---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-072433"
form_type: "8-K"
ticker: "GXLM"
cik: "0001761325"
company_name: "Grayscale Stellar Lumens Trust (XLM)"
filed_at: "2024-06-12T23:59:59+00:00"
generated_at: "2026-06-01T04:52:24.185847+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Grayscale Stellar Lumens Trust issues 25,500 shares for $225,904 in private placement

## Summary
- Issued 25,500 Shares at varying prices based on NAV to accredited investors under Rule 506(c).
- Aggregate consideration: 2,222,070.4971047 XLM, valued at $225,904.
- Total outstanding shares now 1,094,700 as of June 12, 2024.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.

## SEC filing metadata
- accession: 0000950170-24-072433
- form_type: 8-K
- ticker: GXLM
- cik: 0001761325
- company_name: Grayscale Stellar Lumens Trust (XLM)
- filed_at: 2024-06-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761325/000095017024072433/0000950170-24-072433-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761325/000095017024072433/gxlm-20240607.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-072433
- JSON: https://secwatch.observer/filing/0000950170-24-072433.json
- Plain text: https://secwatch.observer/filing/0000950170-24-072433.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.