exhibit991
Sales
of Shares of WEAT Commences
Burlington, Vermont – March 9, 2022 – On March
7, 2022, Teucrium Trading, LLC, the sponsor of Teucrium Wheat Fund
(the "Fund"), a series of the Teucrium Commodity Trust,
issued a press release announcing that
the Fund had sold all available shares and was suspending
creations of its shares. The press release also noted that Teucrium
would provide notice to market
participants when sales of the Fund's shares
commenced.
The Securities and Exchange Commission has accelerated a new
registration statement filed by the Fund for an indefinite amount
of new shares and the offer and sale of the Fund's shares have
commenced.
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including statements about the Sponsor’s expectations
regarding the potential suspension of WEAT creations. Words such as
“anticipate,” “expect,”
“intend,” “plan,” “believe,”
“seek,” “may,” “will,” and
“estimate,” as well as similar words and phrases,
signify forward-looking statements. All forward-looking statements
reflect the Sponsor’s present expectations regarding future
events and are subject to known and unknown risks, uncertainties
and assumptions that could cause actual results to differ
materially from those expressed in or implied by these statements,
including, among others, risks and uncertainties related to the
timing and availability of WEAT shares and timing of effectiveness
of the new registration statement referenced herein, as well as
general economic, market and business conditions. Given these
risks, uncertainties and other important factors, you should not
place undue reliance on any forward-looking statements contained
herein. The forward-looking statements contained herein represent
the Sponsor’s expectations and assumptions only as of the
date made, and except as required by law, the Sponsor undertakes no
obligation to revise or update any forward-looking statements for
any reason.
About Teucrium Trading LLC
Teucrium Trading is an ETF provider focused solely on U.S.
Agriculture. Our mission is to empower investors with the knowledge
and tools necessary to intelligently design well diversified
portfolios. Teucrium’s suite of Exchange Traded Products has
revolutionized the way commodity ETFs are structured; our products
are widely available to investors and advisors in traditional
brokerage accounts.
Prospectus:
www.teucrium.com
The
Fund is distributed by Foreside Fund Services, LLC
Investing in the Fund subjects an investor to the risks of the
applicable commodity market, which investment could result in
substantial fluctuations in the price of Fund shares. Unlike
mutual funds, the Fund generally will not distribute dividends to
shareholders. The Sponsor has limited experience operating
commodity pools; a commodity pool is defined as an enterprise in
which several individuals contribute funds in order to trade
futures or futures options collectively. Investors may choose
to use the Fund as a vehicle to hedge against the risk of loss and
there are risks involved in hedging activities.
This material is not an offer or solicitation of any kind to buy or
sell any securities outside of the United States of
America.
Commodities and futures generally are volatile and are not suitable
for all investors. The Fund is not a mutual fund or any other
type of investment company within the meaning of the Investment
Company Act of 1940, as amended, and is not subject to regulation
thereunder.
For a complete description of the risks associated with the
Fund, please refer to the prospectus. Shares of the Fund are not
FDIC insured may lose value and have no bank guarantee. Foreside
Fund Services, LLC is the distributor for the Teucrium
Funds.
Contact:
Sal Gilbertie
Jake
Hanley
802-540-0019
contact@teucrium.com