Sprott Gold Trust Amends Sales Agreement
Ticker: PHYS · Form: 6-K · Filed: Sep 9, 2024 · CIK: 1477049
Sentiment: neutral
Topics: amendment, sales-agreement, filing
TL;DR
Gold Trust filed an amendment to its sales agreement with Cantor Fitzgerald and Virtu. Details inside.
AI Summary
Sprott Physical Gold Trust filed an amendment (Amendment No. 2) to its Amended and Restated Sales Agreement on September 9, 2024. This agreement involves the Trust, Sprott Asset Management LP, and sales agents Cantor Fitzgerald & Co., Virtu Americas LLC, and Virtu Canada Corp. The amendment is incorporated by reference into the Trust's registration statement on Form F-10.
Why It Matters
This amendment to the sales agreement could impact how the Trust distributes its units and interacts with its sales agents, potentially affecting market liquidity and investor access.
Risk Assessment
Risk Level: low — The filing is an amendment to an existing sales agreement, which is a routine procedural update rather than a significant event.
Key Players & Entities
- Sprott Physical Gold Trust (company) — Registrant
- Sprott Asset Management LP (company) — Party to sales agreement
- Cantor Fitzgerald & Co. (company) — Sales agent
- Virtu Americas LLC (company) — Sales agent
- Virtu Canada Corp. (company) — Sales agent
- September 9, 2024 (date) — Filing date and amendment date
- Form F-10 (document) — Registration statement referenced
- 333-281989 (document) — File number for Form F-10
FAQ
What is the specific nature of Amendment No. 2 to the Amended and Restated Sales Agreement?
The filing does not provide specific details of the amendments made in Amendment No. 2, only that it is an amendment to the existing agreement.
Who are the parties involved in the Amended and Restated Sales Agreement?
The parties are Sprott Physical Gold Trust, Sprott Asset Management LP, Cantor Fitzgerald & Co., Virtu Americas LLC, and Virtu Canada Corp.
When was this amendment filed?
The amendment was filed on September 9, 2024.
What is the purpose of incorporating this amendment into the Trust's registration statement?
Incorporating the amendment into the registration statement on Form F-10 ensures that the updated sales agreement terms are part of the publicly disclosed offering information.
What is the file number for the Trust's registration statement on Form F-10?
The file number for the Trust's registration statement on Form F-10 is 333-281989.
Filing Stats: 236 words · 1 min read · ~1 pages · Grade level 11.7 · Accepted 2024-09-09 17:19:56
Filing Documents
- phys_6k-090924.htm (6-K) — 9KB
- ex99-1.htm (EX-99.1) — 40KB
- 0001999371-24-011692.txt ( ) — 51KB
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, thereunto duly authorized. SPROTT PHYSICAL GOLD TRUST (Registrant) By Sprott Asset Management GP Inc., as general partner of the manager of the Registrant By: /s/ Kevin Hibbert Kevin Hibbert Director Dated: September 9, 2024