OSPREY SOLANA TRUST (OSOL) Stock News

Osprey Solana Trust (OTCQX: OSOL) announced a 15:1 forward split of its issued and outstanding shares, effective after market close on June 4, 2024. The split aims to make the share price more accessible due to a 2,053% increase in OSOL's price over the past year, driven by Solana's market appreciation and rising investor interest. Post-split, each share will be exchanged for 15 shares, significantly increasing the total number of shares while reducing the per-share market price and NAV by approximately 15 times. Trading on a split-adjusted basis will commence on June 5, 2024. The split will not impact the total fair value of the Trust's net assets or shareholder investment value.