M&A - World Funds Trust

Form Type: 497

Filing Date: 2025-04-10

Corporate Action: Merger

Type: New

Accession Number: 000199937125004109

Filing Summary: The document is a supplement dated April 10, 2025, providing additional information regarding the OTG Latin America Fund. It outlines the approval of an Agreement and Plan of Reorganization between the Fund and OTG Latin America ETF, an exchange-traded fund. The Fund's assets will be transferred to the Acquiring ETF in exchange for its shares while the Acquiring ETF assumes the Fund's liabilities. This reorganization will convert the mutual fund into an ETF, and shareholders will exchange their shares for those of the Acquiring ETF. The transaction is expected to be tax-free for federal income tax purposes, although cash payments for fractional shares may be taxable. Following the reorganization, the existing investment adviser will continue in that capacity for the Acquiring ETF, which is expected to offer a lower expense ratio and enhanced features. A Proxy Statement/Prospectus will be sent to shareholders detailing the terms and encouraging them to approve the agreement, with a shareholder meeting planned for June 12, 2025, for voting.

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