{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-007213","form_type":"8-K","ticker":"HZEN","cik":"0001748945","company_name":"Grayscale Horizen Trust (ZEN)","filed_at":"2025-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.706559+00:00","generated_at":"2026-05-27T22:16:42.281836+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Grayscale Horizen Trust issues 108,900 shares in private placement for $240,402","bullets":["Shares issued to accredited investors under Rule 506(c); prices based on NAV per share.","Aggregate proceeds of $240,402; no underwriting discounts or commissions paid.","Total shares outstanding increase to 10,512,100 as of January 21, 2025.","Grayscale Securities acted as authorized participant facilitating the creation."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-007213","json":"https://secwatch.observer/filing/0000950170-25-007213.json","markdown":"https://secwatch.observer/filing/0000950170-25-007213.md","text":"https://secwatch.observer/filing/0000950170-25-007213.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1748945/000095017025007213/0000950170-25-007213-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1748945/000095017025007213/hzen-20250115.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T22:16:42.281836+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}