Since the net value of leveraged ETF products LTC3S, EOS3S, THETA3S and RSR3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares ofLTC3S, EOS3S, THETA3S and RSR3S at 17:30 (UTC+8) on December 20.
The 10 shares of LTC3S, EOS3S, THETA3S and RSR3S will be merged into 1 share respectively. Consequently, the net value per share of LTC3S, EOS3S, THETA3S and RSR3S 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.