secwatch.observer — SEC 8-K summary
======================================

Issuer:     Grayscale Zcash Trust (ZEC) (ZCSH)
CIK:        0001720265
Form:       8-K
Filed at:   2025-03-21T23:59:59+00:00
Accession:  0000950170-25-043257
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Zcash Trust issues 74,200 shares for ~$293k in private placement
--------------------------------------------------------------------------

- Issued 74,200 shares to accredited investors via Rule 506(c) at NAV-based prices.
- Gross proceeds of 6,185.50 ZEC, valued at $293,065; no underwriting discounts paid.
- Total shares outstanding reach 4,759,200 as of March 21, 2025.
- Grayscale Securities acted as Authorized Participant and deemed underwriter for the distribution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720265/000095017025043257/0000950170-25-043257-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720265/000095017025043257/zcsh-20250318.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-043257

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