PRESS RELEASE COLUMBIA, S.C., March 7, 2024 – Garnet Trust and Carolina Rise announce that the two collectives have joined forces effective today to maximize the current and future growth of the University of South Carolina’s name, image, and likeness efforts. The entity will operate as Garnet Trust, which has
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TO ALL MEMBERS OF CAROLINA RISE
Dear Carolina Rise Members, First, we would like to personally thank all of you that

NIL RETAIL PARTNERS
In addition to our Business Memberships, which are promotional in nature, we partner with (and

NIL BUSINESS MEMBERS
These business owners receive promotion through and our media partners, including Chief Sports (Inside the

TO ALL MEMBERS OF CAROLINA RISE
Dear Carolina Rise Members, First, we would like to personally thank all of you that

NIL RETAIL PARTNERS
In addition to our Business Memberships, which are promotional in nature, we partner with (and

NIL BUSINESS MEMBERS
These business owners receive promotion through and our media partners, including Chief Sports (Inside the
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