Exchange Bulletin
3iQ CoinShares Ether ETF (ETHQ, ETHQ.U) To Trade On Toronto Stock Exchange
April 21, 2021
Issuer: 3iQ CoinShares Ether ETF ("3iQ ETF")
| Security | Symbol | Issue Price | Issued and Outstanding Securities | Reserved Securities |
|---|---|---|---|---|
| Units (the "Units") | ETHQ & ETHQ.U | C$12.61 (ETHQ) & US$10.00 (ETHQ.U) | 100,000 | None |
| Listing category: | Non-Corporate |
| Trading Currency: | CDN$, US$ |
| Transaction: | Initial public offering of Units (the "Offering") |
| Listing date: | April 22, 2021 (as at 5:01 pm) in anticipation of closing of the Offering |
| Anticipated closing date: | April 22, 2021 |
| Posted for trading date: | April 23, 2021 (at the opening) subject to confirmation of closing of the Offering |
| Other market(s): | None |
| Designated market maker: | BMO Nesbitt Burns Inc. |
| Security ownership registration: | CDS book based system and Non-Certificated Issue |
| Investor relations: | Frederick T. Pye Chairman and Chief Executive Officer (416) 639-2130 fred.pye@3iQ.ca |
| Incorporation: | An alternative mutual fund established as a trust under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated April 19, 2021. |
| Manager and Trustee: | 3iQ Corp. |
| Fiscal year end: | December 31 |
| Nature of business: | 3iQ ETF's investment objectives are to seek to provide holders of Units ("Unitholders") of 3iQ ETF with: (a) exposure to digital currency ether ("ETH") and the daily price movements of the U.S. dollar price of ETH and (b) the opportunity for long-term capital appreciation. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | 3iQ ETF does not intend to pay distributions to Unitholders. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated April 19, 2021 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Additional information: | Participating Organizations should note that all trades in 3iQ ETF will be on a T+1 settlement on a permanent basis. The Units trading under symbol "ETHQ.U" will be quoted and traded on TSX in US funds and trading information regarding "ETHQ.U" will appear under the heading "Trading in US Funds" in the TSX Monthly Review. |
| Initial public offering: | 100,000 Units will be issued at a subscription price of C$12.61 or US$10.00. 3iQ ETF is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the net assets of 3iQ ETF. The Units of 3iQ ETF are being issued and sold on a continuous basis and there is no maximum number of ETF Units that may be issued. |
| TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange |