Pionex Tokenized Stock SOXSX Reverse Split Announcement

Dear Users,

Pionex will conduct a reverse split of the tokenized stock SOXSX in accordance with the reverse stock split plan of SOXSX (SOXS Direxion Daily Semiconductors Bear 3x Shares xStocks), with a reverse split ratio of 20:1.

The specific arrangements are as follows:

• Trading Pair Suspension: Pionex will suspend trading of the SOXSX/USDT trading pair at 21:00 (UTC) on March 4, 2025. All open orders will be cancelled, and related trading bots will be automatically stopped.
• Asset Reverse Split: Pionex will calculate users' SOXSX balances and reverse split the SOXSX assets held by users at a ratio of 20 SOXSX (pre-reverse split) = 1 SOXSX (post-reverse split).
• Trading Pair Reopening: The SOXSX/USDT trading pair is expected to reopen after 14:30 (UTC) on March 5, 2025, and will trade at the post-reverse split SOXSX price.

Risk Warning
Digital currency trading involves significant risks. Please exercise caution when making purchases and be aware of trading risks. While Pionex carefully selects quality tokens, we do not assume any responsibility for guarantees, compensation, or any other liabilities related to your trading activities.

Thank you for your continued support of Pionex!

Pionex Team 
February 9, 2025