Tidal Commodities Trust I Files 8-K: Material Agreement
Ticker: DEFI · Form: 8-K · Filed: Feb 7, 2025 · CIK: 1985840
Sentiment: neutral
Topics: material-agreement, 8-k
TL;DR
Tidal Commodities Trust I signed a material definitive agreement on Feb 3, 2025. 8-K filed.
AI Summary
Tidal Commodities Trust I entered into a Material Definitive Agreement on February 3, 2025. The filing also includes other events and financial statements/exhibits. The company is incorporated in Delaware and its principal executive offices are located in Milwaukee, WI.
Why It Matters
This 8-K filing indicates a significant new agreement for Tidal Commodities Trust I, which could impact its business operations and financial standing.
Risk Assessment
Risk Level: medium — Material Definitive Agreements can introduce new risks or opportunities, the specifics of which are not detailed in this summary.
Key Numbers
- 001-41900 — Commission File Number (Identifier for Tidal Commodities Trust I)
Key Players & Entities
- Tidal Commodities Trust I (company) — Registrant
- February 3, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- Milwaukee, WI (location) — Address of Principal Executive Offices
- 001-41900 (identifier) — Commission File Number
FAQ
What is the nature of the Material Definitive Agreement entered into by Tidal Commodities Trust I?
The filing does not specify the details of the Material Definitive Agreement, only that one was entered into on February 3, 2025.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on February 3, 2025.
Where are the principal executive offices of Tidal Commodities Trust I located?
The principal executive offices are located at 234 West Florida Street, Suite 203, Milwaukee, WI 53204.
In which state is Tidal Commodities Trust I incorporated?
Tidal Commodities Trust I is incorporated in Delaware.
What is the Commission File Number for Tidal Commodities Trust I?
The Commission File Number is 001-41900.
Filing Stats: 541 words · 2 min read · ~2 pages · Grade level 12.4 · Accepted 2025-02-07 17:29:36
Filing Documents
- defi_8k-020725.htm (8-K) — 17KB
- ex10-8.htm (EX-10.8) — 30KB
- 0001839882-25-007935.txt ( ) — 48KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. As of February 3, 2025, the Amended and Restated ‘33 Act Fund Platform Support Agreement by and among Tidal Investments LLC (the “Sponsor”), Tidal ETF Services LLC, Hashdex Asset Management Ltd., and Teucrium Trading, LLC, dated October 24, 2023 (the “Support Agreement”), which sets forth the terms and conditions applicable to the launch, marketing, promotion, development, and ongoing operation of the Hashdex Bitcoin ETF (the “Fund”), as well the respective rights in profits and obligations for expenses, was amended to reflect the voluntary withdrawal of the Prior Sponsor from the Support Agreement. Accordingly, the Prior Sponsor no longer has rights to any revenue generated by the Fund and has no further financial or operational obligations related to Fund costs, expenses, or liabilities.
01 Other Events
Item 8.01 Other Events. Effective February 10, 2025, the management fee paid by the Fund to the Sponsor will be reduced from an annual rate of 0.90% to an annual rate of 0.25% of the average daily net assets of the Fund, calculated daily and paid monthly.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit 10.8 First Amendment to the ‘33 Act Fund Platform Support Agreement.
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. TIDAL COMMODITIES TRUST I By: Tidal Investments LLC, as Sponsor /s/ Guillermo Trias Date: February 7, 2025 Name: Guillermo Trias Title: Chief Executive Officer of Tidal Investment LLC, as Sponsor