Grayscale Horizen Trust (ZEN) issues 125,400 Shares for $105,134 in private placement

Grayscale Horizen Trust (ZEN)

Issued 125,400 Shares to accredited investors at NAV-based prices via Rule 506(c).
Aggregate proceeds of 10,634.26853842 ZEN ($105,134); no underwriting discounts paid.
Total shares outstanding now 11,225,900 as of March 19, 2025.
Grayscale Securities acted as Authorized Participant in the offering.

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