UNITED STATES GASOLINE FUND, LP (NYSEARCA:UGA) Files An 8-K Other Events

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UNITED STATES GASOLINE FUND, LP (NYSEARCA:UGA) Files An 8-K Other Events
Item 8.01. Other Events

Wainwright Holdings, Inc. (Wainwright) is the parent and the sole member of the United States Commodity Funds LLC (USCF), the general partner of the United States 12 Month Oil Fund, LP (USL). USCF is also the general partner of the United States Oil Fund, LP (USO), United States Natural Gas Fund, LP (UNG), United States Short Oil Fund, LP (DNO), United States Gasoline Fund, LP (UGA), United States 12 Month Natural Gas Fund, LP (UNL), United State Brent Oil Fund, LP (BNO), United States Diesel-Heating Oil Fund, LP (UHN), and the sponsor of the United States Commodity Index Funds Trust and the United States Commodity Index Fund (USCI), United States Copper Index Fund (CPER) and United States Agriculture Index Fund (USAG).

Wainwright also is the parent and sole member of USCF Advisers LLC, a registered investment advisor affiliated with USCF, and the sponsor of the Stock Split Index Fund (TOFR) and the USCF Restaurant Leaders Fund (MENU).

On December 9, 2016, Wainwright, and Concierge Technologies, Inc. (publicly traded under the ticker CNCG) (Concierge), completed a transaction to which all of the shareholders of Wainwright became shareholders of Concierge. As a result of the transaction, Wainwright is now a wholly owned subsidiary of Concierge. Nicholas Gerber, along with certain family members and certain other Wainwright shareholders, owned the majority of shares in Concierge as well as Wainwright prior to the transaction and post-closing, Mr. Gerber and those shareholders continue to own the majority of Concierge voting shares.

 

 


About UNITED STATES GASOLINE FUND, LP (NYSEARCA:UGA)

United States Gasoline Fund, LP (UGA) is a commodity pool that issues limited partnership interests (shares). The Company is engaged in the trading of futures contracts, options on futures contracts and cleared swaps (derivatives). The investment objective of UGA is for the daily changes in percentage terms of its shares’ per share net asset value to reflect the daily changes in percentage terms of the spot price of gasoline, as measured by the daily changes in the price of the futures contract for gasoline traded on the New York Mercantile Exchange (the NYMEX), that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case the futures contract will be the next month contract to expire, less UGA’s expenses. The Company seeks to achieve its investment objective by investing in a combination of Futures Contracts and Other Gasoline-Related Investments.

UNITED STATES GASOLINE FUND, LP (NYSEARCA:UGA) Recent Trading Information

UNITED STATES GASOLINE FUND, LP (NYSEARCA:UGA) closed its last trading session down -0.05 at 29.30 with 26,029 shares trading hands.