Direxion Announces Reverse Split of JDST

–News Direct–

CONTACT: Danielle Black, SAE

Ditto Public Relations

[email protected]

NEW YORKMay 31, 2024 Direxion, a leading provider of tradeable and thematic ETFs, has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Junior Gold Miners Index Bear 2X Shares (Ticker: JDST) (the Fund). The total market value of the shares outstanding will not be affected as a result of this split, except with respect to the redemption of fractional shares, as outlined below.

After the close of the markets on June 28, 2024 (the Effective Date), the Fund will effect a reverse split of its issued and outstanding shares as follows:

Fund Name

Reverse Split Ratio

Approximate decrease in total number of outstanding shares

Direxion Daily Junior Gold Miners Index Bear 2X Shares

1 for 10


Please note the CUSIP change, effective July 1, 2024:

Fund Name


Current CUSIP


Direxion Daily Junior Gold Miners Index Bear 2X Shares




As a result of this reverse split, every ten shares of the Fund will be exchanged for one share as indicated in the table above. Accordingly, the total number of the issued and outstanding shares for the Fund will decrease by the approximate percentage indicated above. In addition, the per share net asset value (NAV) and next days opening market price will be approximately ten-times higher for the Fund. Shares of the Fund will begin trading on the NYSE Arca, Inc. (the NYSE Arca) on a split-adjusted basis on July 1, 2024.

The next days opening market value of the Funds issued and outstanding shares, and thus a shareholders investment value, will not be affected by the reverse split. The table below illustrates the effect of a hypothetical one-for-ten reverse split anticipated for the Fund:

1-for-10 Reverse Split


# of Shares Owned

Hypothetical NAV

Total Market Value













Redemption of Fractional Shares and Tax Consequences of the Reverse Split

As a result of the reverse split, a shareholder of the Funds shares potentially could hold a fractional share. However, fractional shares cannot trade on the NYSE Arca. Thus, the Fund will redeem for cash a shareholders fractional shares at the Funds split-adjusted NAV as of the Effective Date. Such redemption may have tax implications for those shareholders and a shareholder could recognize a gain or loss in connection with the redemption of the shareholders fractional shares. Otherwise, the reverse split will not result in a taxable transaction for holders of Fund shares. No transaction fee will be imposed on shareholders for such redemption.

Odd Lot Unit

Also, as a result of the reverse split, the Fund may have outstanding one aggregation of less than 50,000 shares to make a creation unit, or an odd lot unit. Thus, the Fund will provide one authorized participant with a one-time opportunity to redeem the odd lot unit at the split-adjusted NAV or the NAV on such date the authorized participant seeks to redeem the odd lot unit.

The Direxion Shares ETF Trusts transfer agent will notify the Depository Trust Company (DTC) of the reverse split and instruct DTC to adjust each shareholders investment(s) accordingly. DTC is the registered owner of the Funds shares and maintains a record of the Funds record owners.

All Direxion leveraged and inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objective. Please visit the Direxion Leveraged and Inverse ETF Education Center, where you will find educational brochures, videos, and a self-paced online course to help you understand if leveraged ETFs are right for you.

About Direxion:

Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxions reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $42.3 billion in assets under management as of March 31, 2024. For more information, please visit www.direxion.com.

There is no guarantee that the Fund will achieve its investment objective.

For more information on all Direxion Shares ETFs, go to www.direxion.com, or call us at 866.301.9214.

An investor should carefully consider the Funds investment objective, risks, charges, and expenses before investing. The Funds prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866-476-7523 or visit our website at direxion.com. The Funds prospectus and summary prospectus should be read carefully before investing.

Leveraged and Inverse ETFs pursue daily leveraged investment objectives which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk and who actively manage their investments.

