Investment Managers Series Trust II – Tradr 2X Short COHR Daily ETF is an actively managed, U.S.-domiciled exchange-traded fund that seeks daily investment results, before fees and expenses, equal to -200% of the daily performance of the common shares of Coherent Corp. (NYSE: COHR). The Fund provides leveraged inverse single-stock exposure through derivatives and other investment instruments and is designed as a short-term tactical trading vehicle for sophisticated investors and professional traders seeking to express a bearish view on Coherent Corp.; it does not seek to achieve its stated objective over periods longer than one trading day. The Fund trades on Cboe under the ticker COHQ, has CUSIP 46152N736, offers listed options, and charges an annual expense ratio of 1.49%. COHQ was established on August 17, 2026, under Investment Managers Series Trust II and is offered under the Tradr ETFs brand. Its principal service is providing exchange-traded, 2x inverse daily exposure to Coherent Corp., a company operating in optical communications, materials and semiconductor-related markets. The Fund’s use of leverage, inverse exposure and derivatives can magnify gains and losses, and returns over periods longer than a day may differ materially from -200% of Coherent’s cumulative performance. The Fund’s latest major development was its August 2026 launch as one of four first-to-market Tradr single-stock leveraged ETFs introduced on Cboe, alongside funds linked to Meta Platforms, AXT and Lightwave Logic; the launch expanded Tradr ETFs’ leveraged product line to 83 ETFs. COHQ also complements the Tradr 2X Long COHR Daily ETF, enabling investors to access both bullish and bearish leveraged strategies on Coherent shares through brokerage platforms.