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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
NEW YORK, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Tidal Investments LLC, a Tidal Financial Group company (“Tidal”), investment adviser to the ATAC US Rotation ETF (NYSE: RORO) (the “Fund”), has determined, after approval by the Fund’s Board of Trustees, to close and liquidate the Fund. The Fund will cease trading on the NYSE Arca, Inc. at market close on October 20, 2025. Shareholders who wish to sell their shares on the exchange should do so on or before that date. Following the close of trading, shares will no ...