Grayscale Litecoin Trust issues 499,200 shares for ~$2.9M in private placement

Grayscale Litecoin Trust (LTC)

Issued 499,200 shares at NAV-based prices to accredited investors under Rule 506(c).
Aggregate consideration: 42,313 LTC ($2,937,274); no underwriting discounts paid.
Total shares outstanding as of Oct 18, 2024: 22,780,400.
Grayscale Securities acted as Authorized Participant and may be deemed an underwriter.

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