Tidal ETF Trust II

06/05/2026 | Press release | Distributed by Public on 06/05/2026 14:00

Prospectus by Investment Company (Form 497)

Filed pursuant to Rule 497(e)

Registration Nos. 333-264478; 811-23793

HBDC Hilton BDC Corporate Bond ETF
listed on The Nasdaq Stock Market, LLC

June 5, 2026

Supplement to the Summary Prospectus,

Statutory Prospectus, and

Statement of Additional Information (the "SAI"),

each dated February 26, 2026

Effective immediately, Ben McCaig, Portfolio Manager for Tidal Investments LLC (the "Adviser"), a Tidal Financial Group company, the Fund's investment adviser, no longer serves as a portfolio manager to the Fund, and all references to Mr. McCaig in the Summary Prospectus, Prospectus and SAI are hereby deleted in their entirety.

Please retain this Supplement for future reference.

Tidal ETF Trust II published this content on June 05, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT) on June 05, 2026 at 20:00 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]