Item 8.01. Other Events.

On December 22, 2022, Hennessy Advisors, Inc. completed the acquisition (the "Acquisition") of certain assets related to the management of the Stance Equity ESG Large Cap Core ETF (the "Stance ETF"). The Acquisition was consummated in accordance with the terms and conditions of the previously announced Transaction Agreement, dated as of August 29, 2022. At the closing of the Acquisition, the Stance ETF was reorganized into a newly formed series of Hennessy Funds Trust named the Hennessy Stance ESG Large Cap ETF (the "Hennessy Stance ETF"). Additionally, Stance Capital, LLC and Vident Investment Advisory, LLC became sub-advisors to the Hennessy Stance ETF, with the same portfolio managers who managed the Stance ETF's investment portfolio and trading services prior to the Acquisition continuing to manage the Hennessy Stance ETF's investment portfolio and trading services following the Acquisition.

A copy of the press release is being filed as Exhibit 99.1 to this Current Report on Form 8­K and is incorporated by reference herein.

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