Notice to Noteholders from Lfeeder Designated Activity Company

Lfeeder Designated Activity Company has issued an important notice to noteholders of its Series LF32 USD 50,000,000 Bit5ive Mining Notes due 2052. The information, shared under Regulation (EU) No. 596/2014, highlights the potential liquidation of Bit5ive Mining Fund KY Feeder Ltd, the underlying entity linked to the notes.

The issuer disclosed that only USD 275,000 of the notes were placed with investors, and the entire amount has been spent on structural setup and related expenses. The underlying entity is contemplating repurchasing its shares at a nominal value of USD 1.00, a move prompted by underperformance. Affected noteholders may expect zero return if the notes are redeemed following the potential liquidation.

Lfeeder indicates that further updates may be provided should new information arise. Noteholders are advised to seek independent financial advice, as the trustee has not verified the notice's details and accepts no responsibility for its accuracy.