Dear Users:
Since the net value of leveraged ETF products BLZ3S, FLM3S, FTM3S, BAT3S, STORJ3S, LRC3S, ICX3S and OMG3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of BLZ3S, FLM3S, FTM3S, BAT3S, STORJ3S, LRC3S, ICX3S and OMG3S at 23:30 (UTC+8) on January 19.
The 10 shares of BLZ3S, FLM3S, FTM3S, BAT3S, STORJ3S, LRC3S, ICX3S and OMG3S will be merged into 1 share respectively. Consequently, the net value per share of BLZ3S, FLM3S, FTM3S, BAT3S, STORJ3S, LRC3S, ICX3S and OMG3S 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:
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What is "Share Merging Mechanism"
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Guide for Leverage ETF
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Leveraged ETF Lecture
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FAQ for Leveraged ETF
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