Anfield Capital Management has announced the liquidation of the Anfield Enhanced Market ETF (AEMS) following the withdrawal of its previously proposed reorganization. The ETF will stop trading on Cboe BZX after July 10, 2026, with liquidation expected around July 17, 2026. Prior to liquidation, the fund may deviate from its investment strategy and objective as it winds down operations. Shareholders who do not sell their shares before trading ceases will receive a cash liquidating distribution based on the fund’s net assets, with potential tax consequences depending on their circumstances.