regulatory
confidence high
sentiment negative
materiality 0.75
LM FUNDING AMERICA, INC. (LMFA): Nasdaq/NYSE listing notice — LM Funding receives Nasdaq delisting notice for bid price below $1.00 for 35 days
LM FUNDING AMERICA, INC.
- Received Nasdaq letter on Jan 7, 2026, for non-compliance with minimum bid price rule (closing bid below $1.00 for 35 consecutive days).
- Has 180-day grace period until July 6, 2026, to regain compliance by having bid price at $1.00+ for 10 consecutive days.
- If not cured by July 6, may qualify for second 180-day period if meets other initial listing standards and notifies Nasdaq of intent to cure via reverse stock split.
- Failure to regain compliance could lead to delisting unless a hearing is requested and granted.
- Company states no immediate impact on business or SEC reporting obligations, but no assurance of regaining compliance.