Since the net value of leveraged ETF products 1INCH3S, GRT3S, SXP3S, ATOM3S and BAL3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of 1INCH3S, GRT3S, SXP3S, ATOM3S and BAL3S at 19:30 (UTC+8) on January 31.
The 10 shares of 1INCH3S, GRT3S, SXP3S, ATOM3S and BAL3S will be merged into 1 share respectively. Consequently, the net value per share of 1INCH3S, GRT3S, SXP3S, ATOM3S and BAL3Swill 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.
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