New Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
REX Shares will implement 1-for-10 reverse stock splits for the T-REX 2X Long BMNR Daily Target ETF (BMNU) and T-REX 2X Long DJT Daily Target ETF (DJTU). The reverse splits will take effect after market close on July 10, 2026, with split-adjusted trading beginning July 13. Shareholders will receive one new share for every ten shares held, while any fractional shares will be redeemed for cash. The move is intended to raise the funds’ share prices without changing their underlying investment objectives or exposures.
At a glance
- Beat
- Fund Updates
- Issuer
- REX Shares
- Region
- United States
- Filed
- 18 June 2026
Source: SEC Filings
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