BMO Announces Upcoming Reverse Splits of Six Series of its Exchange Traded Notes (NYSE Arca: BERZ, BNKD, DULL, FLYD, NRGD and OILD)

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[{"type":"text","content":"BMO Announces Upcoming Reverse Splits of Six Series of its Exchange Traded Notes (NYSE Arca: BERZ, BNKD, DULL, FLYD, NRGD and OILD)\n\n\nBMO Announces Upcoming Reverse Splits of Six Series of its Exchange Traded Notes (NYSE Arca: BERZ, BNKD, DULL, FLYD, NRGD and OILD)\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: MIDDLE; TEXT-ALIGN: CENTER; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n\n\n\n\n\n\nPR Newswire\n\n\nNEW YORK, Feb. 12, 2026 /PRNewswire/ - Bank of Montreal (\"BMO\") today announced that it will be implementing reverse splits of six series of its outstanding Exchange Traded Notes listed in the table below (each, an \"ETN\" and, collectively, the \"ETNs\"). Each reverse split is expected to be effective at the open of trading on February 24, 2026 (the \"Effective Date\").\nThe table below summarizes the reverse splits.ETN Title Ticker SymbolReverse Split RatioSplit FactorCurrent CUSIP / New CUSIPMicroSectorsTM FANG & Innovation -3× Inverse Leveraged ETNs due June 28, 2041BERZ1-for-2020063679450/063679351MicroSectors™ U.S. Big Banks -3× Inverse Leveraged ETNs due February 17, 2045BNKD1-for-55063679377/063679336MicroSectorsTM Gold -3× Inverse Leveraged ETNs due January 29, 2043DULL1-for-5050063679518/063679344MicroSectorsTM Travel -3× Inverse Leveraged ETNs due May 29, 2042FLYD1-for-101006368J309/06368J408MicroSectors™ U.S. Big Oil -3× Inverse Leveraged ETNs due February 17, 2045NRGD1-for-55063679393/063679328MicroSectorsTM Oil & Gas Exploration & Production -3× Inverse Leveraged ETNs due June 28, 2041OILD1-for-101006368L205/06368L882Each series of ETNs is expected to begin trading on NYSE Arca, Inc. on a reverse split-adjusted basis on the Effective Date. Holders of a series of ETNs who purchased such ETNs prior to the Effecti...

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