secwatch.observer — SEC 8-K summary
======================================

Issuer:     Grayscale Horizen Trust (ZEN) (HZEN)
CIK:        0001748945
Form:       8-K
Filed at:   2025-02-14T23:59:59+00:00
Accession:  0000950170-25-021146
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Horizen Trust issues 350,100 shares for $357k in ZEN to accredited investors
--------------------------------------------------------------------------------

- Issued 350,100 shares at NAV-based prices under Rule 506(c) exemption to accredited investors.
- Aggregate consideration: 29,744.61 ZEN (~$357,072).
- Total shares outstanding: 10,862,200 as of February 14, 2025.
- Grayscale Securities served as Authorized Participant; no underwriting discounts or commissions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748945/000095017025021146/0000950170-25-021146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748945/000095017025021146/hzen-20250211.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-021146

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