Summary by Futu AI
The Options Clearing Corporation (OCC) has announced the consolidation of certain TeraWulf Inc. flex option series. The change will see the option symbol for TeraWulf transition from 1WULF to WULF. This adjustment will be effective at the start of business on August 20, 2024. Specifically, the series affected is the P 9/20/2024 2.5. The OCC has made this decision under its by-laws, with each adjustment being considered on a case-by-case basis. The OCC has also noted that the decision is based on information currently available and may be subject to change if new information arises or if there are significant changes to the corporate event prompting the adjustment. Clearing members have been instructed to disseminate this information promptly.