Apex Trader Funding - News
Global X ETFs Announces Two ETF Reverse Stock Splits
NEW YORK, June 3, 2024 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange traded funds (ETFs), today announced a reverse split of the following two funds:
Fund
Old CUSIP
New CUSIP
Split Ratio
Global X 1-3 Month T-Bill ETF (CLIP)
37960A537
37960A438
1:4
Global X Hydrogen ETF (HYDR)
37954Y152
37960A420
1:5
Effective after market close on June 14th, 2024, the funds listed above will effect a reverse stock split at the above ratios. The reverse stock split will increase the price per share of the Fund with a proportionate decrease in the number of shares outstanding. For example, for the Global X 1-3 Month T-Bill ETF (CLIP), every four pre-split shares will result in receipt of one post-split share, which will be priced four times ...