Since the net value of leveraged ETF product UNI3S is lower than 0.05 USDT, it triggers the Share Merging Mechanism. As such, MXC will merge the shares of UNI3S at 23:40 (UTC+8), September 18.
The 20 shares of UNI3S will be merged into 1 share. Consequently, the net value per share of UNI3S will be up 20 times, while the user's holding amount will be down to 1/20. In this connection, the user’s total asset will stay the same after the merging.
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The MXC team
September 18, 2020