Unity Wealth Partners and Tidal Financial Group Announce the Closure of the Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (Nasdaq: DCAP)
MILWAUKEE, May 30, 2025 (GLOBE NEWSWIRE) -- Tidal Financial Group and Unity Wealth Partners today announced the upcoming closure and liquidation of the Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (Nasdaq: DCAP). The Board of Trustees of Tidal Trust III has determined that closing and liquidating the fund is in the best interest of the fund and its shareholders.
The Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (the fund) will cease trading on the Nasdaq at the close of regular trading on June 13, 2025 (the 'Closing Date'), and will no longer accept creation orders as of that date.
Shareholders may sell their holdings in the fund prior to the Closing Date through standard brokerage transactions, which may be subject to customary brokerage fees. After June 13, 2025, shareholders will be unable to buy or sell shares on an exchange and may only redeem shares through select broker-dealers. There is no assurance that there will be an active market for the fund during the period between the Closing Date and Liquidation.
Between June 13, 2025 and June 20, 2025 (the 'Liquidation Date'), DCAP will begin liquidating its holdings and increasing its cash position in preparation for final distribution. During this period, the fund's portfolio will depart from its stated investment strategy and objective.
On or around June 20, 2025, DCAP will distribute its remaining net assets to shareholders of record who have not sold their shares prior to liquidation. This final distribution will be made in cash on a pro rata basis and will generally be treated as a taxable event. Shareholders should consult their tax advisers to understand the potential implications related to capital gains, losses, or dividends arising from the liquidation.
After the distribution of net assets is complete, the fund will be officially terminated.
About Tidal Financial Group
Formed by ETF industry pioneers and thought leaders, Tidal Investments LLC sets out to revolutionize the way ETFs have historically been developed, launched, marketed, and sold. With a focus on growing AUM, Tidal offers a comprehensive suite of services, proprietary tools, and methodologies designed to bring lasting ideas to market. Tidal is an advocate for ETF innovation. The firm is on a mission to provide issuers with the intelligence and tools needed to efficiently and to effectively launch ETFs and to optimize growth potential in a highly competitive space. For more information, visit https://www.tidalfinancialgroup.com/.
CONTACT: Contact Gavin Filmore at gfilmore@tidalfg.com for more information.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Associated Press
11 minutes ago
- Associated Press
24/7 Market News Highlights Core Gaming Expansion of AI Innovation in Gaming and Mobile Applications
Interested Parties are Invited to Sign up for This Morning's Core Gaming CEO Presentation Denver, Colorado--(Newsfile Corp. - June 4, 2025) - a pioneer in digital media dedicated to the swift distribution of financial market news and information, spotlights the growing momentum behind Core Gaming, which has a $160 million reverse merger nearing completion in the second quarter of 2025 with Siyata Mobile (NASDAQ: SYTA). Please click here for Core Gaming Merger Notes and Analysis, or insights from the ValueScope Report. As Core Gaming continues to aggressively expand its AI toolset and user reach, its strategic focus on AI-powered solutions, ranging from mobile productivity tools to real-time game asset creation, is cementing its role as a transformative force in the AI-driven mobile and gaming industries. AI Beyond Gaming: Partnership with Guangzhou WeiXuan Fuels Scalable App Innovation In its latest milestone, Core Gaming announced a strategic partnership with Guangzhou WeiXuan, a leading mobile development studio known for globally successful apps like PulsePro, SuperCleaner, and Phone AIMaster. The collaboration is designed to co-develop a new generation of AI-enhanced mobile tools that go far beyond gaming-delivering practical, everyday functionality with real-world utility. [ This image cannot be displayed. Please visit the source: ] Core Gaming 'Partnering with a forward-thinking studio like Guangzhou WeiXuan enables us to develop AI-powered mobile tools that leverage generative AI and are smarter, faster and more attuned to the demands of everyday users,' said Aitan Zacharin, CEO of Core Gaming. This partnership has a shared goal of delivering scalable, high-impact applications that meet the rising demand for intelligent tools across both iOS and Android ecosystems. AI COMIC: Revolutionizing Visual Content Creation and Game Development Core Gaming's flagship application, AI COMIC, continues to gain impressive traction. The platform transforms single photos or short video clips into fully stylized motion visuals, anime sequences, and photorealistic content in minutes, giving everyday users and professionals alike access to studio-grade creative capabilities. Features include: Backed by Core Gaming's proprietary Compute Pool System, the platform supports real-time, scalable AI workloads with cost-effective performance, underpinned by cloud orchestration, multimodal generative models, and GPU-optimized backend infrastructure. 