Listing Alert

MIAX Pearl

December 08, 2025 | 10:51 AM

MIAX Exchange Group - Options Markets - Corporate Action Alert: Defiance Daily Target 2X Long NVO ETF (NVOX)

Defiance Daily Target 2X Long NVO ETF (NVOX) has announced a reverse stock split effective for Tuesday, December 9, 2025. On this date, the current NVOX option class will change to NVOX1. The MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange will not list NVOX1 options. Therefore, no options on NVOX will be available for trading on Tuesday, December 9, 2025. 

Defiance Daily Target 2X Long NVO ETF (NVOX) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Wednesday, December 10, 2025.

All GTC orders resting on the MIAX order books in NVOX will be canceled at the close of business on Monday, December 8, 2025.

Additional details about the Defiance Daily Target 2X Long NVO ETF (NVOX) reverse split are provided in the attached OCC Memo.

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