Since the net value of leveraged ETF products 1INCH3L, AXS3S, ADA3L, SAND3S, SOL3S, ALPHA3L&STMX3S are lower than 0.1 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC has merged the shares of 1INCH3L, AXS3S, ADA3L, SAND3S, SOL3S, ALPHA3L&STMX3S at 23:00, June 11, 2021 (UTC+8).
The 10 shares of 1INCH3L, AXS3S, ADA3L, SAND3S, SOL3S, ALPHA3L&STMX3S will be merged into 1 share respectively. Consequently, the net value per share of 1INCH3L, AXS3S, ADA3L, SAND3S, SOL3S, ALPHA3L&STMX3S 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.
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The MXC Team,
June 11, 2021