FUTU HK Help Center-CIOXY.US ADR Termination
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CIOXY.US ADR Termination

As of the termination time, it is expected that trading of the ADR will cease and the Depository will halt issuance of the CIELO S A SPONSORED ADR is eligible for conversion into the underlying common share. Participants can view the notice and obtain more information via JP Morgans ADR website.

Holders are therefore provided with the following choices with respect to their position in the ADR:

Option(1): Take no action and maintain holding of the terminated ADR[Default Option]

Option(2): Surrender ADRs for delivery of underlying shares (in the form of receiving payment of the sale proceeds, net of the expenses of sale, any applicable taxes and fees. Please include receiving instructions with elections: counterparty broker name, account no., DTC code and contact person details)

Handling Fee: 700 USD/each application+ 5 USD/lot cancellation fee (less than 1 lot is counted as 1 lot)

Holders electing to convert the ADR must ensure the account has the necessary trading permissions to hold the underlying asset.

In the absence of an election, no action will be taken on the position.

The deadline to make an election to convert the ADR into the underlying securities will be 09/09/2024 @ 4:00 pm (Hong Kong Time GMT+8)

Please fill in the following information and use the registered email address of Futu to send an email to cs@futuhk.com.

1. Account Number:
2. Name: (In Chinese or English)
3. Stock code: CIOXY.US 
4. Options: (1) or (2)
5. Number of shares participating in corporate actions:
6. For Option (2): I agree with the handling fee of 700 USD/each application + 5 USD/each cancellation fee (less than 1 lot is counted as 1 lot)

Note to applicants:
1. For shareholders holding less than 1 share of CIOXY.US, they cannot participate in related corporate actions.
2. Option (1) is the default option. We will help clients to choose option (1) if have not received clients’ emails.
3. Once the relevant application is submitted, the stocks participating in the company's actions cannot be traded and the application cannot be withdrawn.
4. This corporate action does not accept additional applications, the maximum number of applications that a client can apply for does not exceed the number of eligible shares it holds.
5. The pending orders and unsettled shares will not be accepted for the time being.
6. Please confirm that the account funds are sufficient to pay the relevant fees of this corporate action. Otherwise, we will not bear any responsibility for the failure of your application.
7. If there is any update, all the information released by the listed company shall prevail.