05/18/2026 | Press release | Distributed by Public on 05/18/2026 14:41
Item 8.01 Other Events.
On May 18, 2026, prior to the open of trading on NYSE Arca, Inc., abrdn Palladium ETF Trust (the "Registrant") effected a 5-for-1 forward split (the "Split") of the abrdn Physical Palladium Shares ETF (the "Shares") issued by the Registrant. The post-Split Shares began trading on May 18, 2026. The Registrant previously announced the Split in its press release dated April 22, 2026. As a result of the Split, every pre-Split Share held of record as of the close of the markets on May 14, 2026 was automatically exchanged for five post-Split Shares. Immediately prior to the Split, there were 6,112,500 Shares issued and outstanding, each representing a net asset value ("NAV") of $128.69. Immediately after the Split, the number of issued and outstanding Shares increased to 30,562,500, and the NAV per Share decreased to $25.74. The Split did not affect the Shares' CUSIP number or ticker symbol (PALL).