Company: MYI
Filing Date: 2025-09-02
Form Type: N-14 8C/A
Source: 0001193125-25-193985
Chunk: 39

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-09-02
Form: N-14 8C/A
Chunk 39
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 the 1940 Act, and the liquidation, dissolution and termination
of MIY in accordance with its charter and Maryland law (the “MIY Reorganization”).

Proposal 1(D): The VRDP Holders of
MIY are being asked to vote as a separate class on a proposal to approve the MIY Reorganization Agreement and the MIY Reorganization.

Proposal 1(E): The common shareholders and VMTP Holders of MVF are being asked to vote as a single class on a proposal
to approve an Agreement and Plan of Reorganization between MVF and the Acquiring Fund (the “MVF Reorganization Agreement” and collectively with the MVT Reorganization Agreement and MIY Reorganization Agreement, the “Reorganization
Agreements”) and the transactions contemplated therein, including (i) the acquisition by the Acquiring Fund of substantially all of MVF’s assets and the assumption by the Acquiring Fund of substantially all of MVF’s
liabilities in exchange solely for newly issued common shares and VRDP Shares of the Acquiring Fund, which will be distributed to the common shareholders (although cash may be distributed in lieu of fractional common shares) and VMTP Holders,
respectively, of MVF, and which shall constitute the sole consideration to be distributed or paid to the common shareholders (although cash may be distributed in lieu of fractional common shares) and the VMTP Holders in respect of their common
shares and VMTP Shares, respectively, and (ii) the termination by MVF of its registration under the 1940 Act, and the liquidation, dissolution and termination of MVF in accordance with its charter and Maryland law (the “MVF
Reorganization” and collectively with the MVT Reorganization and the MIY Reorganization, the “Reorganizations”).

Proposal 1(F): The VMTP Holders of MVF are being asked to vote as a separate class on a proposal to approve the MVF Reorganization
Agreement and the MVF Reorganization.

Proposal 1(G): The VRDP Holders of the Acquiring Fund are being asked to vote as a separate class on a proposal to approve the MVT
Reorganization Agreement and the transactions contemplated therein, including the adoption of Articles Supplementary of Variable Rate Demand Preferred Shares of the Acquiring Fund (“MYI Articles Supplementary”) in connection with the
issuance of additional Acquiring Fund VRDP Shares.

Proposal 1(H): The VRDP Holders of the Acquiring Fund are being asked to vote