Dear MXCers:
Since the net value of leveraged ETF products ATOM3S and DOGE3S are lower than 0.05 USDT, it triggers the Share Merging Mechanism. As such, MXC will merge the shares of ATOM3S and DOGE3S at 11:00 (UTC+8), July 18.
The 10 shares of ATOM3S and DOGE3S will be merged into 1 share respectively. Consequently, the net value per share of ATOM3S and DOGE3S will be up 10 times, while user's holding amount will be down to 1/10. In this connection, user’s total asset will stay the same after the merging.
Learn more about leveraged ETF, please visit:
1. What is "Share Merging Mechanism"
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Enjoying your trade on MXC.
The MXC team
July 18, 2020
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