Neuralink

About Neuralink

Neuralink is building implantable brain-computer interfaces to help people with paralysis and restore autonomy.

Fund structure

AllocationsX Capital Limited (“AXCL”) welcomes you to an investment opportunity to gain exposure to preferred shares of Neuralink, offered via a Single Asset Fund (the “Fund”).

Structure

The Fund is a Delaware Series LLC, administered by AllocationsX Fund Administration Inc. and managed by an external fund manager. This fund structure has one manager layer, indicating that the manager controls the vehicle that directly owns the shares of the portfolio company.

• Units of the Neuralink Fund are priced at $1,125.92 per unit.
• The price per unit includes a one-time upfront management fee paid to the fund manager (“Upfront Management Fee”) of $62.83/unit (5.58%).
• One unit of the Neuralink Fund will correspond to one share of Neuralink.

Fees

• The Neuralink Fund will charge a 5.58% upfront management fee, 0% ongoing management fee, and 0% carried interest.
• A one-time upfront brokerage fee of 5% will be payable to AXCL at closing. As a result, the effective Brokerage Fee reflected on the platform is 4.7210%.
• AllocationsX Fund Administration will charge a one-time fee of 1.5% on any distribution.

Subsequent liquidity

• Units of the Neuralink Fund may be listed for sale by the investor on the AXCL platform after a 180-day holding period, subject to consent of the Fund Manager and AXCL discretion.
• AXCL makes no guarantees that there will be a buyer at any price; investments in private securities are inherently illiquid, and the investor must be prepared to hold their Shares indefinitely.
• Brokerage fees will apply to any successful sale.

Admission

AllocationsX Plus members will be admitted to AllocationsX Investments funds on a priority basis. All investors will be admitted at AllocationsX’s sole discretion based on a variety of factors including the size of their proposed investment, the date on which they sign their investment documentation, and the date on which they fund their investment. A portion of each fund is reserved for AllocationsX employees.

Risks

Before investing, you should do your own due diligence on the fund structure, fees, and management since these transactions present more complexity than a direct share purchase. Investing in private securities is speculative, illiquid, and involves the risk of loss.