Company: SPPP
Filing Date: 2025-10-10
Form Type: F-10EF
Source: 0001999371-25-015206
Chunk: 0

Company: SPROTT PHYSICAL PLATINUM & PALLADIUM TRUST
Filing Date: 2025-10-10
Form: F-10EF
Chunk 0
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As filed with the Securities and Exchange Commission on October 10, 2025 Registration No. 333- U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 FORM F-10
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933 SPROTT PHYSICAL PLATINUM AND PALLADIUM TRUST
(Exact name of Registrant as specified in its charter)

| Province of Ontario, Canada        |     |                         1040 |     | N/A                |
| (Province or other jurisdiction of 
 incorporation or organization)     |     | -Primary Standard Industrial 
   Classification Code Number |     | -I.R.S. Employer   
 Identification No. |

Royal Bank Plaza, South Tower
200 Bay Street, Suite 2600
Toronto, Ontario,
Canada M5J 2J1
(416) 943-8099
(Address and telephone number of Registrant’s principal executive offices) Puglisi & Associates
850 Library Avenue, Suite 204
Newark, Delaware 19711
(302) 738-6680
(Name, address (including zip code) and telephone number (including area code)
of agent for service in the United States)

| Copies                           
 to:                              |     |                          |     |                        |
| Lara                             
 Misner                           
 Sprott Asset Management LP       
 Royal Bank Plaza, South Tower,   
 200 Bay Street, Suite 2600       
 Toronto, Ontario, Canada M5J 2J1 
 (416) 943-8099                   |     | John                     
 Laffin, Esq.             
 Stikeman Elliot LLP      
 5300 Commerce Court West 
 199 Bay Street           
 Toronto, Ontario, Canada 
 M5L 1B9                  
 (416) 869-5289           |     | Anthony                
 Tu-Sekine, Esq.        
 Seward & Kissel LLP    
 901 K Street N.W.      
 Washington, D.C. 20001 
 (202) 737-8833         |

Approximate date of commencement of proposed sale of the securities to the public:
From time to time after the effective date of this Registration Statement. It is proposed that this filing shall become effective (check appropriate box)

| A. |     | ☒ |     | upon filing with the Commission, pursuant to                                                                                      
 Rule 467(a) (if in connection with an offering being made contemporaneously in the United States