HZEN Grayscale Horizen Trust (ZEN)

CIK 0001748945 18 ready 8-Ks latest December 23, 2025, 6:59 PM ET RSS · JSON

Activity: NORMAL 0 filings / 30d vs 0 baseline

Ready 8-Ks 18

Latest filing December 23, 2025, 6:59 PM ET

Top materiality 0.70

Event mix other_material ×11 · leadership ×5 · other ×2

Sentiment 0 pos · 0 neg · 18 neu

Executive change recent →

Recent 8-K filings for HZEN

Highest-materiality recent filing

Grayscale Horizen Trust issues 3.57M shares in private placement, raising $4.71M

December 23, 2024, 6:59 PM ET other material materiality 0.70 neutral item 3.02

Issued 3,565,200 shares at NAV-based prices to accredited investors under Rule 506(c), raising $4,712,299.
Grayscale Securities acted as Authorized Participant; no underwriting discounts paid.

Read filing →

December 23, 2025, 6:59 PM ET other material materiality 0.65 neutral item 5.03 item 8.01 item 9.01 ◈ Governance Changes

Grayscale Horizen Trust changes fiscal year to Dec 31, continues trust operations after token migration

Fiscal year changed from Sept 30 to Dec 31, effective for FY beginning Jan 1, 2025; transition report on Form 10-KT for Oct-Dec 2025 to be filed.
December 3, 2025, 6:59 PM ET other materiality 0.05 neutral item 8.01

Grayscale Horizen Trust disclaims endorsement of third-party content from X cashtags

Filing warns investors that X automatically converts $HZEN cashtags into third-party content pages.
October 24, 2025, 7:59 PM ET other materiality 0.10 neutral item 8.01

Grayscale Horizen Trust sponsor reorganized internally; no operational impact

On Oct 22, 2025, GSOIH transferred membership units in GSO to new entity Grayscale Investments, which became sole managing member of sponsor.
October 14, 2025, 7:59 PM ET leadership materiality 0.30 neutral item 5.02

Grayscale parent GSOIH: Matthew Kummell resigns, Simon Koster appointed director

Matthew Kummell stepped down as director of GSOIH, the sole managing member of Grayscale Operating, effective Oct 13, 2025.
August 4, 2025, 7:59 PM ET leadership materiality 0.55 neutral item 5.02 item 9.01

Barry Silbert appointed Chairman of Grayscale Horizen Trust Board; Shifke steps down as Chairman

Barry Silbert, founder of DCG, appointed Director and Chairman of the Board effective August 4, 2025.
July 18, 2025, 7:59 PM ET other material materiality 0.60 neutral item 7.01

Grayscale Horizen Trust to migrate ZEN tokens to Base blockchain by July 23, 2025; viability review by Dec 2025

Migration from Horizen mainnet to Base blockchain (Layer-2) effective July 23, 2025.
April 9, 2025, 7:59 PM ET leadership materiality 0.50 neutral item 5.02 item 9.01

Grayscale appoints Diana Zhang as new COO; prior COO Hugh Ross to depart by May 31

Diana Zhang appointed Chief Operating Officer of Grayscale Operating, LLC effective May 6, 2025.
April 9, 2025, 7:59 PM ET other material materiality 0.15 neutral item 3.02

Grayscale Horizen Trust issues 154,900 shares to accredited investors, raising $110,066

Issued 154,900 shares at NAV per share to accredited investors in exemption under Rule 506(c).
March 19, 2025, 7:59 PM ET other material materiality 0.25 neutral item 3.02

Grayscale Horizen Trust (ZEN) issues 125,400 Shares for $105,134 in private placement

Issued 125,400 Shares to accredited investors at NAV-based prices via Rule 506(c).
March 3, 2025, 6:59 PM ET other material materiality 0.30 neutral item 3.02

Grayscale Horizen Trust issued 238,300 Shares at NAV for $260,185 to accredited investors

Issued 238,300 Shares at NAV-based prices to accredited investors under Rule 506(c).
February 14, 2025, 6:59 PM ET other material materiality 0.25 neutral item 3.02

