secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Stellar Lumens Trust (XLM) (GXLM)
CIK:        0001761325
Form:       8-K
Filed at:   2024-05-22T23:59:59+00:00
Accession:  0000950170-24-063477
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761325/000095017024063477/0000950170-24-063477-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761325/000095017024063477/gxlm-20240518.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-063477

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