Direxion Shares Risks An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region, which can result in increased volatility. The use of derivatives, such as futures contracts and swaps, are subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include Effects of Compounding and Market Volatility Risk, Leverage Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Other Investment Companies (including ETFs) Risk, Cash Transaction Risk, Passive Investment and Index Performance Risk, and risks specific to investment in the securities of gold and silver mining companies and the mining and metal industry, which are included in the materials sector. Because the Index is concentrated in the gold mining industry, and may have significant exposure to assets in the silver mining industry, the Fund will be sensitive to changes in the overall condition of gold- and silver-related companies. Competitive pressures may have a significant effect on the financial condition of gold- and silver-related companies. Additional risks for the Fund include Shorting or Inverse Risk and Daily Inverse Index Correlation Risk. Please see the summary and full prospectus for a more complete description of these and other risks of the Fund.

Non-Physical Commodities Disclosure This fund tracks a commodity related equity index, consisting of a basket of oil and gas related stocks. It does not invest in physical commodities and should not be expected to directly track the price performance of oil and gas commodities.

Distributor: Foreside Fund Services, LLC.

Contact Details

Ditto PR

Danielle Black

[email protected]

Company Website


View source version on newsdirect.com: https://newsdirect.com/news/direxion-announces-reverse-split-of-jdst-757494301


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Youri Unveils New Range of Premium Phone Cases for iPhone and Samsung Galaxy Devices

–News Direct–

Youri, a leader in mobile accessories, proudly announces the launch of its latest line of phone cases designed for iPhone and Samsung Galaxy devices. Now available, these cases merge high-level protection with elegant styling, ensuring smartphones are both secure and stylish. Discover the full range of products at www.youri.com.

Made from top-quality materials, Youri's new phone cases deliver outstanding protection against drops, bumps, and scratches. Each design is precision-engineered to fit perfectly with the device, providing hassle-free access to all buttons, cameras, and ports. The collection includes a range of styles, from minimalist clear cases that highlight the phone's design to boldly textured cases that stand out.

"Our new collection of phone cases represents a perfect synergy of protective technology and aesthetic design," said the Youri Marketing Team. "We recognize that our customers want accessories that are both functional and fashionable, and we've responded with a line of cases that meet these needs while also offering superior protection."

Highlights of the Youri phone cases include shock-absorbent corners, anti-scratch coatings, and raised bezels to protect screens from direct contact with surfaces. Emphasizing environmental responsibility, Youri has integrated eco-friendly materials into several new case designs.

Youri phone cases are now available for purchase on the companys website. Customers can take advantage of an exclusive introductory discount on all orders for a limited time. Explore the collection and select the perfect case for your iPhone or Samsung Galaxy at www.youri.com.

About Youri

In April 2020, Youri launched SendUsMasks to provide affordable, high-quality reusable cloth masks, combating price gouging during uncertain times. Their dedication to people in need earned them over 1,700 five-star reviews and saved thousands of lives. Rebranded as Youri, they now focus on offering top-quality phone cases for iPhone and Samsung Galaxy devices, maintaining their commitment to customer trust and satisfaction.

Contact Details


Stevan Shlemoon

+1 844-958-2919

[email protected]

Company Website


View source version on newsdirect.com: https://newsdirect.com/news/youri-unveils-new-range-of-premium-phone-cases-for-iphone-and-samsung-galaxy-devices-703598344

Rev Up Marketers

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Whittier Pest Control Unveils Enhanced Pest Control Services for Residential and Commercial Clients

Whittier Pest Control has expanded its pest control services for both residential and commercial clients. The company now offers a wider range of solutions, including advanced termite detection, rodent control, bed bug treatment, and mosquito and tick control.

Whittier, CA, United States, 31st May 2024 – Whittier Pest Control, a trusted pest management name, announced a significant expansion of its comprehensive pest control solutions today. This move is designed to meet the evolving needs of residential pest control and commercial pest control clients in Southern California and beyond.

Whittier Pest Control’s expanded services not only showcase an innovative approach to pest control but also bring a host of benefits. By utilizing cutting-edge techniques and eco-conscious products, the company is now equipped to handle a broader range of pests, from common household nuisances to more complex commercial infestations. This means its clients can rest assured that their pest control needs will be met with the utmost efficiency and care.

