Hashdex Bitcoin Futures ETF to merge into same-named fund under new sponsor Toroso, closing Jan 3, 2024

Teucrium Commodity Trust

Each Target Fund share exchanges 1:1 for Acquiring Fund share based on equal NAV on closing date.
Management fee remains 0.94% p.a.; sponsor changes from Teucrium Trading to Toroso Investments.
Merger scheduled for January 3, 2024; all assets and liabilities of Target Fund assumed by Acquiring Fund.
Acquiring Fund has identical investment objective, strategies, and substantially identical risks.
Shareholder rights unchanged; shares continue trading on NYSE Arca under symbol DEFI.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Teucrium Commodity Trust entered into Agreement and Plan of Partnership Merger and Liquidation with Tidal Commodities Trust I valued at Each Acquired Fund shareholder will receive one share of the Acquiring Fund for every one share of t (effective 2023-10-30).

Action: entry
Agreement: merger
Counterparty: Tidal Commodities Trust I
Value: Each Acquired Fund shareholder will receive one share of the Acquiring Fund for every one share of t
Effective: 2023-10-30

Exact text from the filing

Teucrium Commodity Trust (“Target Trust’), on behalf of its series, Hashdex Bitcoin Futures ETF (“Target Fund”), and Tidal Commodities Trust I (“Acquiring Trust”), on behalf of its series, Hashdex Bitcoin Futures ETF (“Acquiring Fund”), entered into an Agreement and Plan of Partnership Merger and Liquidation dated as of October 30, 2023 (the “Plan of Merger”).

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Teucrium Commodity Trust filing history →

Source: SEC EDGAR

accession 0001437749-23-030701

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