other material
confidence high
sentiment neutral
materiality 0.60
LM Funding signs $75M at-the-market equity offering agreement with Maxim Group
LM FUNDING AMERICA, INC.
- Up to $75M of common stock may be sold from time to time through Maxim Group as sales agent.
- Agent will receive a 3.0% cash fee on gross proceeds of any shares sold.
- No minimum offering amount; actual proceeds depend on market conditions and company discretion.
- Company may terminate the ATM upon 10 business days' notice; Agent may also terminate per agreement.
- Prospectus supplement filed March 27, 2026; shares issued under existing shelf registration statement.