Dear Users:
Since the net value of leveraged ETF products THETA3S and SUSHI3L are lower than 0.05 USDT, it triggers the Share Merging Mechanism. As such, MXC will merge the shares of THETA3S and SUSHI3L at 11:30 (UTC+8), September 18.
The 10 shares of THETA3S and SUSHI3L will be merged into 1 share respectively. Consequently, the net value per share of THETA3S and SUSHI3L will be up 10 times, while the user's holding amount will be down to 1/10. In this connection, the 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
September 18, 2020
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