The decrease in operating expenses in 2025 compared to 2024 is the primarily the result of zero closed offerings during the year. During the year ended December 31, 2025, the Company did not authorize any new Series, and conducted zero (0) new Series offerings.

Operating expenses incurred by Series during the years ended December 31, 2025 and 2024 were comprised of the audit and tax, Sourcing Fees (and series interests issued to the Manager), and broker-dealer expenses paid to the Manager, as summarized in the tables below.

------

Operating results for the year ended December 31, 2025 were as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  | **Expenses** | **Expenses** | **Expenses** | **Expenses** |  |
| **Series** | **Revenue ($)** | **Cost of Goods Sold** | **Storage and Insurance ($)** | **Broker Dealer and Transfer Agent ($)** | **Audit and Tax ($)** | **Sourcing Fee ($)** | **Net Income / Loss ($)** |
| **VV-0001** | 0 | 0 | 0 | 238 | 408 | 0 | 685 |
| **VV-PNST** | 2354 | 2410 | 0 | 238 | 408 | 0 | -609 |
| **VV-STEML** | 35338 | 43625 | 0 | 238 | 414 | 0 | -9188 |
| **VV-SUPR** | 0 | 6764 | 0 | 238 | 423 | 0 | -7394 |
| **VV-CHAM** | 13209 | 9844 | 0 | 238 | 428 | 0 | 2119 |
| **VV-BDX** | 12495 | 21751 | 0 | 238 | 430 | 0 | -9889 |
| **VV-MACAL** | 0 | 0 | 0 | 238 | 430 | 0 | -559 |
| **VV-SPAN** | 8081 | 11874 | 0 | 238 | 428 | 0 | -4950 |
| **VV-BOWCK** | 0 | 0 | 0 | 238 | 446 | 0 | -441 |
| **VV-FUTUR** | 1120 | 990 | 0 | 238 | 477 | 0 | -439 |
| **VV-DRC** | 0 | 0 | 0 | 238 | 521 | 0 | -579 |
| **VV-NAPA** | 0 | 0 | 0 | 238 | 530 | 0 | -836 |
| **VV-RHONE** | 10824 | 28484 | 0 | 238 | 549 | 0 | -18569 |
| **VV-PTRS** | 0 | 0 | 0 | 238 | 332 | 0 | -537 |
| **VV-JPWY** | 0 | 0 | 0 | 238 | 608 | 0 | -598 |
| **VV-PDMT** | 33961 | 54702 | 0 | 238 | 551 | 0 | -21327 |
| **VV-BOD10** | 8067 | 12386 | 0 | 238 | 455 | 0 | -4994 |
| **VV-ROSE** | 5969 | 6559 | 0 | 238 | 353 | 0 | -1185 |
| **VV-GPS** | 0 | 0 | 0 | 238 | 507 | 0 | -576 |
| **VV-LAF10** | 38143 | 74799 | 0 | 238 | 493 | 0 | -37228 |
| **VV-JYFT** | 1686 | 1200 | 0 | 238 | 318 | 0 | -48 |
| **VV-MR19** | 13834 | 23035 | 0 | 238 | 330 | 0 | -9738 |
| **VV-BDMA** | 17890 | 16512 | 0 | 238 | 356 | 0 | 3 |
| **VV-DRCH** | 0 | 0 | 0 | 238 | 374 | 0 | -546 |
| **VV-MACAL50** | 0 | 0 | 0 | 238 | 482 | 0 | -570 |
| **VV-GERM** | 0 | 0 | 0 | 238 | 374 | 0 | -625 |
| **VV-LR15** | 0 | 0 | 0 | 238 | 404 | 0 | -553 |
| **VV-JSCV** | 8690 | 13150 | 0 | 238 | 388 | 0 | -5009 |
| **VV-SCRV** | 0 | 0 | 0 | 238 | 510 | 0 | -577 |
| **VV-CDCV** | 6332 | 12134 | 0 | 238 | 348 | 0 | -6374 |
| **VV-CB100** | 43117 | 43742 | 0 | 238 | 381 | 0 | -1172 |
| **VV-KGC1** | 0 | 0 | 0 | 238 | 412 | 0 | -555 |
| **VV-DRC15** | 0 | 0 | 0 | 238 | 414 | 0 | -555 |
| **VV-CHBL1** | 1544 | 3291 | 0 | 238 | 334 | 0 | -3773 |
| **VV-BDXM1** | 55639 | 51218 | 0 | 238 | 631 | 0 | 3643 |
| **VV-PFGV** | 41550 | 41819 | 0 | 238 | 425 | 0 | -1615 |
| **VV-WBURG** | 8060 | 11352 | 0 | 238 | 523 | 0 | -4433 |
| **VV-KGC2** | 18000 | 93309 | 0 | 238 | 558 | 0 | -75896 |
| **VV-MACAL2** | 0 | 0 | 0 | 238 | 465 | 0 | -566 |
| **VV-MVRW** | 55000 | 108243 | 0 | 238 | 552 | 0 | -53829 |
| **VV-DRCRC1** | 0 | 0 | 0 | 238 | 456 | 0 | -564 |
| **VV-CDVM** | 13484 | 32221 | 0 | 238 | 456 | 0 | -19302 |
| **VV-MACAL3** | 0 | 0 | 0 | 238 | 509 | 0 | -576 |
| **VV-POM1** | 0 | 0 | 0 | 238 | 474 | 0 | -750 |
| **VV-BXEP21** | 29546 | 33802 | 0 | 238 | 683 | 0 | -4980 |
| **VV-DRCH17** | 0 | 0 | 0 | 238 | 435 | 0 | -650 |
| **VV-MACFC** | 0 | 0 | 0 | 238 | 397 | 0 | -551 |
| **VV-BOW50** | 22000 | 37500 | 0 | 238 | 386 | 0 | -16049 |
| **VV-CCC1** | 14258 | 28196 | 0 | 238 | 433 | 0 | -14498 |

---

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **VV-TLC1** | 27679 | 28578 | 0 | 238 | 419 | 0 | -1455 |
| **VV-RTBC** | 0 | 0 | 0 | 238 | 460 | 0 | -565 |
| **VV-MARG1** | 53292 | 61653 | 0 | 238 | 453 | 0 | -8925 |
| **VV-SAIC** | 19415 | 17077 | 0 | 238 | 400 | 0 | 1556 |
| **VV-BDX2K** | 100427 | 115362 | 0 | 238 | 589 | 0 | -18272 |
| **VV-DRCH14** | 0 | 0 | 0 | 238 | 407 | 0 | -554 |
| **VV-HAWV** | 0 | 0 | 0 | 238 | 374 | 0 | -546 |
| **VV-MACAL4** | 22000 | 56216 | 0 | 238 | 421 | 0 | -34773 |
| **VV-LAF19** | 0 | 0 | 0 | 238 | 362 | 0 | -543 |
| **VV-KGC3** | 24000 | 78000 | 0 | 238 | 432 | 0 | -54559 |
| **VV-KGC4** | 20500 | 42250 | 0 | 238 | 393 | 0 | -22300 |
| **VV-DP08** | 55007 | 71996 | 0 | 238 | 430 | 0 | -17548 |
| **VV-DL19** | 11591 | 15912 | 0 | 238 | 391 | 0 | -4871 |
| **VV-DRC09** | 0 | 0 | 0 | 238 | 465 | 0 | -566 |
| **VV-ITRC** | 6933 | 11277 | 0 | 238 | 409 | 0 | -5250 |
| **VV-BOW2** | 27000 | 39172 | 0 | 238 | 379 | 0 | -12719 |
| **VV-KCSK** | 0 | 0 | 0 | 238 | 281 | 0 | -525 |
| **VV-YAM1** | 10000 | 25558 | 0 | 238 | 349 | 0 | -16099 |
| **VV-LBV1** | 60994 | 65568 | 0 | 238 | 460 | 0 | -5138 |
| **VV-SCC1** | 0 | 0 | 0 | 238 | 385 | 0 | -549 |
| **VV-GUGL1** | 4141 | 8141 | 0 | 238 | 388 | 0 | -4698 |
| **VV-DRCH19** | 0 | 0 | 0 | 238 | 620 | 0 | -601 |
| **VV-BOMA** | 7043 | 18966 | 0 | 238 | 404 | 0 | -12476 |
| **VV-KGC5** | 11300 | 45900 | 0 | 238 | 374 | 0 | -35146 |
| **VV-CHJC** | 25098 | 23029 | 0 | 238 | 402 | 0 | 1409 |
| **VV-HIB1** | 17000 | 52858 | 0 | 238 | 395 | 0 | -36409 |
| **VV-HBC1** | 28181 | 43660 | 0 | 238 | 495 | 0 | -16052 |
| **VV-LAT1** | 19106 | 18995 | 0 | 238 | 425 | 0 | -501 |
| **VV-SPAN2** | 26841 | 25974 | 0 | 238 | 407 | 0 | -126 |
| **VV-KGC6** | 24000 | 55000 | 0 | 238 | 395 | 0 | -31551 |
| **VV-SCC2** | 0 | 0 | 0 | 238 | 479 | 0 | -570 |
| **VV-GCW1** | 4464 | 5286 | 0 | 238 | 373 | 0 | -1660 |
| **VV-MACAL5** | 88000 | 173696 | 0 | 238 | 657 | 0 | -86305 |
| **VV-HCC1** | 0 | 0 | 0 | 238 | 488 | 0 | -571 |
| **VV-CALC1** | 37019 | 45253 | 0 | 238 | 456 | 0 | -8799 |
| **VV-MACAL6** | 38000 | 87120 | 0 | 238 | 479 | 0 | -49690 |
| **VV-RBV1** | 57946 | 58041 | 0 | 238 | 447 | 0 | -1241 |
| **VV-SUPR2** | 31450 | 34572 | 0 | 238 | 368 | 0 | -4025 |
| **VV-AMW1** | 59250 | 105806 | 0 | 238 | 509 | 0 | -47132 |
| **VV-JPNW** | 2500 | 4836 | 0 | 238 | 369 | 0 | -2881 |
| **VV-KKCSK** | 0 | 0 | 0 | 238 | 281 | 0 | -525 |
| **VV-RUM1** | 0 | 0 | 0 | 238 | 425 | 0 | -557 |
| **VV-HPHH** | 0 | 0 | 0 | 238 | 439 | 0 | -561 |
| **VV-RB22** | 0 | 0 | 0 | 238 | 379 | 0 | -547 |
| **VV-CHAM2** | 25415 | 39027 | 0 | 238 | 451 | 0 | -14175 |
| **VV-BURGS1** | 0 | 1034 | 0 | 238 | 456 | 0 | -1599 |
| **VV-CDP1** | 44230 | 35386 | 0 | 238 | 386 | 0 | 8093 |
| **TOTAL** | **1510013** | **2336114** | **0** | **22800** | **42000** | **0** | **-890901** |

---

------

Operating results for the year ended December 31, 2024 were as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  |  |  | **Expenses** | **Expenses** | **Expenses** | **Expenses** |  |
| **Series** | **Revenue ($)** | **Cost of Goods Sold** | **Storage and Insurance ($)** | **Broker Dealer ($)** | **Sourcing Fee ($)** | **Audit and Tax ($)** | **Net Income / Loss ($)** |
| VV-0001 | 0 | 0 | 0 | 0 | 0 | 3575 | -3575 |
| VV-PNST | 0 | 0 | 0 | 0 | 0 | 821 | -821 |
| VV-STEML | 4987 | 3386 | 0 | 0 | 0 | 862 | 739 |
| VV-SUPR | 0 | 0 | 0 | 0 | 0 | 1273 | -1273 |
| VV-CHAM | 8710 | 6058 | 0 | 0 | 0 | 4451 | -1799 |
| VV-BDX | 0 | 0 | 0 | 0 | 0 | 1465 | -1465 |
| VV-MACAL | 0 | 0 | 0 | 0 | 0 | 966 | -966 |
| VV-SPAN | 8064 | 5820 | 0 | 0 | 0 | 1199 | 1045 |
| VV-BOWCK | 0 | 0 | 0 | 0 | 0 | 11302 | -11302 |
| VV-FUTUR | 0 | 0 | 0 | 0 | 0 | 1273 | -1273 |
| VV-DRC | 0 | 0 | 0 | 0 | 0 | 1557 | -1557 |
| VV-NAPA | 0 | 0 | 0 | 0 | 0 | 1614 | -1614 |
| VV-RHONE | 4671 | 949 | 0 | 0 | 0 | 1739 | 1983 |
| VV-PTRS | 0 | 0 | 0 | 0 | 0 | 330 | -330 |
| VV-JPWY | 0 | 0 | 0 | 0 | 0 | 2125 | -2125 |
| VV-PDMT | 0 | 0 | 0 | 0 | 0 | 1756 | -1756 |
| VV-BOD10 | 1595 | 1067 | 0 | 0 | 0 | 1131 | -603 |
| VV-ROSE | 773 | 553 | 0 | 0 | 0 | 466 | -246 |
| VV-GPS | 0 | 0 | 0 | 0 | 0 | 1466 | -1466 |
| VV-LAF10 | 0 | 0 | 0 | 0 | 0 | 1375 | -1375 |
| VV-JYFT | 0 | 0 | 0 | 0 | 0 | 241 | -241 |
| VV-MR19 | 0 | 0 | 0 | 0 | 0 | 318 | -318 |
| VV-BDMA | 12006 | 9115 | 0 | 0 | 0 | 489 | 2403 |
| VV-DRCH | 0 | 0 | 0 | 0 | 0 | 602 | -602 |
| VV-MACAL50 | 0 | 0 | 0 | 0 | 0 | 1307 | -1307 |
| VV-GERM | 0 | 0 | 0 | 0 | 0 | 602 | -602 |
| VV-LR15 | 0 | 0 | 0 | 0 | 0 | 796 | -796 |
| VV-JSCV | 0 | 0 | 0 | 0 | 0 | 693 | -693 |
| VV-SCRV | 0 | 0 | 0 | 0 | 0 | 1489 | -1489 |
| VV-CDCV | 455 | 346 | 0 | 0 | 0 | 432 | -323 |
| VV-CB100 | 0 | 0 | 0 | 0 | 0 | 648 | -648 |
| VV-KGC1 | 0 | 0 | 0 | 0 | 0 | 852 | -852 |
| VV-DRC15 | 0 | 0 | 0 | 0 | 0 | 864 | -864 |
| VV-CHBL1 | 20561 | 14731 | 0 | 0 | 0 | 484 | 5346 |
| VV-BDXM1 | 2517 | 1678 | 0 | 0 | 0 | 2273 | -1434 |
| VV-PFGV | 11374 | 6353 | 0 | 0 | 0 | 932 | 4089 |
| VV-WBURG | 8098 | 5235 | 0 | 0 | 0 | 1568 | 1294 |
| VV-KGC2 | 0 | 0 | 0 | 0 | 0 | 1796 | -1796 |
| VV-MACAL2 | 0 | 0 | 0 | 0 | 0 | 1193 | -1193 |
| VV-MVRW | 0 | 0 | 0 | 0 | 0 | 1762 | -1762 |
| VV-DRCRC1 | 0 | 0 | 0 | 0 | 0 | 1137 | -1137 |
| VV-CDVM | 0 | 0 | 0 | 0 | 0 | 1137 | -1137 |
| VV-MACAL3 | 0 | 0 | 0 | 0 | 0 | 1477 | -1477 |
| VV-POM1 | 0 | 0 | 0 | 0 | 0 | 1481 | -1481 |
| VV-BXEP21 | 1575 | 1091 | 0 | 0 | 0 | 2614 | -2129 |
| VV-DRCH17 | 0 | 0 | 0 | 0 | 0 | 1000 | -1000 |
| VV-MACFC | 0 | 0 | 0 | 0 | 0 | 750 | -750 |
| VV-BOW50 | 0 | 0 | 0 | 0 | 0 | 682 | -682 |
| VV-CCC1 | 0 | 0 | 0 | 0 | 0 | 989 | -989 |
| VV-TLC1 | 0 | 0 | 0 | 0 | 0 | 898 | -898 |
| VV-RTBC | 0 | 0 | 0 | 0 | 0 | 1159 | -1159 |
| VV-MARG1 | 0 | 0 | 0 | 0 | 0 | 1114 | -1114 |
| VV-SAIC | 3310 | 1836 | 0 | 0 | 0 | 773 | 701 |
| VV-BDX2K | 39582 | 24470 | 0 | 0 | 0 | 2000 | 13112 |

---

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| VV-DRCH14 | 0 | 0 | 0 | 0 | 818 | -818 |
| VV-HAWV | 0 | 0 | 0 | 0 | 602 | -602 |
| VV-MACAL4 | 0 | 0 | 0 | 0 | 909 | -909 |
| VV-LAF19 | 0 | 0 | 0 | 0 | 523 | -523 |
| VV-KGC3 | 0 | 0 | 0 | 0 | 977 | -977 |
| VV-KGC4 | 0 | 0 | 0 | 0 | 727 | -727 |
| VV-DP08 | 0 | 0 | 0 | 0 | 966 | -966 |
| VV-DL19 | 0 | 0 | 0 | 0 | 716 | -716 |
| VV-DRC09 | 0 | 0 | 0 | 0 | 1193 | -1193 |
| VV-ITRC | 5075 | 3699 | 0 | 0 | 830 | 546 |
| VV-BOW2 | 0 | 0 | 0 | 0 | 636 | -636 |
| VV-KCSK | 0 | 0 | 0 | 0 | 0 | 0 |
| VV-YAM1 | 0 | 0 | 0 | 0 | 443 | -443 |
| VV-LBV1 | 0 | 0 | 0 | 0 | 1159 | -1159 |
| VV-SCC1 | 0 | 0 | 0 | 0 | 677 | -677 |
| VV-GUGL1 | 2148 | 1697 | 0 | 0 | 693 | -243 |
| VV-DRCH19 | 0 | 0 | 0 | 0 | 2205 | -2205 |
| VV-BOMA | 0 | 0 | 0 | 0 | 796 | -796 |
| VV-KGC5 | 0 | 0 | 0 | 0 | 602 | -602 |
| VV-CHJC | 1566 | 1147 | 0 | 0 | 784 | -365 |
| VV-HIB1 | 0 | 0 | 0 | 0 | 739 | -739 |
| VV-HBC1 | 0 | 0 | 0 | 0 | 1387 | -1387 |
| VV-LAT1 | 775 | 594 | 0 | 0 | 932 | -751 |
| VV-SPAN2 | 6328 | 4544 | 0 | 0 | 818 | 965 |
| VV-KGC6 | 0 | 0 | 0 | 0 | 739 | -739 |
| VV-SCC2 | 0 | 0 | 0 | 0 | 1284 | -1284 |
| VV-GCW1 | 4220 | 2993 | 0 | 0 | 597 | 630 |
| VV-MACAL5 | 0 | 0 | 0 | 0 | 2443 | -2443 |
| VV-HCC1 | 0 | 0 | 0 | 0 | 1341 | -1341 |
| VV-CALC1 | 0 | 0 | 0 | 0 | 1137 | -1137 |
| VV-MACAL6 | 0 | 0 | 0 | 0 | 1284 | -1284 |
| VV-RBV1 | 8421 | 4958 | 0 | 0 | 1080 | 2383 |
| VV-SUPR2 | 5164 | 3549 | 0 | 0 | 563 | 1052 |
| VV-AMW1 | 0 | 0 | 0 | 0 | 1477 | -1477 |
| VV-JPNW | 0 | 0 | 0 | 0 | 568 | -568 |
| VV-KKCSK | 0 | 0 | 0 | 0 | 0 | 0 |
| VV-RUM1 | 0 | 0 | 0 | 0 | 932 | -932 |
| VV-HPHH | 0 | 0 | 0 | 0 | 1023 | -1023 |
| VV-RB22 | 0 | 0 | 0 | 0 | 636 | -636 |
| VV-CHAM2 | 0 | 0 | 0 | 0 | 1102 | -1102 |
| VV-BURGS1 | 0 | 0 | 1000 | 13698 | 1137 | -15835 |
| VV-CDP1 | 2915 | 2075 | 600 | 10845 | 682 | -11288 |
| **TOTAL OPERATING RESULTS** | **164889** | **107945** | **1600** | **24543** | **115455** | **-84654** |

---

Each individual Series listed in the table below became responsible for its own operating expenses at the close of its respective offering. Pre-closing operating expenses of a Series were incurred on the books of the Company, and post-closing operating expenses of a Series were incurred and recorded on the books of the Series. Our Manager has agreed to pay and not be reimbursed for operating expenses incurred prior to the closing of each Series offering.

------

***Acquisition Expenses***

The following table summarizes the cost of collectible assets incurred by the Series which completed their offerings during the year ended December 31, 2025 and 2024, as applicable:

---

| | | |
|:---|:---|:---|
| **Acquisition Expenses** <br>**(Cost of Collectible Assets)** | **Year Ended December 31, 2025** | **Year Ended December 31, 2024** |
|  | **($)** | **($)** |
| VV-BXEP21 | $0  | $0  |
| VV-DRCH17 | $0  | $0  |
| VV-MACFC | $0  | $0  |
| VV-BOW50 | $0  | $0  |
| VV-CCC1 | $0  | $0  |
| VV-TLC1 | $0  | $0  |
| VV-RTBC | $0  | $0  |
| VV-MARG1 | $0  | $0  |
| VV-SAIC | $0  | $0  |
| VV-DRCH14 | $0  | $0  |
| VV-HAWV | $0  | $0  |
| VV-MACAL4 | $0  | $0  |
| VV-LAF19 | $0  | $0  |
| VV-KGC3 | $0  | $0  |
| VV-KGC4 | $0  | $0  |
| VV-DP08 | $0  | $0  |
| VV-DL19 | $0  | $0  |
| VV-DRC09 | $0  | $0  |
| VV-ITRC | $0  | $0  |
| VV-BOW2 | $0  | $0  |
| VV-KCSK | $0  | $0  |
| VV-YAM1 | $0  | $0  |
| VV-LBV1 | $0  | $0  |
| VV-SCC1 | $0  | $0  |
| VV-GULG1 | $0  | $0  |
| VV-DRCH19 | $0  | $0  |
| VV-BOMA | $0  | $0  |
| VV-KGC5 | $0  | $0  |
| VV-CHJC | $0  | $0  |
| VV-HIB1 | $0  | $0  |
| VV-HBC1 | $0  | $0  |
| VV-LAT1 | $0  | $0  |
| VV-SPAN2 | $0  | $0  |
| VV-KGC6 | $0  | $0  |
| VV-SCC2 | $0  | $0  |
| VV-GCW1 | $0  | $0  |
| VV-MACAL5 | $0  | $0  |
| VV-HCC1 | $0  | $0  |
| VV-CALC1 | $0  | $0  |
| VV-MACAL6 | $0  | $0  |
| VV-RBV1 | $0  | $0  |
| VV-SUPR2 | $0  | $0  |
| VV-AMW1 | $0  | $0  |
| VV-JPNW | $0  | $0  |
| VV-KKCSK | $0  | $0  |
| VV-RUM1 | $0  | $0  |
| VV-HPHH | $0  | $0  |

---

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---

| | | |
|:---|:---|:---|
| VV-RB22 | $0  | $0  |
| VV-CHAM2 | $0  | $0  |
| VV-BURGS1 | $0 | $83602  |
| VV-CDP1 | $0 | $47535  |

---

In total, for the year ended December 31, 2025, the Series reimbursed the Manager a total of $0, for the cost of the collectible assets held by the Series.

***Net Loss***

As a result of the foregoing, a total net loss of $890,901 was incurred during the year ended December 31, 2025 by all of the Series on a collective basis– a significant increase in net loss compared to a net loss of $84,654 for the year ended December 31, 2024.

**Liquidity and Capital Resources**

From inception, our Company and each Series have financed their business activities through capital contributions to the Company and individual Series from our Manager. Our Company and each Series expect to continue to have access to capital financing from our Manager going forward. However, there is no obligation or assurance that our Manager will provide such required capital. Until such time as the Series have the capacity to generate cash flows from operations, our Manager may cover any deficits through additional capital contributions or the issuance of additional interests in any individual Series. There can be no assurance that our Manager will continue to fund such expenses. These factors raise substantial doubt about our Company's ability to continue as a going concern for the twelve months following the date of this Annual Report.

Collectively, our Series had $1,596,549 in cash and cash equivalents as of December 31, 2025 to cover future operating expenses.

**Asset Liquidity**

We intend to hold and manage all of the assets marketed on the Vint Platform for an average of one to ten years. Until such that time the Series assets are liquidated (i.e. by being sold), liquidity for investors would only be obtained by transferring their interests in a Series (although a secondary market does not currently exist and there can be no guarantee that a secondary market for any Series of interests will ever develop or that the appropriate registrations to permit secondary trading will ever be obtained).

Should an offer to liquidate a collection or an asset materialize and be in the best interest of the investors, as determined by our Series manager, our Series manager will consider the merits of such offers on a case-by-case basis and potentially sell the asset. Furthermore, should an asset become obsolete (e.g. lack investor demand for its interests) or suffer from a catastrophic event, our Series manager may choose to sell the asset. As a result of a sale under any circumstances, our Series manager would distribute the proceeds of such sale (together with any insurance proceeds in the case of a catastrophic event covered under the assets insurance contract) to the interest holders of the applicable Series (after payment of any accrued liabilities or debt, including but not limited to balances outstanding under any obligation to reimburse any Operating Expenses related to an asset or the Series at that time).

