Supplement dated February 11, 2026 to the
Prospectus and Statement of Additional Information, each dated January 20, 2026.
Shares of each Fund listed below are not currently offered or available for purchase on the secondary market.
| Tradr 2X Short AAL Daily ETF |
| Tradr 2X Short ACHR Daily ETF |
| Tradr 2X Short ALAB Daily ETF |
| Tradr 2X Short AMZN Daily ETF |
| Tradr 2X Short ANF Daily ETF |
| Tradr 2X Short BLSH Daily ETF |
| Tradr 2X Short CAR Daily ETF |
| Tradr 2X Short CLSK Daily ETF |
| Tradr 2X Short CRDO Daily ETF |
| Tradr 2X Short FLY Daily ETF |
| Tradr 2X Short JOBY Daily ETF |
| Tradr 2X Short NNE Daily ETF |
| Tradr 2X Short OPEN Daily ETF |
| Tradr 2X Short QS Daily ETF |
| Tradr 2X Short QUBT Daily ETF |
| Tradr 2X Short TEM Daily ETF |
| Tradr 2X Short UPST Daily ETF |
| Tradr 2X Short W Daily ETF |
| Tradr 2X Short WULF Daily ETF |
Each a series of Investment Managers Series Trust II
Please retain this Supplement for future reference.