secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Bittensor Trust (TAO) (GTAO)
CIK:        0002029297
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001193125-26-170664
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Grayscale Bittensor Trust sells 182,600 shares for ~$1M in private placement
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- Issued 182,600 shares at NAV-derived prices to accredited investors under Rule 506(c).
- Raised aggregate of 3,488.08 TAO ($1,000,457); Grayscale Securities acted as Authorized Participant.
- Total shares outstanding now 2,185,400 as of April 22, 2026.
- No underwriting discounts or commissions paid with respect to the sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2029297/000119312526170664/0001193125-26-170664-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2029297/000119312526170664/tao-20260418.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-170664

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