{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-206860","form_type":"8-K","ticker":"LMFA","cik":"0001640384","company_name":"LM FUNDING AMERICA, INC.","filed_at":"2025-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.543478+00:00","generated_at":"2026-05-17T06:15:32.727914+00:00","sec_items":["1.01","2.01","2.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LM Funding closes $4M acquisition of 11 MW Mississippi Bitcoin mining site at $0.036/kWh","bullets":["Acquired 11 MW facility from Greenidge for $4.0M total including ~2,300 S19 miners (157 PH/s).","Site power price ~$0.036/kWh expected to lower fleet average; total owned capacity to reach 26 MW.","Funded via $1.3M secured loan (12% p.a., matures 2027) plus existing cash; additional $700k tranche available Oct 15, 2025.","CEO highlights strategy of buying undervalued power assets; President cites firmware optimizations to improve margins."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-206860","json":"https://secwatch.observer/filing/0001193125-25-206860.json","markdown":"https://secwatch.observer/filing/0001193125-25-206860.md","text":"https://secwatch.observer/filing/0001193125-25-206860.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1640384/000119312525206860/0001193125-25-206860-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1640384/000119312525206860/lmfa-20250915.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:15:32.727914+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":"d52277b949f769b75f2e4f4029983267f492902b","claim":"LM FUNDING AMERICA, INC. incurred loan of up to $2.0 million with SE & AJ Liebel Limited Partnership at 12.0% per annum maturing September 15, 2027.","evidence_excerpt":"Pursuant to the Loan Agreement Amendment, the Company obtained an additional loan of up to $2.0 million from the Lender (the “Additional Loan”), which is in addition to the $5.0 million loan that was made to the Company by the Lender under the original Loan Agreement (the “Initial Loan”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640384/000119312525206860/0001193125-25-206860-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"up to $2.0 million"},{"label":"Counterparty","value":"SE & AJ Liebel Limited Partnership"},{"label":"Rate","value":"12.0% per annum"},{"label":"Maturity","value":"September 15, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"0635cc08ddff81dda56ba777cd06ccde4e61326e","claim":"LM FUNDING AMERICA, INC. completed an acquisition involving Greenidge Mississippi LLC for approximately $3.9 million (closed 2025-09-16).","evidence_excerpt":"of the Acquired Assets and assumption of the Liabilities, the “Transaction”). The total consideration paid by the Acquiror to Seller in the Transaction was approximately $3.9 million, which includes the disbursement to Seller at closing of $195,000 previously deposited by Seller as earnest money deposit. The foregoing description of the Purchase Agreement is","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640384/000119312525206860/0001193125-25-206860-index.htm","confidence":0.95,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Greenidge Mississippi LLC"},{"label":"Consideration","value":"approximately $3.9 million"},{"label":"Closing","value":"2025-09-16"}],"fact_type":"ma_transaction"},{"claim_id":"d543c7b4de1a6e6b41360c7cb3878b954a2ec95e","claim":"LM FUNDING AMERICA, INC. completed an acquisition involving Greenidge Generation LLC for approximately $362,000 (closed 2025-09-16).","evidence_excerpt":"on September 16, 2025, the Company, through the Acquiror, entered into and closed the acquisition (the \"Miner Acquisition\") contemplated by that certain Bitcoin Miner Purchase and Sale Agreement (the \"Miner Purchase Agreement\") with Greenidge Generation LLC, a New York limited liability company and affiliate of the Seller (the \"Miner Seller\"), pursuant to which the Acquiror purchased and acquired from the Miner Seller certain Bitmain Antminer S19, S19 Pro and S1 J Pro bitcoin miners (collectively, the \"Miners\") of the Miner Seller for an aggregate purchase price of approximately $362,000","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640384/000119312525206860/0001193125-25-206860-index.htm","confidence":0.95,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Greenidge Generation LLC"},{"label":"Consideration","value":"approximately $362,000"},{"label":"Closing","value":"2025-09-16"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}