other material
confidence high
sentiment neutral
materiality 0.25
Grayscale Litecoin Trust issues 270,400 shares in private placement, raising $1.67M in LTC
Grayscale Litecoin Trust (LTC)
- Issued 270,400 shares at NAV to accredited investors under Rule 506(c) of the Securities Act.
- Aggregate proceeds: 23,083.53 LTC ($1,674,021).
- Total shares outstanding now 21,019,200 as of July 3, 2024.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts or commissions paid.