secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Bitcoin Cash Trust (BCH) (BCHG)
CIK:        0001732409
Form:       8-K
Filed at:   2024-07-19T23:59:59+00:00
Accession:  0000950170-24-084924
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Bitcoin Cash Trust issues 741,000 shares in private placement raising $2.35M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1732409/000095017024084924/0000950170-24-084924-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1732409/000095017024084924/bchg-20240716.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-084924

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