secwatch.observer — SEC 8-K summary
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Issuer:     United States Gasoline Fund, LP (UGA)
CIK:        0001396878
Form:       8-K
Filed at:   2025-03-24T23:59:59+00:00
Accession:  0001171200-25-000100
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

USCF (GP of UGA) files audited FY2024 balance sheet; member equity $5.3M, down 15%
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- Total assets $7.1M at Dec 31, 2024 vs $8.7M in 2023; cash & equivalents $2.3M.
- Member's equity $5.3M, down from $6.2M; management fees receivable $1.2M.
- UNL management fee cut to 0.60% from 0.75% effective May 1, 2024; voluntary waiver terminated.
- Auditor notes critical audit matter on loss contingencies related to legal proceedings.
- Operating lease extended through March 2028; right-of-use asset $507,780.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1396878/000117120025000100/0001171200-25-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1396878/000117120025000100/i25109_uga-8k.htm
  HTML page:      https://secwatch.observer/filing/0001171200-25-000100

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