SoFi Announces Reverse Stock Split for SoFi Select 500 ETF (SFY)

NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) -- The Board of Trustees of Tidal ETF Trust (the “Trust”) has approved a reverse stock split of the issued and outstanding shares of the SoFi Select 500 ETF (NYSE Arca: SFY) (the “Fund”). The reverse split will take effect after the close of trading on the NYSE Arca, Inc. (the “Exchange”) on October 1, 2024. Following the reverse stock split, every five shares of the Fund will be consolidated into one share, effectively decreasing the total number of iss