# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0001999371-26-011513
**Filing Date:** 2026-5
**Character Count:** 4210
**Document Hash:** 840ad983bea2e52cc7bfabd73c16c6b1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-011513.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0001999371-26-011513

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**EFFECTIVENESS DATE**: 20260527

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust III
- **CENTRAL INDEX KEY:** 0001722388

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-221764
- **FILM NUMBER:** 261023711

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** 4694428424

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Impact Shares Trust I
- **DATE OF NAME CHANGE:** 20180319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Impact Shares Funds I Trust
- **DATE OF NAME CHANGE:** 20171113

## Series and Classes Contracts Data

### Fundstrat Granny Shots US Large Cap & Income ETF (Series ID: S000096525)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                       | Ticker Symbol | Class ID   |
| Fundstrat Granny Shots US Large Cap & Income ETF | GRNI          | C000265405 |

---

### Fundstrat Granny Shots US Small- & Mid-Cap ETF (Series ID: S000096526)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                     | Ticker Symbol | Class ID   |
| Fundstrat Granny Shots US Small- & Mid-Cap ETF | GRNJ          | C000265406 |

---

## Series and Classes Contracts Data

### Fundstrat Granny Shots US Large Cap & Income ETF (Series ID: S000096525)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000265405 | Fundstrat Granny Shots US Large Cap & Income ETF | GRNI            |

### Fundstrat Granny Shots US Small- & Mid-Cap ETF (Series ID: S000096526)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000265406 | Fundstrat Granny Shots US Small- & Mid-Cap ETF | GRNJ            |

Filed pursuant to Rule 497(e)

Registration Nos. 333-221764, 811-23312

![](fundstratlogo.jpg)

Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ)

Fundstrat Granny Shots US Large Cap & Income ETF (GRNI)

(the "Fund")

*listed on NYSE Arca Inc.*

May 27, 2026

**Supplement to the Statement of Additional Information,** 

**dated November 10, 2025**

*Effective immediately, the section titled "Portfolio Manager Compensation" is amended and restated with the following disclosure:*

 

The Sub-Adviser's compensation philosophy is designed to align portfolio manager incentives with the long-term interests of Fund shareholders. Thomas J. Lee, CFA, Chief Investment Officer and lead Portfolio Manager, as a beneficial owner of TLJB LLC (the parent holding company of the Sub-Adviser), receives compensation derived from his ownership interest, which includes a monthly owner's draw from the Sub-Adviser's affiliate, Fundstrat Global Advisors. While a portion of the owner's draw is allocated from the affiliate to the Sub-Adviser based upon Mr. Lee's monthly hours worked for the Sub-Adviser, Mr. Lee's primary incentive alignment is through his ownership interest. Ken Xuan, CFA, FRM, Portfolio Manager, receives as salary from the Sub-Adviser's affiliate Fundstrat Global Advisors. A portion of Mr. Xuan's compensation is allocated from and based on his monthly hours worked for the Sub-Adviser plus a discretionary bonus tied to the overall economics of the Sub-Adviser and to his overall individual contribution. Importantly, there are no short-term, Fund-performance-based incentives that could encourage undue risk-taking included in either Portfolio Manager's compensation structure. All purchases of shares of the Funds by Sub-Adviser personnel, including the Portfolio Managers, are subject to pre-approval under the Sub-Adviser's Code of Ethics.

**Please retain this Supplement for future reference.**