Dear respected users，
Since the net values of leveraged ETF product COMP1D3S is lower than 0.1 USDT, which triggers the Share Merging Mechanism. As such, Hotbit will merge the shares of COMP1D3S two times at 07:55 AM on January 14th, 2023.
Because the price will increase by 100X after the merger, the number of users' existing assets will be multiplied by 0.01, meanwhile, the 100 shares of COMP1D3S will be merged into 1 share, consequently, the net value per share will be up 100 times and user's holding amount will be down to 1/100. In this connection, the user’s total assets will stay the same after the merging.
The net value conversion is based on the net balance at the time of the merger.
About leveraged ETF, for more details: Leveraged ETF FAQ
Hotbit Team
January 14th, 2023
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