secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Bittensor Trust (TAO) (GTAO)
CIK:        0002029297
Form:       8-K
Filed at:   2026-04-01T23:59:59+00:00
Accession:  0001193125-26-137945
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Bittensor Trust issued 121,300 shares for $715K in private placement
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- Issued 121,300 shares to accredited investors at NAV-based prices under Rule 506(c).
- Aggregate proceeds: 2,322.5058 TAO ($715,103).
- Shares outstanding as of April 1, 2026: 2,002,800.
- Grayscale Securities acted as Authorized Participant; may be deemed an underwriter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2029297/000119312526137945/0001193125-26-137945-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2029297/000119312526137945/tao-20260328.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-137945

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