Teucrium Commodity Trust Files 8-K with Key Agreements and Officer Changes

TL;DR

Teucrium Commodity Trust filed an 8-K on 6/14/24 covering new agreements and director/officer changes.

AI Summary

On June 14, 2024, Teucrium Commodity Trust filed an 8-K report detailing several key events. These include the entry into a material definitive agreement, changes in directors and officers, and the filing of financial statements and exhibits. The filing also lists various Teucrium funds, such as the Teucrium Corn Fund and Teucrium Agricultural Fund, as related entities.

Why It Matters

This filing provides crucial updates on the Teucrium Commodity Trust's material agreements and corporate governance, impacting investor confidence and regulatory compliance.

Risk Assessment

Risk Level: low — The filing is a standard 8-K report detailing corporate events and does not indicate immediate financial distress or significant operational changes.

Key Players & Entities

• Teucrium Commodity Trust (company) — Registrant
• June 14, 2024 (date) — Date of Report
• Teucrium Corn Fund (company) — Related Fund
• Teucrium Sugar Fund (company) — Related Fund
• Teucrium Soybean Fund (company) — Related Fund
• TeucriumWheatFundCustomMember (company) — Related Fund
• TeucriumAgriculturalFundCustomMember (company) — Related Fund

FAQ

Filing Documents

• tags20240614_8k.htm (8-K) — 38KB
• ex_688559.htm (EX-99.1) — 88KB
• 0001437749-24-020390.txt ( ) — 308KB
• weat-20240614.xsd (EX-101.SCH) — 4KB
• weat-20240614_def.xml (EX-101.DEF) — 14KB
• weat-20240614_lab.xml (EX-101.LAB) — 19KB
• weat-20240614_pre.xml (EX-101.PRE) — 14KB
• tags20240614_8k_htm.xml (XML) — 7KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement On June 14, 2024, the Registrant entered into a Marketing Agent Services Agreement (the "Agreement") with Pine Distributors, LLC (the "Marketing Agent"). The Agreement calls for the Marketing Agent, beginning on July 22, 2024, to work with the Transfer Agent in connection with the receipt and processing of orders for Creation Baskets and Redemption Baskets and the review and approval of all Fund sales literature and advertising materials. The Marketing Agent and Teucrium Trading, LLC have also entered into a Registered Representative Services Agreement under which certain employees and officers of the Sponsor are licensed as registered representatives or registered principals of the Marketing Agent, under "FINRA" rules ("Registered Representatives"). As Registered Representatives of the Marketing Agent, these persons are permitted to engage in certain marketing activities for the Fund that they would otherwise not be permitted to engage in. Under the Registered Representative Services Agreement, the Sponsor is obligated to ensure that such marketing activities comply with applicable law and are permitted by the Registered Representative Services Agreement and the Marketing Agent's internal procedures. The Marketing Agent's principal business address is 501 S. Cherry Street, Suite 610, Denver, CO 80264. The Marketing Agent is a broker-dealer registered with the U.S. Securities and Exchange Commission ("SEC") and a member of FINRA. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 14, 2024, Steve Kahler resigned as the Chief Operating Officer (" COO ") of Teucrium Trading, LLC (" Teucrium Trading "), sponsor of the Teucrium Commodity Trust (the " Registrant ") and each separate series thereof (each, a " Fund ," and together, the " Funds "). On June 14, 2024, Springer Harris was appointed as the

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits: Exhibit. Description 99.1 Marketing Agent Services Agreement. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Cautionary Note Regarding Forward-Looking Statements This Current Report on Form 8-K includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about the Sponsor's expectations regarding its outstanding legal proceedings. All forward-looking statements reflect the Sponsor's present expectations regarding future events and are subject to known and unknown risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in or implied by these statements, including, among others, risks and uncertainties related to the timing, progression, outcome and costs of these legal proceedings, as well as other risks inherent in all legal proceedings. Given these risks, uncertainties and other important factors, you should not place undue reliance on any forward-looking statements the Sponsor makes. The forward-looking statements in this report represent the Sponsor's expectations and assumptions only as of the date made, and except as required by law, the Sponsor undertakes no obligation to revise or update any forward-looking statements for any reason.

SIGNATURES

SIGNATURES 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 hereunto duly authorized. Teucrium Commodity Trust By: Teucrium Trading, LLC, its sponsor Date: June 14, 2024 By: /s/Cory Mullen-Rusin Name: Cory Mullen-Rusin Title: Chief Financial Officer and Chief Compliance Officer

View Full Filing

View this 8-K filing on SEC EDGAR