---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-260795"
form_type: "8-K"
ticker: "LMFA"
cik: "0001640384"
company_name: "LM FUNDING AMERICA, INC."
filed_at: "2025-10-31T23:59:59+00:00"
generated_at: "2026-05-17T01:07:19.070243+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# LM Funding repurchases 3.3M shares/warrants for ~$8M; borrows $11M from Galaxy Digital

## Summary
- Repurchased 3,308,575 shares and associated warrants (adjusted to 7,248,787 warrant shares) for ~$8M from Aug 2025 private placement investors.
- Funded repurchase via $11M draw on new Master Digital Currency Loan Agreement with Galaxy Digital LLC, secured by Bitcoin.
- Loan facility allows borrowing USD and digital assets (Bitcoin, Ether); initial 1-year term, auto-renew, secured by cash/digital collateral.

## SEC filing metadata
- accession: 0001193125-25-260795
- form_type: 8-K
- ticker: LMFA
- cik: 0001640384
- company_name: LM FUNDING AMERICA, INC.
- filed_at: 2025-10-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1640384/000119312525260795/0001193125-25-260795-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1640384/000119312525260795/lmfa-20251029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-260795
- JSON: https://secwatch.observer/filing/0001193125-25-260795.json
- Plain text: https://secwatch.observer/filing/0001193125-25-260795.txt

## Key facts
- Debt Financings
  LM FUNDING AMERICA, INC. incurred loan of $11 million with Galaxy Digital LLC maturing one year.
  - Instrument: loan
  - Principal: $11 million
  - Counterparty: Galaxy Digital LLC
  - Maturity: one year
  - Event: incurrence
  source text: On October 30, 2025, the Company made a draw under the Loan facility and borrowed a principal sum of $11 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1640384/000119312525260795/0001193125-25-260795-index.htm

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