secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Stellar Lumens Trust (XLM) (GXLM)
CIK:        0001761325
Form:       8-K
Filed at:   2024-11-22T23:59:59+00:00
Accession:  0000950170-24-130210
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Stellar Lumens Trust issues 20,100 Shares to accredited investors via private placement
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- Issued 20,100 Shares at varying NAV-based prices for an aggregate of 1,732,154.78 XLM ($333,048).
- Total shares outstanding as of Nov 22, 2024: 1,374,200 Shares.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts or commissions paid.
- Sales exempt from registration under Rule 506(c) of Regulation D to accredited investors only.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761325/000095017024130210/0000950170-24-130210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761325/000095017024130210/gxlm-20241119.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-130210

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer