−Removed: Market for Registrant’s Common Equity,
−Removed: Related Stockholder Matters and Issuer Purchases of Equity Securities
+Added: Market for Registrant’s Common Equity, Related
+Added: Stockholder Matters and Issuer Purchases of Equity Securities
Market Information
−Removed: Units are distributed
−Removed: by the Sponsor through sales in private placement transactions exempt from the registration requirements of the Securities Act
−Removed: pursuant to Rule 506(c) thereunder.
+Added: Units are distributed by
+Added: the Sponsor through sales in private placement transactions exempt from the registration requirements of the Securities Act pursuant
+Added: to Rule 506(c) thereunder.
The Units are quoted on OTC Markets Group Inc.’s OTCQX® Best Marketplace (“OTCQX”)
7 unchanged sentences
Holders of Record
−Removed: As of February
+Added: As of December 31, 2022,
there were approximately 47 holders of record.
This includes Cede & Co.
−Removed: as nominee for DTC for the Units traded on
−Removed: Therefore, this number does not include the individual holders who have bought Units on OTCQX or transferred their eligible
−Removed: Units to their brokerage accounts.
−Removed: Because most of the Trust’s Units are held by brokers and other institutions on behalf
−Removed: of unitholders, we are unable to estimate the total number of unitholders represented by these record holders.
−Removed: Recent Sales of Unregistered
−Removed: On November 12,
−Removed: 2020, the Trust began an offering of an unlimited number of Units with no par value, each Unit representing a fractional undivided
−Removed: beneficial interest in the Trust pursuant to Rule 506(c) under the Securities Act, which is ongoing (“Current Offering”).
−Removed: The Trust received a total aggregate consideration of $68,827,296 for 3,811,224 Units sold pursuant to the Current Offering to
−Removed: “accredited investors” within the meaning of Rule 501 of Regulation D under the Securities Act.
−Removed: during the year ended
−Removed: December 31, 2021, all of which are restricted units, and may not be resold absent registration or an applicable exemption from
−Removed: registration under the Securities Act.
+Added: as nominee for DTC for the Units traded on OTCQX.
+Added: Therefore, this number does not include the individual holders who have bought Units on OTCQX or transferred their eligible Units
+Added: to their brokerage accounts.
+Added: Because most of the Trust’s Units are held by brokers and other institutions on behalf of unitholders,
+Added: we are unable to estimate the total number of unitholders represented by these record holders.
+Added: Recent Sales of Unregistered Shares
+Added: There were no sales of unregistered Units for
+Added: the fiscal year ended December 31, 2022.
Repurchases of Equity Securities
1 unchanged sentence
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.