(11) Subsequent Events
In preparing these financial statements, the Fund has evaluated events and transactions for potential recognition or disclosure through the date the financial statements were issued. This evaluation did not result in any subsequent events that necessitated disclosures and/or adjustments to the financial statements other than as disclosed below:
The original registration statement on Form S-1 registered 10,000,000 common units, or "Shares," of BDRY and was declared effective March 9, 2018. During March 2021, the Sponsor undertook to register an additional 5,000,000 Shares of BDRY. The registration statement was declared effective on March 31, 2021. The expense associated with the additional registration of Shares of $28,997 was recorded as a deferred charge as of April 1, 2021 and will be amortized to expense over twelve months on a straight-line basis or a shorter period if warranted.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
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