UNITED STATES NATURAL GAS FUND, LP (NYSEARCA:UNG) Files An 8-K Other EventsItem 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 NATURAL GAS FUND, LP (NYSEARCA:UNG)
United States Natural Gas Fund, LP is a limited partnership. The Company is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc. (the NYSE Arca). The investment objective of the Company is for the daily changes in percentage terms of its shares’ per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of natural gas delivered at the Henry Hub, Louisiana, as measured by the daily changes in the price of the futures contracts on natural gas 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 it will be measured by the futures contract that is the next month contract to expire (the Benchmark Futures Contract), less its expenses. The Company’s general partner United States Commodity Funds LLC (USCF) is responsible for the management of the Company. UNITED STATES NATURAL GAS FUND, LP (NYSEARCA:UNG) Recent Trading Information
UNITED STATES NATURAL GAS FUND, LP (NYSEARCA:UNG) closed its last trading session up +0.20 at 8.93 with 15,896,747 shares trading hands.