{"schema_version":"secwatch.filing_event.v1","accession":"0001171200-25-000125","form_type":"8-K","ticker":"UNL","cik":"0001405513","company_name":"United States 12 Month Natural Gas Fund, LP","filed_at":"2025-03-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.536375+00:00","generated_at":"2026-05-24T04:50:35.031040+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"UNL reports $1.2M net loss for 2024; NAV per share falls to $8.12","bullets":["Net loss of $1.22M ($0.46 per share) for 2024, compared to net loss of $13.28M ($8.66 per share) in 2023 and net income of $3.63M in 2022.","NAV per share declined to $8.12 at Dec 31, 2024 from $8.58 a year earlier; outstanding shares increased to 2.3M from 1.9M.","Realized loss on closed futures contracts narrowed to $7.41M from $17.94M in 2023; unrealized gain on open contracts was $5.57M vs $3.97M in 2023.","Net proceeds from share issuances were $21.72M and redemptions $18.12M, resulting in net capital inflow of $3.60M."],"urls":{"canonical":"https://secwatch.observer/filing/0001171200-25-000125","json":"https://secwatch.observer/filing/0001171200-25-000125.json","markdown":"https://secwatch.observer/filing/0001171200-25-000125.md","text":"https://secwatch.observer/filing/0001171200-25-000125.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1405513/000117120025000125/0001171200-25-000125-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1405513/000117120025000125/i25118_unl-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T04:50:35.031040+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}