VRNAP5 - Transfer of the Vital Artan HoldCo to Vitality Now Association—VitaDAO’s Legal Steward
TL;DR
A simple share-transfer agreement names Vitality Now as the new owner of the HoldCo.
Background
When the VITARNA IPT sale launched, the Vital Artan HoldCo (an Irish company) was parked under VitaDAO Global Services (VGS), which served as the legal representative of VitaDAO. Earlier this year the DAO adopted VDP-160, designating Vitality Now Association, a Swiss Verein, as the new single legal steward empowered to hold project vehicles and implement on-chain governance decisions. One core asset still sits outside that framework: the Vital Artan HoldCo, the Irish company that owns the Mutation-Specific Codon-Suppression IP-NFT and serves as legal issuer of the VITARNA IPT tokens. Aligning this HoldCo with Vitality Now completes the transition envisaged in VDP-160 and delivers on the white-paper commitment that token-holders—not any single service company—govern future decisions over the IP.
Proposal
We ask the VitaRNA holders to authorise a straightforward share-transfer whereby Vitality Now Association becomes the new ultimate owner of the Vital Artan HoldCo.Once the vote is approved, shares will be transfer from VitaDAO Global Services to Vitality Now ,Vital Artan HoldCo will file the change with the Irish registry, and publicly post the updated extract.Governance over the IP-NFT and VITARNA tokens remains exactly as before: Vitality Now may act only when instructed by Snapshot.
Rationale
Bringing the HoldCo under Vitality Now has three clear benefits. First, it fulfils the token-holder promise set out in the VITARNA white-paper by ensuring that a steward bound to DAO votes—not an operational service entity—holds the legal reins. Second, it consolidates all VitaDAO project vehicles in one steward, reducing administrative friction for future financings or licences. Third, the move is legally simple: Irish law permits the current owner to transfer the shares by written agreement, and no additional regulatory filings beyond a standard registry update are required.
Submitted by the VitaDAO Guardians • Reference: VDP-160 “Vitality Now Association—setup
Off-Chain Vote
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- Author
0x3F04…9Bd6
- IPFS#bafkreia
- Voting Systemsingle-choice
- Start DateMay 17, 2025
- End DateMay 19, 2025
- Total Votes Cast2.77M VITARNA
- Total Voters5
Discussion
Timeline
- May 17, 2025Proposal created
- May 17, 2025Proposal vote started
- May 19, 2025Proposal vote ended
- May 19, 2025Proposal updated