other
confidence high
sentiment neutral
materiality 0.25
Grayscale Stellar Lumens Trust issues 11,700 shares in private placement
Grayscale Stellar Lumens Trust (XLM)
- Issued 11,700 shares at varying NAV-based prices to accredited investors under Rule 506(c).
- Aggregate proceeds of 1,017,251 XLM (approx. $100,633) received.
- Total shares outstanding now 1,123,100 as of July 24, 2024.
- No underwriting discounts or commissions paid; Grayscale Securities acted as Authorized Participant.