secwatch.observer — SEC 8-K summary
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Issuer:     Grayscale Bittensor Trust (TAO) (GTAO)
CIK:        0002029297
Form:       8-K
Filed at:   2026-10-13T20:03:59+00:00
Accession:  0001193125-26-420401
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 3.02
LLM model:  deepseek-v4.1-flash:cloud@v2

Grayscale Bittensor Trust issues 253,100 shares for 4,778 TAO worth $1.45M
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- Sold 253,100 Shares to accredited investors at NAV-based prices in Rule 506(c) private placements, receiving 4,777.99171760 TAO worth $1,451,029.
- Shares issued and outstanding rose to 3,247,300 as of October 13, 2026.
- Grayscale Securities, LLC acted as Authorized Participant; no underwriting discounts or commissions were paid.
- Trust notes Shares are created periodically, so a 'distribution' may be occurring; Grayscale Securities may be deemed an underwriter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2029297/000119312526420401/0001193125-26-420401-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2029297/000119312526420401/gtao-20261007.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-420401

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