other material
confidence high
sentiment neutral
materiality 0.25
Grayscale Litecoin Trust issues 546,200 shares for 46,184 LTC ($3.9M) in private placement
Grayscale Litecoin Trust (LTC)
- Issued 546,200 shares at varying NAV-based prices to accredited investors under Rule 506(c).
- Aggregate consideration: 46,184.1632 LTC worth approximately $3,876,606.
- Total shares outstanding now 23,572,700 as of November 20, 2024.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.