secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Litecoin Trust (LTC) (LTCN)
CIK:        0001732406
Form:       8-K
Filed at:   2024-06-14T23:59:59+00:00
Accession:  0000950170-24-073617
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Litecoin Trust issues 256,600 shares for 21,937 LTC ($1.79M) in private placement
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- Issued 256,600 Shares at NAV to accredited investors under Rule 506(c); consideration: 21,937.208 LTC ($1,786,628).
- Outstanding shares as of June 14, 2024: 20,480,500.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1732406/000095017024073617/0000950170-24-073617-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1732406/000095017024073617/ltcn-20240611.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-073617

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer