Core Points - SandRidge Mississippian Trust I has resolved its litigation against the Trust, concluding the Securities Litigation without any appeals filed by the deadline of October 14, 2025 [1][11] - The Trust announced a final distribution of $5,735,127, equating to $0.2048 per unit, which will be distributed to unitholders on or before November 14, 2025 [2][7] - Following the final distribution, the Trust units will be removed from trading and cancelled, with the Trust remaining in existence until the filing of a certificate of cancellation in Delaware [4] Financial Summary - The distributable income was calculated as follows: - Cash and cash equivalents at June 30, 2021: $7,899,785 - Trust administrative expenses (July 1, 2021 – September 30, 2025): $(2,550,141) - Interest earned (July 1, 2021 – September 30, 2025): $935,484 - Provision for remaining winding-up expenses of the Trust: $(550,000) - Total distributable income available to unitholders: $5,735,128 [6] - The final distribution will be applicable to unitholders of record as of November 7, 2025, with the ex-date to be determined by FINRA [3] Trust Operations - The Trust owned royalty interests in oil and natural gas properties, receiving proceeds from production until April 1, 2021, with distributions fluctuating based on production volumes and prices [5] - The Trust has gradually increased cash reserves for potential liabilities, withholding a total of approximately $425,000 over the years [7]