---
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"
generated_at: "2026-06-05T00:33:59.085370+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# LM Funding announces 1-for-6 reverse stock split to meet Nasdaq's $1 bid price requirement effective March 12, 2024

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.03, 5.03, 7.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-028375
- JSON: https://secwatch.observer/filing/0000950170-24-028375.json
- Plain text: https://secwatch.observer/filing/0000950170-24-028375.txt

## Key facts
- Governance Changes
  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).
  - Change: charter amendment
  - Effective: 2024-03-12
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1640384/000095017024028375/0000950170-24-028375-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.