85c Leo at IPO - what's your guess for free shares?, page-56

More than happy to be corrected.

If an ETF fund has stocks that pay dividends, and I class the in-specie distribution as a dividend payment
~ the dividends get pooled and then they are paid to investors of that particular fund, in this case distribution is annually in December

With that I would anticipate VanEck will sell their 39m+ Leo Lithium shares and distribute the funds into the pool for the EFT shareholders.
~ timing of the divestment -- hopefully not at open
~ Firefinch being a portion of the fund would have had a percentage impact on the share price of the fund, but it would have been minimal only being weighted at . 28% (10/6) of net assets of the fund.

cheers
ps: DOW was shit, turn off computer for the day