M&A - Advisors Disciplined Trust 2253
Form Type: 497
Filing Date: 2025-02-25
Corporate Action: Acquisition
Type: New
Accession Number: 000183988225010672
Filing Summary: Advisors Disciplined Trust 2253 provides a supplement to the prospectus detailing a significant transaction. Apollon Wealth Management, LLC will acquire the investment advisory business assets of Cyrus J. Lawrence LLC based on an asset purchase agreement dated January 22, 2025. This acquisition is anticipated to finalize around February 26, 2025, contingent upon customary closing conditions and receiving necessary client consents. Importantly, this transaction will not alter any trust's investment objective or principal investment strategy.
Additional details:
Asset Purchase Agreement Date: 2025-01-22
Expected Closing Date: 2025-02-26
Company Acquiring Assets: Apollon Wealth Management, LLC
Company Being Acquired: Cyrus J. Lawrence LLC
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