Veridien Climate Action ETF (CLIA) to Close
2024年8月6日 - 1:52AM
The Board of Trustees of Tidal Trust II has decided to liquidate
and close the
Veridien Climate Action ETF (the
“Fund”), based on the recommendation of the Fund’s adviser, Tidal
Investments LLC, a Tidal Financial Group company. The Board of
Trustees concluded that liquidating and closing the Fund would be
in the best interest of the Fund and its shareholders.
The Fund will cease trading on the NYSE Arca,
Inc. (“NYSE”) and will be closed to purchase by investors as of the
close of regular trading on the NYSE on August 16th, 2024 (the
“Closing Date”). The Fund will not accept purchase orders after the
Closing Date.
Shareholders may sell their holdings in the Fund
prior to the Closing Date and customary brokerage charges may apply
to these transactions. However, from August 16th, 2024 through
August 20th, 2024 (the “Liquidation Date”), shareholders may be
able to sell their shares only to certain broker-dealers and there
is no assurance that there will be a market for the Fund’s shares
during this time period. Between the Closing Date and the
Liquidation Date, the Fund will be in the process of closing down
and liquidating the Fund’s portfolio. This process will result in
the Fund increasing its cash holdings and, as a consequence, its
portfolio holdings will be inconsistent with the Fund’s investment
objective and strategy.
On or about the Liquidation Date, the Fund will
liquidate its assets and distribute cash pro rata to all
shareholders of record who have not previously redeemed or sold
their shares, subject to any required withholding. Liquidation
proceeds paid to shareholders generally should be treated as
received in exchange for shares and will therefore be treated as a
taxable event giving rise to a capital gain or loss depending on a
shareholder’s tax basis. Shareholders should contact their tax
adviser to discuss the income tax consequences of the liquidation.
In addition, these payments to shareholders may include
distributions of accrued capital gains and dividends. As calculated
on the Liquidation Date, the Fund’s net asset value will reflect
the costs of closing the Fund. Once the distributions are complete,
the Fund will terminate.
About Tidal Financial Group
Formed by ETF industry pioneers and thought
leaders, Tidal Financial Group sets out to revolutionize the way
ETFs have historically been developed, launched, marketed, and
sold. With a focus on growing AUM, Tidal offers a comprehensive
suite of services, proprietary tools, and methodologies designed to
bring lasting ideas to market. Tidal is an advocate for ETF
innovation. The firm is on a mission to provide issuers with the
intelligence and tools needed to efficiently and to effectively
launch ETFs and to optimize growth potential in a highly
competitive space. For more information,
visit https://www.tidalfinancialgroup.com/.
Contact Gavin Filmore at gfilmore@tidalfg.com for more information.
Tidal Trust II (NYSE:CLIA)
過去 株価チャート
から 8 2024 まで 9 2024
Tidal Trust II (NYSE:CLIA)
過去 株価チャート
から 9 2023 まで 9 2024