Grayscale Horizen Trust issues 350,100 shares for $357k in ZEN to accredited investors

Issued 350,100 shares at NAV-based prices under Rule 506(c) exemption to accredited investors.
January 21, 2025, 6:59 PM ET other material materiality 0.25 neutral item 3.02

Grayscale Horizen Trust issues 108,900 shares in private placement for $240,402

Shares issued to accredited investors under Rule 506(c); prices based on NAV per share.
January 3, 2025, 6:59 PM ET other material materiality 0.10 neutral item 1.01 item 8.01 item 9.01

Grayscale Horizen Trust sponsor reorganized; GSO merges with GSI, then assigns contracts to GSIS

Grayscale Investments, LLC merged into Grayscale Operating, LLC on Jan 1, 2025; GSO is surviving entity.
December 23, 2024, 6:59 PM ET other material materiality 0.70 neutral item 3.02

Grayscale Horizen Trust issues 3.57M shares in private placement, raising $4.71M

Issued 3,565,200 shares at NAV-based prices to accredited investors under Rule 506(c), raising $4,712,299.
May 20, 2024, 7:59 PM ET leadership materiality 0.70 neutral item 5.02 item 9.01 ◈ executive_change ×3

Grayscale Horizen Trust sponsor CEO transition: Peter Mintzberg to succeed Sonnenshein

Peter Mintzberg appointed CEO of Grayscale Investments, effective August 15, 2024; Michael Sonnenshein steps down immediately.
March 25, 2024, 7:59 PM ET other material materiality 0.10 neutral item 1.01 item 9.01 ◈ Material Agreements

Grayscale Horizen Trust amends definition of 'Business Day' in Trust Agreement

Amendment changes Business Day from bank closure to national securities exchange closure in NYC.
March 6, 2024, 6:59 PM ET other material materiality 0.20 neutral item 4.01 item 9.01 ◈ Auditor Changes ×2

Grayscale Horizen Trust replacing auditor; Marcum to exit after FY2024, KPMG to begin FY2025

Audit Committee dismissed Marcum LLP as independent auditor, effective after completion of FY2024 audit (Sep 30, 2024).
December 26, 2023, 6:59 PM ET leadership materiality 0.50 neutral item 8.01

Grayscale Horizen Trust sponsor board reshuffles: Silbert, Murphy out; Shifke as Chairman

Barry Silbert and Mark Murphy resign from Grayscale Investments board effective Jan 1, 2024.

Executive changes

Appointed

Peter Mintzberg

Chief Executive Officer

HZEN · Grayscale Horizen Trust (ZEN)

Effective: 2024-08-15
Filed: May 20, 2024, 7:59 PM ET

On May 20, 2024, Grayscale Investments, LLC (“Grayscale”), the sponsor of Grayscale Horizen Trust (ZEN) (the “Company”), announced that it has approved the appointment of Peter Mintzberg to serve as Grayscale’s new Chief Executive Officer and the principal executive officer of the Company, and a member of the Board of Directors of Grayscale, effective August 15, 2024.

Role change (interim)

Edward McGee

interim principal executive officer

HZEN · Grayscale Horizen Trust (ZEN)

Effective: 2024-05-20
Filed: May 20, 2024, 7:59 PM ET

Mr. Edward McGee, the Chief Financial Officer of Grayscale and principal financial officer of the Company, will serve as principal executive officer on an interim basis until Mr. Mintzberg’s commencement date.

Departed

Michael Sonnenshein

Chief Executive Officer

HZEN · Grayscale Horizen Trust (ZEN)

Effective: 2024-05-20
Successor: Peter Mintzberg
Filed: May 20, 2024, 7:59 PM ET

Mr. Mintzberg will succeed Michael Sonnenshein, the current Chief Executive Officer of Grayscale and the principal executive officer of the Company, who has decided to step down from his position, effective immediately.

Materiality & sentiment trend

Max materiality 0.70 · Median 0.28 · Most common event other_material

0 positive 0 negative 18 neutral

source · HZEN on sec.gov