---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-264886"
form_type: "8-K"
ticker: "AGQ"
cik: "0001415311"
company_name: "ProShares Trust II"
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:35:37.255354+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ProShares announces forward and reverse splits on 22 ETFs; effective Nov 20

## Summary
- Forward splits (2:1 to 4:1) on 8 ETFs including QLD, SSO, TQQQ; reverse splits (1:2 to 1:10) on 14 ETFs including GLL, UVXY, SQQQ.
- All splits effective prior to market open on November 20, 2025; tickers unchanged.
- Reverse splits require new CUSIP numbers; fractional shares redeemed for cash, may trigger taxable events.
- No change in total shareholder investment value from any split.

## SEC filing metadata
- accession: 0001193125-25-264886
- form_type: 8-K
- ticker: AGQ
- cik: 0001415311
- company_name: ProShares Trust II
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1415311/000119312525264886/0001193125-25-264886-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1415311/000119312525264886/d904599d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-264886
- JSON: https://secwatch.observer/filing/0001193125-25-264886.json
- Plain text: https://secwatch.observer/filing/0001193125-25-264886.txt

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