Company: OSOL
Filing Date: 2025-10-22
Form Type: S-1
Source: 0001493152-25-018952
Chunk: 193

Company: Osprey Solana Trust
Filing Date: 2025-10-22
Form: S-1
Chunk 193
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 SOL to pay the Management Fee and Trust expenses not assumed by the Sponsor.

“ Trading Platform” —The Prime Execution Agent’s execution platform where the Sponsor may place an order.

“ Transfer Agent”—U.S. Bancorp Fund Services, LLC (d/b/a U.S. Bank Global Fund Services) .

“ Treasury Regulations”—The regulations, including proposed or temporary regulations, promulgated under the Code.

“ Trust”—Osprey Solana Trust, a Delaware statutory trust formed on June 8, 2021 under the DTSA and pursuant to the Trust Agreement.

“ Trust Administrator” —U.S. Bancorp Fund Services, LLC (d/b/a U.S. Bank Global Fund Services).

“ Trust Agreement”—The Amended and Restated Declaration of Trust and Trust Agreement of osprey Solana Trust, dated as of June 1, 2022, between the Sponsor, the Trustee and certain shareholders listed thereto establishing and governing the operations of the Trust, as amended on [ ] and as may be further amended from time to time.

“ Trust Documents” —The Trust Agreement and the Trust’s agreement with its service providers.

“ Trustee”—CSC Delaware Trust Company (formerly known as Delaware Trust Company), a Delaware trust company, is the Delaware trustee of the Trust.

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“ UBTI”—Unrelated business taxable income.

“ U.S. Bank Global Fund Services”—U.S. Bancorp Fund Services, LLC (d/b/a U.S. Bank Global Fund Services), the Transfer Agent, Trust Administrator and Fund Accountant.

“ U.S. Shareholder”—A Shareholder that is (1) an individual who is treated as a citizen or resident of the United States for U.S. federal income tax purposes; (2) a corporation (or an entity treated as a corporation for U.S. federal income tax purposes) created or organized in or under the laws of the United States, any state thereof or the District of Columbia; (3) an estate, the income of which is includible in gross income for U.S. federal income tax purposes regardless of its source; or (4) a trust, if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more U.S. persons have the authority to control all substantial decisions of the trust.

“ U.S. Treasury Department”—U.S. Department of the Treasury.

“ Vault Balance”—A segregated custody account controlled and secured by the SOL Custodian to store private keys, which