Liquidation: Tidal Trust II

Form Type: 497

Filing Date: 2025-02-11

Corporate Action: Liquidation

Type: New

Accession Number: 000199937125001523

Filing Summary: Tidal Trust II, through its investment advisers Tidal Investments LLC and Plato’s Philosophy LLC, has decided that the closure and liquidation of the Meet Kevin Pricing Power ETF is in the best interests of the Fund and its shareholders. The Board of Trustees has agreed with this recommendation. Shares of the Fund will stop trading on NYSE Arca on February 25, 2025, and will not be available for purchase after this date. Shareholders can sell their holdings before the Closing Date; however, there may be limited market availability between February 25 and February 28, 2025, during which the Fund will be in the process of liquidation. After the Liquidation Date, the Fund will distribute cash pro rata to shareholders who have not redeemed or sold their shares, and these distributions may have tax implications. The Fund's liquidation processes will entail increasing cash holdings and halting active investment strategies. Once distributions are completed, the Fund will cease to exist.

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Form Type: 497

Filing Date: 2025-02-10

Corporate Action: Liquidation

Type: New

Accession Number: 000183988225008127

Filing Summary: On February 10, 2025, a supplement was issued for the CNIC ICE U.S. Carbon Neutral Power Futures Index ETF (AMPD), indicating the recommendation of Tidal Investments LLC, the Fund’s adviser, to liquidate the Fund due to insufficient investment assets and operational inefficiencies. The Board of Trustees of Tidal Trust II accepted this recommendation. The Fund's shares will cease trading on NYSE Arca, Inc. as of February 21, 2025, and will no longer be available for purchase. Shareholders can sell their shares until this Closing Date, but will be limited to specific broker-dealers until the Liquidation Date of February 25, 2025. During the liquidation process, the Fund will increase its cash holdings, impacting its ability to track its underlying index. Post-liquidation, distributions will be made to shareholders, potentially resulting in taxable events for them. The Fund’s net asset value will account for liquidation costs, and upon completion of distributions, the Fund will terminate.

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Form Type: 497

Filing Date: 2025-02-07

Corporate Action: Liquidation

Type: New

Accession Number: 000199937125001378

Filing Summary: On February 7, 2025, Tidal Investments LLC informed the Board of Trustees of Tidal Trust II of the recommendation to liquidate the CNIC ICE U.S. Carbon Neutral Power Futures Index ETF (AMPD) due to the inability to attract sufficient investment assets for economical operations. The Board decided that liquidating the Fund is in the best interests of both the Fund and its shareholders. Trading of the shares will cease on NYSE Arca, Inc. as of February 18, 2025, and no purchase orders will be accepted after this date. From February 18 to February 20, shareholders may only sell their shares through certain broker-dealers, with no assurance of market availability. The liquidation will involve closing the Fund's portfolio, increasing cash holdings, and will affect the tracking of the underlying index. On or around the Liquidation Date, cash will be distributed pro rata to shareholders, with the liquidation treated as a taxable event. Shareholders are advised to consult with their tax advisers regarding the implications of these actions.

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Form Type: 497

Filing Date: 2025-02-03

Corporate Action: Liquidation

Type: Update

Accession Number: 000183988225006066

Filing Summary: Tidal Trust II's Octane All-Cap Value Energy ETF (OCTA) has announced its impending liquidation following a recommendation from Tidal Investments LLC and Octane Investments, Inc. The Board of Trustees has concluded that continuing operations is not feasible due to insufficient investment assets. Trading of the Fund's shares will end on NASDAQ as of February 14, 2025, after which no purchase orders will be accepted. Shareholders can sell their holdings until this date, but between the Closing Date and the Liquidation Date (February 19, 2025), sales will be limited to certain broker-dealers without guaranteed market availability. Post-liquidation, assets will be distributed pro rata to shareholders, and these transactions may have tax implications for them. The process aims to close the Fund while ensuring a fair return of assets to investors before termination.

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