{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-030874","form_type":"8-K","ticker":"HZEN","cik":"0001748945","company_name":"Grayscale Horizen Trust (ZEN)","filed_at":"2025-03-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.706999+00:00","generated_at":"2026-05-25T19:18:02.159707+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Grayscale Horizen Trust issued 238,300 Shares at NAV for $260,185 to accredited investors","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-030874","json":"https://secwatch.observer/filing/0000950170-25-030874.json","markdown":"https://secwatch.observer/filing/0000950170-25-030874.md","text":"https://secwatch.observer/filing/0000950170-25-030874.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1748945/000095017025030874/0000950170-25-030874-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1748945/000095017025030874/hzen-20250226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T19:18:02.159707+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"}