Xeriant used Maxim Group to find Auctus. Maxim was the exclusive placement agent. The placement agent finds the loan source and facilitates the transaction.
"r. No Brokers; No Solicitation. Except with respect to Maxim Group LLC, a registered broker-dealer (CRD#: 120708), the Company has taken no action which would give rise to any claim by any person for brokerage commissions, transaction fees or similar payments relating to this Agreement or the transactions contemplated hereby. The Company acknowledges and agrees that neither the Buyer nor its employee(s), member(s), beneficial owner(s), or partner(s) solicited the Company to enter into this Agreement and consummate the transactions described in this Agreement."