other material
confidence high
sentiment neutral
materiality 0.25
Grayscale Bitcoin Cash Trust issues 423,200 shares in private placement, raising $1.79M
Grayscale Bitcoin Cash Trust (BCH)
- Issued 423,200 shares at NAV-based prices to accredited investors under Rule 506(c).
- Aggregate consideration: 3,622.34 BCH (~$1,785,318).
- Shares outstanding now 39,338,300 as of May 28, 2024.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.