# EDGAR Filing Document

**Accession Number:** 0001722388
**File Stem:** 0001999371-25-007743
**Filing Date:** 2025-6
**Character Count:** 4710
**Document Hash:** 0302843eb3f3a10de4177983c1e39480
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-007743.hdr.sgml**: 20250613

**ACCESSION NUMBER**: 0001999371-25-007743

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 14

**FILED AS OF DATE**: 20250613

**DATE AS OF CHANGE**: 20250613

**EFFECTIVENESS DATE**: 20250613

**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:** 251045234

**BUSINESS ADDRESS:**
- **STREET 1:** CORPORATION TRUST CENTER 1209 ORANGE ST
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801
- **BUSINESS PHONE:** 4694428424

**MAIL ADDRESS:**
- **STREET 1:** CORPORATION TRUST CENTER 1209 ORANGE ST
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19801

**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

### Impact Shares YWCA Women's Empowerment ETF (Series ID: S000061285)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                 | Ticker Symbol | Class ID   |
| Impact Shares YWCA Women's Empowerment ETF | WOMN          | C000198447 |

---

### Impact Shares NAACP Minority Empowerment ETF (Series ID: S000061286)

---

|  |  |  |
|:---|:---|:---|
| Class Name                                   | Ticker Symbol | Class ID   |
| Impact Shares NAACP Minority Empowerment ETF | NACP          | C000198448 |

---

## Series and Classes Contracts Data

### Impact Shares YWCA Women's Empowerment ETF (Series ID: S000061285)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000198447 | Impact Shares YWCA Women's Empowerment ETF | WOMN            |

### Impact Shares NAACP Minority Empowerment ETF (Series ID: S000061286)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000198448 | Impact Shares NAACP Minority Empowerment ETF | NACP            |

?xml version='1.0' encoding='ASCII'?

**Filed pursuant to Rule 497(e) File Nos. 333-221764 and 811-23312**

**Impact Shares NAACP Minority Empowerment ETF** Ticker: NACP – NYSE Arca, Inc.

**Impact Shares YWCA Women's Empowerment ETF** Ticker: WOMN – NYSE Arca, Inc.

(each a "Fund", collectively the "Funds")

**June 13, 2025**

**Supplement to the Summary Prospectuses, Prospectus and Statement of Additional Information ("SAI"), each dated October 28, 2024** 

*Effective as of June 27, 2025 (the "Effective Date"), the Impact Shares YWCA Women's Empowerment ETF's name will change as shown in the following chart. Accordingly, as of the Effective Date, all references to the Fund's name in the Summary Prospectus, Prospectus and SAI are deleted and replaced with the new name as shown in the following chart.*

Current Name <u>New Name</u> <br> <u>Impact Shares YWCA Women's Empowerment ETF</u> <u>Impact Shares Women's Empowerment ETF</u>

*As of the Effective Date, Impact Shares Corp. will no longer serve as sub-adviser to the Funds. Accordingly, as of the Effective Date, all references in the Summary Prospectuses, Prospectus and SAI to Impact Shares Corp. serving as sub-adviser to the Funds are removed. In addition, as of the Effective Date, all responsibilities of Impact Shares Corp. detailed in the Summary Prospectuses, Prospectus and SAI are the responsibility of the Funds' investment adviser, Tidal Investments LLC.*

 

*As of the Effective Date, the section of the Prospectus titled "Sponsorship Agreement" is removed.* 

*As of the Effective Date, Ethan Powell will no longer serve as portfolio manager for the Funds. Accordingly, as of the Effective Date, all references to Ethan Powell as portfolio manager for the Funds in the Summary Prospectuses, Prospectus and SAI are removed.*

*As of the Effective Date, Mr. Ethan Powell has been determined to qualify as an Independent Trustee of Tidal Trust III (the "Trust"), as that term is defined under the Investment Company Act of 1940, as amended. Accordingly, all references to Mr. Powell as an Interested Trustee of the Trust in the SAI are amended and restated to reflect Mr. Powell's status as an Independent Trustee. In addition, under the Trust's current compensation policy for its Independent Trustees, it is estimated that Mr. Powell will earn $45,000 over the twelve month period following the Effective Date.*

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