other material
confidence high
sentiment neutral
materiality 0.50
Grayscale Litecoin Trust issues 374,900 shares in private placement for 31,821 LTC ($2.08M)
Grayscale Litecoin Trust (LTC)
- Issued 374,900 shares at NAV-based prices to accredited investors under Rule 506(c) of Regulation D.
- Aggregate consideration: 31,821.49034647 LTC, valued at $2,081,612.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts or commissions paid.
- Total shares outstanding as of September 25, 2024: 22,281,200.
- Share issuances occur periodically; Grayscale Securities may be deemed an underwriter for ongoing distributions.