***Cash and Cash Equivalent Balances***

As of December 31, 2025, and 2024, our Company itself had no cash or cash equivalents. Cash is held at the Series level. On a total consolidated basis, as of December 31, 2025 the Series collectively had $1,596,549 in cash on hand, as compared to $225,686 in cash on hand as of December 31, 2024. The following table summarizes the cash and cash equivalents by Series as of December 31, 2025 and 2024:

---

| | | |
|:---|:---|:---|
|  | **Cash and Cash Equivalents**  | **Cash and Cash Equivalents as of**<br> **December 31, 2024** |
|  | **As of December 31, 2025** | ($) |
| **VV-0001** | 0  | -684.56 |
| **VV-PNST** | 2208  | 407.03 |
| **VV-STEML** | 39852  | 5414.43 |
| **VV-SUPR** | -5886  | 1507.91 |
| **VV-CHAM** | 22382  | 10419.92 |
| **VV-BDX** | 13418  | 1555.96 |
| **VV-MACAL** | -80  | 478.96 |
| **VV-SPAN** | 12601  | 9099.01 |

---

------

---

| | | |
|:---|:---|:---|
| **VV-BOWCK** | 0  | 440.63 |
| **VV-FUTUR** | 1182  | 631.11 |
| **VV-DRC** | 193  | 771.98 |
| **VV-NAPA** | 3652  | 4488.41 |
| **VV-RHONE** | 1344  | 5533.36 |
| **VV-PTRS** | -373  | 163.4 |
| **VV-JPWY** | 455  | 1053.72 |
| **VV-PDMT** | 34247  | 871.42 |
| **VV-BOD10** | 9548  | 2155.84 |
| **VV-ROSE** | 6378  | 1003.66 |
| **VV-GPS** | 151  | 726.90 |
| **VV-LAF10** | 36335  | 681.81 |
| **VV-JYFT** | 1271  | 119.32 |
| **VV-MR19** | 13455  | 157.77 |
| **VV-BDMA** | 27206  | 12248.36 |
| **VV-DRCH** | -247  | 298.65 |
| **VV-MACAL50** | 78  | 648.01 |
| **VV-GERM** | 818  | 1443.25 |
| **VV-LR15** | -158  | 394.44 |
| **VV-JSCV** | 8485  | 343.73 |
| **VV-SCRV** | 162  | 738.17 |
| **VV-CDCV** | 2972  | 669.05 |
| **VV-CB100** | 42891  | 321.19 |
| **VV-KGC1** | -131  | 423.61 |
| **VV-DRC15** | -127  | 428.26 |
| **VV-CHBL1** | 21190  | 21673.36 |
| **VV-BDXM1** | 58505  | 3644.12 |
| **VV-PFGV** | 51134  | 11835.19 |
| **VV-WBURG** | 15795  | 8875.45 |
| **VV-KGC2** | 18303  | 890.32 |
| **VV-MACAL2** | 25  | 591.66 |
| **VV-MVRW** | 55287  | 873.40 |
| **VV-DRCRC1** | -1  | 563.50 |
| **VV-CDVM** | 11485  | 563.50 |
| **VV-MACAL3** | 156  | 732.53 |
| **VV-POM1** | 5037  | 3248.26 |
| **VV-BXEP21** | 26098  | 2871.31 |
| **VV-DRCH17** | 1144  | 1793.64 |
| **VV-MACFC** | -179  | 371.91 |
| **VV-BOW50** | 21789  | 338.08 |
| **VV-CCC1** | 6606  | 490.22 |
| **VV-TLC1** | 27568  | 445.16 |
| **VV-RTBC** | 10  | 574.77 |
| **VV-MARG1** | 51985  | 552.22 |
| **VV-SAIC** | 21834  | 3692.76 |
| **VV-BDX2K** | 137664  | 40574.09 |
| **VV-DRCH14** | -148  | 405.70 |
| **VV-HAWV** | -247  | 298.65 |
| **VV-MACAL4** | 21894  | 450.80 |
| **VV-LAF19** | -284  | 259.21 |
| **VV-KGC3** | 23926  | 484.59 |
| **VV-KGC4** | 20310  | 360.63 |
| **VV-DP08** | 54927  | 478.96 |
| **VV-DL19** | 11396  | 354.99 |
| **VV-DRC09** | 25  | 591.66 |

---

------

---

| | | |
|:---|:---|:---|
| **VV-ITRC** | 8742  | 5486.35 |
| **VV-BOW2** | 26768  | 315.56 |
| **VV-KCSK** | -525  | 0 |
| **VV-YAM1** | 9679  | 219.76 |
| **VV-LBV1** | 59847  | 574.77 |
| **VV-SCC1** | -214  | 334.45 |
| **VV-GUGL1** | 1187  | 2491.31 |
| **VV-DRCH19** | 492  | 1093.18 |
| **VV-BOMA** | 5777  | 394.44 |
| **VV-KGC5** | 11053  | 298.65 |
| **VV-CHJC** | 26392  | 1954.45 |
| **VV-HIB1** | 16815  | 366.27 |
| **VV-HBC1** | 25334  | 687.45 |
| **VV-LAT1** | 19742  | 1247.09 |
| **VV-SPAN2** | 29528  | 6733.75 |
| **VV-KGC6** | 23815  | 366.27 |
| **VV-SCC2** | 67  | 636.75 |
| **VV-GCW1** | 8140  | 4514.49 |
| **VV-MACAL5** | 88602  | 1211.18 |
| **VV-HCC1** | 93  | 664.91 |
| **VV-CALC1** | 37018  | 563.50 |
| **VV-MACAL6** | 38067  | 636.75 |
| **VV-RBV1** | 64424  | 8956.09 |
| **VV-SUPR2** | 35989  | 5441.92 |
| **VV-AMW1** | 59406  | 732.53 |
| **VV-JPNW** | 2237  | 281.74 |
| **VV-KKCSK** | -525  | 0 |
| **VV-RUM1** | -95  | 462.06 |
| **VV-HPHH** | -53  | 507.15 |
| **VV-RB22** | -232  | 315.56 |
| **VV-CHAM2** | 15768  | 546.58 |
| **VV-BURGS1** | -1035  | 563.5 |
| **VV-CDP1** | 46732  | 3252.62 |

---

Cash and cash equivalents held by these Series are generally used to cover operating expenses, storage, and insurance expenses.

***Series Distributions***

The Series pay distributions from the cash generated from sale of the collectible assets. During the years ended December 31, 2025 and 2024, the Series paid $0 in distributions. We anticipate distributions will be made during 2026 in accordance with the terms of the applicable Series Designation for Series that generated cash available for distribution during 2025 and 2024.

------

***Series Subscriptions***

The Company issues securities under its Regulation A offerings for the underlying Series to finance the acquisition of the assets. As of December 31, 2025, the following Series have issued the following interests and have received the following amounts in subscriptions.

---

| | | |
|:---|:---|:---|
| **Series** | **Weighted average membership interest (units)** | **Subscriptions ($)** |
| VV-PNST | 2000 | $46000  |
| VV-SUPR | 1986 | $71496  |
| VV-CHAM | 1460 | $73000  |
| VV-STEML | 6450 | $64500  |
| VV-MACAL | 1700 | $85000  |
| VV-BOWCK | 2000 | $94000  |
| VV-FUTUR | 1600 | $112000  |
| VV-BDX | 2125 | $85000  |
| VV-SPAN | 1400 | $84000  |
| VV-DRC | 5480 | $137000  |
| VV-NAPA | 2840 | $142000  |
| VV-RHONE | 3825 | $153000  |
| VV-PDMT | 3090 | $154500  |
| VV-JPWY | 5500 | $187000  |
| VV-PTRS | 500 | $29000  |
| VV-ROSE | 1000 | $41000  |
| VV-BOD10 | 1990 | $99500  |
| VV-WBURG | 4600 | $138000  |
| VV-GERM | 1000 | $53000  |
| VV-LAF10 | 1210 | $121000  |
| VV-MACAL50 | 5750 | $115000  |
| VV-JYFT | 800 | $24000  |
| VV-GPS | 3000 | $129000  |
| VV-BDMA | 860 | $43000  |
| VV-CDCV | 760 | $38000  |
| VV-DRCH | 530 | $53000  |
| VV-MR19 | 280 | $28000  |
| VV-SCRV | 1310 | $131000  |
| VV-BDXM1 | 4000 | $200000  |
| VV-CB100 | 570 | $57000  |
| VV-JSCV | 610 | $61000  |
| VV-KGC1 | 1500 | $75000  |
| VV-LR15 | 700 | $70000  |
| VV-PFGV | 1640 | $82000  |
| VV-BDX2K | 1760 | $176000  |
| VV-BXEP21 | 4600 | $230000  |
| VV-CDVM | 1000 | $100000  |
| VV-CHBL1 | 600 | $30000  |
| VV-DRC15 | 760 | $76000  |
| VV-DRCRC1 | 1000 | $100000  |
| VV-KGC2 | 1580 | $158000  |
| VV-MACAL2 | 1050 | $105000  |
| VV-MACAL3 | 1300 | $130000  |
| VV-MVRM | 3100 | $155000  |
| VV-POM1 | 1100 | $110000  |
| VV-BOW50 | 600 | $60000  |
| VV-CCC1 | 870 | $87000  |
| VV-DL19 | 630 | $63000  |
| VV-DRCH17 | 880 | $88000  |
| VV-HAWV | 1060 | $53000  |

---

------

---

| | | |
|:---|:---|:---|
| VV-LAF19 | 920 | $46000  |
| VV-MACFC | 1320 | $66000  |
| VV-MARG1 | 980 | $98000  |
| VV-RTBC | 1020 | $102000  |
| VV-SAIC | 680 | $68000  |
| VV-TLC1 | 790 | $79000  |
| VV-BOW2 | 1120 | $56000  |
| VV-DP08 | 1700 | $85000  |
| VV-DRC09 | 1050 | $105000  |
| VV-DRCH14 | 1440 | $72000  |
| VV-DRCH19 | 1940 | $194000  |
| VV-ITRC | 1460 | $73000  |
| VV-KCSK | 3150 | $315000  |
| VV-KGC3 | 860 | $86000  |
| VV-KGC4 | 1280 | $64000  |
| VV-MACAL4 | 800 | $80000  |
| VV-YAM1 | 780 | $39000  |
| VV-BOMA | 700 | $70000  |
| VV-CHJC | 690 | $69000  |
| VV-GUGL1 | 610 | $61000  |
| VV-HBC1 | 1220 | $122000  |
| VV-HIB1 | 650 | $65000  |
| VV-KGC5 | 530 | $53000  |
| VV-LAT1 | 820 | $82000  |
| VV-LBV1 | 1020 | $102000  |
| VV-RBV1 | 950 | $95000  |
| VV-SCC1 | 595 | $59500  |
| VV-SPAN2 | 720 | $72000  |
| VV-KGC6 | 650 | $65000  |
| VV-AMW1 | 1300 | $130000  |
| VV-CALC1 | 1000 | $100000  |
| VV-CHAM2 | 970 | $97000  |
| VV-GCW1 | 525 | $52500  |
| VV-HCC1 | 1180 | $118000  |
| VV-MACAL5 | 2150 | $215000  |
| VV-MACAL6 | 1130 | $113000  |
| VV-PNTC1 | 690 | $69000  |
| VV-SCC2 | 1130 | $113000  |
| VV-SUPR2 | 495 | $49500  |
| VV-RB22 | 560 | $56000  |
| VV-KKCSK | 1250 | $125000  |
| VV-RUM1 | 820 | $82000  |
| VV-HPHH | 900 | $90000  |
| VV-JPNW | 500 | $50000  |
| VV-BURGS1 | 1000 | $100000  |
| VV-CDP1 | 600 | $60000  |

---

------

**Off-Balance Sheet Arrangements**

We did not have any off-balance sheet arrangements during the years ended December 31, 2025 and 2024, and we do not currently have, any off-balance sheet arrangements.

**Plan of Operations**

As of the date of this Annual Report, the Company has no open Series offerings.

The Company does not currently intend to launch any new Series. Instead, the Company plans to concentrate its resources and efforts on the active management of the existing Series and their underlying assets, which primarily consist of fine wine and rare spirits. The Company's management strategy will include maintaining optimal storage conditions, ensuring comprehensive insurance coverage, and conducting periodic reviews of the asset portfolio to monitor performance and identify opportunities for value enhancement.

A key component of the Company's operational focus will be the ongoing evaluation of market conditions to identify potential exit opportunities. The Company will seek to opportunistically monetize assets when market dynamics are favorable, with the objective of maximizing returns for Series investors. Exit strategies may include private sales, auctions, bulk portfolio sales, or other transaction structures deemed to be in the best interest of the Series and their investors.

The Company believes that by emphasizing proactive asset management and strategic exits rather than expanding through the launch of additional Series, it can better position the existing Series for long-term success and deliver improved outcomes for investors.

**Trend Information**

Subsequent to December 31, 2025, we have not launched offerings for any additional Series. We do not presently anticipate launching additional offerings of Series. As described above, the Company plans to concentrate its resources and efforts on the active management of the existing Series and their underlying assets, including ongoing evaluation of market conditions to identify potential exit opportunities. During the year ended December 31, 2025, fifty-nine (59) Series of our Company generated a combined total revenues of $1,510,013 from the partial sale of underlying assets in the Series.

**Item 3. Directors and Officers**

**The Manager**

The Manager of the Company is VinVesto, Inc., a Delaware corporation formed on June 16, 2020. The Company operates under the direction of the Manager, which is responsible for directing the operations of our business, directing our day-to-day affairs, and implementing our investment strategy. The Manager has established a Board of Directors and an Advisory Board that will make decisions with respect to all asset acquisitions and dispositions. The Manager and its officers and directors are not required to devote all of their time to our business and are only required to devote such time to our affairs as their duties require. The Manager is responsible for determining maintenance required in order to maintain or improve the asset's quality, determining how to monetize the Series and other underlying assets, and evaluating potential sale offers, which may lead to the liquidation of the Series or other Series as the case may be. The Company will follow guidelines adopted by the Manager and implement policies set forth in the operating agreement unless otherwise modified by the Manager. The Manager may establish further written policies and will monitor our administrative procedures, investment operations and performance to ensure that the policies are fulfilled. The Manager may change our objectives at any time without approval of our Members.

The Manager performs its duties and responsibilities pursuant to our operating agreement. The Manager maintains a contractual, as opposed to a fiduciary relationship, with us and our Members. Furthermore, we have agreed to limit the liability of the Manager and to indemnify the Manager against certain liabilities.

***Responsibilities of the Manager***

The responsibilities of the Manager include: Asset Sourcing, Acquisition, and Disposition Services:

-Together with members of the Advisory Board, define and oversee the overall Underlying Asset sourcing and disposition strategy;

-Manage the Company's asset sourcing activities, including creating the asset acquisition policy, organizing and evaluating due diligence for specific asset acquisition opportunities, and structuring partnerships with collectors and brokers who may provide opportunities to source quality assets;

-Negotiate and structure the terms and conditions of acquisitions of assets with Asset Sellers, and associated brokers;

------

-Evaluate any potential asset takeover offers from third parties, which may result in asset dispositions, sales or other liquidity transactions;

-Structure and negotiate the terms and conditions of transactions pursuant to which Underlying Assets may be sold or otherwise disposed;

-The Manager will acquire the wines or spirits from the Asset Seller and will be compensated by the Company with the cash raised from the completed offering. Services in Connection with an Offering:

-Create and manage all Series of interest for offerings related to Underlying Assets on the Vint Platform;

-Develop offering materials, including the determination of its specific terms and structure and description of the Underlying Assets;

-Create and submit all necessary regulatory filings including, but not limited to, Commission filings and financial audits and coordinate with lawyers, accountants and escrow agents as necessary in such processes;

-Prepare all marketing materials related to offerings and obtain approval for such materials;

-Coordinate the receipt, collection, processing and acceptance of subscription agreements and other administrative support functions;

-Create and implement various technology services, transactional services, and electronic communications related to any offerings;

-All other necessary offering related services;

***Asset Monetization Services***

-Create and manage all revenue

-generating events and determine participation in such programs by any underlying assets;

-evaluate and enter into service provider contracts related to the operation of revenue-generating events;

-allocate revenues and costs related to revenue-generating events to the appropriate Series in accordance with our allocation policy;

-approve potential joint ventures, limited partnerships and other such relationships with third parties related to asset monetization and revenue-generating events;

***Interest Holder Relationship Services***

-Provide any appropriate updates related to underlying assets or offerings electronically or through the Vint Platform;

-Manage communications with Members, including answering emails, preparing and sending written and electronic reports and other communications;

-Establish technology infrastructure to assist in providing support and services to our investors;

-Administrative Services:

-Manage and perform the various administrative functions necessary for our day-to-day operations;

-Provide financial and operational planning services and collection management functions including determination, administration and servicing of any Operating Expenses Reimbursement Obligation made to the Company or any Series by the Manager to cover any Operating Expense shortfalls;

-Administer the potential issuance of additional Interests to cover any potential Operating Expense shortfalls;

-Maintain accounting data and any other information concerning our activities as will be required to prepare and to file all periodic financial reports and required to be filed with the Commission and any other regulatory agency, including annual and semi-annual financial statements;

-Maintain all appropriate books and records for the Company and all the Series of Interests;

-Obtain and update market research and economic and statistical data in connection with the underlying assets and the general fine wine and spirits market;

-Oversee tax and compliance services and risk management services and coordinate with appropriate third parties, including independent accountants and other consultants, on related tax matters;

-Supervise the performance of such ministerial and administrative functions as may be necessary in connection with our daily operations;

-Provide all necessary cash management services;

-Manage and coordinate with the transfer agent, if any, the process of making distributions and payments to Members or the transfer or re-sale of securities as may be permitted by law;

-Evaluate and obtain adequate insurance coverage for the underlying assets based upon risk management determinations;

-Provide timely updates related to the overall regulatory environment affecting the Company, as well as managing compliance with regulatory matters;

-Evaluate our corporate governance structure and appropriate policies and procedures related thereto and

-Oversee all reporting, record keeping, internal controls and similar matters in a manner to allow us to comply with applicable law.

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**Directors, Executive Officers and Key Employees of our Manager**

The following table sets forth the name and position of each of the current executive officers, and directors of the Manager.

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| | | | | |
|:---|:---|:---|:---|:---|
| **Name** | **Position** | **Age** | **Term of Office (Beginning)** | **Approximate hours per week for part-time employees** |
| Nicholas King | Chief Executive Officer & <br> Director of Manager | 28 | June 2020-Present | N/A |
| Patrick Sanders | Chief Technology Officer & <br> Director of Manager | 29 | June 2020-Present | N/A |

---

***Nicholas King***. Mr. King has been CEO of Vint since its founding in June 2020. He has performed extensive primary and secondary research on the fine wine and spirits investment market. As CEO of Vint, Mr. King's role consists of marketing, fundraising, and asset acquisition strategies.

While CEO of Vint, Mr. King was also an Associate Analyst with TSW. TSW is a value investment firm with over 75 employees. With TSW, Mr. King was responsible for investment due diligence, investment analysis, and research. Nick was not in a supervisory position. The skills gained at this role has equipped him with strong analytical skills, the ability to source investment opportunities, and the foundation to a strong value investing framework. Mr. King's role with TSW began July 1, 2019, and ended March 12th, 2021. Mr. King passed the Chartered Financial Analyst Level 1 exam in December 2019.

Prior to the associate analyst role with TSW, Mr. King held positions at a Taylor Hoffman wealth management group (May 2018-August 2018), Slice Capital crowdfunding startup] from February 2018 to May 2018, and K&A Affiliates search fund] from October 2017 to January 2018.

Mr. King is a graduate from the University of Virginia with a degree in Financial Economics.

***Patrick Sanders***. Mr. Sanders was an Associate Data Engineer with Capital One from August 2019 to December 2020. Prior to Capital One, Mr. Sanders was a Software Engineer intern at Carmax from May 2018 to August 2018. Mr. Sanders has a BS in Computer Science and Mathematics from the University of Virginia.

**Advisory Board**

The Company has an Advisory Board which will assist our Manager and Series manager. Our Advisory Board includes the following persons:

***Miles Davis, Advisor***

Miles Davis, Advisor at Vint. Miles has over 15 years of experience in the fine wine market. Currently, he works at Wine Owners, one of the leading wine cellar management and marketplace companies (Jan 2019-Present). Prior to Wine Owners, Miles founded WAM Capital, focused on private company fundraising (Jan 2015-Present). Most notably, he was one of two partners at Wine Asset Managers LLP, jointly responsible for managing The Fine Wine Fund and The Fine Wine Investment Fund, from August 2006 - December 2016. Miles has experience managing nearly $30 million worth of fine wine. Miles is one of a very few individuals to manage a fine wine fund and provides Vint with a strong perspective on the global fine wine market.

***Kevin Sidders, Advisor***

Kevin is the President of Vinconnect (January 2011-Present). VinConnect enables US customers to buy hard-to-find wines directly from 40+ of the world's top estates in France, Italy, Germany, Spain and beyond, before they are generally available in the US market. Kevin has strong domain expertise in both domestic and international wines. His specialties include international wine commerce, logistics, importing, direct-to-consumer sales, entrepreneurship, capital raising, mergers and acquisitions, and financial advisory. Kevin serves in a wine advisory role by assisting in asset acquisition and sourcing.

***Amy Christine MW, Advisor***

Amy is currently a sales rep at Kermit Lynch Wine Merchants (2012-Present). Amy is also the owner of her winery, Holus Bolus Winery (2005-Present). Amy provides wine advisory capacity to the Company and Manager. Amy offers sourcing and liquidation advice. She is one of 408 MWs in the world.

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***Responsibilities of the Advisory Board***

The Advisory Board will support the Company, our Series manager and the Manager and consists of advisors to the Manager. It is anticipated that the Advisory Board will review our relationship with, and the performance of, the Manager, and generally approve the terms of any material or related-party transactions. In addition, it is anticipated that the Advisory Board will be responsible for the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·approving, permitting deviations from, making changes to, and annually reviewing the asset acquisition policy;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·evaluating all asset acquisitions;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·evaluating any third party offers for asset acquisitions and approving asset dispositions that are in the best interest of the Company and our interest holders;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·providing guidance with respect to the appropriate levels of insurance costs specific to each individual asset;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·reviewing material conflicts of interest that arise, or are reasonably likely to arise with the managing member, on the one hand, and the Company, a Series or the other members, on the other hand, or the Company or a Series, on the one hand, and another Series, on the other hand;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·approving any material transaction between the Company or a Series, on the one hand, and the Manager or any of its affiliates, another Series or an interest holder, on the other hand, other than for the purchase of interests;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·reviewing the total fees, expenses, assets, revenues, and availability of funds for distributions to our interest holders at least annually or with sufficient frequency to determine that the expenses incurred are reasonable in light of the investment performance of the assets, and that funds available for distributions to interest holders are in accordance with our policies; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;·approving any service providers appointed by the Manager in respect of the underlying assets.

The resolution of any conflict of interest approved by the Advisory Board shall be conclusively deemed fair and reasonable to the Company and its interest holders and not a breach of any duty at law, in equity or otherwise. The members of the Advisory Board will not be managers or officers of the Company or any Series and will not have fiduciary or other duties to the interest holders of any Series.

***Compensation of the Advisory Board***

The Manager will compensate the Advisory Board or their nominees (as so directed by an Advisory Board member) for their service by issuing to them equity compensation in the Manager subject to traditional vesting terms. As such, it is anticipated that the members of the Advisory Board will be compensated by the Manager and that their costs will not be borne by any given Series, although members of the Advisory Board may be reimbursed by a Series for out-of-pocket expenses incurred by such Advisory Board member in connection with services performed for that Series (e.g. travel related to evaluation of an asset).

**Compensation of Executive Officers**

We do not currently have any employees nor do we currently intend to hire any employees who will be compensated directly by the Company. Each of the executive officers of the Manager manage our day-to-day affairs, oversee the review, selection and recommendation of investment opportunities, service acquired investments and monitor the performance of these investments to ensure that they are consistent with our investment objectives. Each of these individuals receives compensation for his or her services, including services performed for us on behalf of the Manager, from the Manager. Although we will indirectly bear some of the costs of the compensation paid to these individuals, through fees we pay to the Manager, we do not intend to pay any compensation directly to these individuals.

**Compensation of Manager**

The Manager, in its capacity as our Series manager, receives a Sourcing Fee (unless waived by the Manager). Neither the Manager nor its affiliates will receive any selling commissions or dealer manager fees in connection with any offering. In addition, the Manager may receive interests in each Series as compensation for its management of such Series. See "Item 4. Security Ownership of Management and Certain Securityholders" below for information on the Series interests our Manager has received as compensation.

During the year ended December 31, 2024, the Manager received certain Sourcing Fees of $24,543.00.

During the year ended December 31, 2025, the Manager received certain Sourcing Fees of $0.

------

**Item 4. Security Ownership of Management and Certain Securityholders** 

VinVesto Inc., our Manager, is the sole owner of interests of the Company directly (other than interests issued in a particular Series).

The Manager has been issued interests in Series of our Company.

As of March 30, 2026, our Manager owns the following interests in our Series:

---

| | | |
|:---|:---|:---|
| **Series Name** | **Number of Interests Owned** <br>**by our Manager (1)(2)** | **Percentage of Series (3)** |
| Series VV-0001 | 42 | 4.20% |
| Series VV-PNST | 210 | 10.50% |
| Series VV-SUPR | 12 | 0.60% |
| Series VV-CHAM | 44 | 0.30% |
| Series VV-STEML | 517 | 8.00% |
| Series VV-MACAL | 56 | 3.30% |
| Series VV-BOWCK | 395 | 19.80% |
| Series VV-FUTUR | 154 | 9.60% |
| Series VV-BDX | 13 | 0.70% |
| Series VV-SPAN | 275 | 19.60% |
| Series VV-DRC | 202 | 3.70% |
| Series VV-NAPA | 296 | 10.40% |
| Series VV-RHONE | 130 | 3.40% |
| Series VV-PDMT | 342 | 11.10% |
| Series VV-JPWY | 69 | 1.30% |
| Series VV-PTRS | 5 | 1.00% |
| Series VV-ROSE | 34 | 3.40% |
| Series VV-BOD10 | 171 | 8.60% |
| Series VV-WBURG | 142 | 3.10% |
| Series VV-GERM | 91 | 9.10% |
| Series VV-LAF10 | 18 | 1.50% |
| Series VV-MACAL50 | 29 | 0.50% |
| Series VV-JYFT | 34 | 4.30% |
| Series VV-GPS | 36 | 1.20% |
| Series VV-BDMA | 19 | 2.20% |
| Series VV-CDCV | 16 | 2.10% |
| Series VV-DRCH | 3 | 0.60% |
| Series VV-MR19 | 5 | 1.80% |
| Series VV-SCRV | 7 | 0.50% |
| Series VV-BDXM1 | 63 | 1.60% |
| Series VV-CB100 | 3 | 0.50% |
| Series VV-JSCV | 10 | 1.60% |
| Series VV-KGC1 | 18 | 1.20% |
| Series VV-LR15 | 4 | 0.60% |
| Series VV-PFGV | 5 | 0.60% |
| Series VV-BDX2K | 21 | 1.20% |
| Series VV-BXEP21 | 58 | 1.30% |
| Series VV-CDVM | 22 | 2.20% |
| Series VV-CHBL1 | 3 | 0.50% |
| Series VV-DRC15 | 7 | 0.90% |
| Series VV-DRCRC1 | 5 | 0.50% |
| Series VV-KGC2 | 9 | 0.60% |
| Series VV-MACAL2 | 6 | 0.60% |
| Series VV-MACAL3 | 15 | 1.20% |
| Series VV-MVRW | 16 | 0.50% |
| Series VV-POM1 | 10 | 0.90% |
| Series VV-BOW50 | 4 | 0.70% |

---

------

---

| | | |
|:---|:---|:---|
| Series VV-CCC1 | 5 | 0.60% |
| Series VV-DL19 | 15 | 2.40% |
| Series VV-DRCH17 | 6 | 0.70% |
| Series VV-HAWV | 8 | 0.80% |
| Series VV-LAF19 | 5 | 0.50% |
| Series VV-MACFC | 11 | 0.80% |
| Series VV-MARG1 | 6 | 0.60% |
| Series VV-RTBC | 11 | 1.10% |
| Series VV-SAIC | 4 | 0.60% |
| Series VV-TLC1 | 7 | 0.90% |
| Series VV-BOW2 | 6 | 1.10% |
| Series VV-DP08 | 13 | 0.80% |
| Series VV-DRC09 | 9 | 0.90% |
| Series VV-DRCH14 | 8 | 0.60% |
| Series VV-DRCH19 | 20 | 1.00% |
| Series VV-ITRC | 7 | 0.70% |
| Series VV-KCSK | 16 | 0.50% |
| Series VV-KGC3 | 11 | 1.30% |
| Series VV-KGC4 | 9 | 0.70% |
| Series VV-MACAL4 | 5 | 0.60% |
| Series VV-YAM1 | 5 | 0.50% |
| Series VV-BOMA | 6 | 0.90% |
| Series VV-CHJC | 5 | 0.70% |
| Series VV-GUGL1 | 6 | 1.00% |
| Series VV-HBC1 | 15 | 1.20% |
| Series VV-HIB1 | 4 | 0.60% |
| Series VV-KGC5 | 6 | 1.10% |
| Series VV-LAT1 | 5 | 0.60% |
| Series VV-LBV1 | 8 | 0.80% |
| Series VV-RBV1 | 5 | 0.50% |
| Series VV-SCC1 | 5 | 0.80% |
| Series VV-SPAN2 | 7 | 0.90% |
| Series VV-KGC6 | 4 | 0.60% |
| Series VV-AMW1 | 28 | 2.10% |
| Series VV-BURGS1 | 5 | 0.50% |
| Series VV-CALC1 | 6 | 0.60% |
| Series VV-CHAM2 | 5 | 0.51% |
| Series VV-GCW1 | 8 | 1.50% |
| Series VV-HCC1 | 12 | 1.00% |
| Series VV-MACAL5 | 11 | 0.50% |
| Series VV-MACAL6 | 9 | 0.80% |
| Series VV-SCC2 | 9 | 0.80% |
| Series VV-SUPR2 | 6 | 1.20% |
| Series VV-RB22 | 20 | 3.63% |
| Series VV-KKCSK | 6 | 0.50% |
| Series VV-CDP1 | 3 | 0.54% |
| Series VV-RUM1 | 15 | 1.80% |
| Series VV-HPHH | 10 | 1.11% |
| Series VV-JPNW | 3 | 0.60% |
| Series VV-BURGS1 | 5 | 0.50% |
| Series VV-CDP1 | 3 | 0.50% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)The address of the Manager is 1717 E Cary St, Richmond, VA 23223.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)Interests beneficially owned through ownership in Manager, which is majority owned by Nicholas King, who is deemed to have voting and dispositive power over the interests held by the Manager.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)Assumes sale of minimum number of Series Interests

------

At the closing of each offering, the Manager or its affiliates purchase a minimum of 0.50% and up to a maximum of 19.99% of the interests sold in each offering for the same price as all other investors. The Manager may sell its interests from time to time after the closing of each offering in its sole discretion. The Manager has no present intention to sell its interests, and any future sales would be based upon the Manager's potential need for capital, market prices of the interests at the time of a proposed sale and other factors that a reasonable investor might consider in connection with the sale of securities similar to the interests.

**Item 5. Interest of Management and Others in Certain Transactions** 

Since our inception, the Company has not been a party to any transaction in which the amount involved exceeded or exceeds the lesser of $120,000 and one percent of the average of our total assets at year-end for the last two completed fiscal years, and in which any related person had or will have a direct or indirect material interest (other than compensation described under "Compensation of Directors and Executive Officers").

**Item 6. Other Information**

None.

**Item 7. Financial Statements**

------

**VV Markets, LLC**

**and Series**

 

*(a Delaware series limited liability company)*

 

 

**Audited Financial Statements**

For the years ended December 31, 2025 and 2024

------

**INDEX TO AUDITED FINANCIAL STATEMENTS**

---

| | |
|:---|:---|
|  | **Page** |
| [Independent Auditor's Report](#report) | F-2 |
| [Consolidated Balance Sheet as of December 31, 2024 and 20233](#bs) | F-4 |
| [Consolidated Statement of Operations for the calendar years ended December 31, 2024 and 2023](#sop) | F-5 |
| [Consolidated Statement of Members' Equity for the calendar years ended December 31, 2024 and 2023](#sms) | F-6 |
| [Consolidated Statement of Cash Flows for the calendar years ended December 31, 2024 and 2023](#soc) | F-7 |
| [Series-Basis Balance Sheet as of December 31, 2024 and 2023](#bs1) | F-20 |
| [Series-Basis Statement of Operations for the calendar years ended December 31, 2024 and 2023](#sop1) | F-44 |
| [Series-Basis Statement of Members' Equity for the calendar years ended December 31, 2024 and 2023](#sms1) | F-56 |
| [Series-Basis Statement of Cash Flows for the calendar years ended December 31, 2024 and 2023](#soc1) | F-72 |
| [Notes to the Financial Statements](#note) | F-85 |

---

------

![](vvml1k_1.jpg)

**INDEPENDENT AUDITOR'S REPORT**

To: Board of Managers, VV MARKETS LLC

We have audited the accompanying consolidated and consolidating financial statements of VV MARKETS LLC AND SERIES (a series limited liability company organized Delaware) (the "Company"), which comprise the consolidated and consolidating balance sheets as of December 31, 2025 and 2024, and the related consolidated and consolidating statements of income, members' equity/deficit, and cash flows for the calendar year periods thus ended, and the related notes to the financial statements.

**Management's Responsibility for the Financial Statements**

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

**Auditor's Responsibility**

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit of the Company's financial statements in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion.

An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

**Opinion**

In our opinion, the financial statements referred to above present fairly, in all material respects, the consolidated and consolidating financial position of the Company as of December 31, 2025 and 2024, and the consolidated and consolidating results of its operations, shareholders' equity/deficit and cash flows for the calendar year periods thus ended in accordance with accounting principles generally accepted in the United States of America.

------

**Going Concern**

The accompanying consolidated and consolidating financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in the Notes to the consolidated and consolidating financial statements, the Company has suffered recurring losses from operations and has a net capital deficiency that raise substantial doubt about its ability to continue as a going concern. Management's evaluation of the events and conditions and management's plans regarding these matters are also described in the Notes to the financial statements. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. Our opinion is not modified with respect to this matter.

