Sponsor ETF Managers Capital reports $285K profit in 2021, settles $80.6M Nasdaq suit

Amplify Commodity Trust

Net income $284,901 in 2021 vs net loss $251,295 in 2020; revenue declined to $424,737 from $536,556.
Cash increased to $157,452 from $28,923; member's capital rose to $332,329 from $46,556.
In Oct 2021, the $80.6M Nasdaq litigation judgment was settled and paid in full; appeal withdrawn.
New PureShares lawsuit filed Dec 2021 in NJ Superior Court alleging breach of contract; defendants moving to dismiss.
Sponsor owns 40 shares of BDRY; BDRY expense cap extended through Sep 2023 with Breakwave fee waiver.

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