Company: MYI
Filing Date: 2025-07-15
Form Type: 425
Source: 0001193125-25-159406
Chunk: 9

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-07-15
Form: 425
Chunk 9
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, and pay for, an aggregate amount of up to 2.5% of its Shares outstanding as of July 8, 2025 (which were 57,335,699 Shares) that are properly tendered and not timely withdrawn in accordance with Section 6 prior to the Expiration Date. The term “Expiration Date” means 5:00 p.m., Eastern time, on August 15, 2025, unless the Fund, in its sole discretion, extends the period during which the Offer is open, in which case “Expiration Date” shall mean the time and date on which the Offer, as so extended by the Fund, shall expire. The Fund reserves the right in its sole discretion and for any reason to amend, extend or terminate the Offer prior to the time the Offer expires. See Section 16, “Amendments; Extensions of Purchase Period; Termination.” The Fund will not be obligated to purchase Shares pursuant to the Offer under certain circumstances. See Section 4, “Certain Conditions of the Offer.” The purchase price of the Shares will be 98% of the NAV per Share determined as of the close of the regular trading session of the NYSE on the next day the NAV is calculated after the Expiration Date (previously defined as the “Pricing Date”). On July 8, 2025, the NAV per Share was $7.21 and the last reported market price for a Share on the NYSE on such date was $6.58, representing a discount to NAV of (8.74)%. The NAV on the Pricing Date may be higher or lower than the NAV as of July 8, 2025, and the discount to NAV at which the Shares trade may be greater or lesser than the discount as of July 8, 2025. For the Fund’s most current NAV and market price per Share, you may view online at https://www.blackrock.com/us/individual/products/240201/blackrock-munivest-fund-inc-usd-fund. For additional questions or information during the pendency of this Offer, you may contact the Information Agent by calling (866) 961-8329,between the hours of 9:00 a.m. and 11:00 p.m., Eastern time, Monday through Friday (except holidays), and 12:00 p.m. and 6:00 p.m., Eastern time, on Saturday.Stockholders tendering Shares shall be entitled to receive all dividends with an “ex date