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Bulletin de la Bourse
Ether ETF (ETHR, ETHR.U) inscrit à la Bourse de Toronto
16 avril 2021
Issuer: Ether ETF ("Evolve ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Canadian dollar denominated unhedged units (the "CAD Unhedged Units") | ETHR | 100,000 | None | C$12.54 |
| U.S. dollar denominated unhedged units (the "USD Unhedged Units") | ETHR.U | 100,000 | None | US$10.00 |
| Listing category: | Non-Corporate |
| Trading currency of CAD Unhedged Units: | CDN$ |
| Trading currency of USD Unhedged Units: | US$ |
| Transaction: | Initial public offering (the "Offering") of CAD Unhedged Units and USD Unhedged Units (collectively, the "Units") |
| Listing date: | April 19, 2021 (as at 5:01 p.m.) in anticipation of closing of the Offering |
| Anticipated closing date: | April 20, 2021 (prior to the opening) |
| Posted for trading date: | April 20, 2021 (at the opening) subject to confirmation of closing of the Offering |
| Other market(s): | None |
| Designated market maker: | TD Securities Inc. |
| Security ownership registration: | CDS book entry only system and Non-Certificated Issue |
| Investor relations: | Elliot Johnson Chief Investment Officer and Chief Operating Officer Tel: (416) 572-2110 Email: ejohnson@evolveetfs.com - and – Keith Crone Executive Vice President, Head of Marketing Tel: (416) 572-2111 Email: k.crone@evolveetfs.com |
| Incorporation: | An alternative mutual fund established under the laws of the Province of Ontario pursuant an amended and restated declaration of trust dated April 16, 2021. |
| Manager and Trustee: | Evolve Funds Group Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | Evolve ETF seeks to provide unitholders with exposure to the daily price movements of the U.S. dollar price of Ether while experiencing minimal tracking error by utilizing the benefits of the creation and redemption processes offered by the exchange traded fund structure. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto |
| Dividends: | Evolve ETF does not intend to pay regular cash distributions. |
| Sponsorship: | Not applicable. |
| Offering document: | Prospectus dated April 16, 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 Unhedged Units will be quoted and traded on Toronto Stock Exchange in US funds and trading information regarding the USD Unhedged Units will appear under the heading "Trading in US Funds" in the TSX Monthly Review. |
| Initial public offering: | 100,000 CAD Unhedged Units will be issued at a subscription price of C$12.54 per CAD Unhedged Unit and 100,000 USD Unhedged Units will be issued at a subscription price of US$10.00 per USD Unhedged 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 |