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SDRMU - SDRMU STOCK NEWS

Welcome to our dedicated page for SDRMU news (Ticker: SDRMU), a resource for investors and traders seeking the latest updates and insights on SDRMU stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SDRMU's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SDRMU's position in the market.

Rhea-AI Summary

SANDRIDGE MISSISSIPPIAN TRUST II (OTC: SDRMU) announced the cessation of distributions to unitholders as its funds, totaling $1,230,013, have been depleted due to final expenses related to the Trust's winding up. The units will be delisted and canceled, with the winding up process expected to conclude by December 31, 2021. The Trust held royalty interests in oil and natural gas properties across several counties in Oklahoma and Kansas, entitled to proceeds from production sales.

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