UPDATE – Tidal Financial Group and CNIC Funds Announces the Closure of the CNIC ICE U.S. Carbon Neutral Power Futures Index ETF (NYSE: AMPD)

MILWAUKEE, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Tidal Financial Group and CNIC Funds today announced the planned closure and liquidation of the CNIC ICE U.S. Carbon Neutral Power Futures Index ETF (NYSE: AMPD). The Board of Trustees of Tidal Trust II concluded that liquidating and closing the Fund would be in the best interest of the Fund and its shareholders.
The ETF will cease trading on the New York Stock Exchange (NYSE) at the close of regular trading on February 21, 2025 [Closing Date], and it will no longer accept purchase 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 the Closing Date, shareholders will be unable to buy or sell shares on an exchange and may only redeem shares through select broker-dealers, with no assurance of an active market during this period.
Between February 21, 2025 and February 25, 2025 [Liquidation Date], AMPD will begin liquidating its holdings, increasing its cash position in preparation for final distribution. As a result, the fund's investment holdings will deviate from its stated investment objectives.
On or around the Liquidation Date, AMPD will distribute its remaining net assets to shareholders of record who have not otherwise sold their shares prior to liquidation. This distribution will be made in cash on a pro rata basis and will generally be treated as a taxable event. Shareholders are encouraged to consult their tax advisers regarding potential implications related to capital gains, losses, or dividends associated with the liquidation.
Following these distributions, the fund will officially terminate.
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 Gavin Filmore at gfilmore@tidalfg.com for more information.Sign in to access your portfolio

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Yahoo

10 minutes ago

• Yahoo

TEGNA Appoints Three New Vice Presidents of Content

TEGNA veterans Carol Fowler and Julie Wolfe and former Univision executive Chris Peña join the company's content leadership team Carol Fowler Julie Wolfe Chris Peña TYSONS, Va., June 23, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc. (NYSE: TGNA) today announced the appointment of Carol Fowler, Julie Wolfe and Chris Peña as vice presidents of content, effective June 30. These strategic appointments, which are part of TEGNA's commitment to invest in content as the company continues to build a sustainable future for local news, follow the company's recent announcement that its stations will be adding more than 100 hours of new daily streaming programming across 51 markets. In these new roles, each of the three leaders will oversee local stations in a dedicated geographic region, focusing on the quality, depth, and relevance of coverage, and emphasizing the local impact and the daily practical value of the information. Each will also oversee a content priority, such as weather coverage, big stories and events, morning news strategy, sales and sponsorships, storytelling, and investigative and solutions-based journalism. Working closely with general managers, news directors, and the newsroom staff who will maintain editorial leadership at TEGNA's local stations, the new leaders will strengthen storytelling and coverage capabilities. These new leaders will be well positioned to help identify trends and when appropriate, foster cross-station collaboration that enables journalists to produce more in-depth stories from local perspectives. 'Carol, Julie and Chris each bring deep experience building innovative newsrooms and understand the importance of strong local journalism,' said Adrienne Roark, chief content officer at TEGNA. 'They're passionate about developing talent and creating engaging content that serves viewer needs across platforms. Their leadership will be instrumental in further strengthening TEGNA's award winning content.' Longtime TEGNA newsroom leader Carol Fowler will oversee content strategy across the company's stations in the Mid-South, including St. Louis, Knoxville, Memphis, Louisville, Fort Smith, Little Rock and New Orleans. A nationally recognized digital content strategist with more than 30 years of experience, Fowler currently leads content strategy at WXIA, TEGNA's NBC affiliate in Atlanta. She also led the newsroom at TEGNA's NBC affiliate in St. Louis, where her team won 23 regional RTDNA Edward R. Murrow Awards. Throughout her career, Fowler has driven digital innovation across major media organizations including the Chicago Sun-Times, FOX and CBS owned-and-operated stations in Chicago, as well as WGN. She founded KloboMedia in 2014, pioneering the development of social media analytics software. The Mississippi native and University of Missouri-Columbia graduate taught media innovation at Northwestern's Medill School of Journalism. Julie Wolfe will oversee content strategy for TEGNA stations in the West, including Phoenix, Sacramento, San Diego, Seattle, Portland, Spokane, Boise and Denver. Wolfe currently serves as news director at KING, TEGNA's NBC affiliate in Seattle, where she has driven digital innovation and cross-platform storytelling for the station since 2021. This year, under her leadership, KING took home 11 Regional Edward R. Murrow Awards, including overall excellence. Previously, she served as news director for WHAS, TEGNA's ABC affiliate in Louisville, where she helped transform key shows, earning multiple Emmy and regional Edward R. Murrow Awards. A University of Georgia graduate, Wolfe also spent over a decade at WXIA, TEGNA's Atlanta station, progressing from multimedia journalist to assistant news director. She remains active in industry leadership, chairing RTDNA's Finance Committee and serves on multiple professional boards. Chris Peña will oversee content strategy for TEGNA's Midwest region, managing operations in Cleveland, Toledo, Columbus, Grand Rapids, Indianapolis, Des Moines, Davenport and Minneapolis. Peña currently serves as director of broadcast transformation at Blue Engine, a firm that provides coaching and consulting to media firms to foster audience growth, revenue diversification, and digital transformation. Previously, Peña was senior vice president of news at Univision Local Media, where he led multi-platform content strategy and branding across 19 television stations. Throughout his career, Peña has led all weekend live programming, including the 24-hour breaking news team for MSNBC, and notably launched NBC Latino, an innovative digital platform delivering English-language Hispanic news. Peña serves on the Consulting Council of the Consortium on Trust in Media and Technology at the University of Florida and the Journalism Council of the News Literacy Project. He holds a Bachelor of Arts degree in Radio and Television from the University of Houston and is a graduate of Columbia University's Sulzberger Executive Leadership Program in Media. About TEGNATEGNA Inc. (NYSE: TGNA) helps people thrive in their local communities by providing the trusted local news and services that matter most. With 64 television stations in 51 U.S. markets, TEGNA reaches more than 100 million people monthly across the web, mobile apps, connected TVs, and linear television. Together, we are building a sustainable future for local news. For more information, visit For media inquiries, contact:Molly McMahonSenior Director, Corporate Communications 703-873-6422mmcmahon@ For investor inquiries, contact:Julie HeskettSenior Vice President, Chief Financial Officer703-873-6747investorrelations@ Photos accompanying this announcement are available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Business Wire

15 minutes ago

• Business Wire

Ameriprise Financial Donates More Than $3.5 Million to Nonprofits and Key Philanthropic Partners, Supporting Its Local Communities

MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced it has donated nearly $2 million to more than 85 nonprofits across the U.S. as part of its first-round of 2025 grants. The firm also provided an additional $1.58 million in matching donations made by its employees and advisors since the start of the year. Ameriprise is committed to supporting the communities where its people live and work by making grants primarily in its largest employee centers. The grants focus on the firm's three key giving priorities: meeting basic needs, supporting vibrant communities, and amplifying the impact of the firm's volunteers. The firm also supports its people through global gift matching to eligible 501(c)(3) nonprofits to double the impact of their donations to causes that matter most to them. 'For nearly two decades as a public company, our focus on meeting basic needs – guided by our values and rooted in respect for individuals and our communities – has never wavered,' said Jennifer Jones, head of Community Relations at Ameriprise. 'Nonprofits across the U.S. are navigating a complex and rapidly evolving landscape and rising demand. Ameriprise remains committed to consistently supporting our communities and long-standing philanthropic partnerships through grants and ongoing opportunities for giving and volunteering.' National Philanthropic Partners Along with support of local nonprofits, Ameriprise remains committed to its longstanding national philanthropic partners Feeding America © in support of hunger relief and American Red Cross for disaster relief and recovery. Along with monetary donations, Ameriprise organizes several volunteer events each year to support their national philanthropic partners. For example, in response to critically low blood donation levels, Ameriprise coordinated in-person and virtual blood drives across the nation in partnership with the American Red Cross with a set goal of donating 500 units of blood this year. About Ameriprise Financial Community Relations Ameriprise Financial is dedicated to utilizing the firm's resources and talents to improve the lives of individuals and build strong communities. Through grants, volunteerism and employee and advisor gift matching programs, the company supports more than 7,500 nonprofits globally. The company also has a longstanding commitment to volunteerism. Each year, the firm's employees are eligible for the eight hours of paid time off to volunteer. In 2024, Ameriprise volunteers collectively contributed more than 50,000 hours to nonprofits in communities across the country. About Ameriprise Financial At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 130 years 1. With extensive investment advice, global asset management capabilities and insurance solutions, and a nationwide network of more than 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors' financial needs. © 2025 Ameriprise Financial, Inc. All rights reserved.

Yahoo

16 minutes ago

• Yahoo

UBS Ups Price Target on Yum China (YUMC) to $59, Sees Room for Aggressive Expansion

UBS raised its price target on Yum China Holdings (NYSE: YUMC) from $57.26 to $59.00 a few days earlier, while maintaining its Buy rating on the stock. The upward revision implies increasing confidence in Yum China's long-term expansion prospects, particularly through an increasingly franchise-driven model. According to the firm's analysis, supported by UBS Evidence Lab data tracking restaurant locations across China, Yum China Holdings (NYSE: YUMC) is positioned to exceed its current goal of 20,000 stores by 2026. UBS now sees the company potentially reaching 30,000 locations by 2030. A chef holding up a newly created dish, showcasing the creativity of the restaurant's menu offerings. A key component of this expansion is the shift toward franchising. UBS projects that by 2030, franchise stores will make up approximately 30% of the company's total, a sharp rise from 2024 levels. This transition is expected to unlock considerable capital efficiency benefits, which UBS believes are not fully reflected in current market expectations. The firm also forecasts that this expansion model will support compound annual cash flow growth of 12% from 2026 through 2030. Such performance, in UBS's view, should enable Yum China to deliver consistently strong shareholder returns over the latter half of the decade -- a key factor behind the decision to reaffirm the Buy rating. Previously we shared . While we acknowledge the potential of YUMC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