secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Horizen Trust (ZEN) (HZEN)
CIK:        0001748945
Form:       8-K
Filed at:   2025-03-19T23:59:59+00:00
Accession:  0000950170-25-041982
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748945/000095017025041982/0000950170-25-041982-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748945/000095017025041982/hzen-20250315.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-041982

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