---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-086015"
form_type: "8-K"
ticker: "GXLM"
cik: "0001761325"
company_name: "Grayscale Stellar Lumens Trust (XLM)"
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T17:03:29.524607+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Grayscale Stellar Lumens Trust issues 11,700 shares in private placement

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-086015
- form_type: 8-K
- ticker: GXLM
- cik: 0001761325
- company_name: Grayscale Stellar Lumens Trust (XLM)
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761325/000095017024086015/0000950170-24-086015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761325/000095017024086015/gxlm-20240720.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-086015
- JSON: https://secwatch.observer/filing/0000950170-24-086015.json
- Plain text: https://secwatch.observer/filing/0000950170-24-086015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.