Company: OSOL
Filing Date: 2025-10-22
Form Type: S-1
Source: 0001493152-25-018952
Chunk: 220

Company: Osprey Solana Trust
Filing Date: 2025-10-22
Form: S-1
Chunk 220
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. | Related 
 Parties |

The Sponsor pays certain expenses on behalf of, and is reimbursed by, the Trust. For the three months ended June 30, 2025, and 2024 the Trust reimbursed the Sponsor the expenses in the amount of $ 15,867and $ 53,031, respectively. For the six months ended June 30, 2025, and 2024 the Trust reimbursed the Sponsor the expenses in the amount of $ 16,928and $ 54,867, respectively. As of June 30, 2025 and December 31, 2024, $ 613and $ 856of expenses remain payable to the Sponsor, respectively, which are recorded as due to the Sponsor in the accompanying statements of assets and liabilities.

For the three months ended June 30, 2025, and 2024, the Trust incurred Management Fees of $ 186,101and $ 188,155, respectively. For the six months ended June 30, 2025, and 2024, the Trust incurred Management Fees of $ 406,400and $ 336,396, respectively. As of June 30, 2025 and December 31, 2024, there were unpaid Management Fees of $ 64,769and $ 81,961, respectively, which are recorded as management fee payable in the accompanying statements of assets and liabilities.

For the three months ended June 30, 2025, and 2024 the Trust received Staking Rewards in the amount of 4,119SOL, and 3,629SOL, respectively; and distributed 4,206SOL and 3,539SOL to the Sponsor, respectively. For the six months ended June 30, 2025, and 2024 the Trust received Staking Rewards in the amount of 8,384SOL, and 7,227SOL, respectively; and distributed 8,646SOL and 6,553SOL to the Sponsor, respectively. As of June 30, 2025 and December 31, 2024, 1,135SOL and 1,397SOL remains payable, respectively, and is valued at $ 179,037and $ 270,612in the statement of assets and liabilities, respectively.

Certain shareholders are related parties of the Trust. The aggregate number of Shares owned by related parties is 1,005, valued at $ 4