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Simplify Tail Risk Strategy ETF - $CYA STOCK NEWS

Welcome to our dedicated page for Simplify Tail Risk Strategy ETF news (Ticker: $CYA), a resource for investors and traders seeking the latest updates and insights on Simplify Tail Risk Strategy ETF stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Simplify Tail Risk Strategy ETF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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News
Rhea-AI Summary
Simplify Exchange Traded Funds to liquidate the Simplify Tail Risk Strategy ETF following the recommendation by Simplify Asset Management Inc. The liquidation payment to shareholders is expected soon.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Simplify Asset Management Inc. has announced a reverse split of the issued and outstanding shares of the Simplify Tail Risk Strategy ETF. The reverse split will result in a 95% decrease in the total number of issued and outstanding shares of the Fund, and the per share net asset value and next day's opening market price will increase by approximately 20 times. Shareholders will see no change in the total value of their investment, except for the redemption of fractional shares. The reverse split will affect trading on the NYSE Arca, Inc. exchange on a split-adjusted basis on Monday February 12, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.18%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
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Simplify Tail Risk Strategy ETF

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