8-K
Amplify Commodity Trust (BDRY)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
WASHINGTON,DC 20549
FORM8-K
CURRENTREPORT
PURSUANTTO SECTION 13 OR 15(D) OF THE
SECURITIESEXCHANGE ACT OF 1934
Dateof Report (Date of earliest event reported): November 18, 2020
ETFManagers Group Commodity Trust I
(Exactname of registrant as specified in its charter)
| Delaware | 001-36851 | 36-4793446 |
|---|---|---|
| (State or Other Jurisdiction of | (Commission File Number) | (IRS Employer |
| Incorporation or Organization) | Identification No.) |
30 Maple Street - Suite 2
Summit, New Jersey 07901
(Address of Principal Executive Offices, including Zip Code)
(844) 383-6477
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written<br>communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting<br>material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement<br>communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ☐ | Pre-commencement<br>communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| --- | --- |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Shares<br> of Sit Rising Rate ETF | RISE | NYSE<br> Arca, Inc. |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS.
On November 18, 2020, ETF Managers Capital LLC (the “Sponsor”) completed the disposition of all of the assets of the Sit Rising Rate ETF (“RISE”). Following the delisting of RISE at the close of trading on October 30, 2020, the Sponsor proceeded to liquidate all positions held by RISE; the positions, other than cash, consisted of futures contracts. All positions were sold through an exchange to unrelated parties. Upon the completion of the disposition, the Sponsor distributed cash to all shareholders in an amount equal to each shareholder’s pro rata interest in RISE, minus costs of closing and transaction costs.
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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.
| ETF Managers<br> Group Commodity Trust I | |
|---|---|
| /s/<br> John A. Flanagan | |
| Date: November 18, 2020 | John<br> A. Flanagan<br><br> <br>ETF<br> Managers Capital LLC,<br><br> <br>Sponsor of ETF Managers Commodity Trust I |
| Chief Financial Officer |
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