United States Commodity Index Funds Trust (CPER): Entry into a Material Definitive Agreement
United States Commodity Index Funds Trust (CPER) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement. On September 25, 2026, The Marygold Companies, Inc. (“TMC”) publicly announced its entry into a definitive agreement with Madison Dearborn Partners (“MDP”), a leading private equity firm based in Chicago, for TMC to become a p
How this was made
The 30-second read
Why it matters
The deal will likely result in CPER being taken private and removed from NYSE, impacting liquidity and valuation.
Market read
The transaction could force CPER investors to exit positions, creating short‑term price volatility.
What to watch
Regulatory approval timeline and potential alternative buyers for USCF.
Background
The Marygold Companies, Inc. (TMC) plans to sell its subsidiary USCF, the sponsor of CPER, in an all‑cash deal with Madison Dearborn Partners.
Ticker impact
SEC 8‑K reports TMC will sell USCF, leading to CPER being taken private and delisted from NYSE.
Downward pressure on CPER price until transaction closes.
Delisting events historically cause price drops and liquidity concerns.
Market effects
Commodity index fund sector may see increased scrutiny on ownership structures.
U.S. ETF market affected by potential delisting.
Limited to investors holding CPER or similar commodity ETFs.
Counterpoint
If the transaction fails, CPER could rally on relief rally.
Key entities
- CompanyThe Marygold Companies, Inc.
Current sole shareholder of USCF, seller in the transaction.
- Private Equity FirmMadison Dearborn Partners
Buyer in the definitive agreement.
- ETFUnited States Commodity Index Funds Trust (CPER)
Commodity index fund potentially delisted.


