Since the net value of leveraged ETF products BAL3L, THETA3S, ENJ3S, EOS3L, CTK3L and LIT3L are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of BAL3L, THETA3S, ENJ3S, EOS3L, CTK3L and LIT3L at 15:00 (UTC+8) on March 5.
The 10 shares of BAL3L, THETA3S, ENJ3S, EOS3L, CTK3L and LIT3Lwill be merged into 1 share respectively. Consequently, the net value per share of BAL3L, THETA3S, ENJ3S, EOS3L, CTK3L and LIT3L 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.
Comments
0 comments
Article is closed for comments.