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REX Shares to Close and Liquidate Two Funds

ULTI
  • The Board of Trustees of REX ETF Trust approved the closure & liquidation of the REX IncomeMax™ Option Strategy ETF (ULTI) & the Laddered T-Bill ETF (TLDR).
  • The last day of trading for both funds is expected on November 6, 2026, at the close of regular trading.
  • ULTI will cease accepting creation orders after the close of business on November 6, 2026, & its final weekly distribution will be paid on October 23, 2026.
  • ULTI will begin closing or allowing its options positions to expire starting around October 23, 2026, & transition its portfolio to cash & cash equivalents.
  • TLDR will continue to follow its investment strategies until the liquidation date, at which point its portfolio will be converted to cash.
  • The liquidation date is scheduled for on or about November 13, 2026.
  • Remaining shareholders will receive cash distributions equal to their proportionate interest in each fund's net assets.
  • Distributions of proceeds are expected within approximately 10 days after the liquidation date, on or about November 23, 2026.
  • REX Advisers, LLC will waive ULTI's management fee for the remainder of the fund's life, beginning October 23, 2026.
  • Shareholders holding shares through the liquidation date do not need to take action to receive their distributions.
  • Trading may be limited to certain broker-dealers between the creation order deadline & the closing date, with no assurance of a market existing after the closing date.