Liquidation: Tidal ETF Trust

Form Type: 497

Filing Date: 2025-03-21

Corporate Action: Liquidation

Type: New

Accession Number: 000199937125002991

Filing Summary: Tidal ETF Trust has announced the closure and liquidation of the Robinson Alternative Yield Pre-Merger SPAC ETF (Ticker Symbol: SPAX). The Board of Trustees made this decision based on recommendations from its investment adviser, Tidal Investments LLC, and sub-adviser, Robinson Capital Management, LLC. Shares of the Fund will cease trading on NYSE Arca, Inc. and will be closed to purchase on April 7, 2025. From this date until April 11, 2025, shareholders may only sell to certain broker-dealers, with no assurance of a market for the shares. Liquidation involves closing down the Fund's portfolio, increasing cash holdings, and halting the pursuit of the Fund's investment objective. On the Liquidation Date, all assets will be liquidated, and cash will be distributed pro rata to shareholders who have not sold their shares. This distribution will be treated as a taxable event, and shareholders are advised to consult their tax adviser regarding income tax implications. Once distributions are made, the Fund will terminate.

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Form Type: N-CSRS

Filing Date: 2025-02-07

Corporate Action: Liquidation

Type: New

Accession Number: 000199937125001391

Filing Summary: Tidal ETF Trust disclosed a semi-annual shareholder report for the Newday Ocean Health ETF for the period ended November 30, 2024. The report outlines that the Fund could not gather sufficient assets to manage its operational costs and, upon the recommendation of Tidal Investments LLC and Newday Funds, Inc., the Board of Trustees determined it was in the best interests of the Fund and its shareholders to liquidate and terminate the Fund. The liquidation took effect on December 31, 2024. Key financial statistics reported include a total net asset of $3.198 million and a portfolio turnover of 12%. The report features details on fund performance, costs associated with investments, distributions made to shareholders, and a breakdown of holdings across various sectors.

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Form Type: 497

Filing Date: 2024-12-19

Corporate Action: Liquidation

Type: New

Accession Number: 000199937124015565

Filing Summary: The Board of Trustees of Tidal ETF Trust has decided to terminate the Newday Diversity, Equity & Inclusion ETF effective December 31, 2024. The Fund, which never commenced operations and was not available for purchase, does not have any assets, therefore no liquidation or distribution of Fund assets will occur. Investors are advised to retain this Supplement with their other documents related to the Fund.

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