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      Global X Announces Five ETF Reverse Stock Splits

      Global X by Mirae Asset (PRNewsfoto/Global X Management Company LLC)

      News provided by

      Global X Management Company LLC

      Aug 18, 2025, 17:00 ET

      Share this article

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      NEW YORK, Aug. 18, 2025 /PRNewswire/ -- Global X Management Company, LLC ("Global X"), the New York-based provider of exchange traded funds (ETFs), today announced reverse splits of the following five funds (each a "Fund" or collectively, "Funds"):

      Fund

      Old CUSIP  

      New CUSIP  

      Split Ratio  

      Global X CleanTech ETF (CTEC)

      37954Y228

      37960A222

      1:5

      Global X Genomics & Biotechnology ETF
      (GNOM)

      37954Y434

      37960A214

      1:4

      Global X HealthTech ETF (HEAL)

      37954Y285

      37954Y137

      1:3

      Global X AgTech & Food Innovation ETF
      (KROP)

      37954Y178

      37960A198

      1:3

      Global X Renewable Energy Producers ETF     
      (RNRG)

      37954Y707  

      37960A180  

      1:3

      Effective after market close on August 29, 2025, the Funds listed above will effect a reverse stock split at the above ratios. The reverse stock splits will increase the price per share of each Fund with a proportionate decrease in the number of shares outstanding. For example, for the 1:5 split, every five pre-split shares will result in receipt of one post-split share, which will be priced five times higher than the net asset value (NAV) of a pre-split share.

      Illustration of Reverse Splits

      The following table shows the effect of a hypothetical 1:5 reverse split:

      Period

      Number of
      Shares Owned
           

      Hypothetical     
      NAV

      Value of
      Shares
           

      Pre-Split

      500

      $10

      $5,000

      Post-Split     

      100

      $50

      $5,000

      The following table shows the effect of a hypothetical 1:4 reverse split:

      Period

      Number of
      Shares Owned
           

      Hypothetical     
      NAV

      Value of
      Shares
           

      Pre-Split

      400

      $10

      $4,000

      Post-Split     

      100

      $40

      $4,000

      The following table shows the effect of a hypothetical 1:3 reverse split:

      Period

      Number of
      Shares Owned
           

      Hypothetical     
      NAV

      Value of
      Shares
           

      Pre-Split

      300

      $10

      $3,000

      Post-Split     

      100

      $30

      $3,000

      Fractional Shares

      As a result of the reverse stock splits, a shareholder of a Fund's shares could potentially hold fractional shares. In this case, the Fund will redeem the cash value (at NAV) of any fractional shares resulting from the reverse split. Receipt of cash in lieu of fractional shares may result in a taxable event to shareholders, and each shareholder should consult with the shareholder's own tax advisers with respect to the appropriate treatment of the receipt of such cash payment.

      Brokerage Charges

      Some brokerage charges may apply because of the reverse split. These charges are made directly by the broker and are not charges from Global X.

      About Global X

      Global X was founded in 2008. For more than fifteen years, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features a wide range of ETF strategies and over $60 billion in assets under management.[i] While we are distinguished for our Thematic Growth, Income, and International Access ETFs, we also offer Core and Commodity funds to suit a wide range of investment objectives. Explore our ETFs, research and insights, and more at www.globalxetfs.com.

      Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than $600 billion in assets under management worldwide.[ii] Mirae Asset has an extensive global ETF platform ranging across the US, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam.

      Important Information

      Investing involves risk, including the possible loss of principal. The investable universe of companies in which the Funds invest may be limited. Narrowly focused investments will be more susceptible to factors affecting that sector and subject to more volatility. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.

      Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.

      Carefully consider a fund's investment objectives, risks, and charges and expenses before investing. This and other information can be found in a fund's full or summary prospectuses, which may be obtained at globalxetfs.com. Please read the prospectus carefully before investing

      Global X serves as an advisor to the Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X or Mirae Asset Global Investments.

      Media Contact:

      Ariel Kouvaras, Sloane PR
      212-446-1884
      [email protected]

      [i] Source: Global X ETFs, as of July 31, 2025
      [ii] Source: Mirae Asset, as of December 31, 2024

      SOURCE Global X Management Company LLC

      Modal title

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