secwatch.observer — SEC 8-K summary
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Issuer:     United States 12 Month Natural Gas Fund, LP (UNL)
CIK:        0001405513
Form:       8-K
Filed at:   2026-03-20T23:59:59+00:00
Accession:  0001104659-26-032673
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USCF, GP of UNL, files audited financials for fiscal 2025
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- USCF total assets $6.7M at Dec 31, 2025, down from $7.1M in 2024.
- Cash and cash equivalents $1.5M; investments at fair value $2.4M.
- Member's equity $5.1M at Dec 31, 2025, vs $5.3M in 2024.
- No material unresolved legal proceedings; Optimum Strategies action dismissed in 2023, SEC/CFTC settlements resolved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1405513/000110465926032673/0001104659-26-032673-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1405513/000110465926032673/tm268488d5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-032673

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer