# EDGAR Filing Document

**Accession Number:** 0001936157
**File Stem:** 0001999371-26-010363
**Filing Date:** 2026-5
**Character Count:** 3499
**Document Hash:** 5565a2dcc80a0bc83f813c2fc2d5cd6f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-010363.hdr.sgml**: 20260508

**ACCESSION NUMBER**: 0001999371-26-010363

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260508

**DATE AS OF CHANGE**: 20260508

**EFFECTIVENESS DATE**: 20260508

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Elevation Series Trust
- **CENTRAL INDEX KEY:** 0001936157

**ORGANIZATION NAME:**
- **EIN:** 882465192
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-265972
- **FILM NUMBER:** 26959342

**BUSINESS ADDRESS:**
- **STREET 1:** 1700 BROADWAY
- **STREET 2:** SUITE 2100
- **CITY:** DENVER
- **STATE:** CO
- **BUSINESS PHONE:** 7202128740

**MAIL ADDRESS:**
- **STREET 1:** 1700 BROADWAY
- **STREET 2:** SUITE 2100
- **CITY:** DENVER
- **STATE:** CO

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Consortio Funds Trust
- **DATE OF NAME CHANGE:** 20220630

## Series and Classes Contracts Data

### RiverNorth Enhanced Pre-Merger SPAC ETF (Series ID: S000092118)

---

|  |  |  |
|:---|:---|:---|
| Class Name                              | Ticker Symbol | Class ID   |
| RiverNorth Enhanced Pre-Merger SPAC ETF | SPCZ          | C000260041 |

---

## Series and Classes Contracts Data

### RiverNorth Enhanced Pre-Merger SPAC ETF (Series ID: S000092118)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000260041 | RiverNorth Enhanced Pre-Merger SPAC ETF | SPCZ            |

**Important Notice Regarding Change in Investment Policy**

RiverNorth Enhanced Pre-Merger SPAC ETF ("SPCZ") (the "Fund")

A series of Elevation Series Trust (the "Trust")

*Supplement dated May 8, 2026, to the Summary Prospectus, Prospectus, and*

*Statement of Additional Information ("SAI") dated April 30, 2026.* 

 

Effective on or shortly after July 7, 2026, the Fund's investment strategy will be revised to provide exposure to a wider range of investments and the Fund's investment objective will be changed from "seeks to preserve capital and provide incremental total return" to "seeks to provide consistent total return while limiting correlation to the equity markets." The Fund will also discontinue its current 80% investment policy, which is presented below.

"Under normal circumstances, at least 80% of the Fund's net assets, plus borrowings for investment purposes, are invested in pre-merger special purpose acquisition companies (along with the warrants or rights issued in connection with the initial public officer of special purpose acquisition companies)."

Additionally, effective on or shortly after July 7, 2026, the Fund will be renamed as the RiverNorth Market Neutral ETF and its ticker symbol will change to RNMN.

Additional information will be provided to shareholders once the changes are effective.

If you have questions or need assistance, please contact your financial advisor directly or the Fund at (877) 774-TRUE (8783).

\* \* \*

**This Supplement and the Summary Prospectus, Prospectus, and Statement of Additional Information dated April 30, 2026, provide relevant information for all shareholders and should be retained for future reference. Both the Prospectus and the Statement of Additional Information have been filed with the Securities and Exchange Commission and are incorporated by reference and can be obtained without charge by calling the Fund at (877) 774-TRUE (8783).**<br>