{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-027134","form_type":"8-K","ticker":"GXLM","cik":"0001761325","company_name":"Grayscale Stellar Lumens Trust (XLM)","filed_at":"2024-03-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.438147+00:00","generated_at":"2026-06-05T02:48:04.363846+00:00","sec_items":["4.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"Grayscale Stellar Lumens Trust dismisses Marcum LLP, appoints KPMG as auditor","bullets":["Marcum LLP dismissed as auditor effective after completion of FY2024 audit (Sep 30, 2024).","KPMG LLP appointed to audit Trust for fiscal year ending Sep 30, 2025.","No disagreements with Marcum on accounting principles or audit scope for FY2023 and FY2024.","Prior Marcum reports contained no adverse opinion; only emphasis of matter on digital assets.","Audit Committee approved the change on March 1, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-027134","json":"https://secwatch.observer/filing/0000950170-24-027134.json","markdown":"https://secwatch.observer/filing/0000950170-24-027134.md","text":"https://secwatch.observer/filing/0000950170-24-027134.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1761325/000095017024027134/0000950170-24-027134-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1761325/000095017024027134/gxlm-20240301.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T02:48:04.363846+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"88263f24df72ddcd6ea3c045d38ffdab6d3aa523","claim":"Grayscale Stellar Lumens Trust (XLM) dismissed Marcum LLP as its auditor.","evidence_excerpt":"(a) Dismissal of Previous Independent Registered Public Accounting Firm On March 1, 2024, the Audit Committee of the Board of Directors of Grayscale Investments, LLC, the sponsor (the “Sponsor”) of Grayscale Stellar Lumens Trust (XLM) (the “Trust”), approved the dismissal of the current independent registered public accounting firm of the Trust, Marcum LLP (“Marcum”), effective following the completion of the audit of the Trust’s financial statements for the fiscal year ending September 30, 2024.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1761325/000095017024027134/0000950170-24-027134-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"Marcum LLP"},{"label":"Successor","value":"KPMG LLP"}],"fact_type":"auditor_change"},{"claim_id":"9644551fc0c83b89bf52f2c332eb86085d7e43a6","claim":"Grayscale Stellar Lumens Trust (XLM) engaged KPMG LLP as its auditor.","evidence_excerpt":"(b) Appointment of New Independent Registered Public Accounting Firm On March 1, 2024, the Audit Committee of the Board of Directors of the Sponsor approved the engagement of KPMG LLP (“KPMG”) to be the Trust’s independent registered public accounting firm to perform independent audit services for the Trust beginning with its fiscal year ending September 30, 2025.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1761325/000095017024027134/0000950170-24-027134-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"KPMG LLP"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}