Bulletin de la Bourse
LFG Daily (2X) COIN Long ETF (COIU) inscrit à la Bourse de Toronto
Issuer: LFG Daily (2X) COIN Long ETF (the "ETF")
Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
---|---|---|---|---|
ETF Shares | COIU | 500,000 | None | C$20.32 |
Listing category: | Non-Corporate |
Trading currency: | CDN$ |
Transaction: | Initial public offering of the ETF Shares (the "Offering") |
Anticipated closing date: | June 30, 2025 |
Listing date: | June 30, 2025 (as at 5:01 pm) in anticipation of closing of the Offering. |
Posted for trading date: | July 2, 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: | Myron Genyk Tel.: (647) 612-0278 myron@longpointetfs.com |
Incorporation: | LongPoint ETF Corp. (the "Company") is a mutual fund corporation established under the federal laws of Canada. The ETF was established on May 23, 2025 in accordance with the articles of incorporation of the Company. The ETF is a separate Corporate Class. The ETF is an open-ended alternative mutual fund under applicable securities legislation. |
Manager: | LongPoint Asset Management Inc. |
Fiscal year end: | December 31 |
Nature of business: | The ETF seeks daily investment results that endeavour to correspond, before fees and expenses, to two times (2X) the daily return (on a percentage basis) of the common stock of Coinbase Global Inc. Class A (ticker: COIN). The ETF does not hedge its currency exposure to the U.S. dollar. |
Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
Distributions: | The Company does not currently intend to pay regular dividends or returns of capital on the Shares of the ETF. |
Sponsorship: | Not applicable |
Offering document: | Prospectus dated June 16, 2025 (the "Prospectus"), which is available at . Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
Initial public offering: | 500,000 ETF Shares will be issued at a subscription price of ~C$20.32 (U$15.00) per ETF Share. The ETF is authorized to issue an unlimited number of ETF Shares. ETF Shares of the ETF are being issued and sold on a continuous basis and there is no maximum number of ETF Shares that may be issued. |
TSX contact: | Selma Thaver, Managing Director, TSX Listings |