Grayscale Zcash Trust amends definition of Business Day to national securities exchanges closed

Grayscale Zcash Trust (ZEC)

Amendment No. 3 changes Business Day from bank holidays to when national securities exchanges are closed in New York.
Effective March 22, 2024, per filing by Grayscale Investments as Sponsor and Delaware Trust Company as Trustee.
The change is procedural; no financial impact disclosed, no impact on Trust operations or shareholder rights.

Key facts

Extracted from this filing and checked against the source text.

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

Grayscale Zcash Trust (ZEC) amended Amendment No. 3 with Grayscale Investments, LLC and Delaware Trust Company (effective 2024-03-22).

Action: amendment
Counterparty: Grayscale Investments, LLC and 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 Zcash Trust (ZEC) (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 0000950170-24-035637

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