Grayscale Ethereum Classic Trust Files 8-K

TL;DR

Grayscale ETC files 8-K, reporting material agreement and financials.

AI Summary

Grayscale Ethereum Classic Trust (ETC) filed an 8-K on March 25, 2024, reporting on events as of March 22, 2024. The filing indicates the entry into a material definitive agreement and includes financial statements and exhibits. The company, formerly known as Ethereum Classic Investment Trust, is incorporated in Delaware and its fiscal year ends on December 31.

Why It Matters

This 8-K filing signals a material definitive agreement and the submission of financial statements for Grayscale Ethereum Classic Trust, providing updated information to investors.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of material agreements and financial statements, not indicating any immediate operational or financial distress.

Key Numbers

• 000-56309 — SEC File Number (Identifies the specific filing with the SEC)
• 82-6239281 — IRS Employer Identification No. (Tax identification number for the registrant)

Key Players & Entities

• Grayscale Ethereum Classic Trust (ETC) (company) — Registrant
• Ethereum Classic Investment Trust (company) — Former company name
• Delaware (jurisdiction) — State of incorporation
• March 22, 2024 (date) — Date of earliest event reported
• March 25, 2024 (date) — Date of report

FAQ

From the Filing

0000950170-24-035631.txt : 20240325 0000950170-24-035631.hdr.sgml : 20240325 20240325071015 ACCESSION NUMBER: 0000950170-24-035631 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20240322 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240325 DATE AS OF CHANGE: 20240325 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grayscale Ethereum Classic Trust (ETC) CENTRAL INDEX KEY: 0001705181 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 826239281 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-56309 FILM NUMBER: 24776871 BUSINESS ADDRESS: STREET 1: 290 HARBOR DRIVE STREET 2: 4TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 212-668-1427 MAIL ADDRESS: STREET 1: 290 HARBOR DRIVE STREET 2: 4TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 FORMER COMPANY: FORMER CONFORMED NAME: Ethereum Classic Investment Trust DATE OF NAME CHANGE: 20170427 8-K 1 etcg-20240322.htm 8-K 8-K 0001705181 false 0001705181 2024-03-22 2024-03-22     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 22, 2024     Grayscale Ethereum Classic Trust (ETC) (Exact name of Registrant as Specified in Its Charter)     Delaware 000-56309 82-6239281 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           c/o Grayscale Investments, LLC 290 Harbor Drive, 4th Floor   Stamford , Connecticut   06902 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: 212 668-1427   N/A (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(g) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Grayscale Ethereum Classic Trust (ETC) Shares   ETCG   N/A Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐         Item 1.01 Entry into a Material Definitive Agreement. On March 22, 2024, Grayscale Investments, LLC, the sponsor (the “Sponsor”) of Grayscale Ethereum Classic Trust (ETC) (the “Trust”) and the Delaware Trust Company, the trustee (the “Trustee”) of the Trust entered into Amendment No. 4 (the “Amendment No. 4”) to the Trust’s Second Amended and Restated Declaration of Trust and Trust Agreement (the “Trust Agreement”) in order to modify the definition of “Business Day&#822