Press release

ProcureAM’s Space ETF (NYSE Arca: UFO) Takes Off

Sponsored by Businesswire

Exchange-traded product (ETP) issuer ProcureAM,
a wholly owned subsidiary of Procure
Holdings, LLC
, is boldly going where no one has gone before with the
launch of the Procure
Space ETF (NYSE Arca: UFO)
– the world’s first global ETF to give
investors pure-play access to the expanding space industry.

UFO tracks (before fees and expenses) the S-Network
Space Index
, which focuses on companies that are significantly
engaged in space-related activities. Index constituents span multiple
industries, including satellite-based consumer products and services,
rocket and satellite manufacturing, space technology hardware, and
space-based imagery and intelligence services. Approximately 80 percent
of companies in the index derive the majority of revenues directly from
their involvement in the space industry, enabling investors to
potentially capture this growing segment of the global economy.

UFO is the first product launched by ProcureAM, a new ETP issuer
founded by innovative ETF entrepreneur Andrew Chanin and ETF industry
luminary and veteran Robert “Bob” Tull, who has helped build and launch
over 400 ETFs.

“I am honored to bring UFO to market alongside Bob, a trusted
mentor with one of the most respected names in the ETF industry,” said
Chanin, co-founder and CEO of ProcureAM. “Whether we realize it or not,
the space industry touches virtually every aspect of our daily lives –
from weather forecasts to GPS systems. The industry is already valued at
$384 billion, and estimates project that number to eclipse $1.1 trillion
by 2040. Through UFO, investors can now potentially capitalize on
this increasingly significant and transformational industry.”

UFO’s underlying index, the S-Network Space Index, was developed
by experienced space industry analyst Micah Walter-Range, former
director of research and analysis for the non-profit Space Foundation.
The index is carefully constructed using a defined rules-based
methodology overseen by an impartial Index Committee.

“The exploration of space and the utilization of space assets has become
a worldwide effort as a growing number of corporate participants look to
meet the future needs of a proliferating global population,” said Tull,
co-founder and president of ProcureAM. “We firmly believe the next era
of space exploration is upon us, and we believe we are uniquely
positioned to help investors access this space like never before.”

UFO comes at an expense ratio of 0.75 percent and trades on the
New York Stock Exchange Arca. For additional information, please visit

About ProcureAM

ProcureAM, LLC (ProcureAM) is an innovative exchange-traded product
(ETP) issuer based in Levittown, PA. Established by renowned industry
veterans Robert Tull and Andrew Chanin, ProcureAM offers a unique
platform for the creation of both proprietary and partnered ETPs.
ProcureAM listens to clients and endeavors to provide investors with
access to distinct investment opportunities. Whether you are looking to
invest in ETPs or create one, contact ProcureAM to explore your
performance potential:

The S-Network Space Index is designed to serve as fair, impartial,
rules-based and transparent measures of the performance of global space
industry equities. It is not possible to invest directly in an index.

Please consider the Funds investment objectives, risks, and charges
and expenses carefully before you invest. This and other important
information is contained in the Fund’s summary prospectus and
prospectus, which can be obtained by visiting
Read carefully before you invest.

Investing involves risk. Principal loss is possible. The Fund is also
subject to the following risks: Shares of any ETF are bought and sold at
market price (not NAV), may trade at a discount or premium to NAV and
are not individually redeemed from the funds. Brokerage commissions will
reduce returns. Aerospace and defense companies can be significantly
affected by government aerospace and defense regulation and spending
policies. The exploration of space by private industry and the
harvesting of space assets is a business based in future and is
witnessing new entrants into the market. Investments in the Fund will be
riskier than traditional investments in established industry sectors.
The Fund is considered to be concentrated in securities of companies
that operate or utilize satellites which are subject to manufacturing
delays, launch delays or failures, and operational and environmental
risks that could limit their ability to utilize the satellites needed to
deliver services to customers. Investing in foreign securities are
volatile, harder to price, and less liquid than U.S. securities.
Securities of small- and mid-capitalization companies may experience
much more price volatility, greater spreads between their bid and ask
prices and significantly lower trading volumes than securities issued by
large, more established companies. The Fund is not actively managed so
it would not take defensive positions in declining markets unless such
positions are reflected in the underlying index. Please refer to the
summary prospectus for a more detailed explanation of the Funds’
principal risks. It is not possible to invest in an index.

Distributed by Quasar Distributors LLC.