# EDGAR Filing Document

**Accession Number:** 0001762229
**File Stem:** 0001104659-26-032889
**Filing Date:** 2026-3
**Character Count:** 62644
**Document Hash:** 5e3fea6f0367011efa2c7b354a4e36a3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-032889.hdr.sgml**: 20260323

**ACCESSION NUMBER**: 0001104659-26-032889

**CONFORMED SUBMISSION TYPE**: SC TO-I/A

**PUBLIC DOCUMENT COUNT**: 20

**FILED AS OF DATE**: 20260323

**DATE AS OF CHANGE**: 20260320

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Yieldstreet Alternative Income Fund Inc.
- **CENTRAL INDEX KEY:** 0001762229

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92514
- **FILM NUMBER:** 26779728

**BUSINESS ADDRESS:**
- **STREET 1:** 300 PARK AVENUE, 15TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** (844) 943-5378

**MAIL ADDRESS:**
- **STREET 1:** 300 PARK AVENUE, 15TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** YieldStreet Prism Fund Inc.
- **DATE OF NAME CHANGE:** 20191113

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** YieldStreet Multi-Asset Fund Inc.
- **DATE OF NAME CHANGE:** 20181218
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Yieldstreet Alternative Income Fund Inc.
- **CENTRAL INDEX KEY:** 0001762229

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A

**BUSINESS ADDRESS:**
- **STREET 1:** 300 PARK AVENUE, 15TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** (844) 943-5378

**MAIL ADDRESS:**
- **STREET 1:** 300 PARK AVENUE, 15TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** YieldStreet Prism Fund Inc.
- **DATE OF NAME CHANGE:** 20191113

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** YieldStreet Multi-Asset Fund Inc.
- **DATE OF NAME CHANGE:** 20181218

**As filed with the Securities and Exchange Commission on March 20, 2026**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

------

**SCHEDULE TO**

Tender Offer Statement under Section 14(d)(1) or 13(e)(1)<br> of the Securities Exchange Act of 1934

(Amendment No. 1)

------

**YIELDSTREET ALTERNATIVE INCOME FUND INC.**

(Name of Subject Company (Issuer) AND Filing Person (Offeror))

**Common Stock, Par Value $0.001 per share**

(Title of Class of Securities)

N/A

(CUSIP Number of Class of Securities)<br> (Underlying Common Stock)

**William Majeski, Esq.**

**General Counsel**

**Yieldstreet Alternative Income Fund Inc.**

**245 Fifth Avenue, Suite 2100**

**New York, NY 10016**

(Name, address and telephone number of person authorized to receive notices and communications on behalf of filing person)

------

***Copies to:***

**Nicole Simon, Esq.**

**Stradley Ronon Stevens & Young, LLP**

**100 Park Avenue, Ste. 2000**

**New York, NY 10017**

**Tel: (212)812-4137**

------

Check the appropriate boxes below to designate any transactions to which the statement relates:

---

| | |
|:---|:---|
| ◻ | Third-party tender offer subject to Rule 14d-1. |
| ⌧ | Issuer tender offer subject to Rule 13e-4. |
| ◻ | Going-private transaction subject to Rule 13e-3. |
| ◻ | Amendment to Schedule 13D under Rule 13d-2. |

---

If applicable, check the appropriate box(es) below to designate the appropriate rule provision(s) relied upon:

◻ Rule 13e-4(i) (Cross-Border Issuer Tender Offer) <br> ◻ Rule 14d-1(d) (Cross-Border Third-Party Tender Offer)

◻ Check the box if the filing is a final amendment reporting the results of the tender offer.

This Amendment No. 1 (this "Amendment") amends and supplements the Issuer Tender Offer Statement on Schedule TO filed with the Securities and Exchange Commission (the "Commission") by Yieldstreet Alternative Income Fund, a Maryland corporation (the "Company"), on February 19, 2026 (the "Schedule TO") and relates to an offer by the Company to purchase up to 454,503 shares of its issued and outstanding common stock, par value $0.001 per share (the "Shares") in exchange for cash at a price equal to the net asset value ("NAV") per Share (the "Purchase Price") determined as of the close of business on the day the offer expires (the "Expiration Date"), upon the terms and subject to the conditions set forth in the Offer to Purchase, dated February 19, 2026 (the "Original Offer to Purchase"), and in the related Letter of Transmittal (including Instructions to the Letter of Transmittal), copies of which were previously filed as exhibits to the Schedule TO, and in the Supplement No. 1 to the Offer to Purchase, dated March 20, 2026 (the "Supplement" and together with the Original Offer to Purchase, the "Offer to Purchase"), a copy of which is filed as Exhibit 99(a)(1)(E) to this Amendment.

This Amendment is being filed in satisfaction of the requirements of Rule 13e-4(c)(1) and (c)(3) promulgated under the Securities Exchange Act of 1934, as amended. Except as specifically provided herein, the information contained in the Schedule TO remains unchanged and this Amendment does not modify any of the information previously reported on the Schedule TO. Capitalized terms used herein and not otherwise defined have the meanings ascribed to such terms in the Offer to Purchase or the Schedule TO. This Amendment should be read together with the Schedule TO and the Offer to Purchase.

The Schedule TO is hereby amended and supplemented as follows:

**Item 1 through Item 9 and Item 11.**

The Company has determined to extend the Expiration Date of the Offer from 4:00 p.m., Eastern Time, on March 20, 2026, to 4:00 p.m., Eastern Time, on April 6, 2026, unless further extended by the Company. Therefore, Item 1 through Item 9 and Item 11 of the Schedule TO, to the extent such Items incorporate by reference the information contained in the Offer to Purchase, are hereby amended and supplemented by adding the following text thereto:

"On March 20, 2026, the Company extended the Expiration Date of the Offer. The Offer was previously scheduled to expire at 4:00 p.m., Eastern Time, on March 20, 2026. The Expiration Date of the Offer has been extended to 4:00 p.m., Eastern Time, on April 6, 2026, unless further extended by the Company. As of 3:00 p.m., Eastern Time on March 20, 2026, 2,873,330 shares of the Company have been validly tendered pursuant to the Offer and not properly withdrawn.

As a result of the extension of the Expiration Date, the determination of the net asset value per Share will be determined as of the close of business on April 6, 2026 (the Expiration Date), unless the Offer is further extended. In addition, as a result of the extension of the Expiration Date, shareholders that tender Shares pursuant to the Offer will not be entitled to receive any dividend or distribution with a record date on or after April 7, 2026.

A press release issued on March 19, 2026 is attached as Exhibit 99(a)(5)(A) to the Schedule TO and incorporated herein by reference. E-mails sent to investors on March 20, 2026, together with a Q&A, are attached as Exhibits 99(a)(5)(B) and 99(a)(5)(C), respectively, to the Schedule TO and incorporated herein by reference."

**Item 6.**

**Purposes of the Transaction and Plans or Proposals**

**Proposed Transactions**

On March 19, 2026, it was announced that the Company entered into a definitive agreement for Opportunistic Credit Interval Fund ("SOFIX" or the "Acquiring Fund") to acquire the assets of the Company (the "Asset Acquisition"). SOFIX is managed by Mount Logan Management, LLC ("MLM"), an indirect, wholly-owned subsidiary of Mount Logan Capital, Inc. ("MLCI"), subject to shareholder approval.

In addition to the Asset Acquisition, the Adviser and MLM have entered into a two-year Transition Services Agreement ("TSA") whereby MLM will receive access to certain books and records of the Company following the closing of the Asset Acquisition (the "Closing") in exchange for $2 million in cash and $1 million in newly issued common stock of MLCI at Closing, and up to $2 million in aggregate additional cash consideration paid ratably and quarterly over two years subject to certain requirements. The $1 million in newly issued common stock will be subject to lock-up provisions.

MLM also entered into a sub-advisory agreement ("SAA") to manage certain legacy funds managed by Willow Wealth (the Asset Acquisition, TSA and SAA collectively, the "Transactions").

**It is anticipated that the current Offer will be the last opportunity for you to tender your Shares prior to the Asset Acquisition.**

**Suspension of Offering of Shares**

In light of the proposed Asset Acquisition, the Company has suspended the offering of its shares for sale. The automatic distribution reinvestment plan will continue to operate for shareholders of Company who have elected to participate in the automatic distribution reinvestment plan.

**Impact of Quarterly Distribution**

In addition, the Board of Directors has authorized a regular quarterly distribution of $0.15 per Share to shareholders of record on March 24, 2026, to be paid on or about March 31, 2026 (the "Distribution"). The payment of a quarterly distribution (whether income or capital gain) has the effect of reducing the Company's net asset value per Share on the date following the record date by the exact amount of the distribution. The anticipated Distribution will have the effect of a $0.15 reduction in the net asset value per Share of the Company, which will be reflected in the March 25, 2026 net asset value per Share and will therefore impact the net asset value of Shares tendered in connection with this Offer. The most recently calculated net asset value per Share can be found in your Willow Wealth portfolio available at <u>www.willowwealth.com</u>.

In addition to the impact of the anticipated Distribution, shareholders should understand that the net asset value of the Shares tendered in this Offer will likely change between the most recent time net asset value was calculated and communicated to them and the net asset value of the Shares as of the Expiration Date (the relevant date for determining the value of the Shares tendered to the Fund for purposes of calculating the Purchase Price of such Shares) to reflect the Distribution and other fluctuations in value, and such change could be material. The net asset value per Share as of March 18, 2026 – which does not yet reflect the impact of the anticipated Distribution – was (unaudited) was $9.35.

\* \* \* \* \*

Accordingly, the information set forth in Item 6 of the Schedule TO is hereby amended and supplemented to include the foregoing information.

**Item 12(a).**

**Exhibits**

Item 12 of the Schedule TO is hereby amended and supplemented to add the following exhibits:

---

| | |
|:---|:---|
| [(a)(1)(E)](tm269489d1_ex99-xax1xe.htm) | [Supplement No. 1 to the Offer to Purchase, dated March 20, 2026](tm269489d1_ex99-xax1xe.htm) |
| [(a)(5)(A)](tm269489d1_ex99-xax5xa.htm) | [Press release issued on March 19, 2026](tm269489d1_ex99-xax5xa.htm) |
| [(a)(5)(B)](tm269489d1_ex99-xax5xb.htm) | [E-mail communications sent March 20, 2026](tm269489d1_ex99-xax5xb.htm) |
| [(a)(5)(C)](tm269489d1_ex99-xax5xc.htm) | [Q&A dated March 20, 2026](tm269489d1_ex99-xax5xc.htm) |

---

**Item 12(b).**

**Filing Fees**

[Filing Fee Exhibit is filed herewith.](tm269489d1_exfilingfees.htm)

**SIGNATURE**

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: March 20, 2026

---

| | |
|:---|:---|
| **Yieldstreet Alternative Income Fund Inc.** | **Yieldstreet Alternative Income Fund Inc.** |
| By: | /s/ Stephen Ferrara |
| Name: | Stephen Ferrara |
| Title: | Chief Financial Officer |

---

**<u>Exhibit Index</u>**

---

| | |
|:---|:---|
| [(a)(1)(E)](tm269489d1_ex99-xax1xe.htm) | [Supplement No. 1 to the Offer to Purchase, dated March 20, 2026](tm269489d1_ex99-xax1xe.htm) |
| [(a)(5)(A)](tm269489d1_ex99-xax5xa.htm) | [Press release issued on March 19, 2026](tm269489d1_ex99-xax5xa.htm) |
| [(a)(5)(B)](tm269489d1_ex99-xax5xb.htm) | [E-mail communications sent March 20, 2026](tm269489d1_ex99-xax5xb.htm) |
| [(a)(5)(C)](tm269489d1_ex99-xax5xc.htm) | [Q&A dated March 20, 2026](tm269489d1_ex99-xax5xc.htm) |
|  | [Filing Fee Exhibit](tm269489d1_exfilingfees.htm) |

---

## Ex-99.(A)(1)(E)

**Exhibit 99.(a)(1)(E)**

Filed by Yieldstreet Alternative Income Fund Inc.

pursuant to Rule 425 under the Securities Act of 1933

and deemed filed pursuant to Rule 14a-12

under the Securities Exchange Act of 1934

Subject Company: Yieldstreet Alternative Income Fund Inc.

Investment Company Act File No.: 811-23407

Date: March 20, 2026

**SUPPLEMENT NO. 1 DATED MARCH 20, 2026**

**TO THE OFFER TO PURCHASE FOR CASH BY**

**YIELDSTREET ALTERNATIVE INCOME FUND INC.**

**SHARES OF ITS COMMON STOCK**

**THE OFFER WILL EXPIRE AT 4:00 PM, EASTERN TIME, ON APRIL 6, 2026, UNLESS THE OFFER IS EXTENDED**

To the Stockholders of Yieldstreet Alternative Income Fund Inc.:

This Supplement No. 1 (this "Supplement") hereby supplements and amends the information previously provided in the Offer to Purchase, dated February 19, 2026 (the "Original Offer to Purchase" and, together with this Supplement, as the same may be further amended or supplemented from time to time, the "Offer to Purchase"), and the related Letter of Transmittal (including Instructions to the Letter of Transmittal) and Form of Willow Wealth Platform Interface of the Yieldstreet Alternative Income Fund (the "Company"). This Supplement should be read in conjunction with the Original Offer to Purchase. To the extent there are any conflicts between the information in this Supplement and the information in the Original Offer to Purchase, the information in this Supplement hereby replaces and supersedes such information. All capitalized terms used but not defined herein shall have the meanings ascribed to them in the Original Offer to Purchase.

*<u>Proposed Transactions</u>*

On March 19, 2026, it was announced that the Company entered into a definitive agreement for Opportunistic Credit Interval Fund ("SOFIX" or the "Acquiring Fund") to acquire the assets of the Company (the "Asset Acquisition"). SOFIX is managed by Mount Logan Management, LLC ("MLM"), an indirect, wholly-owned subsidiary of Mount Logan Capital, Inc. ("MLCI"), subject to shareholder approval.

In addition to the Asset Acquisition, the Adviser and MLM have entered into a two-year Transition Services Agreement ("TSA") whereby MLM will receive access to certain books and records of the Company following the closing of the Asset Acquisition (the "Closing") in exchange for $2 million in cash and $1 million in newly issued common stock of MLCI at Closing, and up to $2 million in aggregate additional cash consideration paid ratably and quarterly over two years subject to certain requirements. The $1 million in newly issued common stock will be subject to lock-up provisions.

MLM also entered into a sub-advisory agreement ("SAA") to manage certain legacy funds managed by Willow Wealth (the Asset Acquisition, TSA and SAA collectively, the "Transactions").

**It is anticipated that the current Offer will be the last opportunity for you to tender your Shares prior to the Asset Acquisition.**

*<u>Suspension of Offering of Shares</u>*

In light of the proposed Asset Acquisition, the Company has suspended the offering of its shares for sale. The automatic distribution reinvestment plan will continue to operate for shareholders of Company who have elected to participate in the automatic distribution reinvestment plan.

*<u>Impact of Quarterly Distribution</u>*

In addition, the Board of Directors has authorized a regular quarterly distribution of $0.15 per Share to shareholders of record on March 24, 2026, to be paid on or about March 31, 2026 (the "Distribution"). The payment of a quarterly distribution (whether income or capital gain) has the effect of reducing the Company's net asset value per Share on the date following the record date by the exact amount of the distribution. **The anticipated Distribution will have the effect of a $0.15 reduction in the net asset value per Share of the Company, which will be reflected in the March 25, 2026 net asset value per Share and will therefore impact the net asset value of Shares tendered in connection with this Offer*.*** The most recently calculated net asset value per Share can be found in your Willow Wealth portfolio available at <u>www.willowwealth.com</u>.

In addition to the impact of the anticipated Distribution, shareholders should realize that the net asset value of the Shares tendered in this Offer will likely change between the most recent time net asset value was calculated and communicated to them and the net asset value of the Shares as of the Expiration Date (the relevant date for determining the value of the Shares tendered to the Fund for purposes of calculating the Purchase Price of such Shares) to reflect the Distribution and other fluctuations in value, and such change could be material. The net asset value per Share as of March 18, 2026 – which does not yet reflect the impact of the anticipated Distribution – was (unaudited) was $9.35.

\* \* \* \* \*

Based upon the foregoing, Section 2, "Purpose of the Offer; Plans or Proposals of the Company" in the Original Offer to Purchase is hereby supplemented and amended to include all of the foregoing information.

\* \* \* \* \*

*<u>Extension of Expiration Date</u>*

In light of the foregoing, the Company has determined to extend the Expiration Date of the Offer from 4:00 p.m., Eastern Time, on March 20, 2026, to 4:00 p.m., Eastern Time, on April 6, 2026, unless further extended by the Company. Therefore, all references in the Original Offer to Purchase and the related Letter of Transmittal (including Instructions to the Letter of Transmittal) and Form of Willow Wealth Platform Interface to an Expiration Date of 4:00 p.m., Eastern Time, on March 20, 2026, are hereby amended to reference an Expiration Date of 4:00 p.m., Eastern Time, on April 6, 2026. The purchase price per Share (or portion thereof) tendered will be equal to the net asset value per Share as of the close of business on the Expiration Date (*i.e.,* April 6, 2026), which will reflect the impact of the anticipated Distribution described above as well as other fluctuations.

As a result of the extension of the Expiration Date, shareholders that tender Shares pursuant to the Offer will not be entitled to receive any Company dividend or distribution with a record date on or after April 7, 2026.

\* \* \* \* \*

Except for the foregoing amendments, all other terms of the Offer, as described in the Original Offer to Purchase and related Letter of Transmittal (including Instructions to the Letter of Transmittal) and Form of Willow Wealth Platform Interface, remain the same. Shareholders who have previously tendered (and not withdrawn) their Shares are not required to take any further action as a result of this Supplement; such Shares will remain validly tendered unless and until properly withdrawn . **If you are not interested in tendering your Shares at this time, no action is necessary.**

**Neither the Company nor its Board of Directors nor the Adviser makes any recommendation to any shareholders as to whether to tender Shares for purchase or to refrain from tendering Shares in the Offer. No person has been authorized to make any recommendation on behalf of the Company, its Board of Directors or the Adviser as to whether shareholders should tender Shares for purchase pursuant to the Offer or to make any representation or to give any information in connection with the Offer other than as contained herein or in the Original Offer to Purchase. If made or given, any such recommendation, representation or information must not be relied upon as having been authorized by the Company, its Board of Directors or the Adviser. Shareholders are urged to carefully evaluate all information in the Offer, consult their own investment and tax advisers and make their own decisions whether to tender their Shares for purchase or refrain from participating in the Offer.**

**Neither the Securities and Exchange Commission ("SEC") nor any state securities commission has approved or disapproved of the Offer, passed upon the fairness or merits of the Offer, or determined whether this Supplement is accurate or complete. Any representation to the contrary is a crime.**

Questions and requests for assistance or requests for additional copies of the Offer to Purchase, the Letter of Transmittal (including Instructions to the Letter of Transmittal), the Form of Willow Wealth Platform Interface and all other Offer documents should be directed to Yieldstreet Alternative Income Fund Inc. as follows:

Our website: www.yieldstreetalternativeincomefund.com <br>Telephone: (844) 943-5378

\* \* \* \* \*

**Additional Information Regarding the Asset Acquisition and Where to Find It**

This Supplement relates solely to the Offer and is not intended to, and does not, constitute an offer to purchase or sell shares of the Company or the Acquiring Fund in order to effect the Asset Acquisition nor is it intended to solicit a proxy from any shareholder of the Company. The solicitation of the purchase or sale of securities or of proxies to effect the Asset Acquisition will only be made by a definitive proxy statement/prospectus.

Additional information regarding the Asset Acquisition transaction will be presented in a proxy statement/prospectus that will be provided to shareholders of the Company.

The proxy statement/prospectus has yet to be filed with the SEC. After the proxy statement/prospectus is filed with the SEC, it may be amended or withdrawn at any time. The proxy statement/prospectus will not be distributed to shareholders of the Company unless and until it is declared effective by the SEC. When available and effective, as applicable, shareholders of the Company are encouraged to review the proxy statement/prospectus on the SEC website at www.sec.gov or on the fund's website at www.yieldstreetalternativeincomefund.com.

INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION. INVESTORS SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES OF THE COMPANY AND THE ACQUIRING FUND CAREFULLY. THE PROXY STATEMENT/PROSPECTUS WILL CONTAIN INFORMATION WITH RESPECT TO THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES OF THE COMPANY AND THE ACQUIRING FUND.

The proxy statement/prospectus will not constitute an offer to buy or sell securities in any state where such offer or sale is not permitted.

The Company, Willow Wealth, SOFIX, MLCI and MLM, and their respective directors/trustees, officers and employees and other persons may be deemed to be participants in the solicitation of proxies from the shareholders of the Company in connection with the proposed Asset Acquisition. Information regarding the persons who may be deemed participants in such solicitation will be set forth in the proxy statement/prospectus relating to the proposed Asset Acquisition when it is filed with the SEC. Shareholders may obtain additional information regarding the interests of the participants in the solicitation of proxies in connection with the proposed Asset Acquisition by reading the proxy statement/prospectus when it becomes available.

Shareholders may obtain free copies (when they become available) of the proxy statement/prospectus and other documents filed with the SEC at the SEC's web site at www.sec.gov. In addition, free copies (when they become available) of the proxy statement/prospectus and other documents filed with the SEC may also be obtained at the Company's website, <u>www.yieldstreetalternativeincomefund.com</u>, or by calling (844) 943-5378.

\* \* \* \* \*

## Ex-99.(A)(5)(A)

**Exhibit 99.(a)(5)(A)**

![](tm269489d1_ex99a5a01.jpg)

**<u>FOR IMMEDIATE RELEASE</u>**

**Mount Logan–Managed Opportunistic Credit Interval Fund (SOFIX) to Acquire $100+ Million of Assets from Yieldstreet Alternative Income Fund (YS AIF)**

***Definitive agreement signed for SOFIX to acquire assets from YS AIF for newly issued shares of SOFIX.***

***YS AIF and SOFIX investors gain access to a larger investment vehicle with greater scale, economic efficiency and increased portfolio diversification.***

***Mount Logan currently estimates, on a full-year basis, transaction to increase fee-related earnings (FRE) by at least $2.8 million, or more than 30% of TTM FRE.<sup>1</sup>***

***Mount Logan's total cost, inclusive of its definitive transition services agreement with YS AIF's advisor, is expected to make the transaction immediately accretive to Mount Logan.***

***Transaction expected to close in late Q2 or Q3 2026, subject to regulatory and YS AIF shareholder approvals.***

March 19, 2026 – New York, NY – Mount Logan Capital Inc. ("MLCI" and "Mount Logan") today announced that Opportunistic Credit Interval Fund ("SOFIX"), a fund managed by MLCI's wholly owned registered investment advisor Mount Logan Management, LLC ("MLM"), entered into definitive agreements to acquire the assets of Yieldstreet Alternative Income Fund Inc. ("YS AIF") (the "Asset Acquisition"). In addition to the Asset Acquisition, MLM entered into a Transition Services Agreement ("TSA") with Willow Asset Management LLC ("Willow Wealth"), the advisor of YS AIF, for access to the books and records of YS AIF.

The Asset Acquisition is expected to increase SOFIX's assets by over $100 million, nearly doubling the fund's size. Mount Logan estimates the transaction could generate $2.8 million<sup>1</sup> or more of incremental annual fee-related earnings ("FRE"), representing more than 30% of Mount Logan's trailing twelve-month FRE as of December 31, 2025. We expect the transaction to be immediately accretive to Mount Logan's FRE upon closing.

<sup>1</sup> Estimated FRE contribution from acquired assets based on current management and incentive fee structure of SOFIX with $100 million in additional assets. Actual contribution of the incentive fee portion of this amount is dependent on performance and actual results may differ materially from these projections. See "Estimates and Assumptions" for additional information.

"This transaction is a significant milestone for Mount Logan and is our first strategic AUM acquisition since our business combination with 180 Degree Capital," said Ted Goldthorpe, Chief Executive Officer of Mount Logan. "Scaling permanent and semi-permanent capital vehicles is central to our long-term strategy. This transaction is expected to nearly double SOFIX's net assets, it will reduce its expense ratio, enhances its positioning with existing and prospective investors, and it increases Mount Logan's recurring FRE base. The YS AIF portfolio is highly complementary to SOFIX's existing holdings and expands our exposure to cash-flowing specialty finance and asset-backed credit assets. We believe the transaction is immediately accretive to Mount Logan and positions us to pursue additional disciplined AUM growth opportunities."

"YS AIF was built to give individuals access to alternative income, and we believe moving its assets into a larger fund like SOFIX that has strong historical performance, reports a daily net asset value per share, and is managed by a specialized asset manager like Mount Logan, is a logical step forward," said Ted Yarbrough, Chief Investment Officer at Willow Wealth. "This transaction also reflects our continued evolution as an investment platform as we seek out new opportunities to provide our clients with greater access to scaled investment vehicles."

**Details of the Asset Acquisition**

SOFIX and YS AIF have entered into an Agreement and Plan of Reorganization whereby SOFIX will acquire the assets and non-discharged liabilities of YS AIF at the closing net asset value in exchange for newly issued shares of beneficial interests of SOFIX.

The Board of Trustees of SOFIX and the Board of Directors of YS AIF each have unanimously approved the Asset Acquisition. The Asset Acquisition is intended to be treated as a tax-free reorganization for YS AIF's shareholders. The Asset Acquisition is subject to certain regulatory approvals and approvals by the holders of a majority of the outstanding shares of YS AIF, in addition to other customary closing conditions, including a registration statement being declared effective by the United States Securities and Exchange Commission (the "SEC") relating to the shares of beneficial interest of SOFIX being issued to the shareholders of YS AIF in the Asset Acquisition. The transaction does not require a vote of SOFIX shareholders to be completed. Subject to the requisite approval by YS AIF shareholders and the satisfaction of customary closing conditions, the transaction is currently expected to be completed in late Q2 or Q3 2026.

<u>In addition, in light of the proposed Asset Acquisition, effective immediately, YS AIF has suspended the offering of its shares for sale. However, the automatic dividend reinvestment plan will continue to operate for shareholders of YS AIF who have elected to participate in the automatic dividend reinvestment plan.</u>

**Details of the Transition Services Agreement**

MLM and Willow Wealth have entered into a two-year Transition Services Agreement whereby MLM will receive access to certain books and records of YS AIF following the closing of the Asset Acquisition (the "Closing") in exchange for $2 million in cash and $1 million in newly issued common stock of MLCI at Closing, and up to $2 million in aggregate additional cash consideration paid ratably and quarterly over two years subject to certain requirements. The $1 million in newly issued common stock will be subject to lock-up provisions.

**Advisors**

Dechert LLP is serving as legal counsel to Mount Logan and Thompson Hine LLP is serving as legal counsel to SOFIX.

Cleary Gottlieb Steen & Hamilton LLP is serving as legal counsel to the special committee of the Board of Directors of YS AIF. Stradley Ronon Stevens & Young LLP is serving as legal counsel to YS AIF, and Nelson Mullins LLP is serving as legal counsel to Willow Wealth.

**About Mount Logan Capital Inc.**

Mount Logan Capital Inc. is an integrated alternative asset management and insurance solutions firm focused on generating durable, fee-based revenue and long-term value creation. The Company leverages differentiated investment strategies alongside permanent insurance capital to deliver attractive, risk-adjusted returns across market cycles.

Through its subsidiaries, Mount Logan Management LLC and Ability Insurance Company, Mount Logan manages and invests across private and public credit markets in North America and operates an insurance platform that provides long-duration liabilities to support its credit investment strategies. This integrated platform is designed to provide stable earnings, downside protection, and a low risk of principal impairment through the credit cycle.

As of December 31, 2025, Mount Logan Capital had over $2.1 billion in assets under management.

**About Willow Wealth**

Willow Wealth enables members to build a private markets portfolio across real estate, private credit, private equity, and more. Our platform provides access to differentiated individual investments and diversified funds, as well as an automated investing solution that handles everything for you. Willow Wealth's platform aims to make private markets investing simple and accessible.

**Estimates and Assumptions**

This press release includes unaudited financial and business projections. These projections, and their underlying assumptions, are inherently unpredictable and undue reliance should not be placed thereon.

These estimates reflect internal financial models that Mount Logan uses in connection with its strategic planning and are based on numerous variables and assumptions made by Mount Logan's management with respect to industry performance, general business, economic, regulatory and financial conditions and other future events, as well as matters specific to Mount Logan's businesses, all of which are difficult or impossible to predict accurately and many of which are beyond the control of Mount Logan's management. As a result, these estimates constitute forward-looking statements and are subject to many risks and uncertainties that could cause actual results to differ materially from these projections. Please carefully consider "Cautionary Statement Regarding Forward-Looking Statements" below. There can be no assurance that these estimates will be realized or that actual results will not be significantly different than projected.

The inclusion of these estimates in this press release should not be regarded as an indication that Mount Logan or any of its affiliates, advisors, officers, directors or representatives considered or considers such estimates to be necessarily predictive of actual future events, and these estimates should not be relied upon as such. The inclusion of these estimates herein should not be deemed an admission or representation by Mount Logan that its management views these estimates as material information.

Certain of the estimates and projections set forth herein may be considered non-GAAP financial measures, including FRE. There are limitations inherent in non-GAAP financial measures, because they exclude charges and credits that are required to be included by generally accepted accounting principles in the United States ("GAAP"). Non-GAAP measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with GAAP, and non-GAAP financial measures used by Mount Logan may not be comparable with similarly titled amounts used by other companies. No reconciliation of these non-GAAP measures was created or used in connection with preparing the estimates included herein.

**Cautionary Statement Regarding Forward-Looking Statements**

This press release, and oral statements made from time to time by representatives of Mount Logan or SOFIX may contain statements of a forward-looking nature relating to future events within the meaning of applicable U.S. and Canadian securities laws. Forward-looking statements may be identified by words such as "anticipates," "believes," "could," "continue," "estimate," "expects," "intends," "will," "should," "may," "plan," "predict," "project," "would," "forecasts," "seeks," "future," "proposes," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions). Forward-looking statements are not statements of historical fact and reflect Mount Logan's or SOFIX's current views about future events. Such forward-looking statements include, without limitation, statements about the expected timing and benefits of the transaction, the expected increase in FRE and accretive nature of the SOFIX-Yieldstreet Alternative Income Fund transaction, future financial and operating results, Mount Logan's or SOFIX's plans, objectives, expectations and intentions regarding our business strategy and plans, and other statements that are not historical facts, including but not limited to the inability to complete and recognize the anticipated benefits of the transaction on the anticipated timeline or at all, purchase price adjustments, unexpected costs related to the transaction, future results of operations, projected cash flow and liquidity, business strategy, shareholder liquidity and the payment of dividends to shareholders of Mount Logan or SOFIX, and other plans and objectives for future operations. No assurances can be given that the forward-looking statements contained in this press release will occur as projected, and actual results may differ materially from those projected. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties, both known and unknown, that could cause actual results to differ materially from those projected. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Readers should carefully review the statements set forth in the reports, which Mount Logan and SOFIX have filed or will file from time to time with the SEC or on SEDAR+ and any risk factors contained in such reports, which may cause results to differ.

Each of Mount Logan and SOFIX do not undertake any obligation, and expressly disclaims any obligation, to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Any discussion of past performance is not an indication of future results. Investing in financial markets involves a substantial degree of risk. Investors must be able to withstand a total loss of their investment. The information herein is believed to be reliable and has been obtained from sources believed to be reliable, but no representation or warranty is made, expressed or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of the information and opinions. The information contained on the website of Mount Logan or SOFIX is not incorporated by reference into this press release. Neither Mount Logan nor SOFIX is responsible for the contents of third-party websites.

**No Offer or Solicitation**

This press release is not, and under no circumstances is it to be construed as, a prospectus or an advertisement and the communication of this release is not, and under no circumstances is it intended to be and does not constitute an offer to sell or the solicitation of an offer to purchase any securities in MLCI, SOFIX, YS AIF or in any fund or other investment vehicle in any jurisdiction pursuant to the proposed transactions or otherwise, nor is it intended to solicit a proxy from any shareholder of YS AIF.

**Additional Information and Where to Find It**

Additional information regarding the Asset Acquisition transaction will be presented in a proxy statement/prospectus that will be provided to YS AIF shareholders at a meeting of YS AIF shareholders.

The proxy statement/prospectus has yet to be filed with the SEC. After the proxy statement/prospectus is filed with the SEC, it may be amended or withdrawn at any time. The proxy statement/prospectus will not be distributed to shareholders of YS AIF unless and until a registration statement comprising the proxy statement/prospectus is declared effective by the SEC. When available and effective, as applicable, YS AIF shareholders are encouraged to review the proxy statement/prospectus on the SEC website at <u>www.sec.gov</u> or on the fund's website at www.yieldstreetalternativeincomefund.com.

INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION.

**Participants in the Solicitation**

SOFIX, MLCI, MLM, YS AIF and Willow Wealth and their respective directors/trustees, officers and employees and other persons may be deemed to be participants in the solicitation of proxies from the shareholders of YS AIF in connection with the proposed Asset Acquisition. Information regarding the persons who may be deemed participants in such solicitation will be set forth in the proxy statement/prospectus relating to the proposed Asset Acquisition when it is filed with the SEC. Shareholders may obtain additional information regarding the interests of the participants in the solicitation of proxies in connection with the proposed Asset Acquisition by reading the proxy statement/prospectus when it becomes available.

**Contacts:**

Mount Logan Capital Inc.

650 Madison Ave, Floor 3

New York, NY 10022

mlc.ir@mountlogan.com

Andrew Berger

SM Berger & Company

andrew@smberger.com

## Ex-99.(A)(5)(B)

**Exhibit 99.(a)(5)(B)**

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| | |
|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](tm269489d1_ex99-xax5xbg001.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Important update about the Alternative Income Fund [Investor], We're writing with an important update about your investment in the Alternative Income Fund (AIF). AIF has entered into a definitive agreement for the Opportunistic Credit Interval Fund (SOFIX), managed by Mount Logan Management, LLC (Mount Logan), to acquire all of its assets. If approved by AIF shareholders, your AIF shares will convert into SOFIX shares through a NAV-for-NAV (net asset value for net asset value) exchange. The total dollar value of your position does not change. About Mount Logan Mount Logan, a wholly-owned subsidiary of Mount Logan Capital, Inc., is part of the BC Partners platform and serves as the investment manager of SOFIX. Mount Logan manages institutional-scale credit portfolios across specialty finance and asset-backed lending, with over $2.1 billion in assets under management.1 If approved, here's what to expect Investment value Your AIF shares will be exchanged for SOFIX shares in a NAV-for-NAV exchange. The total dollar value of your position carries over in full. Tax treatment The transaction is intended to qualify as a tax-free reorganization. Your cost basis and holding period carry over to SOFIX shares, and you will continue to receive 1099-DIV tax reporting. Liquidity Similar to AIF, SOFIX is generally expected to make quarterly offers to repurchase a portion of its outstanding shares at net asset value.2 Your account After closing, you will manage your SOFIX position through Mount Logan's investor portal. Your Willow Wealth account will remain available for historical documentation and, if eligible, to invest in other offerings. What happens next No action is required from you today. The transaction requires approval by the holders of a majority of AIFs shares. The current AIF tender offer will be extended and will close on April 6, giving investors additional time to submit redemption requests. In the coming weeks, you will receive proxy materials and voting instructions from an independent proxy solicitor. We encourage you to review them and cast your vote. Questions? We've prepared a detailed FAQ covering the mechanics of this transaction, tax considerations, and what to expect during the review period. Read the FAQ As of December 31, 2025. Because repurchases are limited to a percentage of shares each quarter, there is no guarantee that all requested shares will be repurchased in a given offer. Cautionary Statement Regarding Forward-Looking Statements This communication, and oral statements made from time to time by representatives of Willow Wealth or AIF may contain statements of a forward-looking nature relating to future events within the meaning of applicable U.S. securities laws. Forward-looking statements may be identified by words such as anticipates, believes, could, continue, estimate, expects, intends, will, should, may, plan, predict, project, would, forecasts, seeks, future, proposes, target, goal, objective, outlook and variations of these words or similar expressions (or the negative versions of such words or expressions). Forward-looking statements are not statements of historical fact and reflect Willow Wealths or AIFs current views about future events. Such forward-looking statements include, without limitation, statements about the expected timing and benefits of the transaction, future financial and operating results, Willow Wealths or AIFs plans, objectives, expectations and intentions regarding our business strategy and plans, and other statements that are not historical facts, including but not limited to the inability to complete and recognize the anticipated benefits of the transaction on the anticipated timeline or at all, purchase price adjustments, unexpected costs related to the transaction, future results of operations, projected cash flow and liquidity, business strategy, shareholder liquidity and the payment of dividends, and other plans and objectives for future operations. No assurances can be given that the forward-looking statements contained in this communication will occur as projected, and actual results may differ materially from those projected. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties, both known and unknown, that could cause actual results to differ materially from those projected. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Readers should carefully review the statements set forth in the reports, which AIF has filed or will file from time to time with the SEC and any risk factors contained in such reports, which may cause results to differ. Each of Willow Wealth and AIF do not undertake any obligation, and expressly disclaims any obligation, to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Any discussion of past performance is not an indication of future results. Investing in financial markets involves a substantial degree of risk. Investors must be able to withstand a total loss of their investment. The information herein is believed to be reliable and has been obtained from sources believed to be reliable, but no representation or warranty is made, expressed or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of the information and opinions. The information contained on the website of Willow Wealth or AIF is not incorporated by reference into this communication. Neither Willow Wealth nor AIF is responsible for the contents of third-party websites. No Offer or Solicitation This communication is not, and under no circumstances is it to be construed as, a prospectus or an advertisement and is not, and under no circumstances is it intended to be and does not constitute an offer to sell or the solicitation of an offer to purchase any securities in AIF or SOFIX or in any fund or other investment vehicle in any jurisdiction pursuant to the proposed transactions or otherwise, nor is it intended to solicit a proxy from any shareholder of AIF. Additional Information and Where to Find It Additional information regarding the proposed transaction will be presented in a proxy statement/prospectus that will be provided to AIF shareholders. The proxy statement/prospectus has yet to be filed with the U.S. Securities and Exchange Commission (SEC). After the proxy statement/prospectus is filed with the SEC, it may be amended or withdrawn at any time. The proxy statement/prospectus will not be distributed to shareholders of AIF unless and until a registration statement comprising the proxy statement/prospectus is declared effective by the SEC. When available and effective, as applicable, AIF shareholders are encouraged to review the proxy statement/prospectus on the SEC website at www.sec.gov or on the funds website at www.yieldstreetalternativeincomefund.com. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT/ PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. AIF SHAREHOLDERS SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES, AND EXPENSES OF AIF AND SOFIX CAREFULLY. THE PROXY STATEMENT AND THE PROXY STATEMENT/PROSPECTUS WILL CONTAIN INFORMATION WITH RESPECT TO THE INVESTMENT OBJECTIVES, RISKS, CHARGES, AND EXPENSES OF AIF AND SOFIX. Participants in the Solicitation SOFIX, Mount Logan Capital, Mount Logan Management, AIF and Willow Wealth and their respective directors/trustees, officers and employees and other persons may be deemed to be participants in the solicitation of proxies from the shareholders of AIF in connection with the proposed transaction. Information regarding the persons who may be deemed participants in such solicitation will be set forth in the proxy statement/prospectus relating to the proposed transaction when it is filed with the SEC. Shareholders may obtain additional information regarding the interests of the participants in the solicitation of proxies in connection with the proposed transaction by reading the proxy statement/ prospectus when it becomes available. |

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## Ex-99.(A)(5)(C)

**Exhibit 99.(a)(5)(C)**

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| | |
|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](tm269489d1_ex99-xax5xcg001.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A I F t o S O F I X T r a n s i t i o nYour questions, answered We've reached an agreement to transition the Alternative Income Fund (AIF) into the Opportunistic Credit Interval Fund (SOFIX), managed by Mount Logan Management (Mount Logan). If approved by shareholders, we believe this will help diversify your investment while giving you access to the resources of an experienced private credit manager. Background on the offering What is happening? If approved by shareholders, SOFIX will acquire all AIF assets in exchange for newly issued SOFIX shares, distributed to AIF shareholders in a net asset value for net asset value (NAV-for-NAV) exchange. AIF will cease to exist after closing. Willow Wealth has evolved into a platform that connects investors with leading managers across private markets. Mount Logan, part of the BC Partners platform, is focused on credit strategies at institutional scale. The AIF portfolio's primarily private credit holdings fit within SOFIX's existing strategy. Who is Mount Logan Capital? Mount Logan Capital is an integrated alternative asset management and insurance solutions firm. Mount Logan Management, a subsidiary of Mount Logan Capital, is the investment adviser to SOFIX and is part of the BC Partners credit platform. Together with its affiliates, BC Partners manages assets across private equity, credit, and real estate. What is SOFIX? SOFIX is a credit-focused interval fund. Its objectives are to produce current income and capital appreciation by investing across private and liquid credit opportunities, including privately originated loans and secondary credit investments. Can I exit before the transition? The current AIF tender offer will be extended and will close on April 6, giving investors additional time to submit redemption requests. Following the expected close of the transaction and issuance of SOFIX shares, liquidity will be provided through SOFIX's quarterly repurchase program. How do the investment strategies compare? Both AIF and SOFIX focus on seeking to generate income through private credit and asset-backed finance. SOFIX places greater emphasis on opportunistic credit investments sourced through the BC Partners platform, while AIF historically maintained broader exposure across a range of alternative asset classes. Why is this transition occuring? Willow Wealth Confidential. Not for redistribution. 1 |

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| | |
|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](tm269489d1_ex99-xax5xcg002.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Your investment Does the value of my investment change? Your AIF shares will be exchanged for SOFIX shares at equal dollar value through a NAV-for-NAV exchange. Is this taxable? The transaction is intended to qualify as a tax-free reorganization. Your cost basis and holding period are expected to carry over to SOFIX shares, and you will continue to receive 1099-DIV tax reporting. Note that AIF may make distributions prior to closing to maintain its regulated investment company status. If made, those distributions would be taxable in the year received. Consult your tax advisor for guidance specific to your situation. SOFIX targets quarterly distributions, though distributions are not guaranteed. If you are enrolled in the dividend reinvestment plan, reinvested distributions will be issued as new SOFIX shares following the close of the transaction. Your account How will I access my AIF account? Your investment is expected to be accessible through the Mount Logan investor portal, where you can access reports, performance information, and shareholder materials — similar to how you do now on the Willow Wealth platform. You will receive onboarding instructions in advance of the transition. Will I still receive tax forms through Willow Wealth? Yes. Final tax documents related to your AIF investment will be delivered through Willow Wealth for the 2026 tax year Can I still redeem my shares in AIF? Similar to AIF, SOFIX is generally expected to make quarterly offers to repurchase a portion of its outstanding shares at net asset value. Because repurchases are limited to a percentage of shares each quarter, there is no guarantee that all requested shares will be repurchased in a given offer. Are my other Willow Wealth investments affected? No. This transaction applies only to your AIF position. Your Willow Wealth account will continue to remain active. Does Willow Wealth plan to transition any other funds? No. This transaction is specific to AIF and there are no plans to transition other funds. Do I need to take any action? Not today. The transaction requires approval by AIF shareholders. You will receive proxy materials and voting instructions in the coming weeks. When they arrive, please review them and cast your vote. What happens to my distributions? Willow Wealth Confidential. Not for redistribution. 2 |

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| | |
|:---|:---|
| &nbsp;&nbsp;![GRAPHIC](tm269489d1_ex99-xax5xcg003.jpg) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cautionary Statement Regarding Forward-Looking Statements This communication, and oral statements made from time to time by representatives of Willow Wealth or AIF may contain statements of a forward-looking nature relating to future events within the meaning of applicable U.S. securities laws. Forward-looking statements may be identified by words such as "anticipates," "believes," "could," "continue," "estimate," "expects," "intends," "will," "should," "may," "plan," "predict," "project," "would," "forecasts," "seeks," "future," "proposes," "target," "goal," "objective," "outlook" and variations of these words or similar expressions (or the negative versions of such words or expressions). Forward-looking statements are not statements of historical fact and reflect Willow Wealth's or AIF's current views about future events. Such forward-looking statements include, without limitation, statements about the expected timing and benefits of the transaction, future financial and operating results, Willow Wealth's or AIF's plans, objectives, expectations and intentions regarding our business strategy and plans, and other statements that are not historical facts, including but not limited to the inability to complete and recognize the anticipated benefits of the transaction on the anticipated timeline or at all, purchase price adjustments, unexpected costs related to the transaction, future results of operations, projected cash flow and liquidity, business strategy, shareholder liquidity and the payment of dividends, and other plans and objectives for future operations. No assurances can be given that the forward-looking statements contained in this communication will occur as projected, and actual results may differ materially from those projected. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties, both known and unknown, that could cause actual results to differ materially from those projected. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Readers should carefully review the statements set forth in the reports, which AIF has filed or will file from time to time with the SEC and any risk factors contained in such reports, which may cause results to differ. Each of Willow Wealth and AIF do not undertake any obligation, and expressly disclaims any obligation, to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Any discussion of past performance is not an indication of future results. Investing in financial markets involves a substantial degree of risk. Investors must be able to withstand a total loss of their investment. The information herein is believed to be reliable and has been obtained from sources believed to be reliable, but no representation or warranty is made, expressed or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of the information and opinions. The information contained on the website of Willow Wealth or AIF is not incorporated by reference into this communication. Neither Willow Wealth nor AIF is responsible for the contents of third-party websites. No Offer or Solicitation This communication is not, and under no circumstances is it to be construed as, a prospectus or an advertisement and is not, and under no circumstances is it intended to be and does not constitute an offer to sell or the solicitation of an offer to purchase any securities in AIF or SOFIX or in any fund or other investment vehicle in any jurisdiction pursuant to the proposed transactions or otherwise, nor is it intended to solicit a proxy from any shareholder of AIF. Additional Information and Where to Find It Additional information regarding the proposed transaction will be presented in a proxy statement/prospectus that will be provided to AIF shareholders. The proxy statement/prospectus has yet to be filed with the U.S. Securities and Exchange Commission (SEC). After the proxy statement/prospectus is filed with the SEC, it may be amended or withdrawn at any time. The proxy statement/prospectus will not be distributed to shareholders of AIF unless and until a registration statement comprising the proxy statement/prospectus is declared effective by the SEC. When available and effective, as applicable, AIF shareholders are encouraged to review the proxy statement/prospectus on the SEC website at www.sec.gov or on the fund's website at www.yieldstreetalternativeincomefund.com. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. AIF SHAREHOLDERS SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES, AND EXPENSES OF AIF AND SOFIX CAREFULLY. THE PROXY STATEMENT AND THE PROXY STATEMENT/PROSPECTUS WILL CONTAIN INFORMATION WITH RESPECT TO THE INVESTMENT OBJECTIVES, RISKS, CHARGES, AND EXPENSES OF AIF AND SOFIX. Participants in the Solicitation SOFIX, Mount Logan Capital, Mount Logan Management, AIF and Willow Wealth and their respective directors/trustees, officers and employees and other persons may be deemed to be participants in the solicitation of proxies from the shareholders of AIF in connection with the proposed transaction. Information regarding the persons who may be deemed participants in such solicitation will be set forth in the proxy statement/prospectus relating to the proposed transaction when it is filed with the SEC. Shareholders may obtain additional information regarding the interests of the participants in the solicitation of proxies in connection with the proposed transaction by reading the proxy statement/prospectus when it becomes available.[NS1]  |

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## Ex-Filing

?xml version='1.0' encoding='ASCII'? EX-FILING FEES

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Calculation of Filing Fee Tables** <br>

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| | | | |
|:---|:---|:---|:---|
| | | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Transaction Valuation**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Amount of Filing Fee**  |
| Fees to be Paid |  |  |  |
| Fees Previously Paid | 1 | $4141749.49 | $571.98 |
|  | Total Transaction Valuation: | $4141749.49  |  |
|  | Total Fees Due for Filing: |  | $571.98  |
|  | Total Fees Previously Paid:  |  | $571.98  |
|  | Total Fee Offsets:  |  | $0.00  |
|  | Net Fee Due:  |  | $0.00  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Offering Note** <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup> Calculated solely for purposes of determining the amount of the filing fee. This amount is based upon the purchase of 454,503 shares of common stock, par value $0.001 per share, of Yieldstreet Alternative Income Fund Inc. (the "Company"), at a price equal to $9.11, which represents the Fund's net asset value per share as of February 18, and is used for purposes of calculating the aggregate maximum purchase price for shares. The amount of the filing fee, calculated in accordance with Rule 0-11 under the Securities Exchange Act of 1934, as amended, as modified by Fee Rate Advisory No. 1 for fiscal year 2026, equals $138.10 per million dollars of the value of the transaction. (2) Calculated at $110.20 per $1,000,000 of the transaction value.

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|:---|
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| Fee Offset Claims |
| Fee Offset Sources |

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