Grayscale Horizen Trust issued 238,300 Shares at NAV for $260,185 to accredited investors

Grayscale Horizen Trust (ZEN)

Issued 238,300 Shares at NAV-based prices to accredited investors under Rule 506(c).
Total proceeds were 20,225.85693168 ZEN representing $260,185.
Shares outstanding now 11,100,500 as of March 3, 2025.
Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.

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