On March 20, 2026, United States 12 Month Natural Gas Fund, LP filed an 8-K report with the Securities and Exchange Commission (SEC), detailing its financial condition as of December 31, 2025. The filing includes the audited Statements of Financial Condition of United States Commodity Funds LLC (USCF), the general partner of the Fund, for the years ending December 31, 2025, and 2024. The report indicates that the Fund's total assets as of December 31, 2025, amounted to $6,712,164, a slight decrease from $7,128,612 in 2024. The total liabilities were reported at $1,636,199, leading to a member's equity of $5,075,965. The report also highlights the Fund's ongoing legal proceedings and regulatory inquiries, which could potentially impact its financial condition. However, no accruals have been recorded for these legal matters as of the reporting date, indicating that the company is unable to predict the timing or outcome of these issues. The filing is primarily administrative, providing necessary updates to the SEC without any immediate implications for stock price or investor sentiment.

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