Dear Users:

Since the net value of leveraged ETF product WAVES3S is lower than 0.05 USDT, it triggers the Share Merging Mechanism. As such, MXC will merge the shares of WAVES3S at 18:30 (UTC+8), November 16.

The 10 shares of WAVES3S will be merged into 1 share. Consequently, the net value per share of WAVES3S 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"

2. Guide for Leverage ETF

3. Leveraged ETF Lecture

4. FAQ for Leveraged ETF

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