Company: GSUI
Filing Date: 2025-12-05
Form Type: S-1
Source: 0001193125-25-309828
Chunk: 128

Company: Grayscale Sui Trust (SUI)
Filing Date: 2025-12-05
Form: S-1
Chunk 128
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UI and Determination of NAV” above for a description of the Trust’s NAV per Share. The Digital Asset Trading Platforms included in the Index (the “Constituent Trading Platforms”) as of both September 30, 2025 and 2024, were Coinbase, Crypto.com and Kraken. For accounting purposes, the Trust reflects creations and the SUI receivable with respect to such creations on the date of receipt of a notification of a creation but does not issue Shares until the requisite amount of SUI is received. For the periods ended September 30, 2025 and 2024, the Trust did not accept redemption requests from shareholders. Subject to receipt of regulatory approval from the SEC and approval by the Sponsor in its sole discretion, the Trust may in the future operate a redemption program. As of September 30, 2025, the Trust had a net closing balance with a value of $10,009,930, based on the Index Price (non-GAAP methodology). As of September 30, 2025, the Trust had a total market value of $10,102,902, based on the Digital Asset Market price of SUI on the Trust’s principal market (Coinbase).

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As of September 30, 2024, the Trust had a net closing balance with a value of $2,544,366, based on the Index Price (non-GAAP methodology). As of September 30, 2024, the Trust had a total market value of $2,544,365, based on the Digital Asset Market price of SUI on the Trust’s principal market (Coinbase) For the Period from August 1, 2024 (the commencement of the Trust’s operations) to December 31, 2024 (unaudited) (All SUI balances are rounded to the nearest whole SUI)

|                                                 |     | August 1, 2024 (the                                          
 Commencement of the Trust’s Operations) to December 31, 2024 |           |   |
|:------------------------------------------------|:----|:-------------------------------------------------------------|----------:|:--|
| SUI:                                            |     |                                                              |           |   |
| Opening balance                                 |     |                                                              |         - |   |
| Creations                                       |     |                                                              | 3,045,980 |   |
| Sponsor’s Fee, related party                    |     |                                                              |   (16,103 | ) |
| Closing balance