secwatch.observer — SEC 8-K summary
======================================

Issuer:     Amplify Commodity Trust (BDRY)
CIK:        0001610940
Form:       8-K
Filed at:   2022-04-28T23:59:59+00:00
Accession:  0001213900-22-022296
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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- In Oct 2021, the $80.6M Nasdaq litigation judgment was settled and paid in full; appeal withdrawn.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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1610940/000121390022022296/0001213900-22-022296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1610940/000121390022022296/ea158707-8k_etfmanage1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-022296

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