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Legal Summary

Participation rules and legal terms for the mait silent group auction.

Download Full Terms & Conditions (PDF)

Participation Rules

  • Open to individuals 18 years or older
  • Valid payment method required at registration

Auction Mechanics

  • Silent auction: no participant can see others' bids, bid counts, or price distribution
  • Each participant may place one active bid per auction (secondary accounts are allowed)
  • Bids may be adjusted or cancelled at any time while the auction is live
  • Accounts may have a bid amount but elect to not participate in the auction (non-participants will not be considered nor charged)
  • Once the auction closes, all bids are final and cannot be modified
  • Winners are determined by bid ranking (highest bids win) and by earliest initial bid time

Payment Terms

  • A valid credit card must be on file; it will be verified but NOT charged at registration
  • Only winners (top bidders up to the available unit count) will be charged
  • Winners are charged their exact bid amount — not a uniform price
  • All participants will have their bids captured at auction open, but only winners will be charged at auction close
  • If payment processing fails, which occurs after auction close, the bid will be excluded from the auction results
  • maiOS Inc reserves the right to exclude a bid and move to the next-ranked bidder for any reason

Shipping & Delivery

  • Winners will have their full order quantity processed (no partial fulfillments)
  • Delivery is available to the 50 United States only
  • Shipping addresses must be provided during registration and may be updated before shipment
  • Estimated delivery timelines will be communicated after payment is confirmed (expect up to 6-8 weeks from auction close)
  • maiOS Inc is not responsible for delays caused by carriers

Cancellation & Refunds

  • Cancelling a bid before auction close or electing to not participate removes the participant from contention
  • All sales are final. No refunds after successful payment processing

Privacy & Data

  • Personal information is stored securely via Supabase (encrypted at rest)
  • Payment data is handled by Stripe (PCI-compliant)
  • maiOS Inc will not sell personal data to third parties
  • A full Privacy Policy will be published separately

Limitation of Liability

  • maiOS Inc makes no guarantees about product availability beyond stated unit counts
  • Participation in the auction constitutes acceptance of these terms
  • Terms may be updated for added clarity - only up until auction open

Contact

  • For questions: support-mait-auction@maios.ai

The summary above is for convenience only. The full Terms & Conditions (PDF) govern all participation in the mait Silent Group Auction.

Last updated: April 2026