Sincerely,

![](vvml1k_2.jpg)IndigoSpire CPA, PC

IndigoSpire CPA, PC

San José, CA

April 1, 2026

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **CONSOLIDATED BALANCE SHEET** |
| **As of December 31, 2025 and 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | |
|:---|:---|:---|
|  | **2025** | **2024** |
| **ASSETS** |  |  |
| Current Assets: |  |  |
| &nbsp;&nbsp;&nbsp;Cash and cash equivalents | $1596549  | $225686  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Current Assets | 1596549  | 225686  |
| Collectible assets | 4910119  | 7169342  |
| TOTAL ASSETS | $6506667  | $7395029  |
| **LIABILITIES AND MEMBERS' EQUITY** |  |  |
| Liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;Current Liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Advances from manager | $0  | $0  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Asset purchase payable | 0  | 0  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total Current Liabilities | 0  | 0  |
| &nbsp;&nbsp;&nbsp;Non-current Liabilities: |  |  |
|  | 0  | 0  |
| TOTAL LIABILITIES | 0  | 0  |
| Members' Equity: |  |  |
| &nbsp;&nbsp;&nbsp;Membership interest | 8937500  | 8937500  |
| &nbsp;&nbsp;&nbsp;Membership distributions  | (359712)  | (362252)  |
| &nbsp;&nbsp;&nbsp;Retained earnings/(deficit), net of distributions | (1180220)  | (1095566)  |
| &nbsp;&nbsp;&nbsp;Net Income | (890901)  | ($84654)  |
| Total Members' Equity | 6506667  | 7395029  |
| TOTAL LIABILITIES AND MEMBER'S EQUITY | $6506667  | $7395029  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **CONSOLIDATED STATEMENT OF OPERATIONS** |
| **For the calendar year ended December 31, 2025, and the calendar year ended December 31, 2024**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | |
|:---|:---|:---|
|  | **2025** | **2024** |
| Revenues | $1510013  | 164889  |
| Cost of revenues | 2336114  | 107945  |
| &nbsp;&nbsp;&nbsp;Gross Profit (Loss) | (826101)  | 56944  |
| Operating Expenses: |  |  |
| &nbsp;&nbsp;&nbsp;General and administrative | 64800  | 141598  |
| Operating Income/(Loss) | (890901)  | ($84654)  |
| Provision for Income Taxes | 0  | 0  |
| Net Income | $(890901)  | ($84654)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **CONSOLIDATED STATEMENT OF MEMBERS' EQUITY** |
| **For the calendar years ended December 31, 2025 and 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Membership Interest** | **Membership subscriptions receivable** | **Retained Earnings / (Deficit)** | **Total Members' Equity** |
| **Balance as of January 1, 2024** | **$** **8777500**  | **$** **(361082)**  | **$** **(1095566)**  | **$** **7320852**  |
| Series subscriptions | 160000  |  |  | 160000  |
| Membership subscriptions receivable |  | (1170)  |  | (1170)  |
| Net (loss) |  |  | (84654)  | (84654)  |
| **Balance as of December 31, 2024** | $8937500  | $(362252)  | $(1180220)  | $7395029  |
| Series subscriptions | 0  |  |  | 0  |
| Membership distributions |  | 2540  |  | 2540  |
| Net (loss) |  |  | (890901)  | (890901)  |
| **Balance as of December 31, 2025** | $8937500  | $(359712)  | $(2071121)  | $6506667  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **CONSOLIDATED STATEMENT OF CASH FLOWS** |
| **For the calendar year ended December 31, 2025 and 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | |
|:---|:---|:---|
|  | **2025** | **2024** |
| **Cash Flows from Operating Activities** |  |  |
| &nbsp;&nbsp;&nbsp;Net Income | $(890901)  | $(84654)  |
| &nbsp;&nbsp;&nbsp;Adjustments to reconcile net loss to net cash used in operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Changes in operating assets and liabilities: |  |  |
|  |  | 0  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Cash Used in Operating Activities | $(890901)  | $(84654)  |
| **Cash Flows from Investing Activities** |  |  |
| &nbsp;&nbsp;&nbsp;Purchase of collectible assets | 2259224  | (23192)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Cash Used in Investing Activities | 2259224  | (23192)  |
| **Cash Flows from Financing Activities** |  |  |
| &nbsp;&nbsp;&nbsp;Advances from the manager | 0  | 0  |
| &nbsp;&nbsp;&nbsp;Proceeds from subscriptions | 0  | 159830  |
| &nbsp;&nbsp;&nbsp;Membership Distributions/Dividends | 2540  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Cash Provided by Financing Activities | 2540  | 159830  |
| Net Change In Cash and Cash Equivalents | 1376862  | 50984  |
| Cash and Cash Equivalents at Beginning of Period | $225686  | $174702  |
| Cash and Cash Equivalents at End of Period | $1596549  | $225686  |
| **Supplemental Disclosure of Cash Flow Information** |  |  |
| &nbsp;&nbsp;&nbsp;Cash paid for interest | $0  | $0  |
| &nbsp;&nbsp;&nbsp;Cash paid for income taxes | $0  | $0  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2025** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-0001** | **VV-PNST** | **VV-STEML** | **VV-SUPR** | **VV-CHAM** | **VV-BDX** | **VV-MACAL** | **VV-SPAN** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 0  | 2208  | 39852  | -5886  | 22382  | 13418  | -80  | 12601  |
| **Total Current Assets** | **0**  | **2208**  | **39852**  | **-5886**  | **22382**  | **13418**  | **-80**  | **12601**  |
| **Collectible Assets** | 0  | 37590  | 9789  | 47957  | 0  | 32084  | 75400  | 49757  |
| **TOTAL ASSETS** | **0**  | **39798**  | **49640**  | **42071**  | **22382**  | **45502**  | **75320**  | **62358**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 46000  | 46000  | 64500  | 71500  | 73000  | 85000  | 85000  | 84000  |
| **Membership Distributions/Dividends** | -53310  | 0  | 0  | -20920  | -63900  | -29624  | 0  | -14494  |
| **Retained Earnings** | 6625  | -5593  | -5672  | -1116  | 11164  | 15  | -9121  | -2198  |
| **Net Income** | -645  | -700  | -8939  | -7425  | 2701  | -9923  | -667  | -4459  |
| **Total Equity** | **-1330**  | **39707**  | **49890**  | **42040**  | **22964**  | **45468**  | **75212**  | **62848**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **-1330**  | **39707**  | **49890**  | **42040**  | **22964**  | **45468**  | **75212**  | **62848**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2025** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOWCK** | **VV-FUTUR** | **VV-DRC** | **VV-NAPA** | **VV-RHONE** | **VV-PTRS** | **VV-JPWY** | **VV-PDMT** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 0  | 1182  | 193  | 3652  | 1344  | -373  | 455  | 34247  |
| **Total Current Assets** | **0**  | **1182**  | **193**  | **3652**  | **1344**  | **-373**  | **455**  | **34247**  |
| **Collectible Assets** | 0  | 99264  | 121565  | 114427  | 120371  | 25893  | 165500  | 82398  |
| **TOTAL ASSETS** | **0**  | **100446**  | **121758**  | **118079**  | **121715**  | **25520**  | **165955**  | **116644**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 94000  | 112000  | 137000  | 142000  | 153000  | 29000  | 187000  | 154500  |
| **Membership Distributions/Dividends** | -120160  | 0  | 0  | -15812  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | 26601  | -11115  | -14663  | -7273  | -12716  | -2944  | -20446  | -16529  |
| **Net Income** | -683  | -584  | -758  | -767  | -18446  | -569  | -846  | -21530  |
| **Total Equity** | **-242**  | **100301**  | **121579**  | **118148**  | **121838**  | **25487**  | **165708**  | **116441**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **-242**  | **100301**  | **121579**  | **118148**  | **121838**  | **25487**  | **165708**  | **116441**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2025** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOD10** | **VV-ROSE** | **VV-GPS** | **VV-LAF10** | **VV-JYFT** | **VV-MR19** | **VV-BDMA** | **VV-DRCH** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 9548  | 6378  | 151  | 36335  | 1271  | 13455  | 27206  | -247  |
| **Total Current Assets** | **9548**  | **6378**  | **151**  | **36335**  | **1271**  | **13455**  | **27206**  | **-247**  |
| **Collectible Assets** | 74411  | 29210  | 106550  | 33546  | 18800  | 0  | 13326  | 46396  |
| **TOTAL ASSETS** | **83958**  | **35588**  | **106701**  | **69882**  | **20071**  | **13455**  | **40532**  | **46149**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 99500  | 41000  | 129000  | 121000  | 24000  | 28000  | 43000  | 53000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -10547  | -4227  | -21723  | -13890  | -3881  | -4807  | -2471  | -6305  |
| **Net Income** | -5012  | -1181  | -744  | -37386  | -70  | -9769  | 783  | -611  |
| **Total Equity** | **83941**  | **35593**  | **106533**  | **69724**  | **20049**  | **13424**  | **41312**  | **46083**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **83941**  | **35593**  | **106533**  | **69724**  | **20049**  | **13424**  | **41312**  | **46083**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2025** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL50** | **VV-GERM** | **VV-LR15** | **VV-JSCV** | **VV-SCRV** | **VV-CDCV** | **VV-CB100** | **VV-KGC1** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 78  | 818  | -158  | 8485  | 162  | 2972  | 42891  | -131  |
| **Total Current Assets** | **78**  | **818**  | **-158**  | **8485**  | **162**  | **2972**  | **42891**  | **-131**  |
| **Collectible Assets** | 102000  | 40151  | 55425  | 39524  | 116067  | 23819  | 5190  | 66022  |
| **TOTAL ASSETS** | **102078**  | **40969**  | **55267**  | **48008**  | **116229**  | **26792**  | **48081**  | **65891**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 115000  | 53000  | 70000  | 61000  | 131000  | 38000  | 57000  | 75000  |
| **Membership Distributions/Dividends** | 0  | -9428  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -12352  | -1977  | -14181  | -7982  | -14195  | -4835  | -7747  | -8554  |
| **Net Income** | -720  | -611  | -641  | -5086  | -748  | -6387  | -9048  | -650  |
| **Total Equity** | **101928**  | **40983**  | **55178**  | **47932**  | **116057**  | **26778**  | **40206**  | **65796**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **101928**  | **40983**  | **55178**  | **47932**  | **116057**  | **26778**  | **40206**  | **65796**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2025** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-DRC15** | **VV-CHBL1** | **VV-BDXM1** | **VV-PFGV** | **VV-WBURG** | **VV-KGC2** | **VV-MACAL2** | **VV-MVRW** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | -127  | 21190  | 58505  | 51134  | 15795  | 18303  | 25  | 55287  |
| **Total Current Assets** | **-127**  | **21190**  | **58505**  | **51134**  | **15795**  | **18303**  | **25**  | **55287**  |
| **Collectible Assets** | 67200  | 2952  | 114042  | 21083  | 105664  | 39437  | 89196  | 17935  |
| **TOTAL ASSETS** | **67073**  | **24142**  | **172546**  | **72217**  | **121459**  | **57741**  | **89221**  | **73223**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 76000  | 30000  | 200000  | 82000  | 138000  | 158000  | 105000  | 155000  |
| **Membership Distributions/Dividends** | 0  | -6115  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -8372  | 4030  | -31096  | -8168  | -12109  | -24364  | -15212  | -27949  |
| **Net Income** | -652  | -2317  | 3552  | -931  | -4052  | -76104  | -702  | -54032  |
| **Total Equity** | **66977**  | **25598**  | **172456**  | **72900**  | **121839**  | **57533**  | **89085**  | **73019**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **66977**  | **25598**  | **172456**  | **72900**  | **121839**  | **57533**  | **89085**  | **73019**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2025** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-DRCRC1** | **VV-CDVM** | **VV-MACAL3** | **VV-POM1** | **VV-BXEP21** | **VV-DRCH17** | **VV-MACFC** | **VV-BOW50** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | -1  | 11485  | 156  | 5037  | 26098  | 1144  | -179  | 21789  |
| **Total Current Assets** | **-1**  | **11485**  | **156**  | **5037**  | **26098**  | **1144**  | **-179**  | **21789**  |
| **Collectible Assets** | 88279  | 54060  | 106878  | 82365  | 163901  | 60643  | 54050  | 0  |
| **TOTAL ASSETS** | **88278**  | **65545**  | **107034**  | **87402**  | **189998**  | **61787**  | **53871**  | **21789**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 100000  | 100000  | 130000  | 110000  | 230000  | 88000  | 66000  | 60000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | -8637  | 0  | -17313  | 0  | 0  |
| **Retained Earnings** | -11158  | -15153  | -22389  | -13210  | -35021  | -8250  | -11578  | -22162  |
| **Net Income** | -694  | -19431  | -746  | -711  | -5177  | -673  | -634  | -16124  |
| **Total Equity** | **88149**  | **65416**  | **106864**  | **87442**  | **189802**  | **61764**  | **53788**  | **21714**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **88149**  | **65416**  | **106864**  | **87442**  | **189802**  | **61764**  | **53788**  | **21714**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2025** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-CCC1** | **VV-TLC1** | **VV-RTBC** | **VV-MARG1** | **VV-SAIC** | **VV-BDX2K** | **VV-DRCH14** | **VV-HAWV** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 6606  | 27568  | 10  | 51985  | 21834  | 137664  | -148  | -247  |
| **Total Current Assets** | **6606**  | **27568**  | **10**  | **51985**  | **21834**  | **137664**  | **-148**  | **-247**  |
| **Collectible Assets** | 51670  | 37292  | 84178  | 21364  | 33495  | 6558  | 63700  | 46650  |
| **TOTAL ASSETS** | **58276**  | **64860**  | **84188**  | **73349**  | **55329**  | **144222**  | **63552**  | **46403**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 87000  | 79000  | 102000  | 98000  | 68000  | 176000  | 72000  | 53000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -14227  | -12685  | -17247  | -15726  | -14227  | -13506  | -7894  | -6051  |
| **Net Income** | -14609  | -1556  | -697  | -9052  | 1700  | -15762  | -645  | -611  |
| **Total Equity** | **58164**  | **64759**  | **84056**  | **73222**  | **55473**  | **146732**  | **63461**  | **46337**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **58164**  | **64759**  | **84056**  | **73222**  | **55473**  | **146732**  | **63461**  | **46337**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2025** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL4** | **VV-LAF19** | **VV-KGC3** | **VV-KGC4** | **VV-DP08** | **VV-DL19** | **VV-DRC09** | **VV-ITRC** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 21894  | -284  | 23926  | 20310  | 54927  | 11396  | 25  | 8742  |
| **Total Current Assets** | **21894**  | **-284**  | **23926**  | **20310**  | **54927**  | **11396**  | **25**  | **8742**  |
| **Collectible Assets** | 0  | 37200  | 0  | 0  | 0  | 36720  | 90480  | 46571  |
| **TOTAL ASSETS** | **21894**  | **36916**  | **23926**  | **20310**  | **54927**  | **48116**  | **90505**  | **55313**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 80000  | 46000  | 86000  | 64000  | 85000  | 63000  | 105000  | 73000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -23333  | -8541  | -7515  | -21389  | -12525  | -10013  | -13928  | -12438  |
| **Net Income** | -34875  | -599  | -54669  | -22381  | -17656  | -4950  | -702  | -4990  |
| **Total Equity** | **21792**  | **36860**  | **23815**  | **20230**  | **54818**  | **48037**  | **90369**  | **55572**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **21792**  | **36860**  | **23815**  | **20230**  | **54818**  | **48037**  | **90369**  | **55572**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2025** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOW2** | **VV-KCSK** | **VV-YAM1** | **VV-LBV1** | **VV-SCC1** | **VV-GULG1** | **VV-DRCH19** | **VV-BOMA** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 26768  | -525  | 9679  | 59847  | -214  | 1187  | 492  | 5777  |
| **Total Current Assets** | **26768**  | **-525**  | **9679**  | **59847**  | **-214**  | **1187**  | **492**  | **5777**  |
| **Collectible Assets** | 0  | 258000  | 3896  | 20423  | 52172  | 45815  | 165806  | 44321  |
| **TOTAL ASSETS** | **26768**  | **257475**  | **13575**  | **80270**  | **51958**  | **47003**  | **166298**  | **50099**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 56000  | 315000  | 39000  | 102000  | 59500  | 61000  | 194000  | 70000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -16512  | -57000  | -9326  | -16591  | -6994  | -9300  | -27101  | -7426  |
| **Net Income** | -12789  | -519  | -16145  | -5270  | -623  | -4625  | -858  | -12564  |
| **Total Equity** | **26699**  | **257481**  | **13529**  | **80138**  | **51884**  | **47075**  | **166041**  | **50010**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **26699**  | **257481**  | **13529**  | **80138**  | **51884**  | **47075**  | **166041**  | **50010**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2025** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-KGC5** | **VV-CHJC** | **VV-HIB1** | **VV-HBC1** | **VV-LAT1** | **VV-SPAN2** | **VV-KGC6** | **VV-SCC2** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 11053  | 26392  | 16815  | 25334  | 19742  | 29528  | 23815  | 67  |
| **Total Current Assets** | **11053**  | **26392**  | **16815**  | **25334**  | **19742**  | **29528**  | **23815**  | **67**  |
| **Collectible Assets** | 0  | 35051  | 0  | 63421  | 51643  | 33700  | 0  | 96086  |
| **TOTAL ASSETS** | **11053**  | **61442**  | **16815**  | **88755**  | **71385**  | **63228**  | **23815**  | **96153**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 53000  | 69000  | 65000  | 122000  | 82000  | 72000  | 65000  | 113000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -6801  | -8966  | -11776  | -17193  | -10115  | -8647  | -9634  | -16277  |
| **Net Income** | -35211  | 1430  | -36490  | -16211  | -551  | 222  | -31632  | -716  |
| **Total Equity** | **10987**  | **61464**  | **16734**  | **88596**  | **71335**  | **63575**  | **23734**  | **96006**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **10987**  | **61464**  | **16734**  | **88596**  | **71335**  | **63575**  | **23734**  | **96006**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2025** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-GCW1** | **VV-MACAL5** | **VV-HCC1** | **VV-CALC1** | **VV-MACAL6** | **VV-RBV1** | **VV-SUPR2** | **VV-AMW1** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 8140  | 88602  | 93  | 37018  | 38067  | 64424  | 35989  | 59406  |
| **Total Current Assets** | **8140**  | **88602**  | **93**  | **37018**  | **38067**  | **64424**  | **35989**  | **59406**  |
| **Collectible Assets** | 36590  | 0  | 96000  | 41640  | 0  | 18302  | 4611  | 1320  |
| **TOTAL ASSETS** | **44730**  | **88602**  | **96093**  | **78657**  | **38067**  | **82726**  | **40600**  | **60726**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 52500  | 215000  | 118000  | 100000  | 113000  | 95000  | 49500  | 130000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -6110  | -40093  | -21335  | -12544  | -25243  | -11034  | -4875  | -22141  |
| **Net Income** | -1432  | -86591  | -725  | -8928  | -49836  | -780  | -3728  | -47302  |
| **Total Equity** | **44958**  | **88317**  | **95940**  | **78528**  | **37920**  | **83187**  | **40897**  | **60556**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **44958**  | **88317**  | **95940**  | **78528**  | **37920**  | **83187**  | **40897**  | **60556**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2025** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-JPNW** | **VV-KKCSK** | **VV-RUM1** | **VV-HPHH** | **VV-RB22** | **VV-CHAM2** | **VV-BURGS1** | **VV-CDP1** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 2237  | -525  | -95  | -53  | -232  | 15768  | -1035  | 46732  |
| **Total Current Assets** | **2237**  | **-525**  | **-95**  | **-53**  | **-232**  | **15768**  | **-1035**  | **46732**  |
| **Collectible Assets** | 36078  | 100000  | 65579  | 70500  | 47224  | 52271  | 83602  | 10074  |
| **TOTAL ASSETS** | **38315**  | **99475**  | **65484**  | **70447**  | **46992**  | **68038**  | **82567**  | **56805**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 50000  | 125000  | 82000  | 90000  | 56000  | 97000  | 100000  | 60000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -8804  | -25000  | -15959  | -18993  | -8460  | -14786  | -15835  | -11288  |
| **Net Income** | -2942  | -519  | -662  | -676  | -617  | -14300  | -1728  | 8220  |
| **Total Equity** | **38253**  | **99481**  | **65379**  | **70331**  | **46923**  | **67913**  | **82438**  | **56932**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **38253**  | **99481**  | **65379**  | **70331**  | **46923**  | **67913**  | **82438**  | **56932**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-0001** | **VV-PNST** | **VV-STEML** | **VV-SUPR** | **VV-CHAM** | **VV-BDX** | **VV-MACAL** | **VV-SPAN** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | -685  | 407  | 5414  | 1508  | 10420  | 1556  | 479  | 9099  |
| **Total Current Assets** | **-685**  | **407**  | **5414**  | **1508**  | **10420**  | **1556**  | **479**  | **9099**  |
| **Collectible Assets** | 0  | 40000  | 53414  | 47957  | 9844  | 53835  | 75400  | 58209  |
| **TOTAL ASSETS** | **-685**  | **40407**  | **58828**  | **49465**  | **20263**  | **55391**  | **75879**  | **67308**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 46000  | 46000  | 64500  | 71500  | 73000  | 85000  | 85000  | 84000  |
| **Membership Distributions/Dividends** | -53310  | 0  | 0  | -20920  | -63900  | -29624  | 0  | -14494  |
| **Retained Earnings** | 10200  | -4772  | -6411  | 157  | 12963  | 1480  | -8155  | -3243  |
| **Net Income** | -3575  | -821  | 739  | -1273  | -1799  | -1465  | -966  | 1045  |
| **Total Equity** | **-685**  | **40407**  | **58828**  | **49465**  | **20263**  | **55391**  | **75879**  | **67308**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **-685**  | **40407**  | **58828**  | **49465**  | **20263**  | **55391**  | **75879**  | **67308**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOWCK** | **VV-FUTUR** | **VV-DRC** | **VV-NAPA** | **VV-RHONE** | **VV-PTRS** | **VV-JPWY** | **VV-PDMT** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 441  | 631  | 772  | 4488  | 5533  | 163  | 1054  | 871  |
| **Total Current Assets** | **441**  | **631**  | **772**  | **4488**  | **5533**  | **163**  | **1054**  | **871**  |
| **Collectible Assets** | 0  | 100254  | 121565  | 114427  | 134751  | 25893  | 165500  | 137100  |
| **TOTAL ASSETS** | **441**  | **100885**  | **122337**  | **118915**  | **140284**  | **26056**  | **166554**  | **137971**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 94000  | 112000  | 137000  | 142000  | 153000  | 29000  | 187000  | 154500  |
| **Membership Distributions/Dividends** | -120160  | 0  | 0  | -15812  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | 37903  | -9842  | -13106  | -5659  | -14699  | -2614  | -18321  | -14773  |
| **Net Income** | -11302  | -1273  | -1557  | -1614  | 1983  | -330  | -2125  | -1756  |
| **Total Equity** | **441**  | **100885**  | **122337**  | **118915**  | **140284**  | **26056**  | **166554**  | **137971**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **441**  | **100885**  | **122337**  | **118915**  | **140284**  | **26056**  | **166554**  | **137971**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOD10** | **VV-ROSE** | **VV-GPS** | **VV-LAF10** | **VV-JYFT** | **VV-MR19** | **VV-BDMA** | **VV-DRCH** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 2156  | 1004  | 727  | 682  | 119  | 158  | 12248  | 299  |
| **Total Current Assets** | **2156**  | **1004**  | **727**  | **682**  | **119**  | **158**  | **12248**  | **299**  |
| **Collectible Assets** | 86797  | 35769  | 106550  | 106428  | 20000  | 23035  | 28280  | 46396  |
| **TOTAL ASSETS** | **88953**  | **36773**  | **107277**  | **107110**  | **20119**  | **23193**  | **40529**  | **46695**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 99500  | 41000  | 129000  | 121000  | 24000  | 28000  | 43000  | 53000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -9944  | -3981  | -20257  | -12515  | -3640  | -4489  | -4874  | -5703  |
| **Net Income** | -603  | -246  | -1466  | -1375  | -241  | -318  | 2403  | -602  |
| **Total Equity** | **88953**  | **36773**  | **107277**  | **107110**  | **20119**  | **23193**  | **40529**  | **46695**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **88953**  | **36773**  | **107277**  | **107110**  | **20119**  | **23193**  | **40529**  | **46695**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL50** | **VV-GERM** | **VV-LR15** | **VV-JSCV** | **VV-SCRV** | **VV-CDCV** | **VV-CB100** | **VV-KGC1** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 648  | 1443  | 394  | 344  | 738  | 669  | 321  | 424  |
| **Total Current Assets** | **648**  | **1443**  | **394**  | **344**  | **738**  | **669**  | **321**  | **424**  |
| **Collectible Assets** | 102000  | 40151  | 55425  | 52674  | 116067  | 32496  | 48932  | 66022  |
| **TOTAL ASSETS** | **102648**  | **41594**  | **55819**  | **53018**  | **116805**  | **33165**  | **49253**  | **66446**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 115000  | 53000  | 70000  | 61000  | 131000  | 38000  | 57000  | 75000  |
| **Membership Distributions/Dividends** | 0  | -9428  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -11045  | -1375  | -13385  | -7289  | -12706  | -4512  | -7099  | -7702  |
| **Net Income** | -1307  | -602  | -796  | -693  | -1489  | -323  | -648  | -852  |
| **Total Equity** | **102648**  | **41594**  | **55819**  | **53018**  | **116805**  | **33165**  | **49253**  | **66446**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **102648**  | **41594**  | **55819**  | **53018**  | **116805**  | **33165**  | **49253**  | **66446**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-DRC15** | **VV-CHBL1** | **VV-BDXM1** | **VV-PFGV** | **VV-WBURG** | **VV-KGC2** | **VV-MACAL2** | **VV-MVRW** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 428  | 21673  | 3644  | 11835  | 8875  | 890  | 592  | 873  |
| **Total Current Assets** | **428**  | **21673**  | **3644**  | **11835**  | **8875**  | **890**  | **592**  | **873**  |
| **Collectible Assets** | 67200  | 6242  | 165260  | 61997  | 117016  | 132746  | 89196  | 126178  |
| **TOTAL ASSETS** | **67628**  | **27915**  | **168904**  | **73832**  | **125891**  | **133636**  | **89788**  | **127051**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 76000  | 30000  | 200000  | 82000  | 138000  | 158000  | 105000  | 155000  |
| **Membership Distributions/Dividends** | 0  | -6115  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -7508  | -1315  | -29662  | -12257  | -13403  | -22568  | -14019  | -26187  |
| **Net Income** | -864  | 5346  | -1434  | 4089  | 1294  | -1796  | -1193  | -1762  |
| **Total Equity** | **67628**  | **27915**  | **168904**  | **73832**  | **125891**  | **133636**  | **89788**  | **127051**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **67628**  | **27915**  | **168904**  | **73832**  | **125891**  | **133636**  | **89788**  | **127051**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-DRCRC1** | **VV-CDVM** | **VV-MACAL3** | **VV-POM1** | **VV-BXEP21** | **VV-DRCH17** | **VV-MACFC** | **VV-BOW50** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 564  | 564  | 733  | 3248  | 2871  | 1794  | 372  | 338  |
| **Total Current Assets** | **564**  | **564**  | **733**  | **3248**  | **2871**  | **1794**  | **372**  | **338**  |
| **Collectible Assets** | 88279  | 84284  | 106878  | 82365  | 192107  | 60643  | 54050  | 37500  |
| **TOTAL ASSETS** | **88843**  | **84848**  | **107611**  | **85613**  | **194979**  | **62437**  | **54422**  | **37838**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 100000  | 100000  | 130000  | 110000  | 230000  | 88000  | 66000  | 60000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | -11176  | 0  | -17313  | 0  | 0  |
| **Retained Earnings** | -10021  | -14016  | -20912  | -11729  | -32892  | -7250  | -10828  | -21480  |
| **Net Income** | -1137  | -1137  | -1477  | -1481  | -2129  | -1000  | -750  | -682  |
| **Total Equity** | **88843**  | **84848**  | **107611**  | **85613**  | **194979**  | **62437**  | **54422**  | **37838**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **88843**  | **84848**  | **107611**  | **85613**  | **194979**  | **62437**  | **54422**  | **37838**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-CCC1** | **VV-TLC1** | **VV-RTBC** | **VV-MARG1** | **VV-SAIC** | **VV-BDX2K** | **VV-DRCH14** | **VV-HAWV** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 490  | 445  | 575  | 552  | 3693  | 40574  | 406  | 299  |
| **Total Current Assets** | **490**  | **445**  | **575**  | **552**  | **3693**  | **40574**  | **406**  | **299**  |
| **Collectible Assets** | 72283  | 65870  | 84178  | 81722  | 50080  | 121920  | 63700  | 46650  |
| **TOTAL ASSETS** | **72773**  | **66315**  | **84753**  | **82274**  | **53773**  | **162494**  | **64106**  | **46949**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 87000  | 79000  | 102000  | 98000  | 68000  | 176000  | 72000  | 53000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -13238  | -11787  | -16088  | -14612  | -14928  | -26618  | -7076  | -5449  |
| **Net Income** | -989  | -898  | -1159  | -1114  | 701  | 13112  | -818  | -602  |
| **Total Equity** | **72773**  | **66315**  | **84753**  | **82274**  | **53773**  | **162494**  | **64106**  | **46949**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **72773**  | **66315**  | **84753**  | **82274**  | **53773**  | **162494**  | **64106**  | **46949**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL4** | **VV-LAF19** | **VV-KGC3** | **VV-KGC4** | **VV-DP08** | **VV-DL19** | **VV-DRC09** | **VV-ITRC** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 451  | 259  | 485  | 361  | 479  | 355  | 592  | 5486  |
| **Total Current Assets** | **451**  | **259**  | **485**  | **361**  | **479**  | **355**  | **592**  | **5486**  |
| **Collectible Assets** | 56216  | 37200  | 78000  | 42250  | 71996  | 52632  | 90480  | 55076  |
| **TOTAL ASSETS** | **56667**  | **37459**  | **78485**  | **42611**  | **72475**  | **52987**  | **91072**  | **60562**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 80000  | 46000  | 86000  | 64000  | 85000  | 63000  | 105000  | 73000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -22424  | -8018  | -6538  | -20662  | -11559  | -9297  | -12735  | -12984  |
| **Net Income** | -909  | -523  | -977  | -727  | -966  | -716  | -1193  | 546  |
| **Total Equity** | **56667**  | **37459**  | **78485**  | **42611**  | **72475**  | **52987**  | **91072**  | **60562**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **56667**  | **37459**  | **78485**  | **42611**  | **72475**  | **52987**  | **91072**  | **60562**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOW2** | **VV-KCSK** | **VV-YAM1** | **VV-LBV1** | **VV-SCC1** | **VV-GULG1** | **VV-DRCH19** | **VV-BOMA** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 316  | 0  | 220  | 575  | 334  | 2491  | 1093  | 394  |
| **Total Current Assets** | **316**  | **0**  | **220**  | **575**  | **334**  | **2491**  | **1093**  | **394**  |
| **Collectible Assets** | 39172  | 258000  | 29454  | 84834  | 52172  | 49209  | 165806  | 62180  |
| **TOTAL ASSETS** | **39488**  | **258000**  | **29674**  | **85409**  | **52506**  | **51700**  | **166899**  | **62574**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 56000  | 315000  | 39000  | 102000  | 59500  | 61000  | 194000  | 70000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -15876  | -57000  | -8883  | -15432  | -6317  | -9057  | -24896  | -6630  |
| **Net Income** | -636  | 0  | -443  | -1159  | -677  | -243  | -2205  | -796  |
| **Total Equity** | **39488**  | **258000**  | **29674**  | **85409**  | **52506**  | **51700**  | **166899**  | **62574**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **39488**  | **258000**  | **29674**  | **85409**  | **52506**  | **51700**  | **166899**  | **62574**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-KGC5** | **VV-CHJC** | **VV-HIB1** | **VV-HBC1** | **VV-LAT1** | **VV-SPAN2** | **VV-KGC6** | **VV-SCC2** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 299  | 1954  | 366  | 687  | 1247  | 6734  | 366  | 637  |
| **Total Current Assets** | **299**  | **1954**  | **366**  | **687**  | **1247**  | **6734**  | **366**  | **637**  |
| **Collectible Assets** | 45900  | 58079  | 52858  | 104120  | 70638  | 56620  | 55000  | 96086  |
| **TOTAL ASSETS** | **46199**  | **60034**  | **53224**  | **104807**  | **71885**  | **63353**  | **55366**  | **96723**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 53000  | 69000  | 65000  | 122000  | 82000  | 72000  | 65000  | 113000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -6199  | -8601  | -11037  | -15806  | -9364  | -9612  | -8895  | -14993  |
| **Net Income** | -602  | -365  | -739  | -1387  | -751  | 965  | -739  | -1284  |
| **Total Equity** | **46199**  | **60034**  | **53224**  | **104807**  | **71885**  | **63353**  | **55366**  | **96723**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **46199**  | **60034**  | **53224**  | **104807**  | **71885**  | **63353**  | **55366**  | **96723**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-GCW1** | **VV-MACAL5** | **VV-HCC1** | **VV-CALC1** | **VV-MACAL6** | **VV-RBV1** | **VV-SUPR2** | **VV-AMW1** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 4514  | 1211  | 665  | 564  | 637  | 8956  | 5442  | 733  |
| **Total Current Assets** | **4514**  | **1211**  | **665**  | **564**  | **637**  | **8956**  | **5442**  | **733**  |
| **Collectible Assets** | 41876  | 173696  | 96000  | 86893  | 87120  | 75010  | 39183  | 107126  |
| **TOTAL ASSETS** | **46390**  | **174907**  | **96665**  | **87457**  | **87757**  | **83966**  | **44625**  | **107859**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 52500  | 215000  | 118000  | 100000  | 113000  | 95000  | 49500  | 130000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -6740  | -37650  | -19994  | -11407  | -23959  | -13417  | -5927  | -20664  |
| **Net Income** | 630  | -2443  | -1341  | -1137  | -1284  | 2383  | 1052  | -1477  |
| **Total Equity** | **46390**  | **174907**  | **96665**  | **87457**  | **87757**  | **83966**  | **44625**  | **107859**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **46390**  | **174907**  | **96665**  | **87457**  | **87757**  | **83966**  | **44625**  | **107859**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC**  |
| **BALANCE SHEET (BY-SERIES)** |
| **As of December 31, 2024** |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-JPNW** | **VV-KKCSK** | **VV-RUM1** | **VV-HPHH** | **VV-RB22** | **VV-CHAM2** | **VV-BURGS1** | **VV-CDP1** |
| **ASSETS** |  |  |  |  |  |  |  |  |
| **Current Assets** |  |  |  |  |  |  |  |  |
| **Cash and Cash Equivalents** | 282  | 0  | 462  | 507  | 316  | 547  | 564  | 3253  |
| **Total Current Assets** | **282**  | **0**  | **462**  | **507**  | **316**  | **547**  | **564**  | **3253**  |
| **Collectible Assets** | 40914  | 100000  | 65579  | 70500  | 47224  | 81667  | 83602  | 45460  |
| **TOTAL ASSETS** | **41196**  | **100000**  | **66041**  | **71007**  | **47540**  | **82214**  | **84166**  | **48712**  |
| **LIABILITIES AND** <br>**MEMBERS' EQUITY** |  |  |  |  |  |  |  |  |
| **Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Other Current Liabilities** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Total Current Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **Total Liabilities** | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  | **0**  |
| **MEMBERS" EQUITY** |  |  |  |  |  |  |  |  |
| **Membership Subscriptions** | 50000  | 125000  | 82000  | 90000  | 56000  | 97000  | 100000  | 60000  |
| **Membership Distributions/Dividends** | 0  | 0  | 0  | 0  | 0  | 0  | 0  | 0  |
| **Retained Earnings** | -8236  | -25000  | -15027  | -17970  | -7824  | -13684  | 0  | 0  |
| **Net Income** | -568  | 0  | -932  | -1023  | -636  | -1102  | -15835  | -11288  |
| **Total Equity** | **41196**  | **100000**  | **66041**  | **71007**  | **47540**  | **82214**  | **84166**  | **48712**  |
| **TOTAL LIABILITIES AND** <br>**MEMBERS' EQUITY** | **41196**  | **100000**  | **66041**  | **71007**  | **47540**  | **82214**  | **84166**  | **48712**  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-0001** | **VV-PNST** | **VV-STEML** | **VV-SUPR** | **VV-CHAM** | **VV-BDX** | **VV-MACAL** |
| **Revenues** |  | $2354  | $35338  |  | $13209  | $12495  |  |
| **Cost of revenues** |  | $2410  | $43625  | $6764  | $9844  | $21751  |  |
| **Gross Profit (Loss)** | $-  | $(55)  | $(8287)  | $(6764)  | $3366  | $(9255)  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |
| **General and administrative** | $(685)  | $554  | $901  | $630  | $1247  | $633  | $559  |
| **Operating Income/(Loss)** | $685  | $(609)  | $(9188)  | $(7394)  | $2119  | $(9889)  | $(559)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $685  | $(609)  | $(9188)  | $(7394)  | $2119  | $(9889)  | $(559)  |
| **Weighted number of Series membership interest** | 1000  | 2000  | 6450  | 1986  | 1460  | 2125  | 1700  |
| **Basic and diluted loss per Series membership interest** | $0.68  | $(0.30)  | $(1.42)  | $(3.72)  | $1.45  | $(4.65)  | $(0.33)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-SPAN** | **VV-BOWCK** | **VV-FUTUR** | **VV-DRC** | **VV-NAPA** | **VV-RHONE** | **VV-PTRS** |
| **Revenues** | $8081  |  | $1120  |  |  | $10824  |  |
| **Cost of revenues** | $11874  |  | $990  |  |  | $28484  |  |
| **Gross Profit (Loss)** | $(3794)  | $-  | $130  | $-  | $-  | $(17660)  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |
| **General and administrative** | $1156  | $441  | $569  | $579  | $836  | $909  | $537  |
| **Operating Income/(Loss)** | $(4950)  | $(441)  | $(439)  | $(579)  | $(836)  | $(18569)  | $(537)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(4950)  | $(441)  | $(439)  | $(579)  | $(836)  | $(18569)  | $(537)  |
| **Weighted number of Series membership interest** | 1400  | 2000  | 1600  | 5480  | 2840  | 3825  | 500  |
| **Basic and diluted loss per Series membership interest** | $(3.54)  | $(0.22)  | $(0.27)  | $(0.11)  | $(0.29)  | $(4.85)  | $(1.07)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-JPWY** | **VV-PDMT** | **VV-BOD10** | **VV-ROSE** | **VV-GPS** | **VV-LAF10** | **VV-JYFT** |
| **Revenues** |  | $33961  | $8067  | $5969  |  | $38143  | $1686  |
| **Cost of revenues** |  | $54702  | $12386  | $6559  |  | $74799  | $1200  |
| **Gross Profit (Loss)** | $-  | $(20741)  | $(4320)  | $(590)  | $-  | $(36655)  | $486  |
| **Operating Expenses:** |  |  |  |  |  |  |  |
| **General and administrative** | $598  | $586  | $675  | $595  | $576  | $573  | $534  |
| **Operating Income/(Loss)** | $(598)  | $(21327)  | $(4994)  | $(1185)  | $(576)  | $(37228)  | $(48)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(598)  | $(21327)  | $(4994)  | $(1185)  | $(576)  | $(37228)  | $(48)  |
| **Weighted number of Series membership interest** | 5500  | 3090  | 1990  | 1000  | 3000  | 1210  | 800  |
| **Basic and diluted loss per Series membership interest** | $(0.11)  | $(6.90)  | $(2.51)  | $(1.19)  | $(0.19)  | $(30.77)  | $(0.06)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MR19** | **VV-BDMA** | **VV-DRCH** | **VV-MACAL50** | **VV-GERM** | **VV-LR15** | **VV-JSCV** |
| **Revenues** | $13834  | $17890  |  |  |  |  | $8690  |
| **Cost of revenues** | $23035  | $16512  |  |  |  |  | $13150  |
| **Gross Profit (Loss)** | $(9201)  | $1377  | $-  | $-  | $-  | $-  | $(4460)  |
| **Operating Expenses:** |  |  |  |  |  |  |  |
| **General and administrative** | $536  | $1374  | $546  | $570  | $625  | $553  | $549  |
| **Operating Income/(Loss)** | $(9738)  | $3  | $(546)  | $(570)  | $(625)  | $(553)  | $(5009)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(9738)  | $3  | $(546)  | $(570)  | $(625)  | $(553)  | $(5009)  |
| **Weighted number of Series membership interest** | 280  | 860  | 530  | 5750  | 1000  | 700  | 610  |
| **Basic and diluted loss per Series membership interest** | $(34.78)  | $0.00  | $(1.03)  | $(0.10)  | $(0.63)  | $(0.79)  | $(8.21)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-SCRV** | **VV-CDCV** | **VV-CB100** | **VV-KGC1** | **VV-DRC15** | **VV-CHBL1** | **VV-BDXM1** |
| **Revenues** |  | $6332  | $43117  |  |  | $1544  | $55639  |
| **Cost of revenues** |  | $12134  | $43742  |  |  | $3291  | $51218  |
| **Gross Profit (Loss)** | $-  | $(5802)  | $(624)  | $-  | $-  | $(1746)  | $4420  |
| **Operating Expenses:** |  |  |  |  |  |  |  |
| **General and administrative** | $577  | $572  | $548  | $555  | $555  | $2027  | $778  |
| **Operating Income/(Loss)** | $(577)  | $(6374)  | $(1172)  | $(555)  | $(555)  | $(3773)  | $3643  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(577)  | $(6374)  | $(1172)  | $(555)  | $(555)  | $(3773)  | $3643  |
| **Weighted number of Series membership interest** | 1310  | 760  | 570  | 1500  | 760  | 600  | 4000  |
| **Basic and diluted loss per Series membership interest** | $(0.44)  | $(8.39)  | $(2.06)  | $(0.37)  | $(0.73)  | $(6.29)  | $0.91  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-PFGV** | **VV-WBURG** | **VV-KGC2** | **VV-MACAL2** | **VV-MVRW** | **VV-DRCRC1** | **VV-CDVM** |
| **Revenues** | $41550  | $8060  | $18000  |  | $55000  |  | $13484  |
| **Cost of revenues** | $41819  | $11352  | $93309  |  | $108243  |  | $32221  |
| **Gross Profit (Loss)** | $(269)  | $(3292)  | $(75309)  | $-  | $(53243)  | $-  | $(18738)  |
| **Operating Expenses:** |  |  |  |  |  |  |  |
| **General and administrative** | $1345  | $1140  | $587  | $566  | $586  | $564  | $564  |
| **Operating Income/(Loss)** | $(1615)  | $(4433)  | $(75896)  | $(566)  | $(53829)  | $(564)  | $(19302)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(1615)  | $(4433)  | $(75896)  | $(566)  | $(53829)  | $(564)  | $(19302)  |
| **Weighted number of Series membership interest** | 1640  | 4600  | 1580  | 1050  | 3100  | 1000  | 1000  |
| **Basic and diluted loss per Series membership interest** | $(0.98)  | $(0.96)  | $(48.04)  | $(0.54)  | $(17.36)  | $(0.56)  | $(19.30)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL3** | **VV-POM1** | **VV-BXEP21** | **VV-DRCH17** | **VV-MACFC** | **VV-BOW50** | **VV-CCC1** |
| **Revenues** |  |  | $29546  |  |  | $22000  | $14258  |
| **Cost of revenues** |  |  | $33802  |  |  | $37500  | $28196  |
| **Gross Profit (Loss)** | $-  | $-  | $(4256)  | $-  | $-  | $(15500)  | $(13938)  |
| **Operating Expenses:** |  |  |  |  |  |  |  |
| **General and administrative** | $576  | $750  | $724  | $650  | $551  | $549  | $559  |
| **Operating Income/(Loss)** | $(576)  | $(750)  | $(4980)  | $(650)  | $(551)  | $(16049)  | $(14498)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(576)  | $(750)  | $(4980)  | $(650)  | $(551)  | $(16049)  | $(14498)  |
| **Weighted number of Series membership interest** | 1300  | 1100  | 4600  | 880  | 1320  | 600  | 870  |
| **Basic and diluted loss per Series membership interest** | $(0.44)  | $(0.68)  | $(1.08)  | $(0.74)  | $(0.42)  | $(26.75)  | $(16.66)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-TLC1** | **VV-RTBC** | **VV-MARG1** | **VV-SAIC** | **VV-BDX2K** | **VV-DRCH14** | **VV-HAWV** |
| **Revenues** | $27679  |  | $53292  | $19415  | $100427  |  |  |
| **Cost of revenues** | $28578  |  | $61653  | $17077  | $115362  |  |  |
| **Gross Profit (Loss)** | $(899)  | $-  | $(8362)  | $2338  | $(14935)  | $-  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |
| **General and administrative** | $556  | $565  | $564  | $781  | $3337  | $554  | $546  |
| **Operating Income/(Loss)** | $(1455)  | $(565)  | $(8925)  | $1556  | $(18272)  | $(554)  | $(546)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(1455)  | $(565)  | $(8925)  | $1556  | $(18272)  | $(554)  | $(546)  |
| **Weighted number of Series membership interest** | 790  | 1020  | 980  | 680  | 1760  | 1440  | 1060  |
| **Basic and diluted loss per Series membership interest** | $(1.84)  | $(0.55)  | $(9.11)  | $2.29  | $(10.38)  | $(0.38)  | $(0.52)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL4** | **VV-LAF19** | **VV-KGC3** | **VV-KGC4** | **VV-DP08** | **VV-DL19** | **VV-DRC09** |
| **Revenues** | $22000  |  | $24000  | $20500  | $55007  | $11591  |  |
| **Cost of revenues** | $56216  |  | $78000  | $42250  | $71996  | $15912  |  |
| **Gross Profit (Loss)** | $(34216)  | $-  | $(54000)  | $(21750)  | $(16989)  | $(4321)  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |
| **General and administrative** | $557  | $543  | $559  | $550  | $559  | $550  | $566  |
| **Operating Income/(Loss)** | $(34773)  | $(543)  | $(54559)  | $(22300)  | $(17548)  | $(4871)  | $(566)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(34773)  | $(543)  | $(54559)  | $(22300)  | $(17548)  | $(4871)  | $(566)  |
| **Weighted number of Series membership interest** | 800  | 920  | 860  | 1280  | 1700  | 630  | 1050  |
| **Basic and diluted loss per Series membership interest** | $(43.47)  | $(0.59)  | $(63.44)  | $(17.42)  | $(10.32)  | $(7.73)  | $(0.54)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-ITRC** | **VV-BOW2** | **VV-KCSK** | **VV-YAM1** | **VV-LBV1** | **VV-SCC1** | **VV-GUGL1** |
| **Revenues** | $6933  | $27000  |  | $10000  | $60994  |  | $4141  |
| **Cost of revenues** | $11277  | $39172  |  | $25558  | $65568  |  | $8141  |
| **Gross Profit (Loss)** | $(4344)  | $(12172)  | $-  | $(15558)  | $(4573)  | $-  | $(4000)  |
| **Operating Expenses:** |  |  |  |  |  |  |  |
| **General and administrative** | $906  | $547  | $525  | $541  | $565  | $549  | $698  |
| **Operating Income/(Loss)** | $(5250)  | $(12719)  | $(525)  | $(16099)  | $(5138)  | $(549)  | $(4698)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(5250)  | $(12719)  | $(525)  | $(16099)  | $(5138)  | $(549)  | $(4698)  |
| **Weighted number of Series membership interest** | 1460  | 1120  | 3150  | 780  | 1020  | 595  | 610  |
| **Basic and diluted loss per Series membership interest** | $(3.60)  | $(11.36)  | $(0.17)  | $(20.64)  | $(5.04)  | $(0.92)  | $(7.70)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-DRCH19** | **VV-BOMA** | **VV-KGC5** | **VV-CHJC** | **VV-HIB1** | **VV-HBC1** | **VV-LAT1** |
| **Revenues** |  | $7043  | $11300  | $25098  | $17000  | $28181  | $19106  |
| **Cost of revenues** |  | $18966  | $45900  | $23029  | $52858  | $43660  | $18995  |
| **Gross Profit (Loss)** | $-  | $(11923)  | $(34600)  | $2069  | $(35858)  | $(15479)  | $111  |
| **Operating Expenses:** |  |  |  |  |  |  |  |
| **General and administrative** | $601  | $553  | $546  | $661  | $551  | $573  | $612  |
| **Operating Income/(Loss)** | $(601)  | $(12476)  | $(35146)  | $1409  | $(36409)  | $(16052)  | $(501)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(601)  | $(12476)  | $(35146)  | $1409  | $(36409)  | $(16052)  | $(501)  |
| **Weighted number of Series membership interest** | 1940  | 700  | 530  | 690  | 650  | 1220  | 820  |
| **Basic and diluted loss per Series membership interest** | $(0.31)  | $(17.82)  | $(66.31)  | $2.04  | $(56.01)  | $(13.16)  | $(0.61)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-SPAN2** | **VV-KGC6** | **VV-SCC2** | **VV-GCW1** | **VV-MACAL5** | **VV-HCC1** | **VV-CALC1** |
| **Revenues** | $26841  | $24000  |  | $4464  | $88000  |  | $37019  |
| **Cost of revenues** | $25974  | $55000  |  | $5286  | $173696  |  | $45253  |
| **Gross Profit (Loss)** | $866  | $(31000)  | $-  | $(822)  | $(85696)  | $-  | $(8235)  |
| **Operating Expenses:** |  |  |  |  |  |  |  |
| **General and administrative** | $992  | $551  | $570  | $838  | $609  | $571  | $564  |
| **Operating Income/(Loss)** | $(126)  | $(31551)  | $(570)  | $(1660)  | $(86305)  | $(571)  | $(8799)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(126)  | $(31551)  | $(570)  | $(1660)  | $(86305)  | $(571)  | $(8799)  |
| **Weighted number of Series membership interest** | 720  | 650  | 1130  | 525  | 2150  | 1180  | 1000  |
| **Basic and diluted loss per Series membership interest** | $(0.17)  | $(48.54)  | $(0.50)  | $(3.16)  | $(40.14)  | $(0.48)  | $(8.80)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL6** | **VV-RBV1** | **VV-SUPR2** | **VV-AMW1** | **VV-JPNW** | **VV-KKCSK** | **VV-RUM1** |
| **Revenues** | $38000  | $57946  | $31450  | $59250  | $2500  |  |  |
| **Cost of revenues** | $87120  | $58041  | $34572  | $105806  | $4836  |  |  |
| **Gross Profit (Loss)** | $(49120)  | $(95)  | $(3122)  | $(46556)  | $(2336)  | $-  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |
| **General and administrative** | $570  | $1146  | $902  | $576  | $545  | $525  | $557  |
| **Operating Income/(Loss)** | $(49690)  | $(1241)  | $(4025)  | $(47132)  | $(2881)  | $(525)  | $(557)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(49690)  | $(1241)  | $(4025)  | $(47132)  | $(2881)  | $(525)  | $(557)  |
| **Weighted number of Series membership interest** | 1130  | 950  | 495  | 1300  | 500  | 1250  | 820  |
| **Basic and diluted loss per Series membership interest** | $(43.97)  | $(1.31)  | $(8.13)  | $(36.26)  | $(5.76)  | $(0.42)  | $(0.68)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2025**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **VV-HPHH** | **VV-RB22** | **VV-CHAM2** | **VV-BURGS1** | **VV-CDP1** |
| **Revenues** |  |  | $25415  |  | $44230  |
| **Cost of revenues** |  |  | $39027  | $1034  | $35386  |
| **Gross Profit (Loss)** | $-  | $-  | $(13612)  | $(1034)  | $8844  |
| **Operating Expenses:** |  |  |  |  |  |
| **General and administrative** | $561  | $547  | $563  | $564  | $751  |
| **Operating Income/(Loss)** | $(561)  | $(547)  | $(14175)  | $(1599)  | $8093  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  |  |
| **Net Income** | $(561)  | $(547)  | $(14175)  | $(1599)  | $8093  |
| **Weighted number of Series membership interest** | 900  | 560  | 970  | 1000  | 600  |
| **Basic and diluted loss per Series membership interest** | $(0.62)  | $(0.98)  | $(14.61)  | $(1.60)  | $13.49  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2024**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-0001** | **VV-PNST** | **VV-STEML** | **VV-SUPR** | **VV-CHAM** | **VV-BDX** | **VV-MACAL** | **VV-SPAN** |
| **Revenues** | $-  | $-  | $4987  | $-  | $8710  | $-  | $-  | $8064  |
| **Cost of revenues** | $-  | $-  | $3386  | $-  | $6058  | $-  | $-  | $5820  |
| **Gross Profit (Loss)** | $-  | $-  | $1601  | $-  | $2652  | $-  | $-  | $2244  |
| **Operating Expenses:** |  |  |  |  |  |  |  |  |
| **General and administrative** | $3575  | $821  | $862  | $1273  | $4451  | $1465  | $966  | $1199  |
| **Operating Income/(Loss)** | $(3575)  | $(821)  | $739  | $(1273)  | $(1799)  | $(1465)  | $(966)  | $1045  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(3575)  | $(821)  | $739  | $(1273)  | $(1799)  | $(1465)  | $(966)  | $1045  |
| **Weighted number of Series membership interest** | 1000  | 2000  | 6450  | 1986  | 1460  | 2125  | 1700  | 1400  |
| **Basic and diluted loss per Series membership interest** | $(3.57)  | $(0.41)  | $0.11  | $(0.64)  | $(1.23)  | $(0.69)  | $(0.57)  | $0.75  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2024**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOWCK** | **VV-FUTUR** | **VV-DRC** | **VV-NAPA** | **VV-RHONE** | **VV-PTRS** | **VV-JPWY** | **VV-PDMT** |
| **Revenues** | $-  | $-  | $-  | $-  | $4671  | $-  | $-  | $-  |
| **Cost of revenues** | $-  | $-  | $-  | $-  | $949  | $-  | $-  | $-  |
| **Gross Profit (Loss)** | $-  | $-  | $-  | $-  | $3722  | $-  | $-  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |  |
| **General and administrative** | $11302  | $1273  | $1557  | $1614  | $1739  | $330  | $2125  | $1756  |
| **Operating Income/(Loss)** | $(11302)  | $(1273)  | $(1557)  | $(1614)  | $1983  | $(330)  | $(2125)  | $(1756)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(11302)  | $(1273)  | $(1557)  | $(1614)  | $1983  | $(330)  | $(2125)  | $(1756)  |
| **Weighted number of Series membership interest** | 2000  | 1600  | 5480  | 2840  | 3825  | 500  | 5500  | 3090  |
| **Basic and diluted loss per Series membership interest** | $(5.65)  | $(0.80)  | $(0.28)  | $(0.57)  | $0.52  | $(0.66)  | $(0.39)  | $(0.57)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2024**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOD10** | **VV-ROSE** | **VV-GPS** | **VV-LAF10** | **VV-JYFT** | **VV-MR19** | **VV-BDMA** | **VV-DRCH** |
| **Revenues** | $1595  | $773  | $-  | $-  | $-  | $-  | $12006  | $-  |
| **Cost of revenues** | $1067  | $553  | $-  | $-  | $-  | $-  | $9115  | $-  |
| **Gross Profit (Loss)** | $528  | $220  | $-  | $-  | $-  | $-  | $2891  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |  |
| **General and administrative** | $1131  | $466  | $1466  | $1375  | $241  | $318  | $489  | $602  |
| **Operating Income/(Loss)** | $(603)  | $(246)  | $(1466)  | $(1375)  | $(241)  | $(318)  | $2403  | $(602)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(603)  | $(246)  | $(1466)  | $(1375)  | $(241)  | $(318)  | $2403  | $(602)  |
| **Weighted number of Series membership interest** | 1990  | 1000  | 3000  | 1210  | 800  | 280  | 860  | 530  |
| **Basic and diluted loss per Series membership interest** | $(0.30)  | $(0.25)  | $(0.49)  | $(1.14)  | $(0.30)  | $(1.14)  | $2.79  | $(1.14)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2024**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL50** | **VV-GERM** | **VV-LR15** | **VV-JSCV** | **VV-SCRV** | **VV-CDCV** | **VV-CB100** | **VV-KGC1** |
| **Revenues** | $-  | $-  | $-  | $-  | $-  | $455  | $-  | $-  |
| **Cost of revenues** | $-  | $-  | $-  | $-  | $-  | $346  | $-  | $-  |
| **Gross Profit (Loss)** | $-  | $-  | $-  | $-  | $-  | $109  | $-  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |  |
| **General and administrative** | $1307  | $602  | $796  | $693  | $1489  | $432  | $648  | $852  |
| **Operating Income/(Loss)** | $(1307)  | $(602)  | $(796)  | $(693)  | $(1489)  | $(323)  | $(648)  | $(852)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(1307)  | $(602)  | $(796)  | $(693)  | $(1489)  | $(323)  | $(648)  | $(852)  |
| **Weighted number of Series membership interest** | 5750  | 1000  | 700  | 610  | 1310  | 760  | 570  | 1500  |
| **Basic and diluted loss per Series membership interest** | $(0.23)  | $(0.60)  | $(1.14)  | $(1.14)  | $(1.14)  | $(0.42)  | $(1.14)  | $(0.57)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2024**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-DRC15** | **VV-CHBL1** | **VV-BDXM1** | **VV-PFGV** | **VV-WBURG** | **VV-KGC2** | **VV-MACAL2** | **VV-MVRW** |
| **Revenues** | $-  | $20561  | $2517  | $11374  | $8098  | $-  | $-  | $-  |
| **Cost of revenues** | $-  | $14731  | $1678  | $6353  | $5235  | $-  | $-  | $-  |
| **Gross Profit (Loss)** | $-  | $5830  | $839  | $5021  | $2863  | $-  | $-  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |  |
| **General and administrative** | $864  | $484  | $2273  | $932  | $1568  | $1796  | $1193  | $1762  |
| **Operating Income/(Loss)** | $(864)  | $5346  | $(1434)  | $4089  | $1294  | $(1796)  | $(1193)  | $(1762)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(864)  | $5346  | $(1434)  | $4089  | $1294  | $(1796)  | $(1193)  | $(1762)  |
| **Weighted number of Series membership interest** | 760  | 600  | 4000  | 1640  | 4600  | 1580  | 1050  | 3100  |
| **Basic and diluted loss per Series membership interest** | $(1.14)  | $8.91  | $(0.36)  | $2.49  | $0.28  | $(1.14)  | $(1.14)  | $(0.57)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2024**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-DRCRC1** | **VV-CDVM** | **VV-MACAL3** | **VV-POM1** | **VV-BXEP21** | **VV-DRCH17** | **VV-MACFC** | **VV-BOW50** |
| **Revenues** | $-  | $-  | $-  | $-  | $1575  | $-  | $-  | $-  |
| **Cost of revenues** | $-  | $-  | $-  | $-  | $1091  | $-  | $-  | $-  |
| **Gross Profit (Loss)** | $-  | $-  | $-  | $-  | $484  | $-  | $-  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |  |
| **General and administrative** | $1137  | $1137  | $1477  | $1481  | $2614  | $1000  | $750  | $682  |
| **Operating Income/(Loss)** | $(1137)  | $(1137)  | $(1477)  | $(1481)  | $(2129)  | $(1000)  | $(750)  | $(682)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(1137)  | $(1137)  | $(1477)  | $(1481)  | $(2129)  | $(1000)  | $(750)  | $(682)  |
| **Weighted number of Series membership interest** | 1000  | 1000  | 1300  | 1100  | 4600  | 880  | 1320  | 600  |
| **Basic and diluted loss per Series membership interest** | $(1.14)  | $(1.14)  | $(1.14)  | $(1.35)  | $(0.46)  | $(1.14)  | $(0.57)  | $(1.14)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2024**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-CCC1** | **VV-TLC1** | **VV-RTBC** | **VV-MARG1** | **VV-SAIC** | **VV-BDX2K** | **VV-DRCH14** | **VV-HAWV** |
| **Revenues** | $-  | $-  | $-  | $-  | $3310  | $39582  | $-  | $-  |
| **Cost of revenues** | $-  | $-  | $-  | $-  | $1836  | $24470  | $-  | $-  |
| **Gross Profit (Loss)** | $-  | $-  | $-  | $-  | $1474  | $15113  | $-  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |  |
| **General and administrative** | $989  | $898  | $1159  | $1114  | $773  | $2000  | $818  | $602  |
| **Operating Income/(Loss)** | $(989)  | $(898)  | $(1159)  | $(1114)  | $701  | $13112  | $(818)  | $(602)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(989)  | $(898)  | $(1159)  | $(1114)  | $701  | $13112  | $(818)  | $(602)  |
| **Weighted number of Series membership interest** | 870  | 790  | 1020  | 980  | 680  | 1760  | 1440  | 1060  |
| **Basic and diluted loss per Series membership interest** | $(1.14)  | $(1.14)  | $(1.14)  | $(1.14)  | $1.03  | $7.45  | $(0.57)  | $(0.57)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2024**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL4** | **VV-LAF19** | **VV-KGC3** | **VV-KGC4** | **VV-DP08** | **VV-DL19** | **VV-DRC09** | **VV-ITRC** |
| **Revenues** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $5075  |
| **Cost of revenues** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $3699  |
| **Gross Profit (Loss)** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $1376  |
| **Operating Expenses:** |  |  |  |  |  |  |  |  |
| **General and administrative** | $909  | $523  | $977  | $727  | $966  | $716  | $1193  | $830  |
| **Operating Income/(Loss)** | $(909)  | $(523)  | $(977)  | $(727)  | $(966)  | $(716)  | $(1193)  | $546  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(909)  | $(523)  | $(977)  | $(727)  | $(966)  | $(716)  | $(1193)  | $546  |
| **Weighted number of Series membership interest** | 800  | 920  | 860  | 1280  | 1700  | 630  | 1050  | 1460  |
| **Basic and diluted loss per Series membership interest** | $(1.14)  | $(0.57)  | $(1.14)  | $(0.57)  | $(0.57)  | $(1.14)  | $(1.14)  | $0.37  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2024**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOW2** | **VV-KCSK** | **VV-YAM1** | **VV-LBV1** | **VV-SCC1** | **VV-GUGL1** | **VV-DRCH19** | **VV-BOMA** |
| **Revenues** | $-  | $-  | $-  | $-  | $-  | $2148  | $-  | $-  |
| **Cost of revenues** | $-  | $-  | $-  | $-  | $-  | $1697  | $-  | $-  |
| **Gross Profit (Loss)** | $-  | $-  | $-  | $-  | $-  | $451  | $-  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |  |
| **General and administrative** | $636  | $-  | $443  | $1159  | $677  | $693  | $2205  | $796  |
| **Operating Income/(Loss)** | $(636)  | $-  | $(443)  | $(1159)  | $(677)  | $(243)  | $(2205)  | $(796)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(636)  | $-  | $(443)  | $(1159)  | $(677)  | $(243)  | $(2205)  | $(796)  |
| **Weighted number of Series membership interest** | 1120  | 3150  | 780  | 1020  | 595  | 610  | 1940  | 700  |
| **Basic and diluted loss per Series membership interest** | $(0.57)  | $-  | $(0.57)  | $(1.14)  | $(1.14)  | $(0.40)  | $(1.14)  | $(1.14)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2024**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-KGC5** | **VV-CHJC** | **VV-HIB1** | **VV-HBC1** | **VV-LAT1** | **VV-SPAN2** | **VV-KGC6** | **VV-SCC2** |
| **Revenues** | $-  | $1566  | $-  | $-  | $775  | $6328  | $-  | $-  |
| **Cost of revenues** | $-  | $1147  | $-  | $-  | $594  | $4544  | $-  | $-  |
| **Gross Profit (Loss)** | $-  | $419  | $-  | $-  | $181  | $1784  | $-  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |  |
| **General and administrative** | $602  | $784  | $739  | $1387  | $932  | $818  | $739  | $1284  |
| **Operating Income/(Loss)** | $(602)  | $(365)  | $(739)  | $(1387)  | $(751)  | $965  | $(739)  | $(1284)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $(602)  | $(365)  | $(739)  | $(1387)  | $(751)  | $965  | $(739)  | $(1284)  |
| **Weighted number of Series membership interest** | 530  | 690  | 650  | 1220  | 820  | 720  | 650  | 1130  |
| **Basic and diluted loss per Series membership interest** | $(1.14)  | $(0.53)  | $(1.14)  | $(1.14)  | $(0.92)  | $1.34  | $(1.14)  | $(1.14)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2024**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-GCW1** | **VV-MACAL5** | **VV-HCC1** | **VV-CALC1** | **VV-MACAL6** | **VV-RBV1** | **VV-SUPR2** | **VV-AMW1** |
| **Revenues** | $4220  | $-  | $-  | $-  | $-  | $8421  | $5164  | $-  |
| **Cost of revenues** | $2993  | $-  | $-  | $-  | $-  | $4958  | $3549  | $-  |
| **Gross Profit (Loss)** | $1227  | $-  | $-  | $-  | $-  | $3463  | $1615  | $-  |
| **Operating Expenses:** |  |  |  |  |  |  |  |  |
| **General and administrative** | $597  | $2443  | $1341  | $1137  | $1284  | $1080  | $563  | $1477  |
| **Operating Income/(Loss)** | $630  | $(2443)  | $(1341)  | $(1137)  | $(1284)  | $2383  | $1052  | $(1477)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net Income** | $630  | $(2443)  | $(1341)  | $(1137)  | $(1284)  | $2383  | $1052  | $(1477)  |
| **Weighted number of Series membership interest** | 525  | 2150  | 1180  | 1000  | 1130  | 950  | 495  | 1300  |
| **Basic and diluted loss per Series membership interest** | $1.20  | $(1.14)  | $(1.14)  | $(1.14)  | $(1.14)  | $2.51  | $2.12  | $(1.14)  |

