Since the net value of leveraged ETF products SUSHI3S, RUNE3S and CRV3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of SUSHI3S, RUNE3S and CRV3S at 19:30 (UTC+8), December 2nd.
The 10 shares of SUSHI3S, RUNE3S and CRV3S will be merged into 1 share respectively. Consequently, the net value per share of SUSHI3S, RUNE3S and CRV3S will be up 10 times, while the user's holding amount will be down to 1/10. In this connection, user’s total asset will stay the same after the merging.