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Teucrium (CANE) names new CCO Brian MacKenzie; prospectus updated

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
424B3

Rhea-AI Filing Summary

Teucrium Commodity Trust files a prospectus supplement for the 7RCC Spot Bitcoin and Carbon Credit Futures ETF updating Sponsor personnel and disclosure. Effective May 8, 2026, Christi Powitzky resigned as Chief Compliance Officer of Teucrium Trading, LLC; effective May 11, 2026, Brian T. MacKenzie was appointed Chief Compliance Officer. The supplement revises personnel, principal designations under CFTC Rule 3.1, and the dealer prospectus delivery period to run until June 22, 2026 (25 calendar days after the offering date).

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File number File No. 333-290330 prospectus registration
Prospectus date March 13, 2026 Prospectus referenced by this supplement
CCO resignation effective May 8, 2026 Christi Powitzky resignation
CCO appointment effective May 11, 2026 Brian T. MacKenzie appointment
Prospectus date (supplement) May 12, 2026 date of this prospectus supplement
Dealer delivery period end June 22, 2026 (25 calendar days) prospectus delivery requirement after offering date
Appointee age 46 years age of Brian T. MacKenzie
prospectus supplement regulatory
"This supplement is to the prospectus (the “Prospectus”) of Teucrium Commodity Trust"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
CFTC Rule 3.1 regulatory
"are “principals,” as that term is defined in CFTC Rule 3.1, of the Sponsor"
Chief Compliance Officer (CCO) financial
"appointed as the Chief Compliance Officer of the Sponsor"
Offering Type base_shelf_indeterminate

Filed Pursuant to Rule 424(b)(3)

File No. 333-290330

 

PROSPECTUS SUPPLEMENT

(To Prospectus dated March 13, 2026, as supplemented)

 

7RCC Spot Bitcoin and Carbon Credit Futures ETF

 

This supplement is to the prospectus (the “Prospectus”) of Teucrium Commodity Trust (the “Trust”) dated March 13, 2026, which relates to shares (the “Shares”) issued by 7RCC Spot Bitcoin and Carbon Credit Futures ETF (the “Fund”), a series of the Trust. The Shares have previously been registered under the Securities Act of 1933, as amended, on a registration statement bearing File No. 333-290330. Capitalized terms used but not defined herein shall have the meanings assigned to them by the Prospectus. This Prospectus supplement should be read in its entirety and kept together with your Prospectus for future reference.

 

* * * * *

 

Effective May 8, 2026, Christi Powitzky resigned as the Chief Compliance Officer of Teucrium Trading, LLC (the “Sponsor”), Sponsor of the Fund.

 

Effective May 11, 2026, Brian T. MacKenzie was appointed as the Chief Compliance Officer of the Sponsor.

 

Accordingly, the Prospectus is hereby revised as follows:

 

The section of the Prospectus titled The Sponsor is leanly staffed and relies heavily on key personnel to manage trading activities is hereby deleted and replaced with the following:

 

The Sponsor is leanly staffed and relies heavily on key personnel to manage trading activities.

 

In managing and directing the day-to-day activities and affairs of the Fund, the Sponsor relies almost entirely on a small number of individuals, including Mr. Sal Gilbertie, Mr. Springer Harris, Ms. Cory Mullen-Rusin and Mr. Brian T. MacKenzie. If Mr. Gilbertie, Mr. Harris, Ms. Mullen-Rusin or Mr. MacKenzie were to leave or be unable to carry out their present responsibilities, it may have an adverse effect on the management of the Fund. To the extent that the Sponsor establishes additional commodity pools, even greater demands will be placed on these individuals.

 

The fifth paragraph of the section of the Prospectus titled The Offering The Sponsor Management of the Sponsor is hereby deleted and replaced with the following:

 

Brian T. MacKenzie has been the Chief Compliance Officer and AML Compliance Officer of the Sponsor since May 11, 2026. Mr. MacKenzie is responsible for developing, instituting, and monitoring the effectiveness of processes and procedures to comply with all regulatory requirements. He was listed as a Principal of the Sponsor on May 8, 2026. Mr. MacKenzie has over twenty years of experience in the investment compliance industry. He has served as Head of Adviser Compliance Support Services at PINE Adviser Solutions since 2022. In this role, he oversees the management of Investment Adviser Compliance programs and serves as both an Adviser Chief Compliance Officer and Fund Chief Compliance Officer. From October 2018 to January 2022, he was at Janus Henderson Investors, where he most recently served as the Head of Portfolio Surveillance and Reporting. In this role, Mr. MacKenzie managed regulatory filings, client reporting, trade surveillance and led a team that implemented compliance programs for over sixty global product launches, including registered mutual funds, ETFs, and separately managed portfolios. Mr. MacKenzie began his compliance career at Brown Brothers Harriman in Boston, MA, where he was Vice President and Head of Portfolio Compliance. Brian earned his B.A. from the University of Massachusetts, Amherst, and serves on the Advisory Board for the Compliance and Ethics Program in the Master of Science in Legal Studies at the University of Colorado Boulder Law School. He is 46 years old.

 

The sixth paragraph of the section of the Prospectus titled The Offering The Sponsor Management of the Sponsor is hereby deleted and replaced with the following:

 

Messrs. Gilbertie and Harris, Van Eck Associates Corporation, Ms. Mullen-Rusin and Mr. MacKenzie are “principals,” as that term is defined in CFTC Rule 3.1, of the Sponsor and Teucrium Investment Advisors, LLC. These persons are principals due to their positions and/or due to their ownership interests in the Sponsor. GFI Group LLC is a principal under CFTC Rules due to its ownership of certain non-voting securities of the Sponsor and Teucrium Investment Advisors, LLC. NMSIC Classic LLC is a principal under CFTC Rules due to its greater than 10% capital contribution to the Sponsor. The Sponsor is a listed principal of Teucrium Investment Advisors, LLC due to its 100% ownership of the entity.

 

The last paragraph of the Prospectus is hereby deleted and replaced with the following:

 

Until June 22, 2026 (25 calendar days after the offering date), all dealers effecting transactions in the Shares, whether or not participating in this distribution, may be required to deliver a prospectus. This requirement is in addition to the obligations of dealers to deliver a prospectus when acting as underwriters and with respect to unsold allotments or subscriptions.

 

 

The date of this prospectus is May 12, 2026

 

 

FAQ

What change to compliance leadership does CANE disclose?

The supplement states that Christi Powitzky resigned as Chief Compliance Officer effective May 8, 2026, and Brian T. MacKenzie was appointed Chief Compliance Officer effective May 11, 2026. The disclosure updates the Fund’s prospectus personnel descriptions.

Who is Brian T. MacKenzie and what experience is disclosed for CANE?

Brian T. MacKenzie is named Chief Compliance Officer and AML Compliance Officer as of May 11, 2026. The supplement notes his over 20 years in investment compliance and lists prior roles at PINE Adviser Solutions, Janus Henderson Investors, and Brown Brothers Harriman.

How long must dealers deliver a prospectus for CANE shares?

The prospectus states dealers may be required to deliver a prospectus until June 22, 2026, which it notes is 25 calendar days after the offering date. This requirement applies to dealers effecting transactions in the Shares.

Does the supplement change Sponsor principal designations for CANE?

Yes. The supplement lists Messrs. Gilbertie and Harris, Van Eck Associates Corporation, Ms. Mullen-Rusin, and Mr. MacKenzie as principals under CFTC Rule 3.1, explains GFI Group LLC and NMSIC Classic LLC principal status, and notes the Sponsor’s listed principal role.