Grayscale Litecoin Trust issues 242,900 shares in private placement for ~$2.3M in LTC

Grayscale Litecoin Trust (LTC)

Sold 242,900 shares to accredited investors at NAV-based prices under Rule 506(c).
Aggregate proceeds: 20,482.838 LTC valued at $2,312,204 as of issuance.
Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.
Total shares outstanding increased to 24,137,200 as of Jan 14, 2025.

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