secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Litecoin Trust (LTC) (LTCN)
CIK:        0001732406
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0000950170-24-136184
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Litecoin Trust issues 321,600 shares for $3.27M in private placement
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- Issued 321,600 Shares at NAV-based prices to accredited investors under Rule 506(c).
- Received 27,150.888 LTC ($3,270,225) from the private placement.
- Total shares outstanding now 23,894,300 as of December 13, 2024.
- Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1732406/000095017024136184/0000950170-24-136184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1732406/000095017024136184/ltcn-20241210.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-136184

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