other material
confidence high
sentiment neutral
materiality 0.20
Grayscale Stellar Lumens Trust issues 16,700 Shares for $141K private placement
Grayscale Stellar Lumens Trust (XLM)
- Issued 16,700 shares at NAV to accredited investors in a Rule 506(c) private placement.
- Aggregate consideration: 1,454,179.76 XLM (approx. $141,308).
- Total shares outstanding as of June 24, 2024: 1,111,400.
- No underwriting discounts or commissions paid to Authorized Participant Grayscale Securities.
- Trust notes periodic creations may be deemed a distribution under Securities Act.