secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Stellar Lumens Trust (XLM) (GXLM)
CIK:        0001761325
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0000950170-24-086015
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761325/000095017024086015/0000950170-24-086015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761325/000095017024086015/gxlm-20240720.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-086015

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