Grayscale Litecoin Trust amends definition of Business Day in Trust Agreement

Grayscale Litecoin Trust (LTC)

Amendment No. 3 changes Business Day from bank holidays to days national securities exchanges are closed in New York.
Effective March 22, 2024, the revised definition aligns with exchange closure schedules.
The change is procedural; no financial impact or operational change for shareholders.

item 1.01 item 9.01

Key facts

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Grayscale Litecoin Trust (LTC) amended Amendment No. 3 with Delaware Trust Company (effective 2024-03-22).

Action: amendment
Counterparty: Delaware Trust Company
Effective: 2024-03-22

Exact text from the filing

On March 22, 2024, Grayscale Investments, LLC, the sponsor (the “Sponsor”) of Grayscale Litecoin Trust (LTC) (the “Trust”) and the Delaware Trust Company, the trustee (the “Trustee”) of the Trust entered into Amendment No. 3 (the “Amendment No. 3”) to the Trust’s Amended and Restated Declaration of Trust and Trust Agreement (the “Trust Agreement”) in order to modify the definition of “Business Day” (as defined therein).

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Source: SEC EDGAR

accession 0000950170-24-035635

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