other material
confidence high
sentiment neutral
materiality 0.20
Grayscale Zcash Trust issues 61,300 shares for ~$200k in ZEC via private placement
Grayscale Zcash Trust (ZEC)
- Issued 61,300 shares to accredited investors under Rule 506(c) for 5,137.69 ZEC (~$200,164).
- No underwriting discounts or commissions paid to Grayscale Securities as Authorized Participant.
- Total outstanding shares now 4,685,000 as of Nov 20, 2024.
- Grayscale Securities acted as distributor and may be deemed an underwriter.