Current Report Filing (8-k)
June 12 2020 - 9:06AM
Edgar (US Regulatory)
0001327068
false
0001327068
2020-06-12
2020-06-12
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):
June 12, 2020
UNITED STATES OIL FUND, LP
(Exact name of registrant as specified in its
charter)
Delaware
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001-32834
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20-2830691
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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1850 Mt. Diablo Boulevard, Suite 640
Walnut
Creek, California 94596
(Address of principal executive offices) (Zip
Code)
(510) 522-9600
Registrant’s telephone number, including area
code
Not Applicable
(Former name or former address, if changed since
last report)
Securities registered pursuant to Section
12(b) of the Act:
Title of each class:
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Trading Symbol(s)
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Name of each exchange on which registered:
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Shares of United States Oil Fund, LP
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USO
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NYSE Arca, Inc.
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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
(see General Instruction A.2. below):
☐ Written
communication 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))
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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 June 12, 2020, the Securities and Exchange Commission (the
“SEC”) has declared effective a registration statement on Form S-3 (333- 237750) that was filed by the United States
Oil Fund, LP (“USO” ), a Delaware limited partnership, on April 20, 2020, which registers an additional 1,000,000,000
shares that are now available for purchase by USO’s Authorized Purchasers. USO previously announced in a current report on
Form 8-K that was filed on April 21, 2020 (“April 21 Form 8-K”), that it had suspended
the ability of the USO Authorized Purchasers to purchase new creation baskets until such time as the SEC declared the new USO registration
statement for the additional shares to be effective. As indicated in the April 21 Form 8-K, USO is issuing this current report
on Form 8-K to announce the effectiveness of the above-mentioned registration statement offering the additional, new shares as
well as USO’s ability to resume offering Creation Baskets to its Authorized Purchasers as of the date hereof.
Forward-Looking Statements
This communication contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that
are subject to risks and uncertainties, including, without limitation, statements regarding USO’s expectations. Statements
containing words such as “may,” “will,” “expect,” “anticipate,” “believe,”
“intend,” “plan,” “project,” “should,” “estimate,” “seek”
or any negative or other variations on such expression constitute forward-looking statements. These forward-looking statements
are based on information currently available to USO and are subject to a number of risks, uncertainties and other factors, both
known and unknown, that could cause the actual results, performance, prospects or opportunities of USO to differ materially from
those expressed in, or implied by, these forward-looking statements.
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.
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UNITED STATES OIL FUND, LP
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By:
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United States Commodity Funds LLC, its general partner
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Date: June 12, 2020
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By:
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/s/ John P. Love
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Name:
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John P. Love
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Title:
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President and CEO
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