other material
confidence high
sentiment neutral
materiality 0.25
Grayscale Zcash Trust issues 46,800 shares for $100,210 in private placement
Grayscale Zcash Trust (ZEC)
- Trust sold 46,800 shares to accredited investors in a private placement under Rule 506(c).
- Total consideration of 3,968.1833 ZEC, equivalent to approximately $100,210.
- Outstanding shares increased to 4,400,100 as of June 11, 2024.
- Grayscale Securities acted as Authorized Participant; no underwriting fees paid.
- Periodic share creation may cause Grayscale Securities to be deemed an underwriter.