---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-110819"
form_type: "8-K"
ticker: "GXLM"
cik: "0001761325"
company_name: "Grayscale Stellar Lumens Trust (XLM)"
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-30T23:37:37.321211+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Grayscale Stellar Lumens Trust issues 76,000 Shares, raising ~$649K in unregistered offering

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-110819
- form_type: 8-K
- ticker: GXLM
- cik: 0001761325
- company_name: Grayscale Stellar Lumens Trust (XLM)
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761325/000095017024110819/0000950170-24-110819-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761325/000095017024110819/gxlm-20240926.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-110819
- JSON: https://secwatch.observer/filing/0000950170-24-110819.json
- Plain text: https://secwatch.observer/filing/0000950170-24-110819.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.