other material
confidence high
sentiment neutral
materiality 0.30
Grayscale Stellar Lumens Trust issues 61,100 shares, raising $500K in private placement
Grayscale Stellar Lumens Trust (XLM)
- Issued 61,100 Shares at NAV-based prices for aggregate 5,274,342 XLM ($500,277).
- Shares sold to accredited investors under Rule 506(c); no underwriter discounts paid.
- Total shares outstanding increased to 1,354,100 as of October 29, 2024.
- Grayscale Securities acted as Authorized Participant for the share creation.