Core Viewpoint - VistaShares and Tidal Financial Group have announced the planned closure and liquidation of the VistaShares Animal Spirits™ 2x Daily Strategy ETF (NYSE: WILD) following a review of the fund's viability, prioritizing the interests of shareholders [1] Fund Closure and Delisting - The fund will be delisted from the New York Stock Exchange (NYSE) at the close of regular trading on January 14, 2025, after which WILD shares will no longer trade on an exchange [2] - Shareholders can sell their shares on the exchange prior to the delisting date through their brokerage accounts, subject to customary brokerage commissions and fees [3] Liquidation Process - The fund will liquidate its portfolio on January 20, 2025, and will increase its cash holdings in preparation for liquidation, which may lead to a deviation from its stated investment objective and strategy [4] - On or around the liquidation date, WILD will distribute its remaining net assets in cash, pro rata, to shareholders of record who have not sold their shares prior to liquidation, with this distribution expected to be a taxable event for shareholders [5]
VistaShares Animal Spirits 2x Daily Strategy ETF (WILD) to Close
Globenewswire·2025-12-31 21:30