BigONE Leveraged ETF Products FIL3S and FLM3S Share Consolidation Notice

Dear BigONE users: 

As the unit price of the leveraged ETF products FIL3S and FLM3S is lower than 0.05 USDT, the BigONE leveraged ETF products share consolidation mechanism has been triggered. In order to improve the validity of the price, we will start the share consolidation mechanism at 17:00 (UTC+8) on Apr 3, 2021 to merge the shares of FIL3S and FLM3S separately. The total assets of users will not be affected after the merger.

The name, abbreviation, and trading pair of the new share are the same as before the merger.

The original 100 shares of FIL3S and FLM3S will become 1 share of the new FIL3S and FLM3S, and the net value of the new share will become 100 times the original share. The net value conversion is based on the net value at the time of consolidation.

Example:

At the time of the merger, Jackson holds 100 shares of FIL3S with a net value of 0.015 each and a total amount of 1.5 USDT. After the consolidation, Jackson holds 1 share of FIL3S with a net value of 1.5 each and the total amount remains the same at 1.5 USDT.

Reminder: 

1. During the consolidation, we will stop the assets trading of this trading pair half an hour in advance (the merging process is expected to take 1 hour), the trading of other trading pairs will not be affected.
2. Before the consolidation, all users who have pending orders for the above trading pairs are requested to withdraw their orders in advance. If they fail to do so, the system will automatically cancel all orders and the related assets will be returned to their accounts.

If you have any questions regarding Leveraged ETF products: https://support.bigonechina.com/hc/en-us/articles/900002710806-BigONE-Leveraged-ETF-Product-Q-A

BigONE, more than just asset security

Best, 

BigONE Team

Apr 3, 2021