secwatch.observer — SEC 8-K summary
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Issuer:     United States Natural Gas Fund, LP (UNG)
CIK:        0001376227
Form:       8-K
Filed at:   2026-09-25T21:28:41+00:00
Accession:  0002071876-26-000221
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Marygold to be taken private by Madison Dearborn in all-cash deal; parent of UNG's general partner
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- The Marygold Companies entered a definitive agreement with Chicago-based private equity firm Madison Dearborn Partners for TMC to become privately held in an all-cash transaction.
- TMC is sole shareholder of USCF Investments, Inc., the holding company and sole member of United States Commodity Funds LLC, general partner of United States Natural Gas Fund, LP (UNG).
- Closing expected in the first half of 2027 or earlier, subject to TMC stockholder approval, regulatory approvals and certain change-of-control approvals.
- On completion, TMC will be privately held and its common stock will no longer be listed on the New York Stock Exchange.
- After closing, MDP and TMC leaders intend to execute TMC's previously announced transformation strategy to refocus USCF's business; completion is not guaranteed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376227/000207187626000221/0002071876-26-000221-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376227/000207187626000221/i26394_ung-8k.htm
  HTML page:      https://secwatch.observer/filing/0002071876-26-000221

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