UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): ~~May~~June 192, 2023

ConvexityShares Trust

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

001-41417		86-6789125
(Commission File Number)		(IRS Employer Identification No.)

7 Roszel Road, Suite 1A Princeton, New Jersey		08540
(Address of Principal Executive Offices)		(Zip Code)

(609) 897-7300

(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Shares of ConvexityShares Daily 1.5x SPIKES Futures ETF	SPKY	NYSE Arca, Inc.
Shares of ConvexityShares 1x SPIKES Futures ETF	SPKX	NYSE Arca, Inc.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 38.0301 ~~Material~~Other ~~Modification of Rights to Security Holders~~Events.

ToEffective July 3, 2023 (the ~~extent~~“Effective ~~required~~Date”), byConvexityShares, ~~Item~~LLC ~~3.03~~(“ConvexityShares”) will withdraw as Sponsor of ~~Form~~ConvexityShares Trust ~~8-K~~(the “Trust”), and each of its series, the ConvexityShares Daily 1.5x SPIKES Futures ETF and ConvexityShares 1x SPIKES Futures ETF (together, the ~~information~~“Funds”). ~~contained~~ConvexityShares inhas ~~Item~~appointed 5Teucrium Trading, LLC (“Teucrium”) to serve as sponsor of the Trust, commencing on the Effective Date (“Sponsor Replacement”).03 After the Effective Date, Teucrium will serve as sole sponsor of ~~this~~the ~~Current~~Trust ~~Report~~and intends to carry on ~~Form~~the ~~8-K~~business isof ~~incorporated~~the ~~herein~~Trust byand ~~reference~~the Funds.

~~Item~~Other than ~~5.03~~the ~~Amendments~~changes tooutlined ~~Articles~~above, ofit ~~Incorporation~~is not expected that the Sponsor Replacement will affect the Trust, its shareholders or ~~Bylaws;~~an ~~Change~~investment in the Funds’ shares in ~~Fiscal~~any ~~Year~~way.

~~Effective May 19, 2023, ConvexityShares~~There ~~LLC~~is ~~(“ConvexityShares”)~~no ~~executed~~guarantee anthat ~~amendment to~~ the ~~ConvexityShares~~Sponsor ~~Trust’s~~Replacement ~~(the~~will ~~“Trust”)~~be ~~Declaration~~completed ~~of Trust~~within ~~and~~the ~~Trust~~expected ~~Agreement~~time ~~(“Declaration of Trust”)~~frame, ~~which~~or ~~amended~~at ~~certain provisions as follows:~~all.

1.A copy ~~The definition~~ of ~~“Event of Withdrawal” was revised to state that~~ the ~~sponsor’s~~press ~~actual~~release ~~withdrawal,~~issued ~~and~~by ~~not~~ConvexityShares ~~the~~is ~~provision~~attached ofhereto ~~notice~~as ofExhibit ~~withdrawal, constitutes an Event of Withdrawal~~99.1.

2.Item ~~Section 4~~9.~~2(a)~~01 ~~was~~Financial ~~amended~~Statement ~~to clarify that each series within the Trust can issue,~~ and ~~has issued, units in accordance with the terms of the Declaration of Trust.~~Exhibits

3. Section 5.12(a) was revised to change the notice period for a withdrawal of the sponsor from ninety days to thirty days.

Exhibit No.		Description
99.1		Press release dated June 2, 2023.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

~~4. Section 14.~~1(a) was revised to add that an Event of Withdrawal will not cause the dissolution of the Trust, if prior to the Event of Withdrawal, the Sponsor appoints a successor sponsor that agrees to carry on the business of the Trust.

~~A copy of the amendment to the Declaration of Trust is filed herewith as Exhibit 99.1.~~SIGNATURES

~~Item~~Pursuant ~~9.01~~to ~~Financial~~the ~~Statements~~requirements ~~and~~of ~~Exhibits~~the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Exhibit No.		Description
	ConvexityShares Trust (Registrant)
99.1		Amendment No. 1 to the Declaration of Trust and Trust Agreement of Convexityshares Trust
	By:	ConvexityShares, LLC
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)
		its Sponsor
	/s/ Simon Ho
Date: June 2, 2023	Simon Ho
	Interim Chief Executive Officer

~~SIGNATURES~~2

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	ConvexityShares Trust (Registrant)
	By:	ConvexityShares, LLC
		its Sponsor
	/s/ Simon Ho
Date: May 24, 2023	Simon Ho
	Interim Chief Executive Officer

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