---

------

---

| |
|:---|
| **VV MARKETS, LLC** |
| **STATEMENT OF OPERATIONS (BY-SERIES)** |
| **For the calendar year ended December 31, 2024**  |
| **See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-JPNW** | **VV-KKCSK** | **VV-RUM1** | **VV-HPHH** | **VV-RB22** | **VV-CHAM2** | **VV-BURGS1** | **VV-CDP1** |
| **Revenues** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $2915  |
| **Cost of revenues** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $2075  |
| **Gross Profit (Loss)** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $839  |
| **Operating Expenses:** |  |  |  |  |  |  |  |  |
| **General and administrative** | $568  | $-  | $932  | $1023  | $636  | $1102  | $15835  | $12127  |
| **Operating Income/(Loss)** | $(568)  | $-  | $(932)  | $(1023)  | $(636)  | $(1102)  | $(15835)  | $(11288)  |
| **Provision for Income Taxes** | $-  | $-  | $-  | $-  | $-  | $-  | $-  |  |
| **Net Income** | $(568)  | $-  | $(932)  | $(1023)  | $(636)  | $(1102)  | $(15835)  | $(11288)  |
| **Weighted number of Series membership interest** | 500  | 1250  | 820  | 900  | 560  | 970  | 1000  | 600  |
| **Basic and diluted loss per Series membership interest** | $(1.14)  | $-  | $(1.14)  | $(1.14)  | $(1.14)  | $(1.14)  | $(15.83)  | $(18.81)  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC**  |
| &nbsp;&nbsp;**STATEMENT OF MEMBERS' EQUITY (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2025** |
| &nbsp;&nbsp;**And for the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-0001** | **VV-PNST** | **VV-STEML** | **VV-SUPR** | **VV-CHAM** | **VV-BDX** | **VV-MACAL** | **VV-SPAN** |
| **Balance as of December 31, 2024** | ($685)  | $40407  | $58828  | $49465  | $20263  | $55391  | $75879  | $67308  |
| Subscriptions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Membership Distributions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Net income / (loss) | $685  | ($609)  | ($9188)  | ($7394)  | $2119  | ($9889)  | ($559)  | ($4950)  |
| **Balance as of December 31, 2025** | ($0)  | $39798  | $49640  | $42071  | $22382  | $45502  | $75320  | $62358  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOWCK** | **VV-FUTUR** | **VV-DRC** | **VV-NAPA** | **VV-RHONE** | **VV-PTRS** | **VV-JPWY** | **VV-PDMT** |
| **Balance as of December 31, 2024** | $441  | $100885  | $122337  | $118915  | $140284  | $26056  | $166554  | $137971  |
| Subscriptions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Membership Distributions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Net income / (loss) | ($441)  | ($439)  | ($579)  | ($836)  | ($18569)  | ($537)  | ($598)  | ($21327)  |
| **Balance as of December 31, 2025** | $0  | $100446  | $121758  | $118079  | $121715  | $25519  | $165956  | $116644  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOD10** | **VV-ROSE** | **VV-GPS** | **VV-LAF10** | **VV-JYFT** | **VV-MR19** | **VV-BDMA** | **VV-DRCH** |
| **Balance as of December 31, 2024** | $88953  | $36773  | $107277  | $107110  | $20119  | $23193  | $40529  | $46695  |
| Subscriptions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Membership Distributions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Net income / (loss) | ($4994)  | ($1185)  | ($576)  | ($37228)  | ($48)  | ($9738)  | $3  | ($546)  |
| **Balance as of December 31, 2025** | $83959  | $35588  | $106701  | $69882  | $20071  | $13455  | $40532  | $46149  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL50** | **VV-GERM** | **VV-LR15** | **VV-JSCV** | **VV-SCRV** | **VV-CDCV** | **VV-CB100** | **VV-KGC1** |
| **Balance as of December 31, 2024** | $102648  | $41594  | $55819  | $53018  | $116805  | $33165  | $49253  | $66446  |
| Subscriptions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Membership Distributions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Net income / (loss) | ($570)  | ($625)  | ($553)  | ($5009)  | ($577)  | ($6374)  | ($1172)  | ($555)  |
| **Balance as of December 31, 2025** | $102078  | $40969  | $55266  | $48009  | $116228  | $26791  | $48081  | $65891  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC**  |
| &nbsp;&nbsp;**STATEMENT OF MEMBERS' EQUITY (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2025**<br> **And for the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-DRC15** | **VV-CHBL1** | **VV-BDXM1** | **VV-PFGV** | **VV-WBURG** | **VV-KGC2** | **VV-MACAL2** | **VV-MVRW** |
| **Balance as of December 31, 2024** | $67628  | $27915  | $168904  | $73832  | $125891  | $133636  | $89788  | $127051  |
| Subscriptions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Membership Distributions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Net income / (loss) | ($555) | ($3773) | $3643  | ($1615) | ($4433) | ($75896) | ($566) | ($53829) |
| **Balance as of December 31, 2025** | $67073  | $24142  | $172547  | $72217  | $121458  | $57740  | $89222  | $73222  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-DRCRC1** | **VV-CDVM** | **VV-MACAL3** | **VV-POM1** | **VV-BXEP21** | **VV-DRCH17** | **VV-MACFC** | **VV-BOW50** |
| **Balance as of December 31, 2024** | $88843  | $84848  | $107611  | $85613  | $194979  | $62437  | $54422  | $37838  |
| Subscriptions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Membership Distributions | $0  | $0  | $0  | $2540  | $0  | $0  | $0  | $0  |
| Net income / (loss) | ($564) | ($19302) | ($576) | ($750) | ($4980) | ($650) | ($551) | ($16049) |
| **Balance as of December 31, 2025** | $88279  | $65546  | $107035  | $87402  | $189999  | $61787  | $53871  | $21789  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-CCC1** | **VV-TLC1** | **VV-RTBC** | **VV-MARG1** | **VV-SAIC** | **VV-BDX2K** | **VV-DRCH14** | **VV-HAWV** |
| **Balance as of December 31, 2024** | $72773  | $66315  | $84753  | $82274  | $53773  | $162494  | $64106  | $46949  |
| Subscriptions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Membership Distributions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Net income / (loss) | ($14498) | ($1455) | ($565) | ($8925) | $1556  | ($18272) | ($554) | ($546) |
| **Balance as of December 31, 2025** | $58275  | $64860  | $84188  | $73349  | $55329  | $144222  | $63552  | $46403  |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL4** | **VV-LAF19** | **VV-KGC3** | **VV-KGC4** | **VV-DP08** | **VV-DL19** | **VV-DRC09** | **VV-ITRC** | **VV-BOW2** |
| **Balance as of December 31, 2024** | $56667  | $37459  | $78485  | $42611  | $72475  | $52987  | $91072  | $60562  | $39488  |
| Subscriptions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Membership Distributions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Net income / (loss) | ($34773) | ($543) | ($54559) | ($22300) | ($17548) | ($4871) | ($566) | ($5250) | ($12719) |
| **Balance as of December 31, 2025** | $21894  | $36916  | $23926  | $20311  | $54927  | $48116  | $90506  | $55312  | $26769  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC**  |
| &nbsp;&nbsp;**STATEMENT OF MEMBERS' EQUITY (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2025** |
| &nbsp;&nbsp;**And for the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-KCSK** | **VV-YAM1** | **VV-LBV1** | **VV-SCC1** | **VV-GUGL1** | **VV-DRCH19** | **VV-BOMA** | **VV-KGC5** |
| **Balance as of December 31, 2024** | $258000  | $29674  | $85409  | $52506  | $51700  | $166899  | $62574  | $46199  |
| Subscriptions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Membership Distributions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Net income / (loss) | ($525) | ($16099) | ($5138) | ($549) | ($4698) | ($601) | ($12476) | ($35146) |
| **Balance as of December 31, 2025** | $257475  | $13576  | $80271  | $51957  | $47002  | $166298  | $50098  | $11053  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-CHJC** | **VV-HIB1** | **VV-HBC1** | **VV-LAT1** | **VV-SPAN2** | **VV-KGC6** | **VV-SCC2** | **VV-GCW1** |
| **Balance as of December 31, 2024** | $60034  | $53224  | $104807  | $71885  | $63353  | $55366  | $96723  | $46390  |
| Subscriptions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Membership Distributions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Net income / (loss) | $1409  | ($36409) | ($16052) | ($501) | ($126) | ($31551) | ($570) | ($1660) |
| **Balance as of December 31, 2025** | $61443  | $16815  | $88755  | $71384  | $63227  | $23815  | $96153  | $44730  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL5** | **VV-HCC1** | **VV-CALC1** | **VV-MACAL6** | **VV-RBV1** | **VV-SUPR2** | **VV-AMW1** | **VV-JPNW** |
| **Balance as of December 31, 2024** | $174907  | $96665  | $87457  | $87757  | $83966  | $44625  | $107859  | $41196  |
| Subscriptions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Membership Distributions | $0  | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Net income / (loss) | ($86305) | ($571) | ($8799) | ($49690) | ($1241) | ($4025) | ($47132) | ($2881) |
| **Balance as of December 31, 2025** | $88602  | $96094  | $78658  | $38067  | $82725  | $40600  | $60727  | $38315  |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-KKCSK** | **VV-RUM1** | **VV-HPHH** | **VV-RB22** | **VV-CHAM2** | **VV-BURGS1** | **VV-CDP1** |
| **Balance as of December 31, 2024** | $100000  | $66041  | $71007  | $47540  | $82214  | $84166  | $48839  |
| Subscriptions | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Membership Distributions | $0  | $0  | $0  | $0  | $0  | $0  | $0  |
| Net income / (loss) | ($525) | ($557) | ($561) | ($547) | ($14175) | ($1599) | $8093  |
| **Balance as of December 31, 2025** | $99475  | $65484  | $70446  | $46993  | $68039  | $82567  | $56932  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2025** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-0001** | **VV-PNST** | **VV-STEML** | **VV-SUPR** | **VV-CHAM** | **VV-BDX** | **VV-MACAL** | **VV-SPAN** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $685  | $(609)  | $(9188)  | $(7394)  | $2119  | $(9889)  | $(559)  | $(4950)  |
| **Net cash provided by operating activities** | $685  | $(609)  | $(9188)  | $(7394)  | $2119  | $(9889)  | $(559)  | $(4950)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** |  | $2410  | $43625  |  | $9844  | $21751  |  | $8452  |
| **Net cash provided by investing activities** |  |  | $43625  |  | $9844  |  |  | $8452  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** |  |  |  |  |  |  |  |  |
| **Net cash provided by financing activities** |  |  |  |  |  |  |  |  |
| **Net cash increase for period** | $685  | $(609)  | $34437  | $(7394)  | $11962  | $(9889)  | $(559)  | $3502  |
| **Cash at beginning of period** | $(685)  | $407  | $5414  | $1508  | $10420  | $1556  | $479  | $9099  |
| **Cash at end of period** | $-  | $(202)  | $39852  | $(5886)  | $22382  | $(8333)  | $(80)  | $12601  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOWCK** | **VV-FUTUR** | **VV-DRC** | **VV-NAPA** | **VV-RHONE** | **VV-PTRS** | **VV-JPWY** | **VV-PDMT** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(441)  | $(439)  | $(579)  | $(836)  | $(18569)  | $(537)  | $(598)  | $(21327)  |
| **Net cash provided by operating activities** | $(441)  | $(439)  | $(579)  | $(836)  | $(18569)  | $(537)  | $(598)  | $(21327)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** |  | $990  |  |  | $14380  |  |  | $54702  |
| **Net cash provided by investing activities** |  | $990  |  |  | $14380  |  |  |  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** |  |  |  |  |  |  |  |  |
| **Net cash provided by financing activities** |  |  |  |  |  |  |  |  |
| **Net cash increase for period** | $(441)  | $551  | $(579)  | $(836)  | $(4189)  | $(537)  | $(598)  | $(21327)  |
| **Cash at beginning of period** | $441  | $631  | $772  | $4488  | $5533  | $163  | $1054  | $871  |
| **Cash at end of period** | $(0)  | $1182  | $193  | $3652  | $1344  | $(373)  | $455  | $(20456)  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2025** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOD10** | **VV-ROSE** | **VV-GPS** | **VV-LAF10** | **VV-JYFT** | **VV-MR19** | **VV-BDMA** | **VV-DRCH** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(4994)  | $(1185)  | $(576)  | $(37228)  | $(48)  | $(9738)  | $3  | $(546)  |
| **Net cash provided by operating activities** | $(4994)  | $(1185)  | $(576)  | $(37228)  | $(48)  | $(9738)  | $3  | $(546)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $12386  | $6559  |  | $72882  | $1200  | $23035  | $14955  |  |
| **Net cash provided by investing activities** | $12386  | $6559  |  |  | $1200  |  | $14955  |  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** |  |  |  |  |  |  |  |  |
| **Net cash provided by financing activities** |  |  |  |  |  |  |  |  |
| **Net cash increase for period** | $7392  | $5374  | $(576)  | $(37228)  | $1152  | $(9738)  | $14958  | $(546)  |
| **Cash at beginning of period** | $2156  | $1004  | $727  | $682  | $119  | $158  | $12248  | $299  |
| **Cash at end of period** | $9548  | $6378  | $151  | $(36546)  | $1271  | $(9580)  | $27206  | $(247)  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL50** | **VV-GERM** | **VV-LR15** | **VV-JSCV** | **VV-SCRV** | **VV-CDCV** | **VV-CB100** | **VV-KGC1** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(570)  | $(625)  | $(553)  | $(5009)  | $(577)  | $(6374)  | $(1172)  | $(555)  |
| **Net cash provided by operating activities** | $(570)  | $(625)  | $(553)  | $(5009)  | $(577)  | $(6374)  | $(1172)  | $(555)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** |  |  |  | $13150  |  | $8677  | $43742  |  |
| **Net cash provided by investing activities** |  |  |  |  |  | $8677  | $43742  |  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** |  |  |  |  |  |  |  |  |
| **Net cash provided by financing activities** |  |  |  |  |  |  |  |  |
| **Net cash increase for period** | $(570)  | $(625)  | $(553)  | $(5009)  | $(577)  | $2303  | $42570  | $(555)  |
| **Cash at beginning of period** | $648  | $1443  | $394  | $344  | $738  | $669  | $321  | $424  |
| **Cash at end of period** | $78  | $818  | $(158)  | $(4666)  | $162  | $2972  | $42891  | $(131)  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2025** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements**<br>|

