# EDGAR Filing Document

**Accession Number:** 0001936157
**File Stem:** 0001999371-26-012843
**Filing Date:** 2026-6
**Character Count:** 3117
**Document Hash:** d13087a1b12e3551ba5006cc1350d681
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-012843.hdr.sgml**: 20260615

**ACCESSION NUMBER**: 0001999371-26-012843

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260615

**DATE AS OF CHANGE**: 20260615

**EFFECTIVENESS DATE**: 20260615

**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:** 261090507

**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

### TrueShares Quarterly Bear Hedge ETF (Series ID: S000085520)

---

|  |  |  |
|:---|:---|:---|
| Class Name                          | Ticker Symbol | Class ID   |
| TrueShares Quarterly Bear Hedge ETF | QBER          | C000250805 |

---

## Series and Classes Contracts Data

### TrueShares Quarterly Bear Hedge ETF (Series ID: S000085520)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000250805 | TrueShares Quarterly Bear Hedge ETF | QBER            |

**TrueShares Quarterly Bear Hedge ETF (QBER)**

(the "Fund")

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

*Supplement dated June 15, 2026 to the* 

*Prospectus, Summary Prospectus and Statement of Additional Information ("SAI"), each dated February 27, 2026,*

*as may be supplemented and/or revised from time to time.*

Effective June 1, 2026, the interim advisory agreement (the "Interim Agreement") entered into by and between the Trust, on behalf of the Fund, and TrueMark Investments, LLC (the "Adviser") expired prior to shareholders approving a new advisory agreement (the "New Agreement"). After the expiration of the Interim Agreement, and without shareholder approval of the New Agreement, there is no longer an advisory agreement between the Trust, on behalf of the Fund, and the Adviser.

Effective June 1, 2026, in consideration of the Trust's agreement to continue Fund operations, and in order to protect the interests of Fund shareholders and continue the orderly operations of the Fund, the Adviser has entered into an agreement (the "Agreement") with the Trust, on behalf of the Fund, whereby the Adviser has agreed to continue to manage the assets of the Fund and perform all services required by the Interim Agreement for no compensation.

The Agreement shall remain in effect until the earlier of: (i) the New Agreement is approved by shareholders, (ii) the Fund is liquidated, or (iii) the Adviser resigns as Fund investment adviser following 60 days' written notice to the Trust.

\* \* \*

 

PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.