secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Stellar Lumens Trust (XLM) (GXLM)
CIK:        0001761325
Form:       8-K
Filed at:   2024-08-21T23:59:59+00:00
Accession:  0000950170-24-099491
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Stellar Lumens Trust issues 25,300 Shares in private placement for $210,074
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- Issued 25,300 Shares to accredited investors at NAV-based prices under Rule 506(c).
- Aggregate consideration: 2,194,142.98 XLM valued at $210,074.
- Total shares outstanding increased to 1,148,400 as of August 21, 2024.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761325/000095017024099491/0000950170-24-099491-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761325/000095017024099491/gxlm-20240817.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-099491

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer