other material
confidence high
sentiment neutral
materiality 0.40
Grayscale Zcash Trust reduces Rule 144 holding period from 1 year to 6 months
Grayscale Zcash Trust (ZEC)
- Minimum holding period for Shares purchased from Trust reduced from one year to six months as of Oct 3, 2022.
- Trigger: Trust has been subject to Exchange Act reporting for 90 days since July 5, 2022.
- As of Oct 3, 2022, 3,063,485 Shares (81% of 3,777,700 total) are freely tradable and unrestricted.
- Shares purchased prior to April 3, 2022 now also eligible under the six-month holding period.