secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Horizen Trust (ZEN) (HZEN)
CIK:        0001748945
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0000950170-25-007213
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Horizen Trust issues 108,900 shares in private placement for $240,402
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748945/000095017025007213/0000950170-25-007213-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748945/000095017025007213/hzen-20250115.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-007213

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