“Our goal has always been to provide the most effective, reliable, and environmentally responsible pest control solutions,” said a Company Representative from Whittier Pest Control. “This expansion of our services is a testament to our ongoing commitment to innovation and customer satisfaction. Whether it’s protecting a family home or a large commercial enterprise, we are confident in our ability to deliver results.”

With a team of highly trained Whittier exterminators and a dedication to staying at the forefront of the industry, Whittier Pest Control is well-positioned to address the diverse pest challenges clients face today. The company’s expanded services include:

  • Advanced termite detection and elimination
  • Comprehensive rodent control and exclusion
  • Customized bed bug treatment plans
  • Innovative solutions for mosquito and tick control
  • Integrated pest management for commercial properties

Clients can expect the same professionalism and customer care that Whittier Pest Control has always been known for. The company’s expanded services are available now and are backed by a satisfaction guarantee.

About Whittier Pest Control

With over 15 years of experience, Whittier Pest Control is not just a leading provider of pest control services in Southern California, but a trusted name in the industry. The company’s mission is to create pest-free environments where families and businesses can thrive. Committed to using the latest technologies and safest practices, Whittier Pest Control offers a wide range of residential and commercial pest control services tailored to the unique needs of each client, ensuring their peace of mind.


Media Contact 

Whittier Pest Control

(888) 492-4164 


[email protected]

Media Contact

Organization: Whittier Pest Control

Contact Person: Representative

Website: https://whittierpestcontrol.net/

Email: Send Email

Contact Number: +18884924164

City: Whittier

State: CA

Country: United States

Release Id: 31052412739

The post Whittier Pest Control Unveils Enhanced Pest Control Services for Residential and Commercial Clients appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Crypto Raven Strives to Provide Unparalleled Services as a Top Crypto Influencer and Industry Leader

Dubai, United Arab Emirates, 31st May 2024, King NewsWireCrypto Raven, a name that has become synonymous with success in the cryptocurrency and decentralized finance (DeFi) sectors, continues to make waves with his innovative approach and dedication to financial growth for his followers and clients. Over the past five years, Crypto Raven has worked on over 1,000 projects, establishing himself as a formidable force in the rapidly evolving markets of cryptocurrency and DeFi.



His swift rise to prominence is nothing short of astonishing, reflecting the dedication and effort he puts into reaching the pinnacle of his chosen field. Crypto Raven is part of a new generation of professionals who have quickly ascended to the forefront of their respective niches, bringing excellence and substantial growth through their brands, platforms, and businesses.

A Visionary in Cryptocurrency and DeFi

Crypto Raven’s journey in the world of cryptocurrency began with a deep interest in blockchain technology and its potential to revolutionize the financial industry. Over the years, he has honed his expertise, becoming a trusted advisor and influencer in the crypto space. His insights and strategies have helped countless individuals and organizations navigate the complexities of the cryptocurrency market, achieving financial success.

As a DeFi expert, Crypto Raven has been instrumental in promoting decentralized financial systems that offer more accessibility and transparency compared to traditional banking systems. His work in this area has not only garnered him a significant following but has also contributed to the broader adoption of DeFi solutions globally.

A Track Record of Success

With over 1,000 projects under his belt, Crypto Raven’s experience is both extensive and diverse. He has collaborated with a wide range of stakeholders, including startups, established enterprises, and individual investors, providing tailored advice and innovative solutions to meet their unique needs. His ability to identify promising opportunities and mitigate risks has made him a sought-after advisor in the cryptocurrency community.

Crypto Raven’s portfolio includes successful ventures in various aspects of the crypto industry, such as initial coin offerings (ICOs), tokenomics, blockchain development, and smart contract audits. His strategic guidance has helped numerous projects achieve their goals, from securing funding to launching and scaling operations.

