Company: OSOL
Filing Date: 2025-10-22
Form Type: S-1
Source: 0001493152-25-018952
Chunk: 183

Company: Osprey Solana Trust
Filing Date: 2025-10-22
Form: S-1
Chunk 183
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10]% of the gross proceeds of the offering.

Pursuant to a Marketing Agent Agreement (the “Marketing Agent Agreement”) to be entered into between the Sponsor and Foreside Fund Services, LLC, as Marketing Agent (the “Marketing Agent”), the Marketing Agent will be paid by the Sponsor an annual fee. In addition, the Sponsor will pay certain out-of-pocket fees and expenses of the Marketing Agent incurred in connection with its assistance in the marketing of the Trust and its Shares.

Under the Marketing Agent Agreement, the Marketing Agent will provide the following services to the Sponsor:

| ● | Assist                                                                                          
 the Sponsor in facilitating Participation Agreements between and among Authorized Participants, 
 the Trust, the Transfer Agent;                                                                  |
| ● | Provide                                                                                         
 prospectuses to Authorized Participants;                                                        |
| ● | Work                                                                                            
 with the Transfer Agent to review and approve orders placed by the Authorized Participants      
 and transmitted to the Transfer Agent;                                                          |
| ● | Review                                                                                          
 and file applicable marketing materials with FINRA; and                                         |
| ● | Maintain,                                                                                       
 reproduce and store applicable books and records related to the services provided under the     
 Marketing Agent Agreement.                                                                      |

The Trust intends to list the Shares on CBOE under the symbol “[OSOL].”

| 100 |

<div align='center'>Certain Relationships and Related Party Transactions</div>

Management of the Sponsor

Under the Trust Agreement, all management functions of the Trust have been delegated to and are conducted by the Sponsor and its agents, including without limitation the SOL Custodian and its agents. Gregory King, President and CEO of the Sponsor, may take certain actions and execute certain agreements and certifications for the Trust, in his capacity as the principal officer of the Sponsor. Robert Rokose, Treasurer and CFO of the Sponsor, is primarily responsible for managing the financial affairs of the Trust and may also take certain actions and execute certain agreements and certifications for the Trust, in his capacity as an officer of the Sponsor The Sponsor has not established formal procedures to resolve all potential conflicts of interest. Consequently, shareholders may be dependent on the good faith of the respective parties subject to such conflicts to resolve them equitably. Although the Sponsor attempts to monitor these conflicts, it is extremely difficult, if not impossible, for the Sponsor to ensure that these conflicts do not, in fact, result in adverse consequences to the Trust.

The Sponsor presently intends to assert that shareholders have, by subscribing for Shares of the Trust, consented to the following conflicts of interest in the event of any proceeding alleging that such conflicts violated any