IPO - COTWO ADVISORS PHYSICAL EUROPEAN CARBON ALLOWANCE TRUST

Form Type: S-1/A

Filing Date: 2025-01-27

Corporate Action: Ipo

Type: Update

Accession Number: 000121390025006645

Filing Summary: COtwo Advisors Physical European Carbon Allowance Trust filed its Pre-Effective Amendment No. 3 to Form S-1 with the SEC to amend its registration statement for an initial public offering (IPO) of Shares that represent fractional ownership in the Trust's assets, primarily composed of European Union Carbon Emission Allowances (EUAs). This filing includes an indeterminate amount of Shares, each reflecting the performance of EUAs while minimizing operational expenses. The Trust, established on January 12, 2023, will issue Shares in increments called 'Baskets.' The document also outlines the roles of the Trust's service providers, including COtwo Advisors LLC as the Sponsor, Wilmington Trust as the Trustee, and State Street Bank and Trust Company as the Administrator and Transfer Agent. Risk factors related to the Trust's management and market conditions are highlighted, including the fact that the Shares will not be redeemable by individual shareholders but will trade on the NYSE Arca under the symbol 'CTWO.' The filing indicates the ongoing regulatory process to ensure compliance with applicable laws and the operation of the Trust as a non-registered investment company.

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