Grayscale Digital Large Cap Fund Files 8-K

TL;DR

Grayscale Digital Large Cap Fund filed an 8-K on 3/22/24, reporting material agreements and financials.

AI Summary

On March 22, 2024, Grayscale Digital Large Cap Fund LLC filed an 8-K report. The filing indicates an entry into a material definitive agreement and includes financial statements and exhibits. The company's principal executive offices are located at 290 Harbor Drive, 4th Floor, Stamford, Connecticut.

Why It Matters

This filing provides an update on Grayscale Digital Large Cap Fund LLC's material agreements and financial status, which is important for investors tracking the fund's activities.

Risk Assessment

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

Key Players & Entities

• Grayscale Digital Large Cap Fund LLC (company) — Registrant
• 290 Harbor Drive, 4th Floor, Stamford, Connecticut (location) — Principal Executive Offices
• March 22, 2024 (date) — Date of earliest event reported

FAQ

From the Filing

0000950170-24-035630.txt : 20240325 0000950170-24-035630.hdr.sgml : 20240325 20240325070942 ACCESSION NUMBER: 0000950170-24-035630 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 Digital Large Cap Fund LLC CENTRAL INDEX KEY: 0001729997 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 981406784 STATE OF INCORPORATION: E9 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-56284 FILM NUMBER: 24776870 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 8-K 1 gdlc-20240322.htm 8-K 8-K false 0001729997 0001729997 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 Digital Large Cap Fund LLC (Exact name of Registrant as Specified in Its Charter)     Cayman Islands 000-56284 98-1406784 (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 Digital Large Cap Fund LLC Shares   GDLC   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 manager (the “Manager”) of Grayscale Digital Large Cap Fund LLC (the “Fund”) entered into Amendment No. 3 (“Amendment No. 3”) to the Fund’s Second Amended and Restated Limited Liability Company Agreement (the “LLC Agreement”) in order to modify the definition of “Business Day” (as defined therein). While the LLC Agreement currently provides that a Business Day means any day other than a Saturday, Sunday, or other day on which banks are closed for business in New York, New York, Amendment No. 3 provides that a Business Day