0001193125-22-118335.txt : 20220426 0001193125-22-118335.hdr.sgml : 20220426 20220425213107 ACCESSION NUMBER: 0001193125-22-118335 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220426 DATE AS OF CHANGE: 20220425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ProShares Trust II CENTRAL INDEX KEY: 0001415311 STANDARD INDUSTRIAL CLASSIFICATION: [6221] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-262728 FILM NUMBER: 22851557 BUSINESS ADDRESS: STREET 1: 7501 WISCONSIN AVE STREET 2: SUITE 1000 CITY: BETHESDA STATE: MD ZIP: 20814 BUSINESS PHONE: 240-497-6400 MAIL ADDRESS: STREET 1: 7501 WISCONSIN AVE STREET 2: SUITE 1000 CITY: BETHESDA STATE: MD ZIP: 20814 FORMER COMPANY: FORMER CONFORMED NAME: Commodities & Currencies Trust DATE OF NAME CHANGE: 20071016 424B3 1 d146738d424b3.htm 424B3 424B3

Filed Pursuant to Rule 424(b)(3)

Registration No.: 333-262728

PROSHARES TRUST II

Supplement dated April 25, 2022

to the Prospectuses for each ProShares Trust II ETF each dated February 23, 2022

Effective immediately, the disclosure in the “Risk Factors” section of each Prospectus is supplemented to include the following:

RISKS OF GOVERNMENT REGULATION

The Financial Industry Regulatory Authority (“FINRA”) issued a notice on March 8, 2022 seeking comment on measures that could prevent or restrict investors from buying a broad range of public securities designated as “complex products”—which could include the leveraged and inverse funds offered by ProShares. The ultimate impact, if any, of these measures remains unclear. However, if regulations are adopted, they could, among other things, prevent or restrict investors’ ability to buy the funds.

For more information, please contact the Funds at 888-776-3898.

Please retain this supplement for future reference.