WEEX to adjust SNDK/USDT spot trading for stock split

Dear WEEXers,

Sandisk Corporation (NASDAQ: SNDK) will undergo an 8-for-1 stock split, with each existing share split into 8 shares. WEEX will support this split and adjust the SNDK/USDT spot trading pair and SNDK balances in users' spot accounts accordingly.

I. Trading and token swap schedule

II. Spot asset swap details

Any SNDK balances remaining before the temporary delisting will be swapped by WEEX at the above ratio. No action is required. The swapped SNDK tokens will be credited to your spot account and will not be converted to USDT.

After the split, your token holdings will increase to 8 times the original amount, while the price per token will drop to 1/8 of its original value. The following example illustrates the split ratio:

The stock split itself does not generate additional investment returns. The prices above are for illustration only. Actual trading prices after relisting will depend on market conditions, and asset values may fluctuate accordingly.

III. Important notice

1. Manage open orders: WEEX will suspend SNDK/USDT spot trading at the scheduled time. All open orders will be canceled.
2. Manage your assets: If you prefer not to participate in the token swap, convert your SNDK holdings to USDT or other assets before delisting.
3. Verify swap results: Once the swap is complete, check your SNDK balance in the spot account and place new orders based on the adjusted price and holdings when trading resumes.
4. Stay updated: WEEX reserves the right to adjust the above schedule and arrangements based on operational needs. Any changes will be announced through official channels.

Contact WEEX customer support if you have any questions.

Thank you for your continued support and trust in WEEX!