Grayscale Horizen Trust sponsor reorganized; GSO merges with GSI, then assigns contracts to GSIS

Grayscale Horizen Trust (ZEN)

Grayscale Investments, LLC merged into Grayscale Operating, LLC on Jan 1, 2025; GSO is surviving entity.
GSO assigned all sponsor contracts to Grayscale Investments Sponsors, LLC effective Jan 1, 2025.
GSO voluntarily withdrew as sponsor on Jan 3, 2025, effective after 120 days; GSIS to be sole sponsor.
Grayscale expects no material impact on the Trust's operations from the reorganization.
GSIS admitted as additional sponsor under the Amended and Restated Declaration of Trust.

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