Adjournment of Special Meeting of Shareholders of FIS Bright Portfolios Focused Equity ETF Reorganization
Rhea-AI Summary
FIS Bright Portfolios Focused Equity ETF (NYSE: BRIF) adjourned its special meeting of shareholders to February 19, 2026 at 9:00 a.m. MST to allow more time for voting on an Agreement and Plan of Reorganization into FIS Trust approved by the Board. The record date for voting remains November 20, 2025. Shareholders of record and those holding shares through intermediaries can obtain credentials or a legal proxy via the fund's proxy solicitor, Mediant, and must submit participation or voting requests by 9:00 a.m. MST on February 19, 2026.
The fund urges eligible shareholders who have not yet voted to submit votes in advance and provides proxy and contact details for questions.
Positive
- Adjournment provides extra time to increase shareholder participation
- Record date remains Nov 20, 2025, preserving voter eligibility
Negative
- Reorganization vote delayed until Feb 19, 2026, postponing execution
- Shareholders holding via intermediaries must obtain a legal proxy to vote, adding administrative steps
News Market Reaction – BRIF
On the day this news was published, BRIF gained 0.46%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
If, as of November 20, 2025, you were a shareholder of the Fund and have not yet voted, the Fund urges you to submit your vote in advance of the adjourned Special Meeting by one of the methods described in the Fund's proxy materials. The Fund's proxy statement is available online www.proxydocs.com/NEOSETF.
If, as of November 20, 2025, you were a holder of record of Fund shares (i.e., you held Fund shares in your own name directly with the Fund) and wish to participate in and vote at the adjourned Special Meeting, you can contact the Fund's proxy solicitor, Mediant, at 888-332-9934. You will then be provided with credentials to participate in the adjourned Special Meeting. You will be able to vote by entering the control number found on the proxy card you previously received. All requests to participate in and/or vote at the adjourned Special Meeting must be received by Mediant by no later than 9 a.m. Mountain Standard Time on February 19, 2026.
If, as of November 20, 2025, you held BRIF shares through an intermediary (such as a broker-dealer) and wish to participate in and vote at the adjourned Special Meeting, you will need to obtain a legal proxy from your intermediary reflecting BRIF's name, the number of Fund shares you held and your name and email address. You may forward an email from your intermediary containing the legal proxy or attach an image of the legal proxy to an email and send it to Mediant at legalproxy@betanxt.com with "Legal Proxy" in the subject line. You will then be provided with credentials to participate in the adjourned Special Meeting, as well as a unique control number to vote your shares. If you would like to participate in, but NOT vote at, the adjourned Special Meeting, please contact Mediant at 888-332-9934 with proof of ownership of BRIF shares. A statement or letter from your intermediary will be sufficient proof of ownership. You will then be provided with credentials to participate in the adjourned Special Meeting. All requests to participate in and/or vote at the adjourned Special Meeting must be received by Mediant by no later than 9 a.m. Mountain Standard Time on February 19, 2026. If you hold shares of BRIF through an intermediary and plan to attend and vote at the meeting in person, you will be required to show a valid photo identification and your authority to vote your shares (referred to as a "legal proxy").
Please contact Mediant at 888-332-9934 with any questions regarding access to the adjourned Special Meeting, and a Mediant representative will contact you to answer your questions.
Additional Information about the Fund and the Reorganization
This press release is not intended to, and does not, constitute an offer to purchase or sell shares of BRIF (the "Fund"); nor is this press release intended to solicit a proxy from any shareholder of the Fund. The solicitation of the purchase or sale of securities or proxies to effect the reorganization described herein will only be made by the final, effective registration statement, which includes the definitive proxy statement/prospectus declared effective by the
The Fund and its trustees and officers, Faith Investor Services LLC and its officers and employees, and other persons may be deemed to be participants in the solicitation of proxies with respect to the reorganization described herein. Fund shareholders and other investors may obtain more detailed information regarding the direct and indirect interests of a Fund's trustees and officers, Faith Investor Services LLC and its officers and employees, and other persons by reading the proxy statement/prospectus relating to the reorganization.
Fund shareholders are urged to read the proxy statement/prospectus and any other relevant documents because they contain important information about the proposed reorganization. Copies of the proxy statement/prospectus are available on the SEC's website at www.sec.gov.
The Fund's shares are subject to investment risk, including possible loss of principal invested. No fund is a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Additional information about the Fund, including performance and portfolio characteristic information, is available at www.faithinvestorservices.com.
Statements in this press release that are not historical facts are forward-looking statements as defined by
ABOUT FAITH INVESTOR SERVICES LLC
Faith Investor Services LLC, located in
Investors should carefully consider the investment objectives, risks, charges, and expenses of exchange traded funds (ETFs) before investing. To obtain the Fund's prospectus containing this and other important information, please call (833) 833-1311, or visit www.faithinvestorservices.com. Please read the prospectus carefully before you invest.
Investor Contact: info@fisetfs.com
Fund shares are distributed by Foreside Fund Services, LLC.
Media Contact: Steven Nelson, CFA, snelson@faithinvestorservices.com, 4807800104
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SOURCE Faith Investor Services, LLC
FAQ
When was the BRIF special meeting of shareholders adjourned to?
What is the record date for shareholders eligible to vote on the BRIF reorganization (NYSE: BRIF)?
How can a BRIF shareholder of record obtain credentials to participate in the adjourned meeting?
How can BRIF shareholders who hold shares through a broker vote at the adjourned meeting?
What deadline must Mediant receive requests to participate or vote at the BRIF adjourned meeting?
Where can investors find the BRIF proxy statement and more information about the proposed reorganization?