'With AI COMIC, we have developed a platform that puts studio-grade production capabilities into the hands of everyday users,' said Zacharin. 'AI COMIC empowers creators, whether they are gamers, artists or marketers, with AI tools that are not only powerful but also accessible. What once took weeks of planning, design and collaboration can now be accomplished in minutes, freeing creators to focus on their vision and storytelling. AI COMIC rapidly accelerates development, but importantly, it unlocks new forms of expression, removes friction and enables a broader, more diverse creative community to bring their ideas to life delivering results that rival professional studios.' AI-Enhanced Game Monetization and Predictive Intelligence Beyond creative content, Core Gaming is leveraging AI to reimagine monetization and engagement. Its AI-enhanced LiveOps platform delivers adaptive experiences by tailoring offers, updates, and in-game content to individual player behavior. Using behavioral prediction algorithms, Core Gaming's AI can anticipate which games users will engage with next, unlocking new levels of engagement and retention. As McKinsey & Company noted, companies that combine agile LiveOps, precision AI monetization, and robust marketing strategies can scale from mid-tier developers to category leaders. Core Gaming is positioning itself to be one of those breakouts. CEO to Further Elaborate during Today's AI Virtual Tech Conference Zacharin is presenting this morning at the '2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow', at 10:00 a.m. EDT. Other presenters during the three-day event include 'other technology innovators.' Interested parties are invited to watch the event online by signing up for the conference, which 'will explore how emerging growth companies are expanding their use of Quantum Computing and Artificial Intelligence (AI) to position themselves for the future.' Please click here for Core Gaming Merger Notes and Analysis, or insights from the ValueScope Report. About Core Gaming Core Gaming is a leading developer and publisher of mobile games, known for its innovative approach to game design and user engagement. As a subsidiary of Siyata Mobile, Core Gaming is committed to delivering high-quality gaming experiences to players worldwide. For more information on Core Gaming's latest developments and offerings, visit Stay Tuned: To ensure users don't miss future announcements, 24/7 Market News encourages users to sign up for additional information. For Investor Relation inquiries or to sign up for updates, please click here. Contact [email protected] for Analyst Report coverage and other investor/public relations services. For additional Siyata disclosure About Siyata Mobile [ This image cannot be displayed. Please visit the source: ] Siyata Mobile (NASDAQ: SYTA) Siyata Mobile Inc. is a leading global developer and provider of cellular communications solutions for enterprise customers, including first responders, transportation, logistics, and more. Siyata's mission is to enable effective communication in critical moments through innovative technology. About 24/7 Market News 24/7 Market News is a leading market news platform for public companies. As a pioneer in digital media, 24/7 Market News is dedicated to the swift distribution of financial market news and information. 24/7 Market News takes great pride in creating innovative public relations campaigns that help clients reach the target audience. 24/7 MARKET NEWS, INC Disclaimer Please go to 24/7 Market News disclosure or for disclaimer information. 24/7MN Will receive $2500 from a third party for covering Siyata this week and providing other services. CONTACT: 24/7 Market News [email protected] Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential' or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company's ability to continue as a going concern, the popularity and/or competitive success of the Company's acquired football and other sports teams, the Company's ability to attract players and staff for acquired clubs, unsuccessful acquisitions or other strategic transactions, the possibility of a decline in the popularity of football or other sports, the Company's ability to expand its fanbase, sponsors and commercial partners, general economic conditions, and other risk factors detailed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law. To view the source version of this press release, please visit
