secwatch.observer — SEC 8-K summary
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Issuer:     LM FUNDING AMERICA, INC. (LMFA)
CIK:        0001640384
Form:       8-K
Filed at:   2023-04-17T23:59:59+00:00
Accession:  0000950170-23-012987
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

LM Funding receives Nasdaq minimum bid price deficiency notice; 180-day cure period until Oct 11, 2023
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- Bid price below $1.00 for 30 consecutive business days as of April 13, 2023.
- Automatic 180-day grace period until October 11, 2023 to regain compliance by closing at $1.00 for 10 consecutive days.
- If not cured, may qualify for second 180-day period by meeting other listing standards and notifying Nasdaq of intent to cure.
- Non-compliance does not affect business operations or SEC reporting requirements.
- No assurance of regaining compliance; delisting possible if not cured.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640384/000095017023012987/0000950170-23-012987-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640384/000095017023012987/lmfa-20230414.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-012987

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