ARK Venture Fund and ARK Investment Management LLC

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Securities and Exchange Commission [Investment Company Act Release No. 36308; 812-16031] August 24, 2026. AGENCY: Securities and Exchange Commission (“Commission” or “SEC”). ACTION: Notice. Notice of an application to amend a prior order under section 6(c) of the Investment Company Act of 1940 (the “Act”) for an exemption from sections 18(a)(2), 18(c) and 18(i) of the Act, under sections 6(c) and 23(c) of the Act for an exemption from rule 23c-3 under the Act, and for an order pursuant to section 17(d) of the Act and rule 17d-1 under the Act. Summary of Application: Applicants request an order (“Order”) to amend and supersede a prior order that permits certain registered closed-end management investment companies (“funds”) to issue multiple classes of shares and to impose asset-based distribution and/or service fees and early withdrawal charges (“Prior Order”). In applying for the Prior Order, the applicants represented that “[s]hares of the [f]unds will not be listed on any securities exchange, nor quoted on any quotation medium, and the [f]unds do not expect there to be a secondary trading market for their shares.” Applicants seek to amend the Prior Order so that the funds may now offer (i) a class of shares (“Exchange Class”) listed on a national securities exchange (an “Exchange”), and (ii) a class of tokenized shares (“Tokenized Class”) traded on one or…