Company: OSOL
Filing Date: 2025-10-22
Form Type: S-1
Source: 0001493152-25-018952
Chunk: 8

Company: Osprey Solana Trust
Filing Date: 2025-10-22
Form: S-1
Chunk 8
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 be loaned or pledged, or serve as collateral for any loan, margin, rehypothecation, or other similar activity to which the Sponsor, the Trust or any of their respective affiliates are a party.

Some of the notable features of the Trust and its Shares include the holding of SOL in the Trust’s own accounts, the experience of the Sponsor’s management team in the SOL industry and the use of the SOL Custodian to protect the Trust’s private keys. See “Business of the Trust—Activities of the Trust.”

The Sponsor maintains an internet website at www.ospreyfunds.io, through which the Trust’s annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and amendments to those reports filed or furnished pursuant to Section 13(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), will be made available free of charge after they have been filed with or furnished to the Securities and Exchange Commission (the “SEC”) in each case following the effective date of the registration statement of which this prospectus forms a part. Additional information regarding the Trust may also be found on the SEC’s EDGAR database at www.sec.gov.

The contents of the websites referred to above and any websites referred to herein are not incorporated into this filing or any other reports or documents we file with or furnish to the SEC. Further, our references to the URLs for these websites are intended to be inactive textual references only.

Trust Objective and Determination of NAV

The Trust’s purpose is to provide exposure to the value of SOL held by the Trust, less the expenses of the Trust’s operations and other liabilities. In seeking to achieve this objective, the Trust will hold SOL and establish its NAV by reference to the Index, less the Trust’s expenses and other liabilities. There can be no assurance that the Trust will be able to achieve its investment objective. Prior to effectiveness of the registration statement, the Trust calculated NAV using the fair value of SOL as reflected by the execution on its principal market as determined by an independent third-party digital asset data company, Lukka Inc. (“Lukka”).

The Trust’s financial statements are prepared in accordance with the Financial Accounting Standards Board Accounting Standards Codification Topic 820, “Fair Value Measurements and Disclosures” (“ASC Topic 820-10”). The Trust determines the current value of SOL by reference to the market price of SOL as determined once each business day, at 4:00 p.m., New York