other material
confidence high
sentiment neutral
materiality 0.15
Grayscale Stellar Lumens Trust issues 76,000 Shares, raising ~$649K in unregistered offering
Grayscale Stellar Lumens Trust (XLM)
- Issued 76,000 Shares to accredited investors in private placement under Rule 506(c).
- Aggregate consideration: 6,574,134.8764865 XLM valued at $648,787.
- Total shares outstanding now 1,224,400 as of October 1, 2024.
- No underwriting discounts or commissions paid to Grayscale Securities.
- Grayscale Securities acted as Authorized Participant and may be deemed an underwriter.