# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0001999371-26-008405
**Filing Date:** 2026-4
**Character Count:** 4471
**Document Hash:** 7272d5683013c4b47a3490e87f3fb00d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-008405.hdr.sgml**: 20260416

**ACCESSION NUMBER**: 0001999371-26-008405

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260416

**DATE AS OF CHANGE**: 20260416

**EFFECTIVENESS DATE**: 20260416

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust II
- **CENTRAL INDEX KEY:** 0001924868

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

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-264478
- **FILM NUMBER:** 26867706

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 700
- **CITY:** MILWAUKEE
- **STATE:** WI
- **BUSINESS PHONE:** (844) 986-7676

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Tidal ETF Trust II
- **DATE OF NAME CHANGE:** 20220421

## Series and Classes Contracts Data

### Quantify 2X Daily Alt Season Crypto ETF (Series ID: S000097563)

---

|  |  |
|:---|:---|
| Class Name                              | Class ID   |
| Quantify 2X Daily Alt Season Crypto ETF | C000266756 |

---

## Series and Classes Contracts Data

### Quantify 2X Daily Alt Season Crypto ETF (Series ID: S000097563)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000266756 | Quantify 2X Daily Alt Season Crypto ETF |  |

Filed pursuant to Rule 497(e)

Registration Nos. 333-264478; 811-23793

Quantify 2X Daily Alt Season Crypto ETF (QXAS)<br> (the "Fund")<br> *Listed on NYSE Arca, Inc.*<br> April 16, 2026<br>

**Supplement to the Summary Prospectus dated January 20, 2026, and** 

**the Statutory Prospectus and Statement of Additional Information ("SAI"),** 

**each dated January 2, 2026**

Tidal Investments LLC ("Tidal"), the Fund's investment adviser, and Quantify Chaos Advisors, LLC d/b/a Quantify Funds ("Quantify"), the Fund's investment sub-adviser, informed the Board of Trustees (the "Board") of Tidal Trust II of their view that the Fund's closure and liquidation would be in the best interests of the Fund and its shareholders. The Board determined, after considering the recommendation of Tidal and Quantify, that it is in the best interests of the Fund and its shareholders to liquidate and terminate the Fund as described below.

In preparation for the liquidation, shares of the Fund will cease trading on NYSE Arca, Inc*.* ("NYSE") and will be closed to purchase by investors as of the close of regular trading on NYSE on April 23, 2026 (the "Closing Date"). The Fund will not accept purchase orders after the Closing Date.

Shareholders may sell their holdings in the Fund prior to the Closing Date and customary brokerage charges may apply to these transactions. However, from April 23, 2026 through April 30, 2026 (the "Liquidation Date"), shareholders may be able to sell their shares only to certain broker-dealers and there is no assurance that there will be a market for the Fund's shares during this time period. Between the Closing Date and the Liquidation Date, the Fund will be in the process of closing down and liquidating its portfolio. This process will result in the Fund increasing its cash holdings and, as a consequence, the Fund will no longer be pursuing its investment objective and principal investment strategies.

On or about the Liquidation Date, the Fund will liquidate its assets and distribute cash pro rata to all shareholders of record who have not previously redeemed or sold their shares, subject to any required withholding. Liquidation proceeds paid to shareholders generally should be treated as received in exchange for shares and will therefore be treated as a taxable event giving rise to a capital gain or loss depending on a shareholder's tax basis. Shareholders should contact their tax advisor to discuss the income tax consequences of the liquidation. In addition, these payments to shareholders may include distributions of accrued capital gains and dividends. As calculated on the Liquidation Date, the Fund's net asset value will reflect all transactional costs associated with its liquidation. Once the distributions are complete, the Fund will terminate.

\* \* \* \* \*

For more information, please contact the Funds at (844) 599-9888.

**Please retain this Supplement with your Summary Prospectus, Prospectus, and SAI.**