---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-019035"
form_type: "8-K"
ticker: "GXLM"
cik: "0001761325"
company_name: "Grayscale Stellar Lumens Trust (XLM)"
filed_at: "2022-09-29T23:59:59+00:00"
generated_at: "2026-06-23T06:45:33.946027+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Grayscale Stellar Lumens Trust replaces auditor Friedman LLP with Marcum LLP after practice combination

## Summary
- Friedman LLP audit practice combined with Marcum LLP effective Sept 1, 2022; dismissal and engagement approved Sept 27, 2022.
- Friedman's audit reports for fiscal years 2021 and 2020 contained no adverse opinion; emphasis of matter paragraph on digital asset investments noted.
- No disagreements with Friedman on accounting principles, financial statement disclosure, or audit scope through Sept 27, 2022.
- The Trust has not consulted Marcum on any accounting or auditing matters prior to engagement.

## SEC filing metadata
- accession: 0000950170-22-019035
- form_type: 8-K
- ticker: GXLM
- cik: 0001761325
- company_name: Grayscale Stellar Lumens Trust (XLM)
- filed_at: 2022-09-29T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761325/000095017022019035/0000950170-22-019035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761325/000095017022019035/gxlm-20220927.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-019035
- JSON: https://secwatch.observer/filing/0000950170-22-019035.json
- Plain text: https://secwatch.observer/filing/0000950170-22-019035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.