secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Horizen Trust (ZEN) (HZEN)
CIK:        0001748945
Form:       8-K
Filed at:   2025-03-03T23:59:59+00:00
Accession:  0000950170-25-030874
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748945/000095017025030874/0000950170-25-030874-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748945/000095017025030874/hzen-20250226.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-030874

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