Since the net value of leveraged ETF products LINK3S and SXP3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of LINK3S and SXP3S at 13:00 (UTC+8) on December 18.
The 10 shares of LINK3S and SXP3S will be merged into 1 share respectively. Consequently, the net value per share of LINK3S and SXP3S 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.
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