United States Commodity Index Funds Trust — Sponsor’s Parent to Be Taken Private

What Happened

• On September 25, 2026, United States Commodity Index Funds Trust (USCI) reported that The Marygold Companies, Inc. (“TMC”) publicly announced a definitive agreement to be acquired by Madison Dearborn Partners (“MDP”) in an all‑cash transaction. TMC is the sole shareholder of USCF Investments, Inc., the holding company and sole member of United States Commodity Funds LLC (“USCF”), which sponsors USCI and its series (United States Commodity Index Fund and United States Copper Index Fund).
• The Transaction is expected to close in the first half of 2027 or earlier, subject to customary closing conditions including TMC stockholder approval, regulatory approvals, and certain change‑of‑control consents. If completed, TMC will become privately held and its common stock will be delisted from the New York Stock Exchange.

Key Details

• Announcement date: September 25, 2026 (public statement by TMC).
• Buyer: Madison Dearborn Partners (MDP), a Chicago-based private equity firm.
• Expected timing: Close during H1 2027 (or earlier) pending approvals and conditions.
• Effect on listing: TMC common stock would no longer be listed on the NYSE upon closing.

Why It Matters

• The filing alerts investors that the sponsor’s ownership structure could change materially if the take‑private closes. Changes in sponsor control can affect fund governance, strategy, and operational decisions since USCF is the sponsor of USCI’s funds.
• The 8‑K does not announce any immediate changes to fund operations or management; it notes MDP and TMC plan to pursue a previously announced transformation strategy for USCF after closing. There is no assurance the Transaction will close as expected.