CAMPBELL FUND TRUST 8-K
Research Summary
AI-generated summary
Campbell Fund Trust Reports Private Sale of Units (Reg D)
What Happened
- Campbell Fund Trust filed an 8-K (filed Feb 5, 2026) reporting that, effective January 31, 2026, it sold Units of Beneficial Interest to existing and/or new unitholders in transactions that were not registered under the Securities Act.
- The Registrant reported aggregate estimated consideration (excluding escrow interest) of $1,437,000.00 for Series A and $433,039.22 in cash for Series D (total ≈ $1,870,039.22).
- The Units were issued privately in reliance on an exemption from registration under Section 4(2) of the Securities Act as transactions not constituting a public offering, and were issued pursuant to Regulation D.
Key Details
- Date of sales: January 31, 2026; 8-K filed February 5, 2026.
- Amounts reported: Series A — $1,437,000.00 (aggregate estimate, excluding escrow interest); Series D — $433,039.22 in cash.
- Securities: Units of Beneficial Interest issued to existing and/or new unitholders.
- Registration/exemption: Issued privately under Section 4(2) and Regulation D (unregistered sales).
Why It Matters
- The fund raised approximately $1.87 million through a private placement of units, which provides additional capital to the trust.
- Because the issuance was unregistered and private (Reg D), it was offered to select investors rather than the public; this affects disclosure and transferability compared with a registered public offering.
- Investors should note new unit issuances can change ownership percentages and the fund’s capital base; review future filings for any details on use of proceeds or changes to outstanding units.