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What Happens If Uniborn Goes Out of Business?

Dylan avatar
Written by Dylan
Updated over 3 weeks ago

We’ve designed our infrastructure so that each investment remains legally sound, traceable, and fully functional — even if Uniborn were to stop operating. The structure ensures investor protections are baked in, regardless of our status as a platform.

1. Each Series Is a Legally Independent Entity

• Every deal is housed in its own Series under a Delaware Series LLC structure.

• These entities are separate from Uniborn’s corporate operations.

• If Uniborn were to shut down, each Series would continue to legally exist and own its assets (e.g., startup shares) as usual.

2. Manager Succession Plan

• In the event of a shutdown, we have a predefined legal process for appointing a successor Manager or transferring management rights to a qualified third party (e.g., law firm, fund admin, or custodian).

This ensures continued administration of:

• Distributions

• Reporting (e.g., K-1s)

• Compliance and recordkeeping

3. Assets and Bank Accounts Are Secure

• All investor funds and investment proceeds are held in Series-level accounts, not pooled in Uniborn’s operating accounts.

• Crypto wallets (where applicable) are controlled at the Series level, with on-chain transparency and pre-communicated ownership.

4. Investor Records Are Digitally Preserved

All Series legal documents, investor records, and ownership data are securely stored and backed up.

In the event of wind-down, these records would be:

• Transferred to the successor Manager

• Or shared with investors, as permitted under data protection laws

5. Ongoing Support Would Transition

• K-1 preparation, updates on portfolio companies, and final distributions (e.g., in the case of an exit) would continue under the successor’s management.

• Any fees required for ongoing services would be drawn from the Series’ own reserves (or future proceeds), not dependent on Uniborn’s operating capital.

In short: even if we disappear, your deal doesn’t.

The structure is designed to keep your investment protected, enforceable, and supported until exit.

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