What Arc changed

• Removed the VFSTX fund from the SEC yield disclosure section.
• Removed the specific mention of "30-day" yield calculation periods, leaving only the "7-day" calculation for the remaining funds (DSVXX, MUAIX, MULSX, and VMFXX).

Arc updated its legal disclosures to remove a specific Vanguard fund (VFSTX) from its yield calculation list. This suggests a change in their treasury investment lineup or a shift in how they report returns to customers.

• Added a new announcement link: "Arc is joining Axos. Learn more→"
• Added social media links for LinkedIn and Instagram in the footer.

Arc is being acquired by or merging with a larger bank. This change often leads to shifts in product focus, team changes, or new rules for customers.

• Updated a fund ticker symbol in the SEC yield disclosure section.
• Replaced "VMFTX" with "VMFXX" in the list of funds used for 7-day income distribution calculations.

The company updated its legal disclosures to reflect a change in the specific money market funds used for yield calculations. This ensures their regulatory compliance and accuracy regarding where customer funds are invested.