other
confidence high
sentiment neutral
materiality 0.20
Grayscale Litecoin Trust issued 458,500 shares for 39,242 LTC ($3.375M) in private placement
Grayscale Litecoin Trust (LTC)
- Issued 458,500 shares at NAV to accredited investors under Rule 506(c), raising ~39,242 LTC ($3.375M).
- Total shares outstanding as of May 28, 2024: 20,223,900.
- No underwriting discounts or commissions were paid to Grayscale Securities.
- Grayscale Securities acted as Authorized Participant for the distribution.