M&A: Grayscale Digital Large Cap Fund LLC
Form Type: 8-K
Filing Date: 2025-01-03
Corporate Action: Merger
Type: New
Accession Number: 000095017025001115
Comments: On January 1, 2025, Grayscale Investments, LLC consummated an internal corporate reorganization, merging with Grayscale Operating, LLC, a wholly owned indirect subsidiary of Digital Currency Group, Inc. As a result of this merger, GSO succeeded to all rights, privileges, and liabilities of GSI. GSO subsequently assigned certain manager contracts to Grayscale Investments Sponsors, LLC. Despite these changes, the organization does not expect any significant impact on the Fund's operations. Additionally, on January 3, 2025, GSO voluntarily withdrew as a Manager of the Fund after a 120-day notice period, which will leave GSIS as the sole remaining Manager of the Fund.
Document Link: View Document
Additional details:
Corporate Reorganization Date: 2025-01-01
Manager Before Reorganization: Grayscale Investments, LLC
Manager After Reorganization: Grayscale Operating, LLC
Surviving Company: Digital Currency Group, Inc.
Contracts Assigned To: Grayscale Investments Sponsors, LLC
Withdrawal Notice Period: 120 days