{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-028375","form_type":"8-K","ticker":"LMFA","cik":"0001640384","company_name":"LM FUNDING AMERICA, INC.","filed_at":"2024-03-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.944405+00:00","generated_at":"2026-06-05T00:33:59.085370+00:00","sec_items":["3.03","5.03","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"LM Funding announces 1-for-6 reverse stock split to meet Nasdaq's $1 bid price requirement effective March 12, 2024","bullets":["Reverse split ratio 1:6, effective 12:01 a.m. ET on March 12, 2024; no change to authorized shares.","Split to ensure compliance with Nasdaq continued listing minimum bid price of $1.00 per share.","Chairman cites Q3 2023 revenue growth of 1700% YoY and stockholders' equity of $35.9M as of Sept 30, 2023.","No fractional shares; round up to next whole share; new CUSIP 502074503.","Shareholders approved reverse split range 1:2 to 1:10 at Nov 9, 2023 meeting; Board set ratio on Feb 23, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-028375","json":"https://secwatch.observer/filing/0000950170-24-028375.json","markdown":"https://secwatch.observer/filing/0000950170-24-028375.md","text":"https://secwatch.observer/filing/0000950170-24-028375.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1640384/000095017024028375/0000950170-24-028375-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1640384/000095017024028375/lmfa-20240307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T00:33:59.085370+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2ff15a4653f53d9e54405dccc819c7228a78fa57","claim":"LM FUNDING AMERICA, INC.: On March 7, 2024, the Company filed a Certificate of Amendment to its Certificate of Incorporation to effect a one-for-six reverse stock split of its common stock, effective March 12, 2024 (effective 2024-03-12).","evidence_excerpt":"On March 7, 2024, the Company filed with the Secretary of State of the State of Delaware a Certificate of Amendment to its Certificate of Incorporation (the “Certificate of Amendment”) to effect the Reverse Stock Split.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640384/000095017024028375/0000950170-24-028375-index.htm","confidence":0.95,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-03-12"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}