Listing Alert

MIAX Pearl

April 02, 2024 | 11:04 AM

MIAX Exchange Group - Options Markets - Corporate Action Alert: Investment Managers Series Trust II AXS 1.25X NVDA Bear Daily ETF (NVDS)

Investment Managers Series Trust II AXS 1.25X NVDA Bear Daily ETF (NVDS) has announced a reverse stock split effective for Wednesday, April 3, 2024. On that date, the current NVDS option classes will change to NVDS1.  The MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange will not list NVDS1 options. Therefore, no options on NVDS will be available for trading on Wednesday, April 3, 2024. 

Investment Managers Series Trust II AXS 1.25X NVDA Bear Daily ETF (NVDS) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange on Thursday, April 4, 2024.

All GTC orders resting on the MIAX order books in NVDS will be canceled at the close of business on Tuesday, April 2, 2024.

Additional details about the Investment Managers Series Trust II AXS 1.25X NVDA Bear Daily ETF (NVDS) reverse split are provided in the attached OCC Memo.

Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.