Yahoo
20 minutes ago
- Yahoo
CF BANKSHARES INC., PARENT OF CFBANK, NA, PROVIDES INFORMATIONAL SLIDES IN CONJUNCTION WITH ITS 2025 ANNUAL MEETING
COLUMBUS, Ohio, June 4, 2025 /PRNewswire/ -- In conjunction with its 2025 Annual Meeting, CF Bankshares Inc. (NASDAQ: CFBK) (the "Company"), the parent of CFBank, NA, has provided slides with information regarding the Company's historical growth rates and key initiatives. The slides can be viewed by clicking "View PDF" below. About CF Bankshares Inc. and CFBank CF Bankshares Inc. (the "Company") is a holding company that owns 100% of the stock of CFBank, National Association ("CFBank"). CFBank is a nationally chartered boutique Commercial bank operating primarily in Five (5) Major Metro Markets: Columbus, Cleveland, Cincinnati, and Akron Ohio, and Indianapolis, Indiana. The current Leadership Team and Board recapitalized the Company and CFBank in 2012 during the financial crisis, repositioning CFBank as a full-service Commercial Bank model. Since the 2012 recapitalization, CFBank has achieved a CAGR in excess of 20%. CFBank focuses on serving the financial needs of closely held businesses and entrepreneurs, by providing a comprehensive Commercial, Retail, and Mortgage Lending services presence. In all regional markets, CFBank provides commercial loans and equipment leases, commercial and residential real estate loans and treasury management depository services, residential mortgage lending, and full-service commercial and retail banking services and products. CFBank is differentiated by our penchant for individualized service coupled with direct customer access to decision-makers, and ease of doing business. CFBank matches the sophistication of much larger banks, without the bureaucracy. Additional information about the Company and CFBank is available at View original content to download multimedia: SOURCE CF Bankshares Inc.
Business Insider
23 minutes ago
- Business Insider
The US gained 562,000 millionaires last year as the stock market soared
The US added 562,000 new millionaires in 2024 amid a booming stock market. The S&P 500 and Nasdaq soared, with Nvidia alone driving 22% of the S&P's gains. Generational wealth transfer looms as Gen X, millennials, and Gen Z are set to inherit trillions. The number of high-net-worth individuals (HNWIs) in the US rose by 7.6% last year, equivalent to about 562,000 people, while their collective wealth increased by 9.1%. That growth made the US the single largest contributor to global millionaire expansion, as the country's stock market surged and economic growth exceeded expectations. "Even in an environment of low interest rates, geopolitical tensions, and trade policy uncertainty, the wealth management sector will continue to grow in the mid- and long-term," Nic Dreckmann, COO of Swiss private bank Julius Baer, said in the report. "To succeed, wealth managers must focus on their clients and efficiency with an eye on long-term growth while leveraging digital transformation and innovative products to enhance the client experience." In 2024, the S&P 500 climbed more than 23%, while the Nasdaq jumped nearly 29%, buoyed by strong earnings and investor excitement around artificial intelligence. Nvidia alone rose by 171% and accounted for 22% of the S&P 500's gains, underscoring the dominance of a few mega-cap tech names often referred to as the "magnificent seven." The US wasn't alone in benefiting from the market upswing, but it led the pack. Globally, HNWI wealth grew by 4.2%, and the total HNWI population rose by 2.6%. North America accounted for the lion's share of that, with an 8.9% rise in wealth and a 7.3% increase in population. While the growth is significant, the report flagged a major shift on the horizon: an estimated $83.5 trillion wealth transfer from baby boomers to younger generations — Gen X, millennials, and Gen Z — by 2048. "Navigating the Great Wealth Transfer requires a nuanced approach and a clear understanding of cross-generational diversity," said Virginie Delaunay, Deputy CEO of Wealth Management for Domestic Markets at BNP Paribas, France. The report said that with Gen X, millennials, and Gen Z poised to inherit the bulk of this wealth, firms must adapt quickly or risk losing relevance in a rapidly shifting wealth landscape.
