World Gold Trust Terminates Material Agreement
Ticker: GLDW · Form: 8-K · Filed: Dec 5, 2025 · CIK: 1618181
| Field | Detail |
|---|---|
| Company | World Gold Trust (GLDW) |
| Form Type | 8-K |
| Filed Date | Dec 5, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: agreement-termination, material-event
TL;DR
WGT terminated a key deal, details TBD.
AI Summary
World Gold Trust announced the termination of a material definitive agreement on December 5, 2025. The filing does not specify the nature of the agreement or the counterparty involved.
Why It Matters
The termination of a material definitive agreement can significantly impact a company's operations, financial standing, and future strategic direction.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement introduces uncertainty about the company's contractual obligations and future business relationships.
Key Players & Entities
- World Gold Trust (company) — Registrant
- WGC USA Asset Management Company, LLC (company) — Sponsor and administrative agent
- December 5, 2025 (date) — Date of report and earliest event
FAQ
What specific material definitive agreement was terminated by World Gold Trust?
The filing does not specify the name or details of the material definitive agreement that was terminated.
Who was the counterparty to the terminated agreement?
The filing does not disclose the identity of the other party involved in the terminated agreement.
What is the effective date of the termination?
The termination is reported as of December 5, 2025.
What are the potential financial implications of this termination for World Gold Trust?
The filing does not provide information on the financial implications of the agreement's termination.
Does this termination affect any ongoing operations or services provided by World Gold Trust?
The filing does not detail whether the termination impacts current operations or services.
Filing Stats: 608 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2025-12-05 16:04:43
Filing Documents
- gldm20251201_8k.htm (8-K) — 34KB
- 0001437749-25-037024.txt ( ) — 161KB
- gldm-20251205.xsd (EX-101.SCH) — 3KB
- gldm-20251205_def.xml (EX-101.DEF) — 11KB
- gldm-20251205_lab.xml (EX-101.LAB) — 15KB
- gldm-20251205_pre.xml (EX-101.PRE) — 11KB
- gldm20251201_8k_htm.xml (XML) — 3KB
02
Item 1.02 Termination of a Material Definitive Agreement. Effective December 5, 2025 (the "Effective Date"), ICBC Standard Bank plc ("ICBC") will no longer serve as a custodian for the gold of SPDR Gold MiniShares Trust ("GLDM"), a series of World Gold Trust (the "Trust"). Pursuant to a termination agreement between the Trust, on behalf of GLDM, and ICBC, the parties have mutually agreed to terminate the Second Amended and Restated Allocated Gold Account Agreement dated October 24, 2023 and the First Amended and Restated Unallocated Gold Account Agreement dated October 24, 2023 and amended on May 28, 2024 (together, the "ICBC Custody Agreements"), effective as of the Effective Date. JPMorgan Chase Bank, N.A. currently holds all GLDM's gold and, as of the Effective Date, will be GLDM's sole custodian. ICBC has not held gold on behalf of GLDM since July 31, 2024. No cost or expense was, or will be, incurred by the Trust or the holders of the shares of GLDM in connection with the termination of the ICBC Custody Agreements. 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: December 5, 2025 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.