{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-041982","form_type":"8-K","ticker":"HZEN","cik":"0001748945","company_name":"Grayscale Horizen Trust (ZEN)","filed_at":"2025-03-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.707206+00:00","generated_at":"2026-05-24T11:54:38.644238+00:00","sec_items":["3.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Grayscale Horizen Trust (ZEN) issues 125,400 Shares for $105,134 in private placement","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-041982","json":"https://secwatch.observer/filing/0000950170-25-041982.json","markdown":"https://secwatch.observer/filing/0000950170-25-041982.md","text":"https://secwatch.observer/filing/0000950170-25-041982.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1748945/000095017025041982/0000950170-25-041982-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1748945/000095017025041982/hzen-20250315.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T11:54:38.644238+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"}