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Stock impact report

SoFi and Tidal Announce Upcoming Changes to SoFi ETF Lineup

SoFi Be Your Own Boss ETF (BYOB) 
Company Research Source: GlobeNewswire
CHICAGO and MILWAUKEE and NEW YORK, Feb. 09, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Tidal ETF Trust has agreed to the liquidation and closure of the SoFi Weekly Income ETF (NYSE: TGIF), SoFi Weekly Dividend ETF (NYSE: WKLY), SoFi Smart Energy ETF (NYSE: ENRG), SoFi Be Your Own Boss ETF (NASDAQ: BYOB), and SoFi Web 3 ETF (NASDAQ: TWEB) (the “Funds”), based on the recommendation of the Funds’ investment adviser, Tidal Investments LLC, a Tidal Financial Group company and SoFi Finance, Inc., the Funds’ Sponsor. The Board of Trustees concluded that liquidating and closing the Funds would be in the best interest of each Fund and its shareholders.  Shares of TGIF, WKLY, and ENRG will cease trading on the NYSE Arca, Inc. (the “NYSE”) and will be closed to purchase by investors as of the close of regular trading on the NYSE on February 20, 2024 (the “Closing Date”). Shares of BYOB and TWEB will cease trading on the NASDAQ Stock Market, LLC (“NASDAQ”) and will be closed to purcha Show less Read more
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