other material
confidence high
sentiment neutral
materiality 0.25
Grayscale Stellar Lumens Trust issues 19,800 shares for $185,588 in private placement
Grayscale Stellar Lumens Trust (XLM)
- Issued 19,800 shares to accredited investors under Rule 506(c) at NAV-based prices.
- Aggregate consideration: 1,726,677.3547714 XLM ($185,588).
- Total shares outstanding as of June 3, 2024: 1,069,200.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts or commissions paid.
- Shares are created periodically; the distributor may be deemed an underwriter.