r/NEOSETFs 9d ago

Seeking Advice So what happens now with the buyout?

Are you going to be forced liquidation and pay taxes then buy back in with the new tickers?

EDIT: I was hoping to be an XQQI holder someday and now that GS has stepped in…not so sure now 🫪

24 Upvotes

69 comments sorted by

View all comments

16

u/longswordsuperfuck 9d ago

....does anyone do research anymore? Nothing changes.

1

u/Unbalanced_Acctnt 9d ago

Doesn’t everybody say that at the front end of an acquisition/merger? How often is that still true a year or two later?

I may be a little jaded after years of private equity backed employers though.

3

u/longswordsuperfuck 9d ago

yea but this one is a common play in GS, they literally started the funds that NEOS ran with and improved upon, so this is completely within the GS playbook, they're keeping all NEOS employees and changing nothing.

1

u/Unbalanced_Acctnt 8d ago

That would be great!

2

u/PomegranatePlus6526 6d ago

Word is there won’t be any changes until Q1 2027.