secwatch / observer
8-K filed December 22, 2025, 6:59 PM ET ticker LMFA CIK 0001640384
other material confidence high sentiment neutral materiality 0.65

LM Funding America prices $6.5M registered direct offering at $0.71/unit

LM FUNDING AMERICA, INC.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LM FUNDING AMERICA, INC. entered into Placement Agency Agreement with Maxim Group LLC valued at cash fee equal to 6.0% of the aggregate gross proceeds (effective 2025-12-19).

Action
entry
Agreement
underwriting
Counterparty
Maxim Group LLC
Value
cash fee equal to 6.0% of the aggregate gross proceeds
Effective
2025-12-19
Exact text from the filing
on December 19, 2025, the Company entered into a placement agency agreement (the “Placement Agency Agreement”) with Maxim Group LLC (the “Placement Agent”), pursuant to which the Company engaged the Placement Agent as the exclusive placement agent for the Company.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LM FUNDING AMERICA, INC. entered into Securities Purchase Agreement with institutional investors valued at aggregate gross proceeds of approximately $6.0 million (effective 2025-12-19).

Action
entry
Agreement
equity purchase
Counterparty
institutional investors
Value
aggregate gross proceeds of approximately $6.0 million
Effective
2025-12-19
Exact text from the filing
On December 19, 2025, LM Funding America, Inc. (the “Company”) and institutional investors (the “Purchasers”) entered into a securities purchase agreement (the “Securities Purchase Agreement”), pursuant to which the Company agreed to issue to the Purchasers, in a registered direct offering (the “RDO”), 1,822,535 shares (the “Shares”) of the Company’s common stock, par value $0.001 per share (“Common Stock”), pre-funded warrants to purchase 7,332,395 shares of Common Stock (the “Pre-Funded Warrants”) with an exercise price of $0.001 per share in lieu of Shares, and common warrants to purchase 9,154,930 shares of Common Stock (the “Common Warrants”) with an exercise price of $0.71.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LM FUNDING AMERICA, INC. amended Repriced Warrants with an investor that participated in the RDO valued at exercise price reduced to $0.87 per share from $2.95 per share (effective 2025-12-22).

Action
amendment
Counterparty
an investor that participated in the RDO
Value
exercise price reduced to $0.87 per share from $2.95 per share
Effective
2025-12-22
Exact text from the filing
the Company agreed, contemporaneously with the closing of the RDO, to reduce the exercise price of 3,472,740 outstanding common stock warrants issued on December 29, 2024 (the “Repriced Warrants”), held by an investor that participated in the RDO, subject to stockholder approval.
View on SEC.gov

85 material agreements filed in the last 30 days. Browse all material agreements →

LM FUNDING AMERICA, INC. filing history →

Source: SEC EDGAR
accession 0001193125-25-328694
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