Grayscale Digital Large Cap Fund LLC Files 8-K

Ticker: GDLC · Form: 8-K · Filed: 2025-06-30T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, corporate-action, filing

TL;DR

GDLC filed an 8-K on 6/30 for events on 6/25 - material agreement entered and terminated.

AI Summary

Grayscale Digital Large Cap Fund LLC filed an 8-K on June 30, 2025, reporting events as of June 25, 2025. The filing indicates the entry into and termination of a material definitive agreement, along with financial statements and exhibits. The company's principal executive offices are located at 290 Harbor Drive, 4th Floor, Stamford, CT 06902.

Why It Matters

This filing signals significant corporate actions, including the execution and subsequent termination of a material agreement, which could impact the fund's operations and investor holdings.

Risk Assessment

Risk Level: medium — The termination of a material definitive agreement suggests potential disruptions or changes in the fund's strategic partnerships or operational structure.

Key Players & Entities

FAQ

What was the nature of the material definitive agreement that was entered into and subsequently terminated?

The filing does not specify the nature of the material definitive agreement, only that it was entered into and terminated as of June 25, 2025.

What are the specific financial statements and exhibits included with this 8-K filing?

The filing indicates that financial statements and exhibits are included, but their specific content is not detailed in the provided text.

What is the significance of the 'Termination of a Material Definitive Agreement' item?

This item signifies that a previously agreed-upon contract or arrangement deemed significant to the company has been ended.

Who is Grayscale Investments Sponsors, LLC in relation to Grayscale Digital Large Cap Fund LLC?

Grayscale Investments Sponsors, LLC is listed as the entity c/o which Grayscale Digital Large Cap Fund LLC's principal executive offices are located.

What is the Commission File Number for Grayscale Digital Large Cap Fund LLC?

The Commission File Number for Grayscale Digital Large Cap Fund LLC is 000-56284.

From the Filing

0000950170-25-091216.txt : 20250630 0000950170-25-091216.hdr.sgml : 20250630 20250630082611 ACCESSION NUMBER: 0000950170-25-091216 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20250625 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250630 DATE AS OF CHANGE: 20250630 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 EIN: 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: 251088831 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-20250625.htm 8-K 8-K 0001729997 false 0001729997 2025-06-25 2025-06-25   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): June 25, 2025     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 Sponsors, 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. Prime Broker Agreement On June 25, 2025, Grayscale Digital Large Cap Fund LLC (the “Fund”), Grayscale Investments Sponsors, LLC, the manager of the Fund (the “Manager”) and Coinbase, Inc., the prime broker of the Fund (“Coinbase” or the “Prime Broker”), on behalf of itself and as agent for Coinbase Custody Trust Company, LLC (“Coinbase Custody” or the “Custodian”) and Coinbase Credit, Inc. (“Coinbase Credit” and, collectively with Coinbase and Coinbase Custody, the “Coinbase Entities&#822

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