secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Stellar Lumens Trust (XLM) (GXLM)
CIK:        0001761325
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0000950170-24-116250
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Stellar Lumens Trust issues 68,600 shares in private placement
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- Issued 68,600 Shares at NAV-based prices to accredited investors under Rule 506(c).
- Aggregate consideration: 5,924,778 XLM (approx. $561,746).
- Total shares outstanding as of Oct 22, 2024: 1,293,000.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts or commissions paid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761325/000095017024116250/0000950170-24-116250-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761325/000095017024116250/gxlm-20241017.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-116250

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