M&A - STATE STREET INSTITUTIONAL INVESTMENT TRUST

Form Type: 497

Filing Date: 2025-05-06

Corporate Action: Merger

Type: New

Accession Number: 000119312525113836

Filing Summary: On May 6, 2025, the Board of Trustees of State Street Institutional Investment Trust approved the merger of the State Street Institutional Liquid Reserves Government Money Market Fund (the 'Selling Fund') with and into the State Street Institutional U.S. Government Money Market Fund (the 'Buying Fund'). This merger, referred to as the 'Reorganization', was deemed to streamline and simplify fund offerings managed by SSGA Funds Management, Inc. (SSGA FM), allowing for reduced costs to shareholders. The Reorganization does not require shareholder approval and is expected to complete around June 13, 2025. Post-merger, shareholders of the Selling Fund will automatically receive shares in the Buying Fund equivalent to their holdings in the Selling Fund, with both funds estimated to maintain a stable net asset value (NAV) of $1.00 per share. Reorganization costs will be shared evenly between both funds, and neither fund will charge sales fees for acquiring shares during this process. The Reorganization has been approved by the Board after extensive review of the benefits to shareholders and is anticipated to reduce the indirect expenses for Selling Fund shareholders moving forward.

Form Type: 497

Filing Date: 2025-04-30

Corporate Action: Merger

Type: New

Accession Number: 000119312525105088

Filing Summary: On April 30, 2025, the Board of Trustees of the State Street Institutional Investment Trust approved the merger of the State Street Institutional Liquid Reserves Government Money Market Fund (the 'Selling Fund') into the State Street Institutional U.S. Government Money Market Fund (the 'Buying Fund'). This Reorganization is expected to occur around June 13, 2025, and will not require a shareholder vote. Post-merger, the shareholders of the Selling Fund will automatically become shareholders of the Buying Fund. The assets, liabilities, and obligations of the Selling Fund will be transferred to the Buying Fund in exchange for shares of the Buying Fund, distributed pro rata to the Selling Fund's shareholders. Detailed information will be provided in an information statement/prospectus which is set to be mailed to shareholders in May 2025. This document serves as a supplement to the summary prospectuses and prospectuses dated April 30, 2025.

Form Type: 497K

Filing Date: 2025-04-30

Corporate Action: Merger

Type: New

Accession Number: 000119312525105089

Filing Summary: The document details the approval by the Board of Trustees of the State Street Institutional Investment Trust for the merger (termed 'Reorganization') of the State Street Institutional Liquid Reserves Government Money Market Fund with the State Street Institutional U.S. Government Money Market Fund. The Reorganization is expected to take place on or about June 13, 2025, and will occur without requiring a shareholder vote. Shareholders of the Selling Fund will transform into shareholders of the Buying Fund, receiving shares of the Buying Fund equivalent to the value of their shares in the Selling Fund at the time of the Reorganization. An information statement/prospectus outlining detailed terms of the Reorganization is expected to be mailed to shareholders in May 2025. The document stresses that the determinations and timelines are subject to change and clarifies that it does not constitute an offer or solicitation regarding the sale of shares of the Buying Fund.

Form Type: N-14

Filing Date: 2025-04-01

Corporate Action: Merger

Type: New

Accession Number: 000119312525070515

Filing Summary: On April 1, 2025, State Street Institutional Investment Trust filed a registration statement for a merger involving the State Street Institutional Liquid Reserves Government Money Market Fund (the 'Selling Fund') and the State Street Institutional U.S. Government Money Market Fund (the 'Buying Fund'). The Board of Trustees approved the merger, termed the 'Reorganization', aimed at streamlining fund offerings and reducing costs for shareholders. The Reorganization does not require shareholder approval and is expected to be completed around June 13, 2025. Shareholders of the Selling Fund will exchange their shares for shares in the Buying Fund, maintaining a net asset value of $1.00 per share post-merger. Importantly, the Reorganization is intended to be tax-free for U.S. federal income tax purposes, although this treatment may be contested by the IRS or a court. The decision to merge was made to enhance investment management efficiencies and to potentially attract additional investment to reduce fund expenses.

Form Type: 497

Filing Date: 2025-02-12

Corporate Action: Merger

Type: New

Accession Number: 000119312525024458

Filing Summary: The Board of Trustees of State Street Institutional Investment Trust has approved the merger (the 'Reorganization') of the State Street Institutional Liquid Reserves Fund (the 'Selling Fund') with and into State Street Institutional U.S. Government Money Market Fund (the 'Buying Fund'). The merger is scheduled for approximately June 13, 2025, and will occur without a shareholder vote. Following the Reorganization, shareholders of the Selling Fund will automatically become shareholders of the Buying Fund and will receive shares equivalent in value to their shares in the Selling Fund at the time of the merger. The Selling Fund will be renamed State Street Institutional Liquid Reserves Government Money Market Fund around March 7, 2025. An information statement/prospectus detailing the definitive terms of the proposed Reorganization is expected to be sent to shareholders in May 2025. Shareholders can obtain further information and a free copy of the information statement/prospectus once it is filed with the SEC by calling 1-877-521-4083 or visiting the SEC's website.

Form Type: 497K

Filing Date: 2025-02-12

Corporate Action: Merger

Type: Update

Accession Number: 000119312525024460

Filing Summary: On February 12, 2025, State Street Institutional Investment Trust announced a merger, referred to as the Reorganization, between the State Street Institutional Liquid Reserves Fund (the 'Selling Fund') and the State Street Institutional U.S. Government Money Market Fund (the 'Buying Fund'). The Reorganization is scheduled to take place around June 13, 2025, without requiring a shareholder vote. Following the Reorganization, the shareholders of the Selling Fund will automatically become shareholders of the Buying Fund, receiving shares equivalent in value to their current shares in the Selling Fund. The Buying Fund will be rebranded as the State Street Institutional Liquid Reserves Government Money Market Fund around March 7, 2025. Shareholders will receive proxy and definitive terms of the Reorganization via an information statement/prospectus expected to be distributed in May 2025. The document emphasizes that this is not an offer or solicitation for the purchase of shares of the Buying Fund, and details on fees, expenses, and risk considerations will be included in the forthcoming information statement/prospectus.