RULE PROVISION NOTICE

FORM 25-NSE - EXHIBIT 99.25

Exchange:          Cboe BZX Exchange, Inc.
Issuer:            Investment Managers Series Trust II
Class of Security: Tradr 2X Short SMR Daily ETF
Ticker Symbol:     SMZ

Rule Provision:    17 CFR 240.12d2-2(a)(2)
Delisting Type:    Voluntary

Suspension Date:                  October 20, 2026
Delisting Effective Date:        October 20, 2026
Liquidation (Redemption) Date:   October 22, 2026

Cboe BZX Exchange, Inc. notifies the Securities and Exchange Commission
of the removal of the above class of securities from listing and
registration on the Exchange pursuant to 17 CFR 240.12d2-2(a)(2),
effective October 20, 2026.