# EDGAR Filing Document

**Accession Number:** 0001921843
**File Stem:** 0000000000-23-001014
**Filing Date:** 2023-1
**Character Count:** 6340
**Document Hash:** f758021ce003205ea6b38c831d822f65
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000000000-23-001014.hdr.sgml**: 20230421

**ACCESSION NUMBER**: 0000000000-23-001014

**CONFORMED SUBMISSION TYPE**: UPLOAD

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230131

**FILED FOR**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ADPI Fund I, LLC
- **CENTRAL INDEX KEY:** 0001921843
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE [6500]
- **IRS NUMBER:** 880749456
- **STATE OF INCORPORATION:** WY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** UPLOAD

**BUSINESS ADDRESS:**
- **STREET 1:** 470 WEST BROAD STREET,
- **STREET 2:** SUITE 701
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215
- **BUSINESS PHONE:** (315) 527-6895

**MAIL ADDRESS:**
- **STREET 1:** 470 WEST BROAD STREET,
- **STREET 2:** SUITE 701
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215
**PUBLIC REFERENCE ACCESSION NUMBER**: 0001477932-22-002727

## Text-Extract

```

United States securities and exchange commission logo

                              January 31, 2023

       Adam La Barr
       Managing Member
       ADPI Fund I, LLC
       6809 Main Street, Unit #619
       Cincinnati, OH 45244

                                                        Re: ADPI Fund I, LLC
                                                            Amendment No. 3 to
Form 1-A
                                                            Filed December 20,
2022
                                                            File No. 024-11872

       Dear Adam La Barr:

              We have reviewed your amended offering statement and have the
following comment. In
       our comment, we may ask you to provide us with information so we may
better understand your
       disclosure.

              Please respond to this letter by amending your offering statement
and providing the
       requested information. If you do not believe our comment applies to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your offering statement and the
information you
       provide in response to the comment, we may have additional comments.

       Amendment 3 to Form 1-A filed December 20, 2022

       General

   1.                                                   We note the statement
on page 8 that investors in this offering may have the option of
                                                        paying for their
investment with cryptocurrencies. Please disclose the following:

                                                              how you will
value the cryptocurrencies initially and on an ongoing basis;
                                                              how you will
determine the amount of securities to which a purchaser will be entitled
                                                            and at what point
will the number of shares be determined;
                                                              who will bear the
risk of a downturn in price of the digital asset between the time it is
                                                            delivered to the
company and the time that the company determines the amount of
                                                            securities to be
issued;
                                                              how you will hold
and secure the cryptocurrencies received; and
 Adam La Barr
ADPI Fund I, LLC
January 31, 2023
Page 2
            whether you intend to hold the cryptocurrencies for investment or
convert them into
          fiat currency immediately upon receipt or soon thereafter.

       Please contact Jeffrey Gabor at 202-551-2544 or James Lopez at
202-551-3536 with any
questions.

                                                          Sincerely,
FirstName LastNameAdam La Barr
                                                          Division of
Corporation Finance
Comapany NameADPI Fund I, LLC
                                                          Office of Real Estate
& Construction
January 31, 2023 Page 2
cc:       Arden Anderson
FirstName LastName

```

### Attached PDF Documents

**Attachment 1:** `filename1`

![img-0.jpeg](img-0.jpeg)

DIVISION OF
CORPORATION FINANCE

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

January 31, 2023

Adam La Barr
Managing Member
ADPI Fund I, LLC
6809 Main Street, Unit #619
Cincinnati, OH 45244

**Re: ADPI Fund I, LLC**
**Amendment No. 3 to Form 1-A**
**Filed December 20, 2022**
**File No. 024-11872**

Dear Adam La Barr:

We have reviewed your amended offering statement and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure.

Please respond to this letter by amending your offering statement and providing the requested information. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response.

After reviewing any amendment to your offering statement and the information you provide in response to the comment, we may have additional comments.

Amendment 3 to Form 1-A filed December 20, 2022

General

1. We note the statement on page 8 that investors in this offering may have the option of paying for their investment with cryptocurrencies. Please disclose the following:
- how you will value the cryptocurrencies initially and on an ongoing basis;
- how you will determine the amount of securities to which a purchaser will be entitled and at what point will the number of shares be determined;
- who will bear the risk of a downturn in price of the digital asset between the time it is delivered to the company and the time that the company determines the amount of securities to be issued;
- how you will hold and secure the cryptocurrencies received; and

Adam La Barr
ADPI Fund I, LLC
January 31, 2023
Page 2

- whether you intend to hold the cryptocurrencies for investment or convert them into fiat currency immediately upon receipt or soon thereafter.

Please contact Jeffrey Gabor at 202-551-2544 or James Lopez at 202-551-3536 with any questions.

Sincerely,

Division of Corporation Finance
Office of Real Estate & Construction

cc: Arden Anderson