SCHEDULE 13G 0001706164 XXXXXXXX LIVE Common Stock 09/30/2025 0001471824 Teucrium Commodity Trust 88166A508 THREE MAIN STREET SUITE 215 BURLINGTON VT 05401 Rule 13d-1(b) PenderFund Capital Management Ltd. A1 3480000.00 0.00 3480000.00 0.00 3480000.00 12.9 CO Teucrium Commodity Trust THREE MAIN STREET, SUITE 215, BURLINGTON, VERMONT, 05401 PenderFund Capital Management Ltd. The address of the principal business office of PenderFund Capital Management Ltd. is 1830-1066 West Hastings Street, Vancouver, BC, Canada V6E 3X2 PenderFund Capital Management Ltd. is a corporation formed under the laws of the province of British Columbia, Canada N FI Institutional Manager 3,480,000 12.85% 3,480,000 0 3,480,000 0 Y N Y Y Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. PenderFund Capital Management Ltd. /s/ Amanada Patterson 10/10/2025