Investment Managers Series Trust II – Tradr 2X Long LEU Daily ETF is a United States-domiciled, non-diversified exchange-traded fund that provides leveraged, single-stock exposure to Centrus Energy Corp. (NYSE: LEU). The Fund seeks daily investment results, before fees and expenses, corresponding to 200% of the daily performance of Centrus Energy common shares. It maintains at least 80% exposure to financial instruments designed to provide two times the daily return of LEU and principally uses derivative instruments, including swap agreements, to obtain its targeted leveraged exposure. The Fund is managed by AXS Investments LLC and marketed under the Tradr ETFs platform to sophisticated investors, professional traders and other market participants seeking tactical exposure to the daily performance of a uranium-fuel and nuclear-energy-related equity. Investment Managers Series Trust II is a Delaware statutory trust headquartered in Milwaukee, Wisconsin. The Fund was formed on February 18, 2026, and began trading on Cboe under the ticker symbol LEUX on February 19, 2026. Its principal recent development is its February 2026 launch as part of Tradr ETFs’ expansion of first-to-market leveraged single-stock ETF offerings, alongside funds linked to CleanSpark Inc. and Coherent Corp.