Grayscale Zcash Trust (ZEC) Files 8-K

TL;DR

Grayscale Zcash Trust (ZEC) changed its auditor, filing an 8-K on March 6, 2024.

AI Summary

Grayscale Zcash Trust (ZEC) filed an 8-K on March 6, 2024, reporting changes related to its certifying accountant and financial statements. The filing covers events as of March 1, 2024, and indicates a change in the registrant's certifying accountant. The trust, incorporated in Delaware, operates under the IRS number 826646113.

Why It Matters

This filing signals a change in the auditor for the Grayscale Zcash Trust, which could impact financial reporting and investor confidence.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of administrative changes and does not indicate any immediate financial distress or operational issues.

Key Numbers

• 000-56433 — SEC File Number (Identifies the trust's filing with the SEC.)
• 82-6646113 — IRS Number (Tax identification number for the trust.)

Key Players & Entities

• Grayscale Zcash Trust (ZEC) (company) — Registrant
• March 1, 2024 (date) — Date of earliest event reported
• March 6, 2024 (date) — Date of Report
• Delaware (jurisdiction) — State of Incorporation
• 826646113 (identifier) — IRS Employer Identification No.
• Grayscale Investments, LLC (company) — Related entity

FAQ

Filing Documents

• zcsh-20240301.htm (8-K) — 49KB
• zcsh-ex16_1.htm (EX-16.1) — 5KB
• 0000950170-24-027135.txt ( ) — 171KB
• zcsh-20240301.xsd (EX-101.SCH) — 28KB
• zcsh-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 Zcash Trust (ZEC) (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 March 1, 2

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 the Grayscale Zcash Trust (ZEC) Date: March 6, 2024 By: /s/ Michael Sonnenshein Michael Sonnenshein Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR