Item 8.01 Other Events

Crossroads Liquidating Trust (the "Liquidating Trust") has reported that it has completed the disposition of its investment in Spark Networks SE (NYSE American: LOV) ("Spark"). In July 2019, one of the Liquidating Trust's portfolio companies, Zoosk, Inc. ("Zoosk"), was acquired by Spark. In the transaction, all of the Liquidating Trust's shares of preferred stock in Zoosk were cancelled in exchange for 193,793 American Depository Shares ("ADSs") in Spark and $1,624,093 in cash consideration, $146,987 of which is subject to holdback and escrow restrictions until December 31, 2020 (the "Restricted Consideration"). There is no assurance that the Liquidating Trust will receive any or all of such Restricted Consideration.

As of December 31, 2019, the Liquidating Trust has sold its position in Spark ADSs for total net proceeds of $972,702.

The Liquidating Trust will issue an annual information statement to the holders of beneficial interest in the Liquidating Trust with information for their 2019 tax returns as soon as practicable. Additional information may be found in the Liquidating Trust's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission.

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