other material
confidence high
sentiment negative
materiality 0.65
Teucrium Wheat Fund suspends creations after selling all 7.375M registered shares; expects resumption soon
Teucrium Commodity Trust
- Fund sold all approx. 7,375,000 registered shares available for purchase as of March 7, 2022.
- New registration statement filed March 4, 2022; creations suspended until SEC declares it effective.
- Redemptions continue; investors can still trade shares on NYSE Arca, but shares may trade at premium.
- Suspension may cause increased tracking error and significant premium/discounts and bid-ask spreads.
- Teucrium expects registration to become effective in near future; will notify when creations resume.