UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 4, 2019
ABERDEEN STANDARD GOLD ETF TRUST
(Exact name of registrant as specified in its charter)
| New York | | 001-34441 | | 26-4587209 |
| (State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
c/o Aberdeen Standard Investments ETFs Sponsor LLC 712 Fifth Avenue, 49th Floor New York, NY | | | | 10019 |
| (Address of Principal Executive Offices) | | | | (Zip Code) |
| (844) 383-7289 |
| (Registrant’s telephone number, including area code) |
| N/A |
| (Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Aberdeen Standard Physical Gold Shares ETF | SGOL | NYSE Arca |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR § 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR § 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01 Other Events.
On November 1, 2019 after the close of trading on NYSE Arca, Inc., Aberdeen Standard Gold ETF Trust (the “Registrant”) effected a ten-for-one forward split (the “Split”) of the Aberdeen Standard Physical Gold Shares ETF (the “Shares”) issued by the Registrant. The post-Split Shares will began trading on November 4, 2019. The Registrant previously announced the Split in its press release dated October 11, 2019. As a result of the Split, every pre-Split Share held of record as of the close of the markets on October 31, 2019 was automatically exchanged for ten post-Split Shares. Immediately prior to the Split, there were 8,150,000 Shares issued and outstanding, each representing a net asset value (“NAV”) of $145.31. Immediately after the Split, the number of issued and outstanding Shares increased to 81,500,000, and the NAV per Share decreased to $14.53. The Split did not affect the Shares’ CUSIP number or ticker symbol (SGOL).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | ABERDEEN STANDARD GOLD ETF TRUST |
| | |
| | By: Aberdeen Standard Investments ETFs Sponsor LLC, |
| | Sponsor of the Aberdeen Standard Gold ETF Trust |
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| | |
| | |
| Date: November 4, 2019 | By: | /s/Andrea Melia |
| | | Andrea Melia |
| | | Chief Financial Officer and Treasurer* |
| * | The Registrant is a trust and Ms. Melia is signing in her capacities as officer of Aberdeen Standard Investments ETFs Sponsor LLC, the Sponsor of the Registrant. |
