secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale CoinDesk Crypto 5 ETF (GDLC)
CIK:        0001729997
Form:       8-K
Filed at:   2024-03-25T23:59:59+00:00
Accession:  0000950170-24-035630
Event type: other_material
Sentiment:  neutral
Materiality: 0.05
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Digital Large Cap Fund amends Business Day definition in LLC Agreement
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- Amendment No. 3 changes 'Business Day' from days banks closed to days national securities exchanges closed.
- Effective March 22, 2024, the LLC Agreement uses exchange closures instead of bank closures.
- The change is purely procedural; no financial or operational impact disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1729997/000095017024035630/0000950170-24-035630-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1729997/000095017024035630/gdlc-20240322.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-035630

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer