Grayscale Digital Large Cap Fund LLC Files 8-K
Ticker: GDLC · Form: 8-K · Filed: May 20, 2024 · CIK: 1729997
| Field | Detail |
|---|---|
| Company | Grayscale Digital Large Cap Fund LLC (GDLC) |
| Form Type | 8-K |
| Filed Date | May 20, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing, leadership-change
TL;DR
Grayscale Digital Large Cap Fund LLC filed an 8-K reporting leadership changes and financial updates.
AI Summary
On May 20, 2024, Grayscale Digital Large Cap Fund LLC filed an 8-K report. The filing primarily concerns the departure of directors or certain officers, the election of directors, and the appointment of certain officers. It also includes information on compensatory arrangements for certain officers and financial statements and exhibits.
Why It Matters
This filing indicates changes in the leadership and governance structure of Grayscale Digital Large Cap Fund LLC, which could impact its operational direction and investor relations.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure regarding leadership and financial statements, with no immediate negative financial implications indicated.
Key Players & Entities
- Grayscale Digital Large Cap Fund LLC (company) — Registrant
- May 20, 2024 (date) — Date of earliest event reported
- Grayscale Investments, LLC (company) — Mailing Address Contact
FAQ
What specific items are being reported in this 8-K filing?
This 8-K filing reports on the departure of directors or certain officers, the election of directors, the appointment of certain officers, compensatory arrangements of certain officers, and includes financial statements and exhibits.
What is the exact name of the Registrant as specified in its charter?
The exact name of the Registrant is Grayscale Digital Large Cap Fund LLC.
In which jurisdiction was Grayscale Digital Large Cap Fund LLC incorporated?
Grayscale Digital Large Cap Fund LLC was incorporated in the Cayman Islands.
What is the business address of Grayscale Digital Large Cap Fund LLC?
The business address is c/o Grayscale Investments, LLC, 290 Harbor Drive, 4th Floor, Stamford, Connecticut 06902.
What is the SEC file number for Grayscale Digital Large Cap Fund LLC?
The SEC file number for Grayscale Digital Large Cap Fund LLC is 000-56284.
Filing Stats: 757 words · 3 min read · ~3 pages · Grade level 12.8 · Accepted 2024-05-20 09:01:00
Filing Documents
- dp211405_8k-grayscale.htm (8-K) — 27KB
- dp211405_ex9901.htm (EX-99.1) — 9KB
- 0000950103-24-006871.txt ( ) — 211KB
- gdlc-20240520.xsd (EX-101.SCH) — 3KB
- gdlc-20240520_lab.xml (EX-101.LAB) — 33KB
- gdlc-20240520_pre.xml (EX-101.PRE) — 22KB
- dp211405_8k-grayscale_htm.xml (XML) — 4KB
02. Departure of Directors or Certain
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On May 20, 2024, Grayscale Investments, LLC (" Grayscale "), the sponsor of Grayscale Digital Large Cap Fund LLC (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. 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. 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. Mr. Mintzberg joins Grayscale from Goldman Sachs where he currently holds the position of Global Head of Strategy for Asset and Wealth Management. Prior to that, he held a number of global leadership roles in Strategy, M&A and Investor Relations at BlackRock, OppenheimerFunds, and Invesco. Mintzberg has over two decades of experience and has deep knowledge across a broad-base of client types and asset classes, developing and executing strategy and innovating to drive growth.Mintzberg started his career working at McKinsey & Co. in New York, San Francisco and So Paulo, focused on the financial services and technology sectors. In 2018, Mintzberg was recognized as a Latino leader in Finance by The Alumni Society. Mintzberg was also selected as a David Rockefeller Fellow in the 2016-2017 Class by the Partnership for New York City.He earned a bachelor's degree in engineering from the Universidade Federal Rio de Janeiro and an MBA from Harvard University. A copy of Grayscale's press release is attached as Exhibit 99
01. Financial Statements
Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press Release, dated May 20, 2024, of Grayscale Investments, LLC 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 Manager of Grayscale Digital Large Cap Fund LLC Date: May 20, 2024 By: /s/ Edward McGee Edward McGee Chief Financial Officer* * The Registrant is a fund and the identified person signing this report is signing in their capacity as an authorized officer of Grayscale Investments, LLC, the Manager of the Registrant.