---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-063477"
form_type: "8-K"
ticker: "GXLM"
cik: "0001761325"
company_name: "Grayscale Stellar Lumens Trust (XLM)"
filed_at: "2024-05-22T23:59:59+00:00"
generated_at: "2026-06-01T09:48:06.119360+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Grayscale Stellar Lumens Trust issues 16,000 Shares to accredited investors for $150,805 in XLM

## Summary
- Issued 16,000 Shares at NAV-based prices to accredited investors via Rule 506(c) private placement.
- Aggregate consideration: 1,396,284.7629393 XLM (approx. $150,805).
- Grayscale Securities acted as Authorized Participant; no underwriting discounts or commissions.
- Total shares outstanding as of May 22, 2024: 1,049,400.

## SEC filing metadata
- accession: 0000950170-24-063477
- form_type: 8-K
- ticker: GXLM
- cik: 0001761325
- company_name: Grayscale Stellar Lumens Trust (XLM)
- filed_at: 2024-05-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761325/000095017024063477/0000950170-24-063477-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761325/000095017024063477/gxlm-20240518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-063477
- JSON: https://secwatch.observer/filing/0000950170-24-063477.json
- Plain text: https://secwatch.observer/filing/0000950170-24-063477.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.