Listing Alert

MIAX Pearl

May 25, 2022 | 02:11 PM

MIAX Exchange Group - Options Markets - Corporate Action Alert: ProShares UltraShort Bloomberg Natural Gas (KOLD)

ProShares UltraShort Bloomberg Natural Gas (KOLD) has announced a 1-for-4 reverse stock split effective for Thursday, May 26, 2022. On that date, the current KOLD option class will change to KOLD2. The MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange will not list KOLD2 options. Therefore, no options on KOLD will be available for trading on Thursday, May 26, 2022. 

ProShares UltraShort Bloomberg Natural Gas (KOLD) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange on Friday, May 27, 2022.

All GTC orders resting on the MIAX order books in KOLD will be canceled at the close of business on Wednesday, May 25, 2022.

Additional details about the ProShares UltraShort Bloomberg Natural Gas (KOLD) reverse split are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.