VS Trust's UVIX to undergo 1-for-10 reverse share split effective January 15, 2025
VS Trust announced a 1-for-10 reverse share split for its 2x Long VIX Futures ETF (UVIX), effective at the market open on January 15, 2025. The company says the split will not change the value of a shareholder's investment, but it reduces share count and raises the price per share tenfold, and fractional shares will be redeemed for cash with possible taxable gains or losses.
Key points
- Split ratio: 1 post-split share for every 10 pre-split shares, effective at market open on January 15, 2025
- Ticker remains UVIX; new CUSIP number 92891H606 replaces old CUSIP 92891H507
- Fractional shares will be redeemed for cash and sent to shareholders' brokers, which may trigger taxable gains or losses
The filing
Written by AI on Nov 9, 2026, 11:43 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 December 31, 2024.
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.