Foresight News reports that Grayscale has submitted an 8-K form for the Grayscale Horizen Trust (ZEN) to the U.S. Securities and Exchange Commission (SEC). The document shows that the trust issued 3,565,200 shares through a private placement to specific 'qualified investors', totaling approximately 304,034 ZEN tokens, valued at $4,712,299, with Grayscale Securities serving as the authorized participant. As of December 23, 2024, the total issuance has reached 10,403,200.
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Grayscale submits Horizen Trust 8-K form to SEC, raising $4.71 million through private placement
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