Company: MYI
Filing Date: 2025-09-02
Form Type: N-14 8C/A
Source: 0001193125-25-193985
Chunk: 27

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-09-02
Form: N-14 8C/A
Chunk 27
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 by MIY’s VRDP Holders voting as a separate class; |

| 3. | The approval of the MIY Reorganization Agreement and the transactions contemplated therein, including the                                                                        
 amendment to MYI Articles Supplementary in connection with the issuance of additional Acquiring Fund VRDP Shares, by Acquiring Fund VRDP Holders voting as a separate class; and |

| 4. | The approval of the Issuance with respect to the MIY Reorganization by the Acquiring Fund’s common 
 shareholders and Acquiring Fund VRDP Holders voting as a single class.                             |

The MVF Reorganization is contingent upon the following approvals: xiii

| 1. | The approval of the MVF Reorganization Agreement and the transactions contemplated therein, including the                                                                   
 termination of MVF’s registration under the 1940 Act and the dissolution of MVF under Maryland law, by MVF’s common shareholders and VMTP Holders voting as a single class; |

| 2. | The approval of the MVF Reorganization Agreement and the transactions contemplated therein, including the                                             
 termination of MVF’s registration under the 1940 Act and the dissolution of MVF under Maryland law, by MVF’s VMTP Holders voting as a separate class; |

| 3. | The approval of the MVF Reorganization Agreement and the transactions contemplated therein, including the                                                                       
 adoption of MYI Articles Supplementary in connection with the issuance of additional Acquiring Fund VRDP Shares, by Acquiring Fund VRDP Holders voting as a separate class; and |

| 4. | The approval of the Issuance with respect to the MVF Reorganization by the Acquiring Fund’s common 
 shareholders and Acquiring Fund VRDP Holders voting as a single class.                             |

Each Reorganization is not contingent upon the approval of any other Reorganization. If a Reorganization is not consummated, the Fund for which such Reorganization(s) was not consummated would continue to exist and operate on a standalone basis. If the requisite shareholder approvals for a Reorganization are not obtained or a Reorganization is not otherwise consummated, the Board of the Fund for which such Reorganization(s) were not consummated may take such actions as it deems in the best interests of the Fund, including conducting additional solicitations with respect to the Reorganization(s) or continuing to operate the Fund as a standalone Maryland corporation registered under the 1940 Act as a closed-endmanagement investment company advised by the