Armada to Liquidate REAI and HAUS Real Estate ETFs in November

Armada will liquidate the Intelligent Real Estate ETF (REAI) and Residential REIT ETF (HAUS) following approval by Tidal Trust I’s board, which determined that closing both funds was in shareholders’ best interests. Both ETFs will cease trading and close to new purchases after November 9, 2026, with liquidation scheduled for November 13. Investors may sell their holdings before the trading cutoff, although brokerage fees may apply. Liquidity could become limited thereafter. During the wind-down, both funds will increase cash holdings and stop pursuing their stated investment strategies. Remaining shareholders will receive pro rata cash distributions upon liquidation, generally treated as taxable transactions that may generate capital gains or losses. Final net asset values will reflect liquidation costs, and both ETFs will terminate once distributions are completed.