secwatch.observer — SEC 8-K summary
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Issuer:     LM FUNDING AMERICA, INC. (LMFA)
CIK:        0001640384
Form:       8-K/A
Filed at:   2025-08-19T23:59:59+00:00
Accession:  0000950170-25-110168
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud

LM Funding America Raises $23M in Combined Offerings to Expand Bitcoin Treasury
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- Raised $10.4M from PIPE offering and $12.6M from registered direct offering on August 18, 2025.
- Proceeds primarily to purchase additional Bitcoin for treasury, currently holding 150 Bitcoin.
- Maxim Group LLC acted as placement agent for both offerings, earning 5.5% cash fee.
- Placement common warrants have exercise price of $2.41 per share, with anti-dilution floor of $0.481.
- Company also announced planned acquisition of 11 MW mining site in Mississippi from Greenidge Generation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640384/000095017025110168/0000950170-25-110168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640384/000095017025110168/lmfa-20250818.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-110168

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer