Company: MYI
Filing Date: 2025-09-05
Form Type: 424B3
Source: 0001193125-25-196285
Chunk: 309

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-09-05
Form: 424B3
Chunk 309
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 value $0.05, with a liquidation preference of $25,000, plus an amount equal to all accumulated but unpaid dividends (whether or not earned or declared) (the “Acquiring Fund AMPS Series E Shares”), 2,400 shares of Auction Market
Preferred Stock, Series F, par value $0.10, with a liquidation preference of $25,000, plus an amount equal to all accumulated but unpaid dividends (whether or not earned or declared) (the “Acquiring Fund AMPS Series F Shares”),
2,400 shares of Auction Market Preferred Stock, Series G, par value $0.10, with a liquidation preference of $25,000, plus an amount equal to all accumulated but unpaid dividends (whether or not earned or declared) (the “Acquiring Fund AMPS
Series G Shares”), 2,600 shares of Auction Market Preferred Stock, Series H, par value $0.10, with a liquidation preference of $25,000, plus an amount equal to all accumulated but unpaid dividends (whether or not earned or declared) (the
“Acquiring Fund AMPS Series H Shares”), and 3,564 shares of Series W-7 Variable Rate Demand Preferred Shares, par value $0.10, with a liquidation preference of $100,000 (the “Acquiring Fund
VRDP Shares” and together with the Acquiring Fund Common Shares, the Acquiring Fund AMPS Non-Series Shares, the Acquiring Fund AMPS Series A Shares, Acquiring Fund AMPS Series B Shares, Acquiring Fund
AMPS Series C Shares, Acquiring Fund AMPS Series D Shares, Acquiring Fund AMPS Series E Shares, Acquiring Fund AMPS Series F Shares, Acquiring Fund AMPS Series G Shares, and the Acquiring Fund AMPS Series H Shares, collectively the “Acquiring
Fund Shares”). Each issued and outstanding Acquiring Fund Share is fully paid and nonassessable, and has the voting rights provided by the Acquiring Fund’s charter, By-laws and applicable law.

(p) The books and records of the Acquiring Fund made available to the Target Fund and/or its counsel are substantially true
and correct and contain no material misstatements or omissions with respect to the operations of the Acquiring Fund.

(q)
The Acquiring Fund Shares to be issued to the Target Fund Shareholders pursuant to this Agreement will have been duly authorized and, when issued and delivered pursuant to this Agreement, will be legally and valid