World Gold Trust Files 8-K

TL;DR

World Gold Trust filed an 8-K on 5/29, updating corporate events and financials.

AI Summary

World Gold Trust, sponsored by WGC USA Asset Management Company, LLC, filed an 8-K on May 29, 2024, reporting other events and financial statements as of May 28, 2024. The trust, incorporated in Delaware, has its principal executive offices at 685 Third Avenue, New York, NY. Previously known as World Currency Gold Trust and Global Currency Gold Trust, its fiscal year ends on September 30.

Why It Matters

This filing provides an update on the World Gold Trust's corporate events and financial reporting, which is important for investors to stay informed about the trust's status.

Risk Assessment

Risk Level: low — This is a routine filing for corporate events and financial statements, not indicating any immediate financial distress or significant operational changes.

Key Players & Entities

• World Gold Trust (company) — Registrant
• WGC USA Asset Management Company, LLC (company) — Sponsor
• May 28, 2024 (date) — Date of earliest event reported
• May 29, 2024 (date) — Date of report
• 685 Third Avenue, New York, NY (location) — Principal executive offices

FAQ

Filing Documents

• gldm20240417_8k.htm (8-K) — 33KB
• ex_669176.htm (EX-4.2) — 291KB
• ex_669177.htm (EX-4.21) — 278KB
• ex_669178.htm (EX-10.21) — 18KB
• ex_669179.htm (EX-10.44) — 13KB
• 0001437749-24-018573.txt ( ) — 870KB
• gldm-20240528.xsd (EX-101.SCH) — 3KB
• gldm-20240528_def.xml (EX-101.DEF) — 11KB
• gldm-20240528_lab.xml (EX-101.LAB) — 15KB
• gldm-20240528_pre.xml (EX-101.PRE) — 11KB
• gldm20240417_8k_htm.xml (XML) — 3KB

01

Item 8.01 Other Events. On February 15, 2023, the Securities and Exchange Commission adopted rule changes to shorten the standard settlement cycle for most broker-dealer transactions in securities from two business days after the trade date (T+2) to one business day after the trade date (T+1) which will go into effect on May 28, 2024. Effective May 28, 2024, the following agreements were amended to reflect the shortened settlement cycle for the creation and redemption procedures of World Gold Trust ("WGT"), and its series, SPDR Gold MiniShares Trust (the "Trust"): (i) the Transfer Agency and Service Agreement (the "Transfer Agency and Service Agreement") between WGT and The Bank of New York Mellon, as the administrator of the Trust (the "Administrator"), dated January 5, 2017 and amended from time to time (ii) the First Amended and Restated Unallocated Gold Account Agreement (the "ICBCS Unallocated Account Agreement") between ICBC Standard Bank plc and WGT on behalf of the Trust, dated October 24, 2023 and (iii) the Authorized Participant Agreements (the "Authorized Participant Agreements") between WGC USA Asset Management Company, LLC, as the sponsor of the Trust, the Administrator, and the authorized participants party thereto from time to time. The foregoing description of the amendments to the Transfer Agency and Service Agreement, the ICBCS Unallocated Account Agreement and the Authorized Participant Agreements does not purport to be complete and is qualified in its entirety by reference to the Fourth Amendment to the Transfer Agency and Service Agreement, the First Amendment to the ICBCS Unallocated Account Agreement and the Form of Amended and Restated Authorized Participant Agreement filed respectively as Exhibits 10.4.4, 10.2.1 and 4.2.1 hereto and are incorporated herein by reference.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 4.2 Form of Authorized Participant Agreement 4.2.1 Form of Amended and Restated Authorized Participant Agreement dated May 28, 2024, between World Gold Trust, WGC USA Asset Management Company, LLC, The Bank of New York Mellon, and the authorized participants 10.2.1 First Amendment to the First Amended and Restated Unallocated Gold Account Agreement dated May 28, 2024, World Gold Trust, on behalf of its series, SPDR Gold MiniShares Trust, and ICBC Standard Bank plc 10.4.4 Fourth Amendment to Transfer Agency and Service Agreement dated May 28, 2024, between World Gold Trust, on behalf of its series, SPDR Gold MiniShares Trust, and The Bank of New York Mellon 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Date: May 29, 2024 WORLD GOLD TRUST (Registrant) * By: WGC USA Asset Management Company, LLC as the Sponsor of the Registrant By: /s/ Joseph R. Cavatoni Name: Joseph R. Cavatoni Title: Principal Executive Officer * As the Registrant is a trust, this report is being filed on behalf of the Registrant by WGC USA Asset Management Company, LLC, only in its capacity as the sponsor of the Registrant. The identified person signing this report is signing in his capacity as an authorized officer of WGC USA Asset Management Company, LLC.

View Full Filing

View this 8-K filing on SEC EDGAR