Liquidation: EA Series Trust

Form Type: 497

Filing Date: 2025-03-13

Corporate Action: Liquidation

Type: New

Accession Number: 000159290025000629

Filing Summary: On March 13, 2025, the Board of Trustees of EA Series Trust approved a proposal to liquidate the ARK 21Shares Active Bitcoin Ethereum Strategy ETF and ARK 21Shares Active On-Chain Bitcoin Strategy ETF. The liquidation date is set for approximately March 28, 2025. To facilitate an orderly liquidation and meet redemption requests, the Funds will immediately begin liquidating their portfolio assets. This will result in an increase in cash holdings, deviating from the stated investment objectives. New creation units will not be accepted after March 26, 2025, and trading in shares will halt before market open on the Liquidation Date. All outstanding shares will be redeemed at the net asset value on the Liquidation Date, with proceeds distributed to shareholders. Current shareholders can sell their holdings until the Liquidation Date but may incur brokerage fees. Liquidating distributions may occur, altering the amount received if shares are sold before the Liquidation Date. Shareholders should consult tax advisors regarding potential tax liabilities from liquidation proceeds.

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