secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Bitcoin Cash Trust (BCH) (BCHG)
CIK:        0001732409
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0000950170-24-086016
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Bitcoin Cash Trust issues 635,300 new shares in private placement
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- Issued 635,300 shares at NAV-based prices for aggregate 5,415.27 BCH ($2.16M).
- Shares sold to accredited investors under Rule 506(c); no underwriting discounts paid.
- Total shares outstanding as of July 24, 2024: 41,742,300.
- Grayscale Securities acted as Authorized Participant and may be deemed an underwriter.
- Continuous periodic issuance may constitute a distribution under the Securities Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1732409/000095017024086016/0000950170-24-086016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1732409/000095017024086016/bchg-20240720.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-086016

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