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-DRC15** | **VV-CHBL1** | **VV-BDXM1** | **VV-PFGV** | **VV-WBURG** | **VV-KGC2** | **VV-MACAL2** | **VV-MVRW** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(555)  | $(3773)  | $3643  | $(1615)  | $(4433)  | $(75896)  | $(566)  | $(53829)  |
| **Net cash provided by operating activities** | $(555)  | $(3773)  | $3643  | $(1615)  | $(4433)  | $(75896)  | $(566)  | $(53829)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** |  | $3291  | $51218  | $40914  | $11352  | $93309  |  | $108243  |
| **Net cash provided by investing activities** |  |  | $51218  | $40914  |  |  |  |  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** |  |  |  |  |  |  |  |  |
| **Net cash provided by financing activities** |  |  |  |  |  |  |  |  |
| **Net cash increase for period** | $(555)  | $(3773)  | $54861  | $39299  | $(4433)  | $(75896)  | $(566)  | $(53829)  |
| **Cash at beginning of period** | $428  | $21673  | $3644  | $11835  | $8875  | $890  | $592  | $873  |
| **Cash at end of period** | $(127)  | $17900  | $58505  | $51134  | $4443  | $(75005)  | $25  | $(52955)  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-DRCRC1** | **VV-CDVM** | **VV-MACAL3** | **VV-POM1** | **VV-BXEP21** | **VV-DRCH17** | **VV-MACFC** | **VV-BOW50** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(564)  | $(19302)  | $(576)  | $(750)  | $(4980)  | $(650)  | $(551)  | $(16049)  |
| **Net cash provided by operating activities** | $(564)  | $(19302)  | $(576)  | $(750)  | $(4980)  | $(650)  | $(551)  | $(16049)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** |  | $30224  |  |  | $28206  |  |  | $37500  |
| **Net cash provided by investing activities** |  |  |  |  | $28206  |  |  |  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** |  |  |  | $2540  |  |  |  |  |
| **Net cash provided by financing activities** |  |  |  | $2540  |  |  |  |  |
| **Net cash increase for period** | $(564)  | $(19302)  | $(576)  | $1789  | $23226  | $(650)  | $(551)  | $(16049)  |
| **Cash at beginning of period** | $564  | $564  | $733  | $3248  | $2871  | $1794  | $372  | $338  |
| **Cash at end of period** | $(1)  | $(18739)  | $156  | $5037  | $26098  | $1144  | $(179)  | $(15711)  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2025** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements**<br>|

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-CCC1** | **VV-TLC1** | **VV-RTBC** | **VV-MARG1** | **VV-SAIC** | **VV-BDX2K** | **VV-DRCH14** | **VV-HAWV** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(14498)  | $(1455)  | $(565)  | $(8925)  | $1556  | $(18272)  | $(554)  | $(546)  |
| **Net cash provided by operating activities** | $(14498)  | $(1455)  | $(565)  | $(8925)  | $1556  | $(18272)  | $(554)  | $(546)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $20613  | $28578  |  | $60358  | $16585  | $115362  |  |  |
| **Net cash provided by investing activities** |  | $28578  |  | $60358  | $16585  | $115362  |  |  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** |  |  |  |  |  |  |  |  |
| **Net cash provided by financing activities** |  |  |  |  |  |  |  |  |
| **Net cash increase for period** | $(14498)  | $27123  | $(565)  | $51433  | $18141  | $97090  | $(554)  | $(546)  |
| **Cash at beginning of period** | $490  | $445  | $575  | $552  | $3693  | $40574  | $406  | $299  |
| **Cash at end of period** | $(14007)  | $27568  | $10  | $51985  | $21834  | $137664  | $(148)  | $(247)  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL4** | **VV-LAF19** | **VV-KGC3** | **VV-KGC4** | **VV-DP08** | **VV-DL19** | **VV-DRC09** | **VV-ITRC** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(34773)  | $(543)  | $(54559)  | $(22300)  | $(17548)  | $(4871)  | $(566)  | $(5250)  |
| **Net cash provided by operating activities** | $(34773)  | $(543)  | $(54559)  | $(22300)  | $(17548)  | $(4871)  | $(566)  | $(5250)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $56216  |  | $78000  | $42250  | $71996  | $15912  |  | $8505  |
| **Net cash provided by investing activities** |  |  |  |  |  |  |  |  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** |  |  |  |  |  |  |  |  |
| **Net cash provided by financing activities** |  |  |  |  |  |  |  |  |
| **Net cash increase for period** | $(34773)  | $(543)  | $(54559)  | $(22300)  | $(17548)  | $(4871)  | $(566)  | $(5250)  |
| **Cash at beginning of period** | $451  | $259  | $485  | $361  | $479  | $355  | $592  | $5486  |
| **Cash at end of period** | $(34322)  | $(284)  | $(54074)  | $(21940)  | $(17069)  | $(4516)  | $25  | $237  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2025** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOW2** | **VV-KCSK** | **VV-YAM1** | **VV-LBV1** | **VV-SCC1** | **VV-GUGL1** | **VV-DRCH19** | **VV-BOMA** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(12719)  | $(525)  | $(16099)  | $(5138)  | $(549)  | $(4698)  | $(601)  | $(12476)  |
| **Net cash provided by operating activities** | $(12719)  | $(525)  | $(16099)  | $(5138)  | $(549)  | $(4698)  | $(601)  | $(12476)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $39172  |  | $25558  | $64411  |  | $3394  |  | $17859  |
| **Net cash provided by investing activities** |  |  | $25558  |  | $-  |  |  |  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** |  |  |  |  |  |  |  |  |
| **Net cash provided by financing activities** |  |  |  |  |  |  |  |  |
| **Net cash increase for period** | $(12719)  | $(525)  | $9459  | $(5138)  | $(549)  | $(4698)  | $(601)  | $(12476)  |
| **Cash at beginning of period** | $316  | $-  | $220  | $575  | $334  | $2491  | $1093  | $394  |
| **Cash at end of period** | $(12404)  | $(525)  | $9679  | $(4564)  | $(214)  | $(2206)  | $492  | $(12081)  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-KGC5** | **VV-CHJC** | **VV-HIB1** | **VV-HBC1** | **VV-LAT1** | **VV-SPAN2** | **VV-KGC6** | **VV-SCC2** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(35146)  | $1409  | $(36409)  | $(16052)  | $(501)  | $(126)  | $(31551)  | $(570)  |
| **Net cash provided by operating activities** | $(35146)  | $1409  | $(36409)  | $(16052)  | $(501)  | $(126)  | $(31551)  | $(570)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $45900  | $23029  | $52858  | $40699  | $18995  | $22919  | $55000  |  |
| **Net cash provided by investing activities** | $45900  |  |  | $40699  | $18995  |  |  |  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** |  |  |  |  |  |  |  |  |
| **Net cash provided by financing activities** |  |  |  |  |  |  |  |  |
| **Net cash increase for period** | $10754  | $1409  | $(36409)  | $24646  | $18495  | $(126)  | $(31551)  | $(570)  |
| **Cash at beginning of period** | $299  | $1954  | $366  | $687  | $1247  | $6734  | $366  | $637  |
| **Cash at end of period** | $11053  | $3363  | $(36043)  | $25334  | $19742  | $6608  | $(31185)  | $67  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2025** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-GCW1** | **VV-MACAL5** | **VV-HCC1** | **VV-CALC1** | **VV-MACAL6** | **VV-RBV1** | **VV-SUPR2** | **VV-AMW1** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(1660)  | $(86305)  | $(571)  | $(8799)  | $(49690)  | $(1241)  | $(4025)  | $(47132)  |
| **Net cash provided by operating activities** | $(1660)  | $(86305)  | $(571)  | $(8799)  | $(49690)  | $(1241)  | $(4025)  | $(47132)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $5286  | $173696  |  | $45253  | $87120  | $56709  | $34572  | $105806  |
| **Net cash provided by investing activities** |  |  | $-  |  | $87120  | $56709  |  |  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** |  |  |  |  |  |  |  |  |
| **Net cash provided by financing activities** |  |  |  |  |  |  |  |  |
| **Net cash increase for period** | $(1660)  | $(86305)  | $(571)  | $(8799)  | $37430  | $55468  | $(4025)  | $(47132)  |
| **Cash at beginning of period** | $4514  | $1211  | $665  | $564  | $637  | $8956  | $5442  | $733  |
| **Cash at end of period** | $2855  | $(85094)  | $93  | $(8236)  | $38067  | $64424  | $1417  | $(46400)  |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-JPNW** | **VV-KKCSK** | **VV-RUM1** | **VV-HPHH** | **VV-RB22** | **VV-CHAM2** | **VV-BURGS1** | **VV-CDP1** |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(2881)  | $(525)  | $(557)  | $(561)  | $(547)  | $(14175)  | $(1599)  | $8093  |
| **Net cash provided by operating activities** | $(2881)  | $(525)  | $(557)  | $(561)  | $(547)  | $(14175)  | $(1599)  | $8093  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $4836  |  |  |  |  | $29396  |  | $35386  |
| **Net cash provided by investing activities** |  |  |  |  | $-  |  | $-  |  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** |  |  |  |  |  |  |  |  |
| **Net cash provided by financing activities** |  |  |  |  |  |  |  |  |
| **Net cash increase for period** | $(2881)  | $(525)  | $(557)  | $(561)  | $(547)  | $(14175)  | $(1599)  | $8093  |
| **Cash at beginning of period** | $282  | $-  | $462  | $507  | $316  | $547  | $564  | $3253  |
| **Cash at end of period** | $(2599)  | $(525)  | $(95)  | $(53)  | $(232)  | $(13629)  | $(1035)  | $11346  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-0001** | **VV-PNST** | **VV-STEML** | **VV-SUPR** | **VV-CHAM** | **VV-BDX** | **VV-MACAL** | **VV-SPAN** |
| **OPERATING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(3575)  | $(821)  | $739  | $(1273)  | $(1799)  | $(1465)  | $(966)  | $1045  |
| **Net cash provided by operating activities** | $(3575)  | $(821)  | $739  | $(1273)  | $(1799)  | $(1465)  | $(966)  | $1045  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $-  | $-  | $3386  | $-  | $6058  | $-  | $-  | $5820  |
| **Net cash provided by investing activities** | **$** **-**  | **$** **-**  | **$** **3386**  | **$** **-**  | **$** **6058**  | **$** **-**  | **$** **-**  | **$** **5820**  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Contributions** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net cash provided by financing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **Net cash increase for period** | $(3575)  | $(821)  | $4125  | $(1273)  | $4259  | $(1465)  | $(966)  | $6865  |
| **Cash at beginning of period** | $2997  | $1228  | $1289  | $1380  | $9501  | $1445  | $1445  | $1428  |
| **Cash at end of period** | **$** **(578)**  | **$** **407**  | **$** **5414**  | **$** **107**  | **$** **13760**  | **$** **(20)**  | **$** **479**  | **$** **8293**  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOWCK** | **VV-FUTUR** | **VV-DRC** | **VV-NAPA** | **VV-RHONE** | **VV-PTRS** | **VV-JPWY** | **VV-PDMT** |
| **OPERATING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(11302)  | $(1273)  | $(1557)  | $(1614)  | $1983  | $(330)  | $(2125)  | $(1756)  |
| **Net cash provided by operating activities** | $(11302)  | $(1273)  | $(1557)  | $(1614)  | $1983  | $(330)  | $(2125)  | $(1756)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $-  | $-  | $-  | $-  | $949  | $-  | $-  | $-  |
| **Net cash provided by investing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **949**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Contributions** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net cash provided by financing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **Net cash increase for period** | $(11302)  | $(1273)  | $(1557)  | $(1614)  | $2932  | $(330)  | $(2125)  | $(1756)  |
| **Cash at beginning of period** | $11743  | $1904  | $2329  | $6526  | $2601  | $493  | $3179  | $2627  |
| **Cash at end of period** | **$** **441**  | **$** **631**  | **$** **772**  | **$** **4912**  | **$** **5533**  | **$** **163**  | **$** **1054**  | **$** **871**  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOD10** | **VV-ROSE** | **VV-GPS** | **VV-LAF10** | **VV-JYFT** | **VV-MR19** | **VV-BDMA** | **VV-DRCH** |
| **OPERATING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(603)  | $(246)  | $(1466)  | $(1375)  | $(241)  | $(318)  | $2403  | $(602)  |
| **Net cash provided by operating activities** | $(603)  | $(246)  | $(1466)  | $(1375)  | $(241)  | $(318)  | $2403  | $(602)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $1067  | $553  | $-  | $-  | $-  | $-  | $9115  | $-  |
| **Net cash provided by investing activities** | **$** **1067**  | **$** **553**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **9115**  | **$** **-**  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Contributions** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net cash provided by financing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **Net cash increase for period** | $464  | $307  | $(1466)  | $(1375)  | $(241)  | $(318)  | $11517  | $(602)  |
| **Cash at beginning of period** | $1692  | $697  | $2193  | $2057  | $360  | $476  | $731  | $901  |
| **Cash at end of period** | **$** **2156**  | **$** **1004**  | **$** **727**  | **$** **682**  | **$** **119**  | **$** **158**  | **$** **12248**  | **$** **299**  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL50** | **VV-GERM** | **VV-LR15** | **VV-JSCV** | **VV-SCRV** | **VV-CDCV** | **VV-CB100** | **VV-KGC1** |
| **OPERATING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(1307)  | $(602)  | $(796)  | $(693)  | $(1489)  | $(323)  | $(648)  | $(852)  |
| **Net cash provided by operating activities** | $(1307)  | $(602)  | $(796)  | $(693)  | $(1489)  | $(323)  | $(648)  | $(852)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $-  | $-  | $-  | $-  | $-  | $346  | $-  | $-  |
| **Net cash provided by investing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **346**  | **$** **-**  | **$** **-**  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Contributions** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net cash provided by financing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **Net cash increase for period** | $(1307)  | $(602)  | $(796)  | $(693)  | $(1489)  | $23  | $(648)  | $(852)  |
| **Cash at beginning of period** | $1955  | $2046  | $1190  | $1037  | $2227  | $646  | $969  | $1276  |
| **Cash at end of period** | **$** **648**  | **$** **1443**  | **$** **394**  | **$** **344**  | **$** **738**  | **$** **669**  | **$** **321**  | **$** **424**  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-DRC15** | **VV-CHBL1** | **VV-BDXM1** | **VV-PFGV** | **VV-WBURG** | **VV-KGC2** | **VV-MACAL2** | **VV-MVRW** |
| **OPERATING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(864)  | $5346  | $(1434)  | $4089  | $1294  | $(1796)  | $(1193)  | $(1762)  |
| **Net cash provided by operating activities** | $(864)  | $5346  | $(1434)  | $4089  | $1294  | $(1796)  | $(1193)  | $(1762)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $-  | $14731  | $1678  | $6353  | $5235  | $-  | $-  | $-  |
| **Net cash provided by investing activities** | **$** **-**  | **$** **14731**  | **$** **1678**  | **$** **6353**  | **$** **5235**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Contributions** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net cash provided by financing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **Net cash increase for period** | $(864)  | $20077  | $244  | $10442  | $6529  | $(1796)  | $(1193)  | $(1762)  |
| **Cash at beginning of period** | $1292  | $510  | $3400  | $1393  | $2346  | $2686  | $1785  | $2635  |
| **Cash at end of period** | **$** **428**  | **$** **20587**  | **$** **3644**  | **$** **11835**  | **$** **8875**  | **$** **890**  | **$** **592**  | **$** **873**  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-DRCRC1** | **VV-CDVM** | **VV-MACAL3** | **VV-POM1** | **VV-BXEP21** | **VV-DRCH17** | **VV-MACFC** | **VV-BOW50** |
| **OPERATING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(1137)  | $(1137)  | $(1477)  | $(1481)  | $(2129)  | $(1000)  | $(750)  | $(682)  |
| **Net cash provided by operating activities** | $(1137)  | $(1137)  | $(1477)  | $(1481)  | $(2129)  | $(1000)  | $(750)  | $(682)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $-  | $-  | $-  | $-  | $1091  | $-  | $-  | $-  |
| **Net cash provided by investing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **1091**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Contributions** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** | $-  | $-  | $-  | $(1169)  | $-  | $-  | $-  | $-  |
| **Net cash provided by financing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **(1169)**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **Net cash increase for period** | $(1137)  | $(1137)  | $(1477)  | $(2651)  | $(1039)  | $(1000)  | $(750)  | $(682)  |
| **Cash at beginning of period** | $1700  | $1700  | $2210  | $1870  | $-  | $-  | $-  | $-  |
| **Cash at end of period** | **$** **564**  | **$** **564**  | **$** **733**  | **$** **(781)**  | **$** **(1039)**  | **$** **(1000)**  | **$** **(750)**  | **$** **(682)**  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-CCC1** | **VV-TLC1** | **VV-RTBC** | **VV-MARG1** | **VV-SAIC** | **VV-BDX2K** | **VV-DRCH14** | **VV-HAWV** |
| **OPERATING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(989)  | $(898)  | $(1159)  | $(1114)  | $701  | $13112  | $(818)  | $(602)  |
| **Net cash provided by operating activities** | $(989)  | $(898)  | $(1159)  | $(1114)  | $701  | $13112  | $(818)  | $(602)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $-  | $-  | $-  | $-  | $1836  | $24470  | $-  | $-  |
| **Net cash provided by investing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **1836**  | **$** **24470**  | **$** **-**  | **$** **-**  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Contributions** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net cash provided by financing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **Net cash increase for period** | $(989)  | $(898)  | $(1159)  | $(1114)  | $2537  | $37582  | $(818)  | $(602)  |
| **Cash at beginning of period** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Cash at end of period** | **$** **(989)**  | **$** **(898)**  | **$** **(1159)**  | **$** **(1114)**  | **$** **2537**  | **$** **37582**  | **$** **(818)**  | **$** **(602)**  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-MACAL4** | **VV-LAF19** | **VV-KGC3** | **VV-KGC4** | **VV-DP08** | **VV-DL19** | **VV-DRC09** | **VV-ITRC** |
| **OPERATING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(909)  | $(523)  | $(977)  | $(727)  | $(966)  | $(716)  | $(1193)  | $546  |
| **Net cash provided by operating activities** | $(909)  | $(523)  | $(977)  | $(727)  | $(966)  | $(716)  | $(1193)  | $546  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $3699  |
| **Net cash provided by investing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **3699**  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Contributions** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net cash provided by financing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **Net cash increase for period** | $(909)  | $(523)  | $(977)  | $(727)  | $(966)  | $(716)  | $(1193)  | $4245  |
| **Cash at beginning of period** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Cash at end of period** | **$** **(909)**  | **$** **(523)**  | **$** **(977)**  | **$** **(727)**  | **$** **(966)**  | **$** **(716)**  | **$** **(1193)**  | **$** **4245**  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-BOW2** | **VV-KCSK** | **VV-YAM1** | **VV-LBV1** | **VV-SCC1** | **VV-GUGL1** | **VV-DRCH19** | **VV-BOMA** |
| **OPERATING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(636)  | $-  | $(443)  | $(1159)  | $(677)  | $(243)  | $(2205)  | $(796)  |
| **Net cash provided by operating activities** | $(636)  | $-  | $(443)  | $(1159)  | $(677)  | $(243)  | $(2205)  | $(796)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $-  | $-  | $-  | $-  | $-  | $1697  | $-  | $-  |
| **Net cash provided by investing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **1697**  | **$** **-**  | **$** **-**  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Contributions** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net cash provided by financing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **Net cash increase for period** | $(636)  | $-  | $(443)  | $(1159)  | $(677)  | $1454  | $(2205)  | $(796)  |
| **Cash at beginning of period** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Cash at end of period** | **$** **(636)**  | **$** **-**  | **$** **(443)**  | **$** **(1159)**  | **$** **(677)**  | **$** **1454**  | **$** **(2205)**  | **$** **(796)**  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-KGC5** | **VV-CHJC** | **VV-HIB1** | **VV-HBC1** | **VV-LAT1** | **VV-SPAN2** | **VV-KGC6** | **VV-SCC2** |
| **OPERATING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(602)  | $(365)  | $(739)  | $(1387)  | $(751)  | $965  | $(739)  | $(1284)  |
| **Net cash provided by operating activities** | $(602)  | $(365)  | $(739)  | $(1387)  | $(751)  | $965  | $(739)  | $(1284)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $-  | $1147  | $-  | $-  | $594  | $4544  | $-  | $-  |
| **Net cash provided by investing activities** | **$** **-**  | **$** **1147**  | **$** **-**  | **$** **-**  | **$** **594**  | **$** **4544**  | **$** **-**  | **$** **-**  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Contributions** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net cash provided by financing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **Net cash increase for period** | $(602)  | $781  | $(739)  | $(1387)  | $(157)  | $5510  | $(739)  | $(1284)  |
| **Cash at beginning of period** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Cash at end of period** | **$** **(602)**  | **$** **781**  | **$** **(739)**  | **$** **(1387)**  | **$** **(157)**  | **$** **5510**  | **$** **(739)**  | **$** **(1284)**  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-GCW1** | **VV-MACAL5** | **VV-HCC1** | **VV-CALC1** | **VV-MACAL6** | **VV-RBV1** | **VV-SUPR2** | **VV-AMW1** |
| **OPERATING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $630  | $(2443)  | $(1341)  | $(1137)  | $(1284)  | $2383  | $1052  | $(1477)  |
| **Net cash provided by operating activities** | $630  | $(2443)  | $(1341)  | $(1137)  | $(1284)  | $2383  | $1052  | $(1477)  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $2993  | $-  | $-  | $-  | $-  | $4958  | $3549  | $-  |
| **Net cash provided by investing activities** | **$** **2993**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **4958**  | **$** **3549**  | **$** **-**  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Contributions** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net cash provided by financing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  |
| **Net cash increase for period** | $3622  | $(2443)  | $(1341)  | $(1137)  | $(1284)  | $7341  | $4601  | $(1477)  |
| **Cash at beginning of period** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Cash at end of period** | **$** **3622**  | **$** **(2443)**  | **$** **(1341)**  | **$** **(1137)**  | **$** **(1284)**  | **$** **7341**  | **$** **4601**  | **$** **(1477)**  |

