Regents Park Funds and Anfield Capital Management have announced plans to liquidate the Regents Park Hedged Market Strategy ETF (RPHS) after withdrawing a previously proposed reorganization. The ETF’s final trading day on Cboe BZX is scheduled for July 10, 2026, with liquidation expected around July 17, 2026. As the fund winds down, it may depart from its stated investment strategy and objective. Shareholders who continue to hold shares through the liquidation date will receive a cash distribution reflecting their share of the fund’s net assets, subject to applicable taxes and expenses.