Tidal Financial Group and Unity Wealth Partners Announce Closure of Unity Wealth Partners Dynamic Capital Appreciation & Options ETF

Unity Wealth Partners and Tidal Financial Group announced the closure of the Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (Nasdaq: DCAP) due to the best interest of the fund and its shareholders. The fund will cease trading on June 13, 2025, and liquidate its holdings between June 13 and June 20, 2025. Shareholders will receive a final distribution of remaining net assets on June 20, 2025, which will be taxed as a capital gain or loss.

Title: Unity Wealth Partners and Tidal Financial Group Announce Closure of Unity Wealth Partners Dynamic Capital Appreciation & Options ETF

MILWAUKEE, May 30, 2025 (GLOBE NEWSWIRE) — Tidal Financial Group and Unity Wealth Partners have announced the upcoming closure and liquidation of the Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (Nasdaq: DCAP). The decision to close the fund is in the best interest of the fund and its shareholders, as determined by the Board of Trustees of Tidal Trust III.

The fund will cease trading on the Nasdaq at the close of regular trading on June 13, 2025, and will no longer accept creation orders as of that date. Shareholders are advised to sell their holdings 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.

Between June 13, 2025, and June 20, 2025, the fund will begin liquidating its holdings and increasing its cash position in preparation for the final distribution. During this period, the fund’s portfolio may depart from its stated investment strategy and objective.

On or around June 20, 2025, the fund 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 are encouraged to 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 aims 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, 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 [Tidal Financial Group](https://www.tidalfinancialgroup.com/).

References

[1] https://www.tradingview.com/news/reuters.com,2025-05-30:newsml_GNX86dPW5:0-unity-wealth-partners-and-tidal-financial-group-announce-the-closure-of-the-unity-wealth-partners-dynamic-capital-appreciation-options-etf-nasdaq-dcap/
[2] https://www.globenewswire.com/news-release/2025/05/30/3091332/0/en/Unity-Wealth-Partners-and-Tidal-Financial-Group-Announce-the-Closure-of-the-Unity-Wealth-Partners-Dynamic-Capital-Appreciation-Options-ETF-Nasdaq-DCAP.html