other material
confidence high
sentiment neutral
materiality 0.15
Grayscale LTC Trust issues 246,100 shares at NAV to accredited investors; total shares 23.0M
Grayscale Litecoin Trust (LTC)
- Issued 246,100 shares via Rule 506(c) private placement to accredited investors.
- Aggregate consideration was 20,847.685 LTC (approx. $1.54M) based on NAV.
- Total shares outstanding as of Oct 23, 2024: 23,026,500.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.