other material
confidence high
sentiment neutral
materiality 0.30
Grayscale Bitcoin Cash Trust issues 741,000 shares in private placement raising $2.35M
Grayscale Bitcoin Cash Trust (BCH)
- Issued 741,000 shares to accredited investors at NAV-based prices via Rule 506(c) private placement.
- Aggregate consideration: 6,318.79 BCH ($2,352,730); no underwriting discounts or commissions paid.
- Total shares outstanding now 41,107,000 as of July 19, 2024.
- Grayscale Securities acted as Authorized Participant; may be deemed an underwriter under Securities Act.