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Bulletin de la Bourse
Evolve Cryptocurrencies ETF (ETC, ETC.U) inscrit à la Bourse de Toronto
27 septembre 2021
Issuer: Evolve Cryptocurrencies ETF ("Evolve ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Canadian dollar denominated unhedged units (the "CAD Units") | ETC | 100,000 | None | C$10.00 |
| U.S. dollar denominated unhedged units (the "USD Units") | ETC.U | 100,000 | None | US$10.00 |
| Listing category: | Non-Corporate |
| Trading currency - CAD Units: | CDN$ |
| Trading currency – USD Units: | US$ |
| Transaction: | Initial public offering (the "Offering") of CAD Units and USD Units (collectively, the "Units"). |
| Listing date: | September 28, 2021 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Anticipated closing date: | September 29, 2021 (prior to the opening) |
| Posted for trading date: | September 29, 2021 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | Virtu ITG Canada Corp. |
| Security ownership registration: | CDS book entry only system and Non-Certificated Issue. |
| Investor relations: | Elliot Johnson Tel: (416) 558-6661 Email: ejohnson@evolveetfs.com - and – Keith Crone Tel: (416) 697-5152 Email: k.crone@evolveetfs.com |
| Incorporation: | An exchanged traded alternative mutual fund established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated as of September 20, 2021. |
| Manager and Trustee: | Evolve Funds Group Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | Evolve ETF seeks to provide holders of Units with exposure to the daily price movements of certain digital assets selected by the Manager from time to time, on a market capitalization basis, while experiencing minimal tracking error by investing in other publicly offered investment funds managed by the Manager. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Dividends: | It is not anticipated that Evolve Fund will make cash distributions. |
| Sponsorship: | Not applicable. |
| Offering document: | Prospectus dated September 20, 2021 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Additional information: | The USD Units will be quoted and traded on Toronto Stock Exchange in US funds and trading information regarding the USD Units will appear under the heading "Trading in US Funds" in the TSX Monthly Review. |
| Initial public offering: | 100,000 CAD Units will be issued at a subscription price of $10.00 per CAD Unit and 100,000 USD Units will be issued at a subscription price of US$10.00 per USD Unit. Evolve ETF is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the net assets of Evolve ETF and there is no minimum number of Units that may be offered. |
| TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange |