... that its board of directors has approved a reverse stock split (the "ReverseStockSplit") of the Company's class A ordinary shares (the "Ordinary Shares"), at a ratio of 1-for-6.
... automatically adjusted to reflect the reverse stock split, subject to each broker's particular processes, and will not be required to take any action in connection with the reverse stock split.
For example, a 1-for-10 ReverseSplit Ratio means that holders of a series of ETNs who purchased such ETNs prior to the EffectiveDate will receive one reverse split-adjusted ETN for every ten pre-reverse split ETNs they hold.
For example, a 1-for-10 ReverseSplit Ratio means that holders of a series of ETNs who purchased such ETNs prior to the EffectiveDate will receive one reverse split-adjusted ETN for every ten pre-reverse split ETNs they hold.
After the close of the markets on March 4, 2026 (the “EffectiveDate”), each Fund will effect a reverse split of its issued and outstanding shares as follows. ... reverse split ... 1-for-20 ReverseSplit .
Holders of common stock otherwise entitled to a fractional share as a result of the ReverseStockSplit, because they hold a number of shares not evenly divisible by the Reverse Stock Split ratio, will be rounded up to the nearest whole share.
For example, a 1-for-10 ReverseSplit Ratio means that holders of a series of ETNs who purchased such ETNs prior to the EffectiveDate will receive one reverse split-adjusted ETN for every ten pre-reverse split ETNs they hold.
For example, a 1-for-10 ReverseSplit Ratio means that holders of a series of ETNs who purchased such ETNs prior to the EffectiveDate will receive one reverse split-adjusted ETN for every ten pre-reverse split ETNs they hold.