Liquidation: TRIDAN CORP

Form Type: DEF 14A

Filing Date: 2025-07-01

Corporate Action: Liquidation

Type: Update

Accession Number: 000119312525154119

Filing Summary: Tridan Corp has filed a DEF 14A Proxy Statement associated with its upcoming annual shareholders meeting scheduled for July 15, 2025, and reports its decision to proceed with liquidation due to having fulfilled its intended purpose. The company has confirmed that it achieved its goals which necessitated the liquidation of its investments. The document includes a financial performance overview for the fiscal year ending April 30, 2025, reporting a trailing one-year gross performance of 2.52% for the Tridan Fund. Additional insights detail the municipal market’s fluctuations, the investment strategies employed, and the composition of the board of directors, highlighting their diverse qualifications. The company’s investment policies, risks, and the overall market conditions that impact its performance during this period are analyzed, underscoring the investment landscape amidst tariff negotiations and the effect of economic indicators.