Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.96
Grayscale Litecoin Trust (LTC) amended Amendment to Index License Agreement with CoinDesk Indices, Inc. valued at Amendment extends the term from February 29, 2024 to February 28, 2025 (effective 2023-06-20).
- Action
- amendment
- Agreement
- license
- Counterparty
- CoinDesk Indices, Inc.
- Value
- Amendment extends the term from February 29, 2024 to February 28, 2025
- Effective
- 2023-06-20
Exact text from the filing
On June 20, 2023, Grayscale Investments, LLC, the sponsor (the “Sponsor”) of Grayscale Litecoin Trust (LTC) (the “Trust”), and CoinDesk Indices, Inc. (the “Index Provider”), entered into an Amendment (the “Amendment”) to the Index License Agreement dated January 31, 2022, between the Sponsor and the Index Provider (the “Index License Agreement”) governing the Sponsor’s use of the CoinDesk Litecoin Price Index (LTX) (the “Index”) to calculate the Index Price, among other things. This agreement amends the terms of the Index License Agreement to extend the term of the agreement from February 29, 2024, to February 28, 2025.
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