PowerCompute borrows $18M from Arch Lending to repay Galaxy Digital and Liebel; extends Brown Family loan to