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AI brief of an SEC Form 8-K · ProShares Trust II (AGQ)

ProShares Trust II to reverse split BOIL 1-for-2 and SCO 1-for-4 effective May 28, 2026

Neutral Impact 2 of 5 shareholder Written later

ProShares Trust II announced reverse share splits for ProShares Ultra Bloomberg Natural Gas (BOIL) and ProShares UltraShort Bloomberg Crude Oil (SCO), effective before market open on May 28, 2026. The filing says the splits will not change the value of a shareholder's investment, but shareholders whose holdings are not an exact multiple of the split ratio will have fractional shares redeemed for cash, which may be a taxable event.

Key points

  • BOIL: 1 for 2 reverse split; two pre-split shares become one post-split share, with new CUSIP 74347Y664 and an unchanged ticker.
  • SCO: 1 for 4 reverse split; four pre-split shares become one post-split share, with new CUSIP 74347Y656 and an unchanged ticker.
  • Fractional shares will be redeemed for cash and sent to the shareholder's broker of record, which may cause gains or losses.

The filing

CompanyProShares Trust II (AGQ)
Form8-K, current report
Filed with the SECMay 12, 2026, 3:27 PM ET
Accession number0001193125-26-219236

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 12, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.