---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-162634"
form_type: "8-K"
ticker: "AGQ"
cik: "0001415311"
company_name: "ProShares Trust II"
filed_at: "2023-06-07T23:59:59+00:00"
generated_at: "2026-06-14T05:43:13.890457+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# ProShares announces reverse splits for VIXY (1:5), UVXY (1:10), BOIL (1:20) effective June 23, 2023

## Summary
- ProShares VIX Short-Term Futures (VIXY) reverse split ratio 1:5; new CUSIP 74347Y789.
- ProShares Ultra VIX Short-Term Futures (UVXY) reverse split ratio 1:10; new CUSIP 74347Y771.
- ProShares Ultra Bloomberg Natural Gas (BOIL) reverse split ratio 1:20; new CUSIP 74347Y763.
- Effective at market open June 23, 2023; ticker symbols unchanged; total shareholder value unaffected.
- Fractional shares from the splits will be redeemed for cash, potentially a taxable event for holders.

## SEC filing metadata
- accession: 0001193125-23-162634
- form_type: 8-K
- ticker: AGQ
- cik: 0001415311
- company_name: ProShares Trust II
- filed_at: 2023-06-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1415311/000119312523162634/0001193125-23-162634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1415311/000119312523162634/d480860d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-162634
- JSON: https://secwatch.observer/filing/0001193125-23-162634.json
- Plain text: https://secwatch.observer/filing/0001193125-23-162634.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.