---

------

---

| |
|:---|
| &nbsp;&nbsp;**VV MARKETS, LLC** |
| &nbsp;&nbsp;**STATEMENT OF CASH FLOWS (BY-SERIES)** |
| &nbsp;&nbsp;**For the calendar year ended December 31, 2024** |
| &nbsp;&nbsp;**See accompanying Independent Auditor's report and Notes to these Financial Statements** |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **VV-JPNW** | **VV-KKCSK** | **VV-RUM1** | **VV-HPHH** | **VV-RB22** | **VV-CHAM2** | **VV-BURGS1** | **VV-CDP1** |
| **OPERATING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net Income** | $(568)  | $-  | $(932)  | $(1023)  | $(636)  | $(1102)  | $(15835)  | $(11288)  |
| **Net cash provided by operating activities** | $(568)  | $-  | $(932)  | $(1023)  | $(636)  | $(1102)  | $(15835)  |  |
| **INVESTING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Collectible Assets** | $-  | $-  | $-  | $-  | $-  | $-  | $(83602)  | $(45460)  |
| **Net cash provided by investing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **(83602)**  | **$** **(45460)**  |
| **FINANCING ACTIVITIES** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Contributions** | $-  | $-  | $-  | $-  | $-  | $-  | $100000  | $60000  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Membership Distributions/Dividends** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Net cash provided by financing activities** | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **-**  | **$** **100000**  | **$** **60000**  |
| **Net cash increase for period** | $(568)  | $-  | $(932)  | $(1023)  | $(636)  | $(1102)  | $564  | $14540  |
| **Cash at beginning of period** | $-  | $-  | $-  | $-  | $-  | $-  | $-  | $-  |
| **Cash at end of period** | **$** **(568)**  | **$** **-**  | **$** **(932)**  | **$** **(1023)**  | **$** **(636)**  | **$** **(1102)**  | **$** **564**  | **$** **14540**  |

---

------

**VV MARKETS, LLC AND SERIES LLCS**

 **NOTES TO FINANCIAL STATEMENTS** 

 **As of and for the periods ended December 31, 2024 and 2023** <br> **See accompanying Independent Auditors' report** 

**NOTE 1: NATURE OF OPERATIONS**

VV Markets, LLC (the "Company") is a Delaware series limited liability company formed on June 16, 2020. VinVesto Inc. is the sole owner of interests of the Company (other than interests issued in a particular series to other investors). The Company was formed to acquire and manage fine wines, spirits, and other wine related entities. It is expected that the Company will create a number of separate series of interests (the "Series" or "Series of Interests") and that each collection will be owned by a separate Series, and that the assets and liabilities of each Series will be separate in accordance with Delaware law. Investors acquire membership interests (the "Interests") in each Series and will be entitled to share in the return of that particular Series, but will not be entitled to share in the return of any other Series.

The Company's managing member is VinVesto, Inc. (the "Manager"). The Manager is a Delaware corporation formed on June 16th, 2020. The Manager is a technology and marketing company that operates the VinVesto platform ("Platform") and manages the Company and the assets owned by the Company in its roles as the Manager and manager of the assets of each Series (the "Asset Manager").

Although the Company has commenced its planned principal operations, it will continue to incur significant additional expenses. The Company is dependent upon additional capital resources for the commencement of its planned principal operations and is subject to significant risks and uncertainties; including failing to secure funding to operationalize the Company's planned operations or failing to profitably operate the business.

The Company has and intends to sell Interests in a number of separate individual Series of the Company. Investors in any Series acquire a proportional share of income and liabilities as they pertain to a particular Series, and the sole assets and liabilities of any given Series at the time of an offering related to that particular Series a collection of assets, (plus any cash reserves for future operating expenses). All voting rights, except as specified in the operating agreement or required by law remain with the Manager (e.g., determining the type and quantity of general maintenance and other expenses required, determining how to best commercialize the applicable Series assets, evaluating potential sale offers and the liquidation of a Series). The Manager manages the ongoing operations of each Series in accordance with the operating agreement of the Company, as amended and restated from time to time (the "Operating Agreement"). The Company and each Series shall have perpetual existence unless terminated pursuant to the Operating Agreement or law. Once all assets owned by the Series have been sold the Series will be terminated.

OPERATING AGREEMENT

In accordance with the Operating Agreement each interest holder in a Series grants a power of attorney to the Manager. The Manager has the right to appoint officers of the Company and each Series.

After the closing of an offering, each Series is responsible for its own Operating expenses (as defined in Note 2(5)). Prior to the closing, Operating expenses are borne by the Manager and not reimbursed by the economic members. Should post-closing Operating expenses exceed revenues or cash reserves then the Manager may (a) pay such Operating expenses and not seek reimbursement, (b) loan the amount of the Operating expenses to the series and be entitled to reimbursement of such amount from future revenues generated by the series ("Operating expenses Reimbursement Obligation(s)"), on which the Manager may impose a reasonable rate of interest, and/or (c) cause additional Interests to be issued in order to cover such additional amounts, which Interests may be issued to existing or new investors, which may include the Manager or its affiliates.

------

**NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES**

Basis of Presentation

The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (GAAP).

Use of Estimates

The preparation of the balance sheet in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the balance sheet and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Cash Equivalents and Concentration of Cash Balance

The Company considers all highly liquid securities with an original maturity of less than three months to be cash equivalents. The Company's cash and cash equivalents in bank deposit accounts, at times, may exceed federally insured limits.

Offering Expenses

Offering expenses relate to the offering for a specific Series and consist of underwriting, legal, accounting, escrow, compliance, filing and other expenses incurred through the balance sheet date that are directly related to a proposed offering and will generally be charged to members' equity upon the completion of the proposed offering. Offering expenses that are incurred prior to the closing of an offering for such Series, are being funded by the Manager and will generally be reimbursed through the proceeds of the offering related to the Series. Should the proposed offering prove to be unsuccessful, these costs, as well as additional expenses to be incurred, will be charged to the Manager.

Operating Expenses

Operating expenses related to a particular collection of assets are costs and expenses attributable to the assets of a particular Series and include storage, insurance, transportation (other than the initial transportation from the card location to the Manager's storage facility prior to the offering, which is treated as an "Acquisition Expense", as defined below), annual audit and legal expenses and other specific expenses as detailed in the Manager's allocation policy. We distinguish between pre-closing and post-closing Operating expenses. Operating expenses are expensed as incurred.

Except as disclosed with respect to any future offering, expenses of this nature that are incurred prior to the closing of an offering of Series of Interests are funded by the Manager and are not reimbursed by the Company, Series or economic members. These are accounted for as capital contributions by the Manager for expenses related to the business of the Company or a Series.

Income Taxes

The Company intends that the master series and separate Series will elect and qualify to be taxed as a C-corporation under the Internal Revenue Code. The separate Series will comply with the accounting and disclosure requirement of ASC Topic 740, "Income Taxes," which requires an asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are computed for differences between the financial statement and tax bases of assets and liabilities that will result in future taxable or deductible amounts, based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. Valuation allowances are established, when necessary, to reduce deferred tax assets to the amount expected to be realized.

------

**NOTE 3 - RELATED PARTY TRANSACTIONS**

The Company, a Delaware series limited liability company, whose managing member is the Manager, will admit additional members to each of its series through the offerings for each series. By purchasing an Interest in a Series of Interests, the investor is admitted as a member of the Company and will be bound by the Company's Operating Agreement. Under the Operating Agreement, each investor grants a power of attorney to the Manager. The Operating Agreement provides that the Manager with the ability to appoint officers.

**NOTE 4 - ASSET ACQUISITIONS**

In 2025, no series of the Company made asset acquisitions.

In 2024, the following series of the Company made the following acquisitions:

---

| | | |
|:---|:---|:---|
|  | **Assets Acquired** | **Amount Due to Seller** |
| **VV-CDP1** | $45459.63  | $-  |

---

**NOTE 5 - REVENUE, EXPENSE AND COST ALLOCATION METHODOLOGY**

The Company distinguishes expenses and costs between those related to the purchase of a particular collection of assets and Operating expenses related to the management of such collectible assets.

General and administrative expenses related to the purchase of an underlying collection of assets include the offering expenses, Acquisition Expenses, Brokerage Fee, Sourcing Fee, and Audit and Tax Expenses. As of December 31, 2025, and December 31, 2024, VinVesto, Inc. incurred costs of $64,800 and $141,598, respectively.

Within Operating expenses, the Company distinguishes between Operating expenses incurred prior to the closing of an offering and those incurred after the close of an offering. Although these pre- and post- closing Operating expenses are similar in nature and consist of expenses such as storage, insurance, transportation and maintenance, pre-closing Operating expenses are borne by the Manager and are not expected to be reimbursed by the Company or the economic members. Post-closing Operating expenses are the responsibility of each Series of Interest and may be financed through (i) revenues generated by the Series or cash reserves at the Series and/or (ii) contributions made by the Manager, for which the Manager does not seek reimbursement or (iii) loans by the Manager, for which the Manager may charge a reasonable rate of interest or (iv) issuance of additional Interest in a Series.

Revenue from the anticipated commercialization of the collections will be allocated amongst the Series whose underlying assets are part of the commercialization events, based on the value of the underlying assets. For the twelve months ended December 31, 2025, our Series generated $1,510,013 in revenues from fifty-nine of the Series. For the twelve months ended December 31, 2024, our Series generated $164,889 in revenues from twenty-four of the Series.

Offering expenses, other than those related to the overall business of the Manager (as described in Note 2) are funded by the Manager and generally reimbursed through the Series proceeds upon the closing of an offering.

The Sourcing Fee is paid to the Manager from the Series proceeds upon the close of an offering.

------

The Series incurred the following revenue and expenses:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Operating Expenses for the year ended December 31, 2025** | **Operating Expenses for the year ended December 31, 2025** | **Operating Expenses for the year ended December 31, 2025** | **Operating Expenses for the year ended December 31, 2025** | **Operating Expenses for the year ended December 31, 2025** | **Operating Expenses for the year ended December 31, 2025** | **Operating Expenses for the year ended December 31, 2025** | **Operating Expenses for the year ended December 31, 2025** |
| **Series** | **Revenue ($)** | **Cost of** | **Expenses** | **Expenses** | **Expenses** | **Expenses** | **Net Income /** |
|  |  | **Goods** | **Expenses** | **Expenses** | **Expenses** | **Expenses** | **(Loss) ($)** |
| **Series** | **Revenue ($)** | **Cost of Goods Sold** | **Storage and Insurance ($)** | **Broker Dealer and Transfer Agent ($)** | **Audit and Tax ($)** | **Sourcing Fee ($)** | **Net Income / Loss ($)** |
| **VV-0001** | 0 | 0 | 0 | 238 | 408 | 0 | 685 |
| **VV-PNST** | 2354 | 2410 | 0 | 238 | 408 | 0 | -609 |
| **VV-STEML** | 35338 | 43625 | 0 | 238 | 414 | 0 | -9188 |
| **VV-SUPR** | 0 | 6764 | 0 | 238 | 423 | 0 | -7394 |
| **VV-CHAM** | 13209 | 9844 | 0 | 238 | 428 | 0 | 2119 |
| **VV-BDX** | 12495 | 21751 | 0 | 238 | 430 | 0 | -9889 |
| **VV-MACAL** | 0 | 0 | 0 | 238 | 430 | 0 | -559 |
| **VV-SPAN** | 8081 | 11874 | 0 | 238 | 428 | 0 | -4950 |
| **VV-BOWCK** | 0 | 0 | 0 | 238 | 446 | 0 | -441 |
| **VV-FUTUR** | 1120 | 990 | 0 | 238 | 477 | 0 | -439 |
| **VV-DRC** | 0 | 0 | 0 | 238 | 521 | 0 | -579 |
| **VV-NAPA** | 0 | 0 | 0 | 238 | 530 | 0 | -836 |
| **VV-RHONE** | 10824 | 28484 | 0 | 238 | 549 | 0 | -18569 |
| **VV-PTRS** | 0 | 0 | 0 | 238 | 332 | 0 | -537 |
| **VV-JPWY** | 0 | 0 | 0 | 238 | 608 | 0 | -598 |
| **VV-PDMT** | 33961 | 54702 | 0 | 238 | 551 | 0 | -21327 |
| **VV-BOD10** | 8067 | 12386 | 0 | 238 | 455 | 0 | -4994 |
| **VV-ROSE** | 5969 | 6559 | 0 | 238 | 353 | 0 | -1185 |
| **VV-GPS** | 0 | 0 | 0 | 238 | 507 | 0 | -576 |
| **VV-LAF10** | 38143 | 74799 | 0 | 238 | 493 | 0 | -37228 |
| **VV-JYFT** | 1686 | 1200 | 0 | 238 | 318 | 0 | -48 |
| **VV-MR19** | 13834 | 23035 | 0 | 238 | 330 | 0 | -9738 |
| **VV-BDMA** | 17890 | 16512 | 0 | 238 | 356 | 0 | 3 |
| **VV-DRCH** | 0 | 0 | 0 | 238 | 374 | 0 | -546 |
| **VV-MACAL50** | 0 | 0 | 0 | 238 | 482 | 0 | -570 |
| **VV-GERM** | 0 | 0 | 0 | 238 | 374 | 0 | -625 |
| **VV-LR15** | 0 | 0 | 0 | 238 | 404 | 0 | -553 |
| **VV-JSCV** | 8690 | 13150 | 0 | 238 | 388 | 0 | -5009 |
| **VV-SCRV** | 0 | 0 | 0 | 238 | 510 | 0 | -577 |
| **VV-CDCV** | 6332 | 12134 | 0 | 238 | 348 | 0 | -6374 |
| **VV-CB100** | 43117 | 43742 | 0 | 238 | 381 | 0 | -1172 |
| **VV-KGC1** | 0 | 0 | 0 | 238 | 412 | 0 | -555 |
| **VV-DRC15** | 0 | 0 | 0 | 238 | 414 | 0 | -555 |
| **VV-CHBL1** | 1544 | 3291 | 0 | 238 | 334 | 0 | -3773 |
| **VV-BDXM1** | 55639 | 51218 | 0 | 238 | 631 | 0 | 3643 |
| **VV-PFGV** | 41550 | 41819 | 0 | 238 | 425 | 0 | -1615 |
| **VV-WBURG** | 8060 | 11352 | 0 | 238 | 523 | 0 | -4433 |
| **VV-KGC2** | 18000 | 93309 | 0 | 238 | 558 | 0 | -75896 |
| **VV-MACAL2** | 0 | 0 | 0 | 238 | 465 | 0 | -566 |
| **VV-MVRW** | 55000 | 108243 | 0 | 238 | 552 | 0 | -53829 |
| **VV-DRCRC1** | 0 | 0 | 0 | 238 | 456 | 0 | -564 |
| **VV-CDVM** | 13484 | 32221 | 0 | 238 | 456 | 0 | -19302 |
| **VV-MACAL3** | 0 | 0 | 0 | 238 | 509 | 0 | -576 |
| **VV-POM1** | 0 | 0 | 0 | 238 | 474 | 0 | -750 |
| **VV-BXEP21** | 29546 | 33802 | 0 | 238 | 683 | 0 | -4980 |
| **VV-DRCH17** | 0 | 0 | 0 | 238 | 435 | 0 | -650 |
| **VV-MACFC** | 0 | 0 | 0 | 238 | 397 | 0 | -551 |
| **VV-BOW50** | 22000 | 37500 | 0 | 238 | 386 | 0 | -16049 |
| **VV-CCC1** | 14258 | 28196 | 0 | 238 | 433 | 0 | -14498 |
| **VV-TLC1** | 27679 | 28578 | 0 | 238 | 419 | 0 | -1455 |
| **VV-RTBC** | 0 | 0 | 0 | 238 | 460 | 0 | -565 |
| **VV-MARG1** | 53292 | 61653 | 0 | 238 | 453 | 0 | -8925 |
| **VV-SAIC** | 19415 | 17077 | 0 | 238 | 400 | 0 | 1556 |
| **VV-BDX2K** | 100427 | 115362 | 0 | 238 | 589 | 0 | -18272 |
| **VV-DRCH14** | 0 | 0 | 0 | 238 | 407 | 0 | -554 |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **VV-HAWV** | 0 | 0 | 0 | 238 | 374 | 0 | -546 |
| **VV-MACAL4** | 22000 | 56216 | 0 | 238 | 421 | 0 | -34773 |
| **VV-LAF19** | 0 | 0 | 0 | 238 | 362 | 0 | -543 |
| **VV-KGC3** | 24000 | 78000 | 0 | 238 | 432 | 0 | -54559 |
| **VV-KGC4** | 20500 | 42250 | 0 | 238 | 393 | 0 | -22300 |
| **VV-DP08** | 55007 | 71996 | 0 | 238 | 430 | 0 | -17548 |
| **VV-DL19** | 11591 | 15912 | 0 | 238 | 391 | 0 | -4871 |
| **VV-DRC09** | 0 | 0 | 0 | 238 | 465 | 0 | -566 |
| **VV-ITRC** | 6933 | 11277 | 0 | 238 | 409 | 0 | -5250 |
| **VV-BOW2** | 27000 | 39172 | 0 | 238 | 379 | 0 | -12719 |
| **VV-KCSK** | 0 | 0 | 0 | 238 | 281 | 0 | -525 |
| **VV-YAM1** | 10000 | 25558 | 0 | 238 | 349 | 0 | -16099 |
| **VV-LBV1** | 60994 | 65568 | 0 | 238 | 460 | 0 | -5138 |
| **VV-SCC1** | 0 | 0 | 0 | 238 | 385 | 0 | -549 |
| **VV-GUGL1** | 4141 | 8141 | 0 | 238 | 388 | 0 | -4698 |
| **VV-DRCH19** | 0 | 0 | 0 | 238 | 620 | 0 | -601 |
| **VV-BOMA** | 7043 | 18966 | 0 | 238 | 404 | 0 | -12476 |
| **VV-KGC5** | 11300 | 45900 | 0 | 238 | 374 | 0 | -35146 |
| **VV-CHJC** | 25098 | 23029 | 0 | 238 | 402 | 0 | 1409 |
| **VV-HIB1** | 17000 | 52858 | 0 | 238 | 395 | 0 | -36409 |
| **VV-HBC1** | 28181 | 43660 | 0 | 238 | 495 | 0 | -16052 |
| **VV-LAT1** | 19106 | 18995 | 0 | 238 | 425 | 0 | -501 |
| **VV-SPAN2** | 26841 | 25974 | 0 | 238 | 407 | 0 | -126 |
| **VV-KGC6** | 24000 | 55000 | 0 | 238 | 395 | 0 | -31551 |
| **VV-SCC2** | 0 | 0 | 0 | 238 | 479 | 0 | -570 |
| **VV-GCW1** | 4464 | 5286 | 0 | 238 | 373 | 0 | -1660 |
| **VV-MACAL5** | 88000 | 173696 | 0 | 238 | 657 | 0 | -86305 |
| **VV-HCC1** | 0 | 0 | 0 | 238 | 488 | 0 | -571 |
| **VV-CALC1** | 37019 | 45253 | 0 | 238 | 456 | 0 | -8799 |
| **VV-MACAL6** | 38000 | 87120 | 0 | 238 | 479 | 0 | -49690 |
| **VV-RBV1** | 57946 | 58041 | 0 | 238 | 447 | 0 | -1241 |
| **VV-SUPR2** | 31450 | 34572 | 0 | 238 | 368 | 0 | -4025 |
| **VV-AMW1** | 59250 | 105806 | 0 | 238 | 509 | 0 | -47132 |
| **VV-JPNW** | 2500 | 4836 | 0 | 238 | 369 | 0 | -2881 |
| **VV-KKCSK** | 0 | 0 | 0 | 238 | 281 | 0 | -525 |
| **VV-RUM1** | 0 | 0 | 0 | 238 | 425 | 0 | -557 |
| **VV-HPHH** | 0 | 0 | 0 | 238 | 439 | 0 | -561 |
| **VV-RB22** | 0 | 0 | 0 | 238 | 379 | 0 | -547 |
| **VV-CHAM2** | 25415 | 39027 | 0 | 238 | 451 | 0 | -14175 |
| **VV-BURGS1** | 0 | 1034 | 0 | 238 | 456 | 0 | -1599 |
| **VV-CDP1** | 44230 | 35386 | 0 | 238 | 386 | 0 | 8093 |
| **TOTAL** | 1510013 | 2336114 | 0 | 22800 | 42000 | 0 | -890901 |

---

------

**NOTE 6 - SERIES OFFERINGS**

As part of the Regulation A securities offering, the Company issues securities for the underlying Series to finance the acquisition of the assets. Since inception, the Series have issued the following interests:

---

| | | |
|:---|:---|:---|
| **Series** | **Weighted average membership interest (units)** | **Subscriptions ($)** |
| VV-PNST | 2000 | $46000 |
| VV-SUPR | 1986 | $71496 |
| VV-CHAM | 1460 | $73000 |
| VV-STEML | 6450 | $64500 |
| VV-MACAL | 1700 | $85000 |
| VV-BOWCK | 2000 | $94000 |
| VV-FUTUR | 1600 | $112000 |
| VV-BDX | 2125 | $85000 |
| VV-SPAN | 1400 | $84000 |
| VV-DRC | 5480 | $137000 |
| VV-NAPA | 2840 | $142000 |
| VV-RHONE | 3825 | $153000 |
| VV-PDMT | 3090 | $154500 |
| VV-JPWY | 5500 | $187000 |
| VV-PTRS | 500 | $29000 |
| VV-ROSE | 1000 | $41000 |
| VV-BOD10 | 1990 | $99500 |
| VV-WBURG | 4600 | $138000 |
| VV-GERM | 1000 | $53000 |
| VV-LAF10 | 1210 | $121000 |
| VV-MACAL50 | 5750 | $115000 |
| VV-JYFT | 800 | $24000 |
| VV-GPS | 3000 | $129000 |
| VV-BDMA | 860 | $43000 |
| VV-CDCV | 760 | $38000 |
| VV-DRCH | 530 | $53000 |
| VV-MR19 | 280 | $28000 |
| VV-SCRV | 1310 | $131000 |
| VV-BDXM1 | 4000 | $200000 |
| VV-CB100 | 570 | $57000 |
| VV-JSCV | 610 | $61000 |
| VV-KGC1 | 1500 | $75000 |
| VV-LR15 | 700 | $70000 |
| VV-PFGV | 1640 | $82000 |
| VV-BDX2K | 1760 | $176000 |
| VV-BXEP21 | 4600 | $230000 |
| VV-CDVM | 1000 | $100000 |
| VV-CHBL1 | 600 | $30000 |
| VV-DRC15 | 760 | $76000 |
| VV-DRCRC1 | 1000 | $100000 |
| VV-KGC2 | 1580 | $158000 |
| VV-MACAL2 | 1050 | $105000 |
| VV-MACAL3 | 1300 | $130000 |
| VV-MVRM | 3100 | $155000 |
| VV-POM1 | 1100 | $110000 |
| VV-BOW50 | 600 | $60000 |
| VV-CCC1 | 870 | $87000 |
| VV-DL19 | 630 | $63000 |
| VV-DRCH17 | 880 | $88000 |
| VV-HAWV | 1060 | $53000 |
| VV-LAF19 | 920 | $46000 |
| VV-MACFC | 1320 | $66000 |
| VV-MARG1 | 980 | $98000 |
| VV-RTBC | 1020 | $102000 |
| VV-SAIC | 680 | $68000 |
| VV-TLC1 | 790 | $79000 |
| VV-BOW2 | 1120 | $56000 |
| VV-DP08 | 1700 | $85000 |

---

---

| | | |
|:---|:---|:---|
| VV-DRC09 | 1050 | $105000 |
| VV-DRCH14 | 1440 | $72000 |
| VV-DRCH19 | 1940 | $194000 |
| VV-ITRC | 1460 | $73000 |
| VV-KCSK | 3150 | $315000 |
| VV-KGC3 | 860 | $86000 |
| VV-KGC4 | 1280 | $64000 |
| VV-MACAL4 | 800 | $80000 |
| VV-YAM1 | 780 | $39000 |
| VV-BOMA | 700 | $70000 |
| VV-CHJC | 690 | $69000 |
| VV-GUGL1 | 610 | $61000 |
| VV-HBC1 | 1220 | $122000 |
| VV-HIB1 | 650 | $65000 |
| VV-KGC5 | 530 | $53000 |
| VV-LAT1 | 820 | $82000 |
| VV-LBV1 | 1020 | $102000 |
| VV-RBV1 | 950 | $95000 |
| VV-SCC1 | 595 | $59500 |
| VV-SPAN2 | 720 | $72000 |
| VV-KGC6 | 650 | $65000 |
| VV-AMW1 | 1300 | $130000 |
| VV-BURGS1 | 1000 | $100000 |
| VV-CALC1 | 1000 | $100000 |
| VV-CHAM2 | 970 | $97000 |
| VV-GCW1 | 525 | $52500 |
| VV-HCC1 | 1180 | $118000 |
| VV-MACAL5 | 2150 | $215000 |
| VV-MACAL6 | 1130 | $113000 |
| VV-PNTC1 | 690 | $69000 |
| VV-SCC2 | 1130 | $113000 |
| VV-SUPR2 | 495 | $49500 |
| VV-RB22 | 560 | $56000 |
| VV-KKCSK | 1250 | $125000 |
| VV-CDP1 | 600 | $60000 |
| VV-RUM1 | 820 | $82000 |
| VV-HPHH | 900 | $90000 |
| VV-JPNW | 500 | $50000 |
| VV-BURGS1 | 1000 | $100000 |
| VV-CDP1 | 600 | $60000 |

---

------

**Note 7 - GOING CONCERN**

The accompanying balance sheet has been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company's ability to continue as a going concern in the next twelve months is dependent upon its ability to obtain capital financing from investors sufficient to meet current and future obligations and deploy such capital to produce profitable operating results. No assurance can be given that the Company will be successful in these efforts. These factors, among others, raise substantial doubt about the ability of the Company to continue as a going concern for a reasonable period of time. The balance sheet does not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

**NOTE 8 - SUBSEQUENT EVENTS**

Continued Securities Offering

The Company intends to issue continue issuing securities of the underlying series in a securities offering meant to be exempt from US Securities and Exchange Commission registration under Regulation A.

