Langar to Liquidate Global HealthTech ETF, Delist by Nov. 2
Los Angeles – September 30, 2026 -- Langar Investment Management, LLC will liquidate and close the Langar Global HealthTech ETF (Ticker: LGHT), a series of the Spinnaker ETF Series, after the Trust's Board of Trustees approved a Plan of Liquidation and Termination.
Board cites asset size and demand outlook in liquidation decision
The Adviser recommended the closure after evaluating the Fund's current asset size, historical growth, and ongoing outlook for investor demand, concluding that liquidation serves the best interests of the Fund and its shareholders.
Creation units halt October 28, trading ends October 30
Effective post-close on October 28, 2026, the Fund will stop accepting orders for new creation units from Authorized Participants. October 30, 2026 marks the final day of public trading on the Cboe BZX Exchange, with shares halted prior to market open on November 2, 2026 and subsequently de-listed.