Teucrium Commodity Trust ("Trust"), a Delaware statutory trust organized on September 11, 2009, is a series trust consisting of five series: Teucrium Corn Fund ("CORN"), Teucrium Sugar Fund ("CANE"), Teucrium Soybean Fund ("SOYB"), Teucrium Wheat Fund ("WEAT" and, together with CORN, CANE and SOYB, the "Agriculture Funds") and Teucrium Agricultural Fund ("TAGS"). On September 17, 2025, the 7RCC Spot Bitcoin and Carbon Credit Futures ETF ("BTCK"), was established as a new series of the Trust. The Fund is still in registration with the SEC. Hashdex Bitcoin Futures ETF ("DEFI") was a series of the Trust prior to the merger closing on January 3, 2024. As discussed elsewhere in this form 10-K, the Trust, on behalf of its series, Hashdex Bitcoin Futures Fund ("Acquired Fund"), and Tidal Commodities Trust I, on behalf of its series, Hashdex Bitcoin Futures Fund entered into an agreement and Plan of Merger and Liquidation dated as of October 30, 2023 ("Plan of Merger"). The Merger closed on January 3, 2024. Upon such closing, the Plan of Merger caused all of the Acquired Fund's shares to be canceled and the Acquired Fund to be liquidated. All of the series of the Trust are collectively referred to as the "Funds" and singularly as the "Fund." Collectively, CORN, CANE, SOYB and WEAT are referred to as the "Agricultural Funds." Each Fund is a commodity pool that is a series of the Trust. The Funds issue common units, called "Shares," representing fractional undivided beneficial interests in a Fund. Effective as of April 29, 2019, the Trust and the Funds operate pursuant to the Trust's Sixth Amended and Restated Declaration of Trust and Trust Agreement (the "Trust Agreement"). The Trust Agreement may be found on the SEC's EDGAR filing database at: https://www.sec.gov/Archives/edgar/data/1471824/000165495419004852/ex31.htm.
