Veridien Climate Action ETF (CLIA) to Close
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 05 2024
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Source: Globenewswire
Liquidation of Veridien Climate Action ETF: The Board of Trustees of Tidal Trust II has decided to liquidate and close the Veridien Climate Action ETF, effective August 16, 2024, following a recommendation from its adviser, Tidal Investments LLC. Shareholders can sell their holdings before this date, but after that, they may face restrictions until the final liquidation on August 20, 2024.
Tax Implications for Shareholders: Upon liquidation, shareholders will receive cash distributions which may be taxable events resulting in capital gains or losses. It is advised that shareholders consult with tax advisers regarding the implications of these transactions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
