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Fund Updates

REX Shares Announces 1-for-10 Reverse Splits for AXTU and TEUP

REX Shares approved 1-for-10 reverse stock splits for the T-REX 2X Long AXTI Daily Target ETF (AXTU) and T-REX 2X Long TE Daily Target ETF (TEUP). Shareholders will receive one post-split share for every ten shares held, with any fractional shares redeemed for cash at the funds’ net asset value. The reverse splits will take effect after the close of trading on August 21, 2026, and the ETFs will begin trading on a split-adjusted basis on August 24. The action is intended to increase each fund’s share price while leaving their leveraged exposure, investment objectives, and creation unit sizes unchanged.

At a glance
Beat
Fund Updates
Issuer
REX Shares
Region
United States
Filed
31 July 2026

Source: SEC Filings

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