Approval of FIS Bright Portfolios Focused Equity ETF Reorganization
you are currently viewing:Approval of FIS Bright Portfolios Focused Equity ETF ReorganizationFebruary 19, 2026--FIS Bright Portfolios Focused Equity ETF (NYSE: BRIF) ("BRIF" or the "Fund") reconvened a special meeting of shareholders earlier today (the "Special Meeting"). At the Special Meeting, the Fund's shareholders were asked to approve an Agreement and Plan of Reorganization pursuant to which BRIF will be reorganized into FIS Trust, as approved by BRIF's Board of Trustees. The BRIF shareholders approved the reorganization of BRIF into FIS Trust, as approved by BRIF's Board of Trustees. It is currently expected that the reorganization will be completed on or about February 23 2026, subject to the satisfaction of customary closing conditions. The reorganization, if completed, would occur based on the relative net asset values of the Fund's shares at the time of the reorganization. Source: Faith Investor Services, LLC |
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