secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Stellar Lumens Trust (XLM) (GXLM)
CIK:        0001761325
Form:       8-K
Filed at:   2025-10-21T23:59:59+00:00
Accession:  0001193125-25-245113
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Stellar Lumens Trust shareholders approve four trust agreement amendments with >95% consent
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- Proposal 1 (alternative creation/redemption procedures) approved: 97.74% consent.
- Proposal 2 (Sponsor's Fee payable daily in arrears) approved: 97.21% consent.
- Proposal 3 (omnibus accounts for creation/redemption) approved: 97.69% consent.
- Proposal 4 (amendments with 20-day notice) approved: 95.94% consent.
- Consent solicitation concluded on October 15, 2025; amendments effective upon execution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761325/000119312525245113/0001193125-25-245113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761325/000119312525245113/gxlm-20251015.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-245113

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