Exchange Bulletin
Evolve Levered Ether ETF (LETH, LETH.U) To Trade On ÍÃ×ÓÏÈÉú
March 17, 2025
Issuer: Evolve Levered Ether ETF ("Evolve ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Canadian dollar denominated unhedged ETF units ("CAD Units") | LETH | 50,000 | None | C$20.00 |
| U.S. dollar denominated unhedged ETF units ("USD Units") | LETH.U | 50,000 | None | US$20.00 |
| Listing category: | Non-Corporate |
| Trading currency of CAD Units | CDN$ |
| Trading currency of USD Units: | US$ |
| Transaction: | Initial public offering (the "Offering") of CAD Units and USD Units (collectively, the "Units"). |
| Anticipated closing date: | March 17, 2025 |
| Listing date: | March 17, 2025 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Posted for trading date: | March 18, 2025 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | National Bank Financial Inc. |
| Investor relations: | Elliot Johnson Tel: (416) 558-6661 Email: ejohnson@evolveetfs.com - and - Keith Crone Tel: (416) 697-5152 Email: kcrone@evolveetfs.com |
| Incorporation: | An exchange 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 March 7, 2025. |
| Manager and Trustee: | Evolve Funds Group Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | Evolve ETF seeks to provide unitholders with exposure to 1.25x the daily price movements of the U.S. dollar price of Ether while experiencing minimal tracking error by investing in other publicly offered investment funds managed by the Manager. Evolve ETF will use leverage in order to achieve its investment objective. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Dividends: | It is not anticipated that Evolve ETF will make regular cash distributions. |
| Sponsorship: | Not applicable. |
| Offering document: | Prospectus dated March 7, 2025 (the "Prospectus"), which is available at . Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Additional Information: | The USD Units (Symbol: LETH.U) will be quoted and traded on ÍÃ×ÓÏÈÉú 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: | 50,000 CAD Units will be issued at a subscription price of C$20.00 per CAD Unit and 50,000 USD Units will be issued at a subscription price of US$20.00 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: | Selma Thaver, Managing Director, TSX Listings |