Clarification Regarding SpringOwl Technology Partners

SpringOwl Asset Management LLC is providing this clarification regarding certain historical references to “SpringOwl Technology Partners.”

“SpringOwl Technology Partners” was a proposed concept that was considered but was never formally launched or established as a separate business, investment vehicle, or legal entity.

No entity named SpringOwl Technology Partners LLC was ever formed.

Certain third-party materials published in January 2025 incorrectly identified “SpringOwl Technology Partners LLC” as an investor in or acquirer of Qryptonic.

Those statements were inaccurate.

SpringOwl Technology Partners LLC did not make an investment in Qryptonic, did not acquire Qryptonic, and did not obtain a controlling or other ownership interest in Qryptonic.

SpringOwl Asset Management LLC is providing this clarification so that organizations relying upon the inaccurate historical information may correct their records.