Management Evaluation

Management has evaluated all subsequent events through April 1, 2026, the date the financial statements were available to be issued. There are no additional material events requiring disclosure or adjustment to the financial statements.

------

**Item 8. Exhibits**

The documents listed in the Exhibit Index of this Annual Report are incorporated by reference or are filed with this Annual Report, in each case as indicated below.

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 2.1 | [Certificate of Formation of VV Markets, LLC](http://www.sec.gov/Archives/edgar/data/1822911/000182291120000001/vvmdelart0616204.txt)^ |
| 2.2 | [Limited Liability Company Agreement of VV Markets LLC](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000557/vvml_ex2z2.htm)^^ |
| 3.1 | [Series Designation for Series VV-0001 Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000557/vvml_ex3z1.htm)^^ |
| 3.2 | [Series Designation for Series VV PNST Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000998/vvml_ex3z2.htm)^^^ |
| 3.3 | [Series Designation for Series VV-SUPR Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000998/vvml_ex3z3.htm)^^^ |
| 3.4 | [Series Designation for Series VV-STEML Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000998/vvml_ex3z4.htm)^^^ |
| 3.5 | [Series Designation for Series VV-MACAL Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621001681/vvml_ex3z5.htm)\*\*\* |
| 3.6 | [Series Designation for Series VV-BOWCK Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621001681/vvml_ex3z6.htm)\*\*\* |
| 3.7 | [Series Designation for Series VV-FUTUR Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621001681/vvml_ex3z7.htm)\*\*\* |
| 3.8 | [Series Designation for Series VV-BDX Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621001681/vvml_ex3z8.htm)\*\*\* |
| 3.9 | [Series Designation for Series VV-SPAN Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621001681/vvml_ex3z9.htm)\*\*\* |
| 3.10 | [Series Designation for Series VV-DRC Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex3z10.htm)\* |
| 3.11 | [Series Designation for Series VV-NAPA Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex3z11.htm)\* |
| 3.12 | [Series Designation for Series VV-RHONE Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex3z12.htm)\* |
| 3.13 | [Series Designation for Series VV-PDMT Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex3z13.htm)\* |
| 3.14 | [Series Designation for Series VV-JPWY Interests](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex3z14.htm)\* |
| 3.15 | [Series Designation for Series VV-PTRS](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex3z15.htm)\* |
| 3.16 | [Series Designation for VV-ROSE](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000619/vvml_ex3z16.htm)++ |
| 3.17 | [Series Designation for VV-BOD10](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000619/vvml_ex3z17.htm)++ |
| 3.18 | [Series Designation for VV-WBURG](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000619/vvml_ex3z18.htm)++ |
| 3.19 | [Series Designation for VV-GERM](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000894/vvml_ex3z19.htm)+ |
| 3.20 | [Series Designation for VV-LAF10](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000619/vvml_ex3z20.htm)++ |
| 3.21 | [Series Designation for VV-MACAL50](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000619/vvml_ex3z21.htm)++ |
| 3.22 | [Series Designation for VV-JYFT](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000619/vvml_ex3z22.htm)++ |
| 3.23 | [Series Designation for VV-GPS](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000619/vvml_ex3z23.htm)++ |
| 3.24 | [Series Designation for VV-CHAM^^^](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000998/vvml_ex3z5.htm) |
| 3.25 | [Series Designation for VV-BDMA](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex3z25.htm)<sup>[+++](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex3z25.htm)</sup> |
| 3.26 | [Series Designation for VV-CDCV](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex3z26.htm)<sup>[+++](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex3z26.htm)</sup> |
| 3.27 | [Series Designation for VV-DRCH](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex3z27.htm)<sup>[+++](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex3z27.htm)</sup> |
| 3.28 | [Series Designation for VV-MR19](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex3z28.htm)<sup>[+++](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex3z28.htm)</sup> |
| 3.29 | [Series Designation for VV-SCRV](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex3z29.htm)<sup>[+++](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex3z29.htm)</sup> |
| 3.30 | [Series Designation for VV-BDXM1](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex3z30.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex3z30.htm)#</sup> |
| 3.31 | [Series Designation for VV-CB100](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex3z31.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex3z31.htm)#</sup> |
| 3.32 | [Series Designation for VV-JSCV](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex3z32.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex3z32.htm)#</sup> |
| 3.33 | [Series Designation for VV-KGC1](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex3z33.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex3z33.htm)#</sup> |
| 3.34 | [Series Designation for VV-LR15](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex3z34.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex3z34.htm)#</sup> |
| 3.35 | [Series Designation for VV-PFGV](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex3z35.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex3z35.htm)#</sup> |
| 3.36 | [Series Designation for VV-BDX2K](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z36.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z36.htm)</sup> |
| 3.37 | [Series Designation for VV-BXEP21](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z37.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z37.htm)</sup> |
| 3.38 | [Series Designation for VV-CDVM](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z38.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z38.htm)</sup> |
| 3.39 | [Series Designation for VV-CHBL1](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z39.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z39.htm)</sup> |
| 3.40 | [Series Designation for VV-DRC15](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z40.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z40.htm)</sup> |
| 3.41 | [Series Designation for VV-DRCRC1](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z41.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z41.htm)</sup> |
| 3.42 | [Series Designation for VV-KGC2](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z42.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z42.htm)</sup> |
| 3.43 | [Series Designation for VV-MACAL2](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z43.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z43.htm)</sup> |
| 3.44 | [Series Designation for VV-MACAL3](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z44.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z44.htm)</sup> |
| 3.45 | [Series Designation for VV-MVRW](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z45.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z45.htm)</sup> |
| 3.46 | [Series Designation for VV-POM1](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z46.htm)<sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex3z46.htm)</sup> |
| 3.47 | [Series Designation for VV-BOW50](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002846/vvml_ex3z47.htm)<sup>[@@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002846/vvml_ex3z47.htm)</sup> |
| 3.48 | [Series Designation for VV-CCC1](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z48.htm)<sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z48.htm)</sup> |
| 3.49 | [Series Designation for VV-DL19](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z49.htm)<sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z49.htm)</sup> |
| 3.50 | [Series Designation for VV-DRCH17](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z50.htm)<sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z50.htm)</sup> |
| 3.51 | [Series Designation for VV-LAF19](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z51.htm)<sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z51.htm)</sup> |

---

------

3.52 [Series Designation for VV-MACFC](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z52.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z52.htm)</sup>

3.53 [Series Designation for VV-MARG1](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z53.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z53.htm)</sup>

3.54 [Series Designation for VV-RTBC](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z54.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z54.htm)</sup>

3.55 [Series Designation for VV-SAIC](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z55.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z55.htm)</sup>

3.56 [Series Designation for VV-TLC1](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z56.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z56.htm)</sup>

3.57 [Series Designation for VV-HAWV](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z57.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z57.htm)</sup>

3.58 [Series Designation for VV-BOW2†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex3z58.htm)

3.59 [Series Designation for VV-DP08†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex3z59.htm)

3.60 [Series Designation for VV-DRC09†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex3z60.htm)

3.61 [Series Designation for VV-DRCH14†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex3z61.htm)

3.62 [Series Designation for VV-DRCH19†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex3z62.htm)

3.63 [Series Designation for VV-ITRC†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex3z63.htm)

3.64 [Series Designation for VV-KCSK†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex3z64.htm)

3.65 [Series Designation for VV-KGC3†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex3z65.htm)

3.66 [Series Designation for VV-KGC4†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex3z66.htm)

3.67 [Series Designation for VV-MACAL4†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex3z67.htm)

3.68 [Series Designation for VV-YAM1†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex3z68.htm)

3.69 [Series Designation for VV-BOMA](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex3z69.htm) <sup>=</sup>

3.70 [Series Designation for VV-CHJC](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex3z70.htm) <sup>=</sup>

3.71 [Series Designation for VV-GUGL1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex3z71.htm) <sup>=</sup>

3.72 [Series Designation for VV-HBC1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex3z72.htm) <sup>=</sup>

3.73 [Series Designation for VV-HIB1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex3z73.htm) <sup>=</sup>

3.74 [Series Designation for VV-KGC5](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex3z74.htm) <sup>=</sup>

3.75 [Series Designation for VV-LAT1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex3z75.htm) <sup>=</sup>

3.76 [Series Designation for VV-LBV1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex3z76.htm) <sup>=</sup>

3.77 [Series Designation for VV-RBV1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex3z77.htm) <sup>=</sup>

3.78 [Series Designation for VV-SCC1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex3z78.htm) <sup>=</sup>

3.79 [Series Designation for VV-SPAN2](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex3z79.htm) <sup>=</sup>

3.80 [Series Designation for VV-KGC6](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex3z80.htm) <sup>=</sup>

3.81 [Series Designation for VV-AMW1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z81.htm) <sup>[(=)](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z81.htm)</sup>

3.82 [Series Designation for VV-BDXG](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z82.htm) <sup>[(=)](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z82.htm)</sup>

3.83 [Series Designation for VV-BURGS1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z83.htm) <sup>[(=)](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z83.htm)</sup>

3.84 [Series Designation for VV-CALC1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z84.htm) <sup>[(=)](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z84.htm)</sup>

3.85 [Series Designation for VV-CHAM2](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z85.htm) <sup>[(=)](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z85.htm)</sup>

3.86 [Series Designation for VV-GCW1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z86.htm) <sup>[(=)](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z86.htm)</sup>

3.87 [Series Designation for VV-HCC1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z87.htm) <sup>[(=)](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z87.htm)</sup>

3.88 [Series Designation for VV-MACAL5](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z88.htm) <sup>[(=)](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z88.htm)</sup>

3.89 [Series Designation for VV-MACAL6](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z89.htm) <sup>[(=)](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z89.htm)</sup>

3.90 [Series Designation for VV-PNTC](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z90.htm) <sup>[(=)](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z90.htm)</sup>

3.91 [Series Designation for VV-SCC2](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z91.htm) <sup>[(=)](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z91.htm)</sup>

3.92 [Series Designation for VV-SUPR2](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z92.htm) <sup>[(=)](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001183/vvml_ex3z92.htm)</sup>

3.93 [Series Designation for VV-LB22](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001569/vvml_ex3z93.htm) <sup>[>](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001569/vvml_ex3z93.htm)</sup>

3.94 [Series Designation for VV-RB22](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001569/vvml_ex3z94.htm) <sup>[>](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001569/vvml_ex3z94.htm)</sup>

3.95 [Series Designation for VV-FG22](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001569/vvml_ex3z95.htm) <sup>[>](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001569/vvml_ex3z95.htm)</sup>

3.96 [Series Designation for VV-KKCSK](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z96.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z96.htm)</sup>

3.97 [Series Designation for VV-DOM13](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z97.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z97.htm)</sup>

3.98 [Series Designation for VV-PG18](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z98.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z98.htm)</sup>

3.99 [Series Designation for VV-CDP1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z99.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z99.htm)</sup>

3.100 [Series Designation for VV-IGMS](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z100.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z100.htm)</sup>

3.101 [Series Designation for VV-RUM1](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z101.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z101.htm)</sup>

3.102 [Series Designation for VV-HPHH](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z102.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z102.htm)</sup>

3.103 [Series Designation for VV-JPNW](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z103.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex3z103.htm)</sup>

4.1 [Form of Subscription Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000998/vvml_ex4z1.htm) ^^^

6.1 [Management Services Agreement, dated July 1, 2020, between VV Markets, LLC and VinVesto, Inc. ^^](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000557/vvml_ex6z1.pdf)

6.2 [Purchase and Sale Agreement, dated September 1, 2020 between VinVesto, Inc. and VV Markets, LLC.](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000557/vvml_ex6z2.htm) ^^

------

6.3 [Software and Services License Agreement dated December 20, 2020 between VinVesto, Inc and North Capital Investment Technology Inc. ^^](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000557/vvml_ex6z6.pdf)

6.4 [Receipt](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000557/vvml_ex6z4.htm) ^^

6.5 [Receipt^^](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000557/vvml_ex6z5.htm)

6.6 [Receipt](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000557/vvml_ex6z6.htm) ^^

6.7 [Storage Agreement dated January 19, 2021 between VV Markets, LLC and Domain DC Storage.^^](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000557/vvml_ex6z7.pdf)

6.8 [Form Purchase Option Agreement\*](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex6z8.htm)

6.9 [VV-MACAL Purchase Option Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690621001681/vvml_ex6z9.htm) \*\*\*

6.10 [VV-BOWCK Purchase Option Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690621001681/vvml_ex6z10.htm) \*\*\*

6.11 [VV-FUTUR Purchase Option Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690621001681/vvml_ex6z11.htm) \*\*\*

6.12 [VV-BDX Purchase Option Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690621001681/vvml_ex6z12.htm) \*\*\*

6.13 [VV-SPAN Purchase Option Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex6z13.htm) \*\*\*

6.14 [VV-DRC Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex6z14.htm) \*

6.15 [VV-NAPA Purchase Option Agreement\*](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex6z15.htm)

6.16 [VV-RHONE Purchase Option Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex6z16.htm) \*

6.17 [VV-PDMT Purchase Option Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex6z17.htm) \*

6.18 [VV-JPWY Purchase Option Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex6z18.htm) \*

6.19 [VV-PTRS Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690621002513/vvml_ex6z19.htm) \*

6.20 [VV-ROSE Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000306/vvml_ex6z20.htm) \*\*

6.21 [VV-BOD10 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000306/vvml_ex6z21.htm) \*\*

6.22 [VV-WBURG Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000306/vvml_ex6z22.htm) \*\*

6.23 [VV-GERM Purchase Option Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000306/vvml_ex6z23.htm) \*\*

6.24 [VV-LAF10 Purchase Option Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000306/vvml_ex6z24.htm) \*\*

6.25 [VV-MACAL50 Purchase Option Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000306/vvml_ex6z25.htm) \*\*

6.26 [VV-JYFT Purchase Option Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000306/vvml_ex6z26.htm) \*\*

6.27 [VV-GPS Purchase Option Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622000306/vvml_ex6z27.htm) \*\*

6.28 [VV-BDMA Purchase Agreement +++](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex6z28.htm)

6.29 [VV-CDCV Purchase Agreement +++](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex6z29.htm)

6.30 [VV-DRCH Purchase Agreement +++](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex6z30.htm)

6.31 [VV-MR19 Purchase Agreement +++](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex6z31.htm)

6.32 [VV-SCRV Purchase Agreement +++](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001290/vvml_ex6z32.htm)

6.33 [VV-BDXM1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex6z33.htm) <sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex6z33.htm) #</sup>

6.34 [VV-CB100 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex6z34.htm) <sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex6z34.htm) #</sup>

6.35 [VV-JSCV Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex6z35.htm) <sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex6z35.htm) #</sup>

6.36 [VV-KGC1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex6z36.htm) <sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex6z36.htm) #</sup>

6.37 [VV-LR15 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex6z37.htm) <sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex6z37.htm) #</sup>

6.38 [VV-PFGV Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex6z38.htm) <sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001461/vvml_ex6z38.htm) #</sup>

6.39 [VV-BDX2K Purchase Agreement#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z39.htm)

6.40 [VV-BXEP21 Purchase Agreement#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z40.htm)

6.41 [VV-CDVM Purchase Agreement#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z41.htm)

6.42 [VV-CHBL1 Purchase Agreement#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z42.htm)

6.43 [VV-DRC15 Purchase Agreement#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z43.htm)

6.44 [VV-DRCRC1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z44.htm) <sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z44.htm)</sup>

6.45 [VV-KGC2 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z45.htm) <sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z45.htm)</sup>

6.46 [VV-MACAL2 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z46.htm) <sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z46.htm)</sup>

6.47 [VV-MACAL3 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z47.htm) <sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z47.htm)</sup>

6.48 [VV-MVRW Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z48.htm) <sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z48.htm)</sup>

6.49 [VV-POM1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z49.htm) <sup>[#](http://www.sec.gov/Archives/edgar/data/1822911/000109690622001687/vvml_ex6z49.htm)</sup>

6.50 [VV-BOW50 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z50.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z50.htm)</sup>

6.51 [VV-CCC1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z51.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z51.htm)</sup>

6.52 [VV-DL19 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z52.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z52.htm)</sup>

6.53 [VV-DRCH17 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z53.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z53.htm)</sup>

6.54 [VV-LAF19 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z54.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z54.htm)</sup>

6.55 [VV-MACFC Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z55.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z55.htm)</sup>

6.56 [VV-MARG1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z56.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex3z56.htm)</sup>

6.57 [VV-RTBC Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z57.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z57.htm)</sup>

6.58 [VV-SAIC Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z58.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z58.htm)</sup>

6.59 [VV-TLC1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z59.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z59.htm)</sup>

------

6.60 [VV-HAWV Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z60.htm) <sup>[@](http://www.sec.gov/Archives/edgar/data/1822911/000109690622002447/vvml_ex6z60.htm)</sup>

6.61 [VV-BOW2 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex6z61.htm) †

6.62 [VV-DP08 Purchase Agreement†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex6z62.htm)

6.63 [VV-DRC09 Purchase Agreement†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex6z63.htm)

6.64 [VV-DRCH14 Purchase Agreement†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex6z64.htm)

6.65 [VV-DRCH19 Purchase Agreement†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex6z65.htm)

6.66 [VV-ITRC Purchase Agreement†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex6z66.htm)

6.67 [VV-KCSK Purchase Agreement†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex6z67.htm)

6.68 [VV-KGC3 Purchase Agreement†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex6z68.htm)

6.69 [VV-KGC4 Purchase Agreement†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex6z69.htm)

6.70 [VV-MACAL4 Purchase Agreement†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex6z70.htm)

6.71 [VV-YAM1 Purchase Agreement†](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000443/vvml_ex6z71.htm)

6.72 [VV-BOMA Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex6z72.htm) <sup>=</sup>

6.73 [VV-CHJC Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex6z73.htm) <sup>=</sup>

6.74 [VV-GUGL1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex6z74.htm) <sup>=</sup>

6.75 [VV-HBC1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z75.htm) <sup>=/=</sup>

6.76 [VV-HIB1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex6z76.htm) <sup>=</sup>

6.77 [VV-KGC5 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex6z77.htm) <sup>=</sup>

6.78 [VV-LAT1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z78.htm) <sup>=/=</sup>

6.79 [VV-LBV1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex6z79.htm) <sup>=</sup>

6.80 [VV-RBV1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z80.htm) <sup>=/=</sup>

6.81 [VV-SCC1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623000659/vvml_ex6z81.htm) <sup>=</sup>

6.82 [VV-SPAN2 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z82.htm) <sup>=/=</sup>

6.83 [VV-KGC6 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z83.htm) <sup>=/=</sup>

6.84 [VV-AMW1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z84.htm) <sup>[=/=](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z84.htm)</sup>

6.85 [VV-BDXG Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z85.htm) <sup>[=/=](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z85.htm)</sup>

6.86 [VV-BURGS1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z86.htm) <sup>[=/=](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z86.htm)</sup>

6.87 [VV-CALC1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z87.htm) <sup>[=/=](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z87.htm)</sup>

6.88 [VV-CHAM2 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z88.htm) <sup>[=/=](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z88.htm)</sup>

6.89 [VV-GCW1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z89.htm) <sup>[=/=](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z89.htm)</sup>

6.90 [VV-HCC1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z90.htm) <sup>[=/=](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z90.htm)</sup>

6.91 [VV-MACAL5 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z91.htm) <sup>[=/=](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z91.htm)</sup>

6.75 [VV-HBC1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z75.htm) <sup>=/=</sup>

6.93 [VV-PNTC Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z93.htm) <sup>[=/=](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z93.htm)</sup>

6.94 [VV-SCC2 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z94.htm) <sup>[=/=](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z94.htm)</sup>

6.95 [VV-SUPR2 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z95.htm) <sup>[=/=](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001413/vvml_ex6z95.htm)</sup>

6.96 [VV-LBB22 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001569/vvml_ex6z96.htm) <sup>[>](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001569/vvml_ex6z96.htm)</sup>

6.97 [VV-RBB22 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001569/vvml_ex6z97.htm) <sup>[>](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001569/vvml_ex6z97.htm)</sup>

6.98 [VV-FG22 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001569/vvml_ex6z98.htm) <sup>[>](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001569/vvml_ex6z98.htm)</sup>

6.99 [VV-KKCSK Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z99.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z99.htm)</sup>

6.100 [VV-DOM13 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z100.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z100.htm)</sup>

6.101 [VV-PG18 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z101.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z101.htm)</sup>

6.102 [VV-CDP1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001845/vvml_ex6z102.htm) <sup>[!!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z102.htm)</sup>

6.103 [VV-IGMS Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z103.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z103.htm)</sup>

6.104 [VV-RUM1 Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z104.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z104.htm)</sup>

6.105 [VV-HPHH Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z105.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z105.htm)</sup>

6.106 [VV-JPNW Purchase Agreement](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z106.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex6z106.htm)</sup>

8.1 [Escrow Agreement for Securities Offering, between North Capital Private Securities Corporation](http://www.sec.gov/Archives/edgar/data/1822911/000109690621000557/vvml_ex8z1.htm) ^^

11.1 [Consent of IndigoSpire CPA, PC](vvml_ex11z1.htm)

99.1 [Disaggregated information requested in Item 6 of Part 1 of this Form 1-A](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex99z1.htm) <sup>[!](http://www.sec.gov/Archives/edgar/data/1822911/000109690623001747/vvml_ex99z1.htm)</sup>

! Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on September 5, 2023

!! Incorporated by reference to the Company's Semiannual Report on Form 1-SA filed with the SEC on September 26, 2023

# Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on July 22, 2022

## Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on March 25, 2022

^ Incorporated by reference to the Company's offering statement on Form 1-A filed with the SEC on August 31, 2020

^^ Incorporated by reference to the Company's offering statement on Form 1-A/A filed with the SEC on March 25, 2021

^^^ Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on May 6, 2021

\* Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on October 12, 2021

------

\*\* Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on February 11, 2022.

\*\*\* Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on July 22, 2021.

+ Incorporated by reference to the Company's Current Report on Form 1-U filed with the SEC on April 19, 2022.

++ Incorporated by reference to the Company's Current Report on Form 1-U filed with the SEC on March 24, 2022.

+++ Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on May 27, 2022.

@ Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on May October 7, 2022.

@@ Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on May November 25, 2022.

† Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on February 22, 2023.

= Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on May 1, 2023.

(=) Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on May 25, 2023.

=/= Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on July 14, 2023.

> Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on August 14, 2023.

>> Incorporated by reference to the Company's offering statement on Form 1-A POS filed with the SEC on August 18, 2023.

------

**SIGNATURES**

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | |
|:---|:---|
| **VV MARKETS, LLC** | **VV MARKETS, LLC** |
| By: | VINVESTO, Inc., its managing member |
| By: | /s/ *Nick King* |
|  | Nick King, Chief Executive Officer |

---

Pursuant to the requirements of Regulation A, this report has been signed below by the following persons on behalf of the issuer and in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| **SIGNATURE** | **TITLE** | **DATE** |
| /s/ *Nick King* | Chief Executive Officer and Director of VinVesto, Inc. | April 30, 2026 |
| Nick King | (principal executive officer and principal financial and accounting officer) |  |
| <br> VinVesto, Inc. | <br> Managing Member | <br> April 30, 2026 |

---

---

| | |
|:---|:---|
| By: | /s/ *Nick King* |
|  | Name: Nick King |
|  | Title: Chief Executive Officer |

---

------

## Ex1K-11

**CONSENT OF INDEPENDENT PUBLIC ACCOUNTING FIRM**

Board of Managers

VV MARKETS LLC AND SERIES

We hereby consent to the inclusion in the Offering Circular or other documents filed under Regulation A Tier 2 on Form 1-A (or Form 1-K) of our reports dated April 1, 2026, with respect to the consolidated and consolidating balance sheets of VV MARKETS LLC AND SERIES as of December 31, 2025 and 2024 and the related consolidated and consolidating statements of operations, changes in members' equity and cash flows for the calendar years ended December 31, 2025 and 2024, and the related notes to the consolidated and consolidating financial statements.

![](vvmlex11z1_1.jpg) /s/ IndigoSpire CPA, PC

San José, CA

April 29, 2026

## Form 1-K Filing Summary

### Filer Information

**Issuer CIK:** 0001822911

**Issuer CCC:** XXXXXXXX

**Is filer a shell company?:** No

**Is this filing by a successor company?:** No

### Submission Contact Information

**Is this a LIVE or TEST Filing?:** LIVE

**Period:** 12-31-2025

### Item 1: Issuer Information (Tab 1 Notification)

**Type of Report:** Annual Report

**Fiscal Year End:** 12-31-2025

**Exact Name of Issuer:** VV Markets LLC

**CIK:** 0001822911

**Jurisdiction of Incorporation:** DE

**IRS Number:** 85-1602921

**Address:** 1717 E CARY ST., RICHMOND, VA 23223

**Issuer Phone Number:** 8045100638

**Title of each class of securities issued pursuant to Regulation A:** Series LLC Interests

### Item 2: Ongoing Reporting Requirements

**Is the issuer relying on the relief provided by Rule 257(d) for this filing?** Yes