ProShares Trust II
For the period ended Mar 20, 2024. Filed Mar 20, 2024.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Mar 20, 2024 · Filed Mar 20, 2024
Contents
EX-99.1 · Forward Splits—Phase Two
Forward Splits—Phase Two
Two ETFs will forward split shares at the following split ratios:
| Ticker | ProShares ETF | Split Ratio |
|---|---|---|
| KOLD | ProShares UltraShort Bloomberg Natural Gas | 2:1 |
| SVXY | ProShares Short VIX Short-Term Futures | 2:1 |
Forward splits in phase two will apply to shareholders of record as of market close on April 9, 2024, payable after market close on April 10, 2024. All forward splits will be effective prior to market open on April 11, 2024, when the funds will begin trading at their post-split prices. The ticker symbols and CUSIP numbers for the funds will not change.
The forward splits will decrease the price per share of each fund, with a proportionate increase in the number of shares outstanding. For example, for atwo-for-one split, everypre-split share will result in the receipt of two post-split shares, which will be priced atone-half the net asset value (“NAV”) of apre-split share.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.