Company: GLDW
Filing Date: 2025-02-05
Form Type: 10-Q
Source: 0001437749-25-002864
Chunk: 14

Company: World Gold Trust
Filing Date: 2025-02-05
Form: 10-Q
Item: Item 8
Chunk 14
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 rules and forms, and that such information is accumulated and communicated to the duly authorized officers of the Sponsor performing functions equivalent to those a principal executive officer and principal financial officer of the Trust would perform if the Trust had any officers, and to the Audit Committee of the Sponsor, as appropriate, to allow timely decisions regarding required disclosure.

Internal Control Over Financial Reporting 

There has been no change in the internal control over financial reporting of the Trust that occurred during the most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Trust’s internal control over financial reporting.

There has been no change in the internal control over financial reporting of GLDM that occurred during the most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, GLDM’s internal control over financial reporting.

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PART II—OTHER INFORMATION: 

      Item 1. 
      Legal Proceedings 

None. 

      Item 1A. 
      Risk Factors  

You should carefully consider the factors discussed in Part I, Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the year ended September 30, 2024, which could materially affect our business, financial condition or future results. There have been no material changes in our risk factors from those disclosed in our 2024 Annual Report on Form 10-K.

The risks described in our Annual Report on Form 10-K are not the only risks facing the Trust. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition and/or operating results.

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      Item 2. 
      Unregistered Sales of Equity Securities and Use of Proceeds 

      a) 
      None. 

      b) 
      Not applicable. 

      c) 
      Although GLDM does not purchase shares directly from its shareholders, in connection with the redemption of Creation Units, GLDM redeemed 15,600,000 Shares (156 Creation Units) during the quarter ended December 31, 2024 as set forth in the table below. 

      Total Number of 

      Average Ounces of 

      Shares 

      Gold 

      Period 
      
      Redeemed 

      Per Share 

      10/1/24 to 10/31/24 

     4,500,000

     0.01982

      11/1/24 to 11/30/24