Grayscale Ethereum Classic Trust Files 8-K
Ticker: ETCG · Form: 8-K · Filed: Mar 6, 2024 · CIK: 1705181
| Field | Detail |
|---|---|
| Company | Grayscale Ethereum Classic Trust (Etc) (ETCG) |
| Form Type | 8-K |
| Filed Date | Mar 6, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, filing, financials
TL;DR
Grayscale ETC changed its auditor, filing an 8-K on March 1st.
AI Summary
On March 1, 2024, Grayscale Ethereum Classic Trust (ETC) filed an 8-K report. The filing primarily concerns changes in the registrant's certifying accountant and includes financial statements and exhibits. The company, formerly known as Ethereum Classic Investment Trust, is incorporated in Delaware and has its principal executive offices in Stamford, Connecticut.
Why It Matters
This filing indicates a change in the trust's auditor, which could signal internal changes or a routine transition in financial oversight.
Risk Assessment
Risk Level: low — The filing is a standard procedural update regarding a change in auditor and does not contain information about significant financial distress or operational changes.
Key Numbers
- 000-56309 — SEC File Number (Identifies the trust's filing with the SEC.)
- 82-6239281 — IRS Employer Identification No. (Tax identification number for the trust.)
Key Players & Entities
- Grayscale Ethereum Classic Trust (ETC) (company) — Registrant
- Ethereum Classic Investment Trust (company) — Former Company Name
- March 1, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- Stamford, Connecticut (location) — Address of Principal Executive Offices
FAQ
What is the primary reason for this 8-K filing?
The primary reasons are changes in the registrant's certifying accountant and the filing of financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported was on March 1, 2024.
What was the former name of Grayscale Ethereum Classic Trust (ETC)?
The former name was Ethereum Classic Investment Trust.
In which state is Grayscale Ethereum Classic Trust (ETC) incorporated?
The trust is incorporated in Delaware.
What is the business address of Grayscale Ethereum Classic Trust (ETC)?
The business address is c/o Grayscale Investments, LLC, 290 Harbor Drive, 4th Floor, Stamford, Connecticut 06902.
Filing Stats: 879 words · 4 min read · ~3 pages · Grade level 16 · Accepted 2024-03-06 16:03:41
Filing Documents
- etcg-20240301.htm (8-K) — 48KB
- etcg-ex16_1.htm (EX-16.1) — 5KB
- 0000950170-24-027122.txt ( ) — 178KB
- etcg-20240301.xsd (EX-101.SCH) — 32KB
- etcg-20240301_htm.xml (XML) — 5KB
01 Changes in Registrant's Certifying Accountant
Item 4.01 Changes in Registrant's Certifying Accountant. (a) Dismissal of Previous Independent Registered Public Accounting Firm On March 1, 2024, the Audit Committee of the Board of Directors of Grayscale Investments, LLC, the sponsor (the "Sponsor") of Grayscale Ethereum Classic Trust (ETC) (the "Trust"), approved the dismissal of the current independent registered public accounting firm of the Trust, Marcum LLP ("Marcum"), effective March 1, 2024. Marcum's responsibilities as the Trust's independent registered public accounting firm ceased upon completion of the audit engagement for the Trust's financial statements for the fiscal year ending December 31, 2023. The reports of Marcum on the financial statements of the Trust for the years ending December 31, 2023 and 2022 contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principle, except for the inclusion of an emphasis of matter paragraph with respect to investments in digital assets. In connection with the audits of the years ending December 31, 2023 and 2022 and the subsequent interim period from January 1, 2024 through March 1, 2024, there have been no "disagreements" (as defined in Item 304(a)(1)(iv) of Regulation S-K promulgated under the Exchange Act ("Regulation S-K") and the related instructions thereto) with Marcum on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Marcum, would have caused Marcum to make reference thereto in their report on the financial statements for such years. The Sponsor has furnished to Marcum the statements made in this Item 4.01. Attached as Exhibit 16.1 to this Form 8-K is Marcum's letter to the Securities and Exchange Commission (the "SEC"), dated March 6, 2024, regarding these statements. (b) Appointment of New Independent Registered Public Accounting Firm On
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 16.1 Letter, dated March 6, 2024 from Marcum LLP to the SEC, regarding change in certifying accountant of the Trust. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Grayscale Investments, LLC as Sponsor of Grayscale Ethereum Classic Trust (ETC) Date: March 6, 2024 By: /s/ Michael Sonnenshein Michael Sonnenshein Chief Executive Officer