Every material Form 8-K VS Trust filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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
Effective September 16, 2024, Volatility Shares LLC, the sponsor of the 2x Long VIX Futures ETF and -1x Short VIX Futures ETF, terminated Penserra Capital Management LLC as commodity sub-adviser and ended the related sub-advisory agreement. The sponsor will now provide day-to-day portfolio management for the funds, a change in how the funds are run that shareholders should be aware of. The filing does not state a reason for the termination.
Effective date: September 16, 2024
Terminated commodity sub-adviser: Penserra Capital Management LLC, with the Commodity Sub-Advisory Agreement ended as of the same date
Volatility Shares LLC (the sponsor) now provides day-to-day portfolio management for the 2x Long VIX Futures ETF and -1x Short VIX Futures ETF
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every VS Trust filing is on SEC EDGAR ↗. 8-K briefs of other companies →