Destiny Tech100 SEC Filings

Destiny Tech100 Inc. director reports no share ownership

A director of Destiny Tech100 Inc. (DXYZ) has filed an initial beneficial ownership report stating that they do not beneficially own any Destiny Tech100 common stock or related derivative securities. The filing indicates the person serves as a director and is reporting individually, not as part of a group. This type of disclosure helps investors understand how much direct economic stake company insiders have; in this case, the director reports no current ownership position.

Destiny Tech100 Inc. director reports no share ownership in initial filing. A Form 3 was filed for a board member of Destiny Tech100 Inc. (ticker DXYZ) in connection with an event dated 11/28/2025. The filing states in the explanation section that no securities are beneficially owned, and both the non-derivative and derivative ownership tables show no reported holdings. This indicates that, as of the reported date, the director does not hold Destiny Tech100 Inc. stock or equity-linked instruments in a reportable amount.

Destiny Tech100 Inc. (DXYZ) scheduled its annual meeting for November 28, 2025 at 2:00 P.M. Eastern Time, to be held virtually via live webcast, with shareholders of record as of October 13, 2025 eligible to vote. The Board unanimously recommends voting FOR all items.

Shareholders will vote on: (1) electing four directors across classes—Charles Jacobson and Sohail Prasad (Class III, terms until 2028), Nathan Rodland (Class I, term until 2026) and Marissa Chacko (Class II, term until 2027); and (2) ratifying KPMG LLP as independent registered public accounting firm for 2025. Voting standards: plurality for director elections and majority of votes cast for auditor ratification. Shares outstanding were 14,427,988 as of October 13, 2025. The company engaged EQ Fund Solutions for proxy solicitation at an anticipated cost of $7,500. Marcum LLP billed $485,265 in 2024 and $312,000 in 2023 for audit and related services.

Destiny Tech100 Inc. filed Post-Effective Amendment No.5 to its Form N-2 to add two exhibits: an Open Market Sale Agreement dated August 8, 2025 among Destiny Tech100 Inc., Destiny Advisors LLC and Jefferies LLC, and an Opinion and Consent of Counsel. The amendment, submitted under Rule 462(d), becomes effective immediately upon filing and states no other changes to Parts A, B or Part C except Item 25(2). The registrant is identified as a Registered Closed-End Fund.

Destiny Tech100 Inc. (NYSE: DXYZ) filed a prospectus supplement to sell up to $1,000,000,000 of common stock in an "at the market" offering through Jefferies LLC as sales agent. The supplement discloses a net asset value (NAV) per share of $6.92 as of June 30, 2025 and a last reported NYSE sale price of $31.00 per share on August 7, 2025. As of June 30, 2025 the portfolio was reported at $76.8 million fair value across 21 portfolio companies, with ~97.7% invested in private technology issuers and ~86.4% in common or preferred equity. Jefferies may receive commissions up to 3.0% and expense reimbursement of legal fees up to $150,000; estimated offering expenses are approximately $784,512.16. The company elected RIC tax treatment beginning with the year ended December 31, 2023. The prospectus highlights significant share price volatility and warns investors that shares may trade at a discount to NAV and that purchasers may lose a substantial portion of their investment.