Company: DEFI
Filing Date: 2025-11-04
Form Type: POS AM
Source: 0001999371-25-016766
Chunk: 122

Company: Tidal Commodities Trust I
Filing Date: 2025-11-04
Form: POS AM
Chunk 122
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 Bitcoin Custodian or Cash Custodian, as applicable, unless such failure is due to an act or omission of the Sponsor or Trust. Suspension and Rejection of Purchase Orders The Sponsor holds the discretion to suspend purchase orders or delay their settlement in specific situations. These may include (1) exchange closures or trading restrictions, (2) emergencies (including but not limited to: an interruption in services or availability of the Bitcoin Custodian, Cash Custodian, Administrator, or other service providers to the Trust, act of God, catastrophe, civil disturbance, government prohibition, war, terrorism, strike or other labor dispute, fire, force majeure, interruption in telecommunications, Internet services, or network provider services, unavailability of Fedwire, SWIFT or banks’ payment processes, significant technical failure, bug, error, disruption or fork of the bitcoin network, hacking, cybersecurity breach, or power, Internet, or Bitcoin network outage, or similar event), (3) Shareholder protection needs, or (4) when it’s not in the best interest of the Fund or its investors. Purchase orders must conform to the criteria outlined in the Authorized Purchaser Agreement and be for whole baskets. The Sponsor may suspend orders that don’t meet these criteria. The Sponsor will provide notice to the Fund’s shareholders by posting a notification to the Fund’s website. In addition, the Sponsor intends to file a current report on Form 8-K in order to inform shareholders of the suspension of creations. The Sponsor acting by itself or through the Distributor or transfer agent may reject a purchase order or a Creation Basket Deposit if:

| ● | it                                                                                       
 determines that the purchase order or the Creation Basket Deposit is not in proper form; |

| ● | it                                                                                       
 believes that acceptance of the purchase order or the Creation Basket Deposit would have 
 adverse tax consequences to the Fund or its Shareholders;                                |

| ● | the                                                                                   
 acceptance or receipt of the Creation Basket Deposit would, in the opinion of counsel 
 to the Sponsor, be unlawful;                                                          |

| ● | circumstances                                                                          
 outside the control of the Sponsor, Marketing Agent or transfer agent make it, for all 
 practical purposes, not feasible to process creations of baskets; or                   |

| ● | if,                                                                                   
 in the sole discretion of the Sponsor, the execution of such an order would not be in 
 the best interest of the Fund or its Shareholders.                                    |

None of the Sponsor, Marketing Agent or transfer agent will be liable for the rejection of any purchase order or Creation Basket Deposit.