Simplify to Close Five ETFs, With Final Trading Set for October 30

Simplify’s board has approved the liquidation of five ETFs following a recommendation from Simplify Asset Management: the Simplify Tax Aware Diversified Income Strategy ETF (DINE), Simplify Tax Aware Alternatives ETF (LQ), Simplify NEXT Intangible Core Index ETF (NXTI), Simplify VettaFi Private Credit Strategy ETF (PCR) and Simplify Volt TSLA Revolution ETF (TESL). Their final trading day will be October 30, 2026, and creation orders will no longer be accepted after the close of business that day. Shareholders who retain their shares will receive cash equal to their holdings’ net asset value in their brokerage accounts on or about November 6, 2026. The final NAV will reflect certain closing costs, including brokerage commissions, that are not borne by the adviser, although these are not expected to be material. The funds will terminate once distributions are complete.