Liquidation: RBB FUND, INC.

Form Type: 497

Filing Date: 2025-05-21

Corporate Action: Liquidation

Type: New

Accession Number: 000139834425009997

Filing Summary: On May 21, 2025, The RBB Fund, Inc. issued a supplement to the Prospectus and Statement of Additional Information detailing a Plan of Liquidation and Termination for the Oakhurst Short Duration Bond Fund and the Oakhurst Short Duration High Yield Credit Fund. This decision, made by the Board of Directors based on a recommendation from F/m Investments LLC, aims to close and liquidate each Fund effective as of the close of business on or about July 30, 2025. Effective May 30, 2025, the Funds will cease to accept new purchases, and are transitioning their portfolios to cash or cash equivalents, halting the pursuit of their stated investment objectives. Shareholders may redeem their investments according to the Funds' Prospectus, while automatic redemptions will occur for any shares without a redemption request before the Liquidation Date. Proceeds from these redemptions may be subject to taxes, and specific guidelines are provided for investors with IRA accounts wishing to reinvest their proceeds to maintain tax-deferred status.