Required Documentation for Issuing Orbita Notes
1. Business Registration Certificates
These certificates establish the legal identity and authority of the issuer, ensuring the organization is properly registered and authorized to operate.
- Incorporation Documents:
Submit articles of incorporation or equivalent documents proving your organization’s legal formation. - Licenses and Permits:
Provide any required business or financial licenses relevant to the jurisdiction in which the issuer operates. - Regulatory Compliance Confirmation:
Include certificates or evidence confirming adherence to the regulations governing your operations.
2. Financial Statements
Up-to-date financial records are critical to demonstrate the issuer’s financial stability and capacity to meet obligations related to the issuance.
- Balance Sheets:
Provide a snapshot of your assets, liabilities, and equity to show the financial position of your organization. - Income Statements:
Submit records detailing your organization’s revenues and expenses over a specific period to assess profitability. - Cash Flow Statements:
Include statements illustrating cash inflows and outflows, ensuring liquidity and operational efficiency. - Auditor’s Report:
Provide audited financial statements to ensure transparency and reliability.
3. Central Ura Deposit Proof
This is a critical requirement to confirm the issuer has deposited 100% of the maturity value of the Orbita Notes in Central Ura with Orbita Note Series LLC. This deposit ensures that each note is fully backed by credit-based assets, in compliance with the C2C Monetary System principles.
- Deposit Receipt:
Submit a receipt or confirmation from Orbita Note Series LLC verifying the full deposit of Central Ura. - Asset Verification Statement:
Provide a document confirming that the issuer’s total assets meet or exceed the maturity value of the notes being issued.
4. Detailed Business Plan
A well-structured business plan provides clarity on the issuer’s objectives, strategies, and how the funds raised through Orbita Notes will be managed. It also offers investors insights into the fund’s potential growth and sustainability.
- Objectives and Fund Goals:
Clearly outline the purpose of the fund and the objectives to be achieved through the issuance. - Investment and Operational Strategy:
Describe how the proceeds from the Orbita Notes will be invested and managed. - Risk Management Framework:
Include strategies for identifying, managing, and mitigating potential risks. - Financial Projections:
Provide revenue, expense, and cash flow forecasts over the life of the notes.
5. Compliance and Regulatory Filings
These documents confirm that the issuer meets regulatory requirements, ensuring compliance with applicable laws and frameworks.
- Regulatory Certificates:
Submit all relevant certifications from regulatory bodies. - Ongoing Compliance Framework:
Provide a description of your compliance monitoring systems and reporting processes. - Previous Filings:
Include any historical filings or reports that demonstrate a track record of compliance.
6. Issuance Agreements and Legal Documentation
These agreements define the terms and conditions of the Orbita Notes issuance, ensuring transparency and mutual understanding between the issuer and investors.
- Issuance Agreement:
Submit a formal contract outlining the terms, rights, and obligations of the issuer and the noteholders. - Investor Agreements:
Provide templates of agreements that will be used with investors. - Disclosures:
Include disclosures about potential risks, fees, redemption policies, and other relevant details.
7. Management Team Profiles
These documents showcase the expertise of the key individuals managing the fund and overseeing the issuance of Orbita Notes. This builds investor confidence and assures competent fund management.
- Executive Team Resumes:
Provide resumes or profiles of key executives, highlighting their qualifications and experience. - Track Record of Fund Management:
Include records of previous fund management successes or relevant financial experience. - Organizational Structure:
Submit an organizational chart showing reporting lines and governance structures.
8. Investor Relations and Communication Plan
Transparency with investors is essential for building trust and maintaining engagement throughout the life of the notes. This plan outlines the issuer’s strategy for ongoing communication with investors.
- Communication Channels:
Define the channels that will be used to communicate with investors (e.g., email, portals, reports). - Reporting Schedule:
Include a timeline for providing periodic updates and performance reports to investors. - Investor Support Framework:
Describe the support mechanisms available to investors for inquiries or issues.
9. Reserve Management Documentation
Since Orbita Note Series LLC manages the Central Ura reserves on behalf of the issuer, the issuer must provide documentation on how these reserves will be monitored and managed.
- Reserve Management Agreement:
Submit the agreement detailing how Orbita Note Series LLC will manage the reserves on the issuer’s behalf. - Reporting and Monitoring Systems:
Describe the systems in place for monitoring reserve levels and ensuring liquidity. - Contingency Plans:
Provide strategies for dealing with unexpected events that may impact reserve levels.
