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Defiance ETFs has announced the immediate closure and liquidation of the Defiance Nasdaq Junior Biotechnology ETF (IBBJ), effective after the close of business on December 3, 2021. The decision follows a review of the Fund's growth prospects. The last trading day for the Fund will be December 2, 2021, with automatic cash redemptions for unsold shares post-liquidation. Shareholders are advised to consult tax advisors regarding potential income tax implications.
