What changed 10-K

Item 1. Business

2023-08-14 compared with 2022-08-12 · 5 added, 5 removed, 835 unchanged (1% of the section changed)

411 unchanged sentences

Sponsor is a Delaware limited liability company and was formed on January 6, 2017.

The Sponsor’s office is located at 205 Hudson

Street, New York, New York 10013.

Under the Delaware Limited Liability Company Act and the governing documents of the Sponsor, the sole

member of the Sponsor, GraniteShares, Inc., is not responsible for the debts, obligations and liabilities of the Sponsor solely by reason

of being the sole member of the Sponsor.

The Sponsor’s office is located at 222 Broadway,

New York, New York 10038.

Under the Delaware Limited Liability Company Act and the governing documents of the Sponsor, the sole member

of the Sponsor, GraniteShares, Inc., is not responsible for the debts, obligations and liabilities of the Sponsor solely by reason of

being the sole member of the Sponsor.

Sponsor’s Role

422 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.