Direxion Daily Small Cap Bull 3X Shares V.TNA

Primary Symbol: TNA

The Fund seeks daily investment results before fees and expenses of 300% of the inverse or opposite of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective for a period of time different than a trading day. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, and securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index measures the performance of approximately 2,000 small-capitalization companies in the Russell 3000 Index, based on a combination of their market capitalization and current index membership. The fund is non-diversified.

ARCA:TNA - Post by User

Direxion Daily Small Cap Bull 3X Shares > Acquisition

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Comment by rationalexuberanceon Sep 12, 2022 9:59am

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Post# 34956324

RE:Acquisition

The Transaction is subject to approval by the Evergreen shareholders, court approval and other closing conditions, including Closing Cash being not less than US$28,000,000, receipt of required Washington State gaming approvals and the TSX Venture Exchange accepting the Arrangement Agreement for filing. Full details of the Transaction will be set out in Evergreen’s management information circular that Evergreen will prepare in respect of the meeting of shareholders to approve the Transaction, which is expected to occur in the fourth quarter of 2022. The Transaction is expected to close by the end of 2022.

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