Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Related
Stockholder Matters and Issuer Purchases of Equity Securities
Market Information
Units are distributed by
the Sponsor through sales in private placement transactions exempt from the registration requirements of the Securities Act pursuant
to Rule 506(c) thereunder. The Units are quoted on OTC Markets Group Inc.’s OTCQX® Best Marketplace (“OTCQX”)
under the ticker symbol “OBTC.” Over-the-counter market quotations reflect inter-dealer prices, without retail mark-up,
mark-down or commission and may not necessarily represent actual transactions. Units quoted on the OTCQX either were sold originally
to investors “unrestricted” in a limited offering pursuant to Rule 504 under the Securities Act, or have become unrestricted
in accordance with Rule 144 under the Securities Act. The market price of the Units on the OTCQX has experienced significant premiums
and discounts to NAV.
Holders of Record
As of December 31, 2022,
there were approximately 47 holders of record. This includes Cede & Co. as nominee for DTC for the Units traded on OTCQX.
Therefore, this number does not include the individual holders who have bought Units on OTCQX or transferred their eligible Units
to their brokerage accounts. Because most of the Trust’s Units are held by brokers and other institutions on behalf of unitholders,
we are unable to estimate the total number of unitholders represented by these record holders.
Recent Sales of Unregistered Shares
There were no sales of unregistered Units for
the fiscal year ended December 31, 2022.
Repurchases of Equity Securities
None.
Item 6. [Reserved]
Not applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.