Tidal Financial Group Announces NAV Correction for China AI Tigers LLM ETF
Globe Newswire•29/10/2026•17:23 ET
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Key Highlights
- ➤TGRZ NAV revised to $10.72 per share for October 23, 2026
- ➤Duplicate swap reset understated NAV by $0.1384 per share
- ➤NAV error exceeded 0.5% and was corrected October 26, 2026
- ➤No orders occurred and the Fund recorded no resulting gain or loss
NEW YORK, Oct. 29, 2026 (GLOBE NEWSWIRE) -- Tidal Investments LLC, a Tidal Financial Group company (“Tidal”) and investment adviser to the China AI Tigers LLM ETF (Nasdaq: TGRZ) (the “Fund”), today announced a correction to the Fund’s net asset value (“NAV”) as of Friday, October 23, 2026.
A duplicate total return swap reset was recorded in the Fund’s accounting system, understating the Fund’s NAV by $0.1384 per share, an error greater than 0.5% of NAV. The error was corrected on Monday, October 26, 2026, and the Fund’s NAV was revised for October 23, 2026, to $10.72 per share. There were no orders and no resulting gain or loss to the Fund.
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