Empowering a Global Audience

One of Crypto Raven’s core missions is to empower his followers and clients by providing them with the knowledge and tools they need to succeed in the cryptocurrency market. Through his social media platforms, educational content, and one-on-one consultations, he demystifies complex concepts and shares actionable insights that can lead to financial growth.

Crypto Raven’s influence extends beyond just financial advice. He is a mentor and inspiration to many young professionals looking to make their mark in the crypto industry. His commitment to fostering a supportive and inclusive community has earned him the respect and admiration of his peers and followers alike.

The Future of Crypto and DeFi with Crypto Raven

As the cryptocurrency and DeFi markets continue to evolve, Crypto Raven remains at the forefront, constantly adapting to new trends and technologies. His forward-thinking approach ensures that he stays ahead of the curve, providing his audience with cutting-edge insights and strategies.

Looking ahead, Crypto Raven is focused on expanding his reach and impact. He plans to launch new initiatives that will further educate and support the crypto community, including online courses, webinars, and exclusive membership programs. Additionally, he is exploring opportunities to collaborate with other industry leaders to drive innovation and growth in the DeFi space.

About Crypto Raven

Crypto Raven is a prominent crypto influencer and DeFi expert with over five years of experience in the cryptocurrency industry. He has worked on over 1,000 projects, helping individuals and organizations achieve financial success through innovative strategies and solutions. Crypto Raven is dedicated to empowering his followers and clients with the knowledge and tools they need to thrive in the evolving markets of cryptocurrency and decentralized finance.

For more information about Crypto Raven and his services, please visit https://ravencrypto.io/

Follow Crypto Raven on social media:

– Telegram: https://t.me/CryptoRavenCalls

– Instagram: https://www.instagram.com/hiravencrypto

– Twitter/X: https://x.com/hiravencrypto


Media Contact

Organization: Crypto Raven

Contact Person: Media Relations

Website: https://ravencrypto.io/

Email: Send Email

City: Dubai

Country: United Arab Emirates

Release Id: 31052412742

The post Crypto Raven Strives to Provide Unparalleled Services as a Top Crypto Influencer and Industry Leader appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Lectures in Pure Mathematics at the University of Sofia, 2019: Volume 1

Ireland, 31st May 2024, King NewsWireDr. Jonathan Kenigson is proud to announce the release of his latest book, Lectures in Pure Mathematics at the University of Sofia, 2019: Volume 1. This work, rooted in a series of compelling lectures delivered at the University of Sofia in Bulgaria, delves into advanced topics that bridge philosophy and mathematics, offering readers profound insights into Wittgenstein modal semantics, structuralism, psychologism, and the debates surrounding mathematical platonism and nominalism.


Dr. Kenigson’s book represents a meticulous and scholarly examination of these complex themes, making contributions to contemporary mathematical discourse. “Lectures in Pure Mathematics” is poised to become a useful resource for mathematicians, philosophers, and academics seeking to deepen their understanding of the philosophical underpinnings of mathematics.

Key Features of the Book:


– Structuralism:A detailed exploration of structuralism in mathematics, highlighting its influence on modern mathematical thought.

– Psychologism:An examination of psychologism and its impact on the interpretation of mathematical concepts.

– Mathematical Platonism and Nominalism: A rigorous discussion on the enduring debate between mathematical platonism and nominalism, offering fresh perspectives on these philosophical positions.

Dr. Kenigson’s lecture notes composed at the University of Sofia were highly regarded for their depth and clarity, making complex subjects accessible to both seasoned scholars and enthusiastic students. This volume encapsulates the essence of those lectures, preserving their intellectual rigor and engaging style and including an extensive bibliography.

About the Author:

Dr. Jonathan Kenigson is a mathematician and philosopher with a distinguished career in academia and undergraduate teaching. He has published extensively on topics at the intersection of mathematics and philosophy, and his work is celebrated for its clarity, depth, and innovative insights. Dr. Kenigson holds a Ph.D. in Mathematics and has held academic posts in the US, UK, and Ireland.


“Lectures in Pure Mathematics at the University of Sofia, 2019: Volume 1” is now available for purchase through major booksellers and online platforms. For more information, visit Dr. Kenigson’s official website www.kenigson.com


Media Contact

Organization: Kenigson

Contact Person: Dr. Jonathan Kenigson

Website: https://www.kenigson.com/

Email: Send Email

Country: Ireland

Release Id: 31052412738

The post Lectures in Pure Mathematics at the University of Sofia, 2019: Volume 1 appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

San Diego Family Law Firm Announces Adrian Doty, Esq as Specialist in Divorce Mediation

San Diego, CA – Sunnen Law, a leading family law and divorce attorney firm in San Diego, proudly announces the addition of Adrian Doty, Esq as a specialist in divorce mediation. With years of experience and a deep commitment to resolving conflicts amicably, Mr. Doty brings a wealth of expertise to the firm’s clients seeking peaceful and fair resolutions to their marital disputes.

San Diego, California, United States, 31st May 2024 – Sunnen Law, a leading family law and divorce attorney firm in San Diego, proudly announces the addition of Adrian Doty, Esq as a specialist in divorce mediation. With years of experience and a deep commitment to resolving conflicts amicably, Mr. Doty brings a wealth of expertise to the firm’s clients seeking peaceful and fair resolutions to their marital disputes.

Adrian Doty, Esq is renowned for his compassionate approach and exceptional skills in mediation, helping couples navigate the complexities of divorce without the need for contentious litigation. His dedication to fostering cooperative solutions aligns perfectly with the firm’s mission to provide comprehensive and empathetic legal services.

We are thrilled to have Adrian join our team,said Christopher Sunnen, Esq., CFLS, founder of Sunnen Law.His expertise in divorce mediation is invaluable, and his approach not only eases the emotional burden on our clients but also leads to more sustainable and amicable outcomes. Adrian’s addition to our firm underscores our commitment to offering the best possible legal support to families during challenging times.

At Sunnen Law, Mr. Doty will focus on guiding clients through the mediation process, ensuring that both parties reach mutually beneficial agreements while preserving respect and dignity. His methods are designed to minimize stress and conflict, providing a more positive path forward for families.

For more information about Adrian Doty, Esq, and the mediation services offered at Sunnen Law, please visit www.Sunnen-Law.com or call (619)255-9551.

About Sunnen Law

Sunnen Law is a premier family law and divorce attorney firm based in San Diego, dedicated to providing exceptional legal services. The firm specializes in various aspects of family law, including divorce mediation, child custody, spousal support, and more. With a team of experienced attorneys, Sunnen Law is committed to delivering compassionate and effective legal solutions to help families navigate through life’s most challenging times.

Media Contact

Organization: Sunnen Law

Contact Person: Rosemarie Stilson

Website: https://www.sunnen-law.com

Email: [email protected]

Contact Number: +16192559551

Address: 2550 5th Avenue

Address 2: Suite 515

City: San Diego

State: California

Country: United States

Release Id: 31052412747

The post San Diego Family Law Firm Announces Adrian Doty, Esq as Specialist in Divorce Mediation appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Market Insights: How Present Trends Are Shaping Cell Tower Lease Rates

In a landscape where technology and demand evolve at a breakneck pace, understanding the dynamics of cell tower lease rates is essential. David Espinosa, a leading expert and owner of TowerLeases.com, sheds light on how current trends are significantly influencing these rates, with a focus on the pivotal role of cell phone tower consultants.

“Cell tower lease rates are not static; they are shaped by a myriad of factors ranging from technological advancements to regulatory changes,” says David Espinosa. “At TowerLeases.com, we specialize in providing the strategic insight that property owners need to navigate these waters effectively.”

The surge in demand for better and faster mobile services, primarily driven by the rollout of 5G technology, has led to an increased need for strategically placed cell towers. This demand shift is significantly impacting lease rates, making the expertise of cell phone tower consultants more valuable than ever.

Espinosa explains, “With the advent of 5G and other emerging technologies, the landscape for cell tower leasing is more complex and competitive. Our role as consultants is to ensure that landowners are equipped with the knowledge and negotiation skills necessary to secure the best possible terms.”

TowerLeases.com provides comprehensive consulting services that cover every aspect of the cell tower lease negotiation process. From initial assessments to final agreements, the team ensures that every deal is tailored to maximize the landowner’s benefits while accommodating the needs of telecom companies.

“The value of a cell tower lease is intricately linked to how well the negotiations are handled,” Espinosa continues. “Our expertise and experience in the industry allow us to forecast market trends and position our clients’ properties as essential assets to telecom companies.”

For landowners looking to explore or renegotiate their cell tower leases, the current market presents numerous opportunities. With the guidance of seasoned consultants like those at TowerLeases.com, property owners can transform these opportunities into lucrative deals.

About TowerLeases.com

TowerLeases.com is at the forefront of the cell tower lease consulting industry. Led by David Espinosa, a renowned expert with extensive experience, the company offers specialized advice and negotiation services to property owners. With a deep understanding of market trends and a commitment to client success, TowerLeases.com is dedicated to ensuring that landowners receive the most favorable terms in their lease agreements. The team’s strategic approach and industry expertise make them a trusted ally in the complex world of cell tower leasing.

Media Contact

Tower Leases
Contact name
David Espinoza
Contact phone
Contact address
4780 Ashford Dunwoody Ste 225
United States

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Gmfxfund.com: Revolutionizing Trading Strategies through AI Precision

Gmfxfund.com has emerged as a leading platform in the trading industry, thanks to its innovative AI signals system. This cutting-edge platform is revolutionizing trading by offering an impressive success rate of 92%. Designed specifically for copy trading, Gmfxfund.com is enabling traders to achieve outstanding results by leveraging advanced AI technology.

The core of Gmfxfund.com’s success is its state-of-the-art AI algorithms, which analyze vast amounts of market data in real-time. These algorithms identify profitable trading opportunities with remarkable accuracy, allowing users to replicate the strategies of top-performing traders on the platform. This approach democratizes access to professional-level trading, making it easier for both novice and experienced traders to achieve their financial goals.

Gmfxfund.com’s platform is designed to be user-friendly, ensuring that even those with minimal trading knowledge can easily navigate and benefit from its powerful AI signals. The platform also offers comprehensive support and educational resources, empowering users to make informed decisions and improve their trading skills over time.


Security is a paramount concern for Gmfxfund.com. The platform employs advanced encryption and security measures to protect users’ data and investments. This commitment to security gives users peace of mind as they engage with the platform and execute trades.

Transparency is another key feature of Gmfxfund.com’s platform. Users have access to detailed performance metrics and analytics, allowing them to evaluate the effectiveness of the AI signals they follow. This transparency builds trust and confidence, enabling users to make well-informed decisions about their trading strategies.

Gmfxfund.com also fosters a sense of community among its users. The platform provides forums, webinars, and discussion groups where traders can share insights, strategies, and experiences. This collaborative environment not only enhances the trading experience but also helps users stay informed about market trends and developments.

Continuous innovation is central to Gmfxfund.com’s approach. The platform’s team of experts regularly updates and refines the AI algorithms to adapt to changing market conditions. This dedication to innovation ensures that users always have access to the most effective trading tools and strategies available.

In essence, Gmfxfund.com is revolutionizing trading with its highly effective AI signals system. By offering a high success rate and an accessible platform, Gmfxfund.com is empowering traders to achieve their financial objectives with greater efficiency and confidence. The platform’s focus on security, transparency, and community engagement makes it a standout choice for traders looking to leverage AI in their trading strategies.

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Contact Person Name: Davis

Company Name: GMFXFund

Email: [email protected]

Website: https://www.gmfxfund.com/

Country: United Kingdom