Binance adjusts SPCX Pre IPO perpetual contract amount to match the latest disclosed share capital The Binance contract will adjust the contract size of the SPCXUSDT U-based Pre IPO perpetual contract on June 10th at 16:30 (UTC+8), which is expected to take 15 to 30 minutes, followed by a maximum of 5 minutes of cancellation only phase. SPCX estimates that the number of shares will be increased from 11.87 billion to 13.08 billion, with a corresponding adjustment factor of 1.10. The price and contract amount will be reset proportionally to zero unrealized gains and losses and adjust the nominal value of positions. During the adjustment period, all trading, closing, placing orders, and other functions of the contract will be suspended. The relevant trading robot strategies will be terminated and settled uniformly at 16:20, and all pending orders (including take profit and stop loss) will be cancelled.