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Tidal Financial Group Announces Liquidation of ATAC US Rotation ETF (RORO)
Newsfilter· 2025-10-03 20:23
Core Viewpoint - Tidal Investments LLC has decided to close and liquidate the ATAC US Rotation ETF after receiving approval from the Fund's Board of Trustees [1] Fund Closure Details - The Fund will stop trading on the NYSE Arca, Inc. at market close on October 20, 2025, and shareholders are advised to sell their shares before this date [2] - After trading ceases, remaining shareholders will have their shares automatically redeemed for cash based on the Fund's net asset value (NAV) as of the liquidation date, October 24, 2025 [3] - The Fund may hold higher levels of cash and deviate from its stated investment objective during the wind-down period to prepare for liquidation [3] Termination Process - Following the distribution of proceeds, the Fund will officially terminate [4] Company Background - Tidal Financial Group is focused on revolutionizing ETF development, marketing, and sales, providing a comprehensive suite of services and proprietary tools to enhance growth potential in the ETF space [5]
Tidal Financial Group Announces Liquidation of ATAC US Rotation ETF (RORO)
Globenewswire· 2025-10-03 20:23
Group 1 - Tidal Investments LLC has decided to close and liquidate the ATAC US Rotation ETF after approval from the Fund's Board of Trustees [1] - The Fund will cease trading on the NYSE Arca, Inc. at market close on October 20, 2025, and shareholders are advised to sell their shares before this date [2] - Any remaining shareholders after trading ceases will have their shares automatically redeemed for cash based on the Fund's net asset value as of the liquidation date, October 24, 2025 [3] Group 2 - Following the distributions to shareholders, the Fund will officially terminate [4] - Tidal Financial Group is focused on revolutionizing ETF development and provides a comprehensive suite of services to optimize growth potential in the ETF market [5]