Tender Offer - Arca U.S. Treasury Fund
Form Type: N-23C3A
Filing Date: 2025-07-01
Corporate Action: Tender-offer
Type: New
Accession Number: 000158064225003972
Filing Summary: The Arca U.S. Treasury Fund is initiating a monthly repurchase offer to allow shareholders to liquidate up to five percent of their issued and outstanding shares. This repurchase period will run from July 1, 2025, to July 15, 2025. Shareholders are required to submit a Repurchase Request via the Arca internet portal, including securing their ArCoins through a QR code sent to their Ethereum wallet. The repurchase price will be based on the net asset value (NAV) as of July 15, 2025, with the current NAV being $1.00 per share as of June 30, 2025. Proceeds from repurchased shares will be paid within seven days post the pricing date, and no repurchase fee will be applied. If more than five percent of shares are tendered, the Fund may repurchase an additional two percent on a pro-rata basis. Shareholders can withdraw or modify their requests before the deadline, and the Fund reserves the right to suspend the offer under certain circumstances, such as regulatory issues or trading restrictions. Tax consequences for participating in the repurchase should be reviewed with a tax advisor since tendering shares is generally treated as a taxable event.
Additional details:
Repurchase Period Start: 2025-07-01
Repurchase Period End: 2025-07-15
Nav As Of: 2025-06-30
Nav Price: 1.00
Request Deadline: 2025-07-15T16:00:00Z
Repurchase Proceeds Payment Period: 7 days
Maximum Shares Repurchase Percentage: 5
Additional Shares Repurchase Percentage: 2
Shareholder Contact Email: [email protected]
Shareholder Contact Phone: 888-526-1997
Form Type: N-23C3A
Filing Date: 2025-06-02
Corporate Action: Tender-offer
Type: New
Accession Number: 000158064225003383
Filing Summary: Arca U.S. Treasury Fund has announced a monthly repurchase offer allowing shareholders to sell shares of the Fund, commencing on June 2, 2025, and concluding on June 13, 2025. The repurchase offer aims to provide liquidity to shareholders, as the shares are not traded on any organized market. Shareholders may repurchase up to 5% of the shares at the net asset value (NAV), which was $1.01 per share as of May 30, 2025. The NAV will be recalculated on the repurchase pricing date, June 13, 2025. Shareholders must submit repurchase requests in proper form by the deadline to ensure participation, and there is a provision for a pro rata repurchase if more than 5% is requested. Withdrawal or modification of tenders is allowed prior to the deadline. Suspending or postponing the repurchase offer requires a majority decision from the Board. Tax consequences and requirements for the repurchase process, including proper procedures to transfer ArCoin to the Fund, are outlined.
Additional details:
Repurchase Offer Period Start: 2025-06-02
Repurchase Offer Period End: 2025-06-13
Nav As Of Date: 2025-05-30
Nav Value: 1.01
Repurchase Request Deadline: 2025-06-13 16:00:00
Repurchase Pricing Date: 2025-06-13
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