Investment Managers Series Trust II – Tradr 2X Long CIEN Daily ETF is a U.S.-listed, non-diversified series of Investment Managers Series Trust II, a Delaware statutory trust headquartered in Milwaukee, Wisconsin, that provides exchange-traded investment products. Operating under the Tradr ETFs brand, the Fund offers a single-stock leveraged ETF designed principally for sophisticated investors and professional traders seeking tactical, high-conviction exposure to Ciena Corp. (NYSE: CIEN). The Fund’s core service is the issuance and redemption of exchange-traded shares that seek investment results, before fees and expenses, corresponding to 200% of Ciena’s daily share-price performance; it obtains such exposure principally through financial derivatives, including swap agreements, rather than by seeking to replicate Ciena’s long-term stock performance directly. Shares trade on Cboe under the ticker CIEX and are available through brokerage platforms in the United States. The Fund resets its targeted leverage daily and is intended as a short-term trading vehicle; its returns over periods longer than one trading day can differ materially from twice the cumulative return of Ciena due to daily rebalancing, volatility and compounding effects. CIEX was launched on July 1, 2026, as part of Tradr ETFs’ expansion of its leveraged single-stock product range, alongside 2X long funds tied to Quantinuum, Rambus, Tower Semiconductor and TTM Technologies. The launch represents the Fund’s principal recent operational development and expands Tradr’s offerings in technology, networking, semiconductor and related growth-equity trading strategies. ALPS Distributors Inc. distributes the Fund’s shares and is not affiliated with AXS Investments or its Tradr ETFs business.