Liquidation: Tidal Trust III

Form Type: 497

Filing Date: 2025-05-30

Corporate Action: Liquidation

Type: New

Accession Number: 000199937125006939

Filing Summary: Tidal Trust III, through its investment adviser Tidal Investments LLC and sub-adviser Unity Wealth Partners LLC, has determined that the closure and liquidation of the Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (DCAP) is in the best interest of the Fund and its shareholders. The Fund will stop trading on The Nasdaq Stock Market and halt new purchase orders as of June 13, 2025. Shareholders may sell their shares before this date; however, limited market availability is expected from June 13 to June 20, 2025. The liquidation process will involve increasing cash holdings and ceasing pursuit of the Fund's investment objectives. On the Liquidation Date, shares will be liquidated and cash will be distributed pro rata to shareholders, categorized as a taxable event. Shareholders are advised to consult their tax advisers regarding potential capital gains or losses from these distributions. Following the complete distribution of assets, the Fund will terminate.