Daily Target 2X Long OKLO ETF

The Defiance Daily Target 2X Long OKLO ETF (referred to as "the Fund") seeks to provide investment results that correspond to two times (200%) the daily percentage change in the stock value of Oklo Inc. (NYSE: OKLO). Due to its objective of daily leveraged returns, this Fund operates distinctly from most conventional exchange-traded funds, and there is no guarantee that it will consistently meet its stated goal. It is important for investors to understand that the Fund is not expected to yield twice the cumulative performance of OKLO for holding periods extending beyond a single trading day.