Tidal Financial Group Announces the Closure of the FIRE Funds™ Income Target ETF (NYSE Arca: FIRI) and the FIRE Funds™ Wealth Builder ETF (NYSE Arca: FIRS)

MILWAUKEE, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Tidal Financial Group today announced the upcoming closure and liquidation of the FIRE Funds™ Income Target ETF (NYSE Arca: FIRI) and the FIRE Funds™ Wealth Builder ETF (NYSE Arca: FIRS). The Board of Trustees of Tidal Trust III has determined that closing and liquidating the funds is in the best interest of each fund and its shareholders.

The FIRE Funds™ Income Target ETF (the “FIRI Fund”) and the FIRE Funds™ Wealth Builder ETF (the “FIRS Fund”) will cease trading on the NYSE Arca at the close of regular trading on October 24, 2025 (the “Closing Date”) and will no longer accept creation orders as of that date.

Shareholders may sell their holdings in the funds prior to the Closing Date through standard brokerage transactions, which may be subject to customary brokerage fees. After October 24, 2025, shareholders will be unable to buy or sell shares on an exchange and will instead receive cash distributions as part of the liquidation process.

Between October 24, 2025 and October 30, 2025 (the “Liquidation Period”), the funds will begin liquidating their holdings and increasing their cash positions in preparation for final distribution. During this period, each fund’s portfolio will depart from its stated investment strategy and objective.

On or around October 30, 2025 (the “Liquidation Date”), the funds will distribute their 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 funds 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 and is committed to providing issuers with the intelligence and tools needed to efficiently and effectively launch ETFs and optimize growth potential in a highly competitive space.
For more information, visit https://www.tidalfinancialgroup.com.

Contact: Gavin Filmore at gfilmore@tidalfg.com.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.