GraniteShares Advisors LLC ("GraniteShares") announces that, following market movements in Lucid Group Inc. ($LCID), the GraniteShares 2x Long LCID Daily ETF (Nasdaq:
$LCDL) (the "Fund") closed out its entire LCID position today at a loss that caused its net asset value to become negative.
As a result, GraniteShares will initiate the delisting of the Fund from NASDAQ Stock Market LLC.
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