Amendment No. 7 to Schedule 13D for Lee Enterprises, Incorporated

The Jerrilyn M. Hoffmann Revocable Trust and Jerrilyn M. Hoffmann filed Amendment No. 7 to their Schedule 13D for Lee Enterprises, Incorporated. The amendment provides an update on their intentions regarding the company. The Reporting Persons proposed a potential transaction in which Hoffmann Family of Companies would purchase $25 million of the Issuer's common shares at $2.00 per share and backstop an additional $25 million rights offering to existing shareholders. The proposed transaction implies a pre-money enterprise valuation of approximately $462 million. The Reporting Persons also expressed concerns about the Issuer's financial position and cost-cutting strategy, suggesting strategic initiatives to improve profitability and company culture. As of the date of this amendment, the Reporting Persons beneficially own 618,900 shares of Common Stock, representing approximately 9.88% of the outstanding shares. The Reporting Persons have no present plans or proposals that relate to or would result in any of the matters set forth in subsections (1) through (j) of Schedule 13D, except as described in this amendment.