other material
confidence high
sentiment neutral
materiality 0.55
WEAT may suspend share creations after only ~7.4M registered shares left
Teucrium Commodity Trust
- As of March 7, only approx. 7,375,000 registered shares remain available for purchase by Authorized Purchasers.
- Fund filed a new registration statement on March 4, 2022; if all shares sold before it's effective, creations suspend.
- During suspension, redemptions continue and shares trade on exchange, but may trade at premium to NAV.
- Sponsor will provide notice if suspension occurs and expects new registration to become effective in near future.