Core Viewpoint - Tidal Financial Group and Defiance ETFs have announced the closure and liquidation of the Battleshares™ TSLA vs F ETF, determining it to be in the best interest of the fund and its shareholders [1] Fund Closure Details - The Battleshares™ TSLA vs F ETF will cease trading on the NYSE Arca at the close of regular trading on October 6, 2025, and will no longer accept creation orders from that date [2] - Shareholders can sell their holdings prior to the Closing Date through standard brokerage transactions, which may incur customary brokerage fees [3] Liquidation Process - Between October 6, 2025, and October 10, 2025, the Fund will begin liquidating its holdings and increasing its cash position in preparation for final distribution, during which the portfolio will deviate from its stated investment strategy [4] - On or around October 10, 2025, the Fund will distribute its remaining net assets to shareholders of record who have not sold their shares prior to liquidation, with the final distribution made in cash on a pro rata basis [5] - After the distribution of net assets is complete, the Fund will be officially terminated [6] Company Background - Tidal Financial Group, formed by ETF industry pioneers, aims to revolutionize the development, launch, marketing, and sale of ETFs, focusing on growing assets under management (AUM) and providing comprehensive services and tools for ETF innovation [7]
Tidal Financial Group and Defiance ETFs Announce the Closure of the Battleshares™ TSLA vs F ETF (NYSE Arca: ELON)