Form 8-K - Current report
August 14 2024 - 4:16PM
Edgar (US Regulatory)
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0001460235
0001460235
2024-08-08
2024-08-08
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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): August 14, 2024 (August 8, 2024)
ABRDN
PLATINUM ETF TRUST
(Exact
name of registrant as specified in its charter)
New York |
|
001-34590
|
|
26-4732885 |
(State
or other jurisdiction of incorporation) |
|
(Commission
File Number) |
|
(IRS
Employer Identification No.) |
c/o abrdn ETFs Sponsor LLC
1900 Market Street, Suite 200
Philadelphia, PA |
|
19103 |
(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 |
abrdn Physical Platinum Shares ETF |
PPLT |
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
1.02 | Termination
of a Material Definitive Agreement. |
Termination
of Allocated and Unallocated Account Agreements with Prior Custodian
Effective
August 8, 2024, JPMorgan Chase Bank N.A. (“JPMorgan” or the “Former Custodian”) no longer serves as a custodian
of the Trust’s platinum.
Pursuant
to the notice of termination of the allocated and unallocated account agreements with the Former Custodian (the “Former Custody
Agreements”) delivered to the Former Custodian, the termination became effective on August 8, 2024, which was the date on which
all platinum held in the allocated and unallocated accounts governed by the Former Custody Agreements had transferred to the allocated
and unallocated accounts governed by the allocated and unallocated account agreements with ICBC Standard Bank Plc (the “New Custodian”).
Accordingly, custody of all of the Trust’s platinum is now pursuant to the allocated and unallocated account agreements with the
New Custodian.
No
cost or expense was, or will be, incurred by the Trust or the holders of the abrdn Physical Platinum Shares ETF in connection with the
termination of the Former Custody Agreements.
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.
|
ABRDN PLATINUM ETF TRUST |
|
|
|
By: abrdn ETFs Sponsor LLC, |
|
Sponsor of the abrdn Platinum ETF Trust |
|
|
Date: August 14, 2024 |
By: |
/s/Brian
Kordeck |
|
|
Brian Kordeck |
|
|
Chief Financial Officer and Treasurer* |
* |
The
Registrant is a trust and Mr. Kordeck is signing in his capacities as officer of abrdn ETFs Sponsor LLC, the Sponsor of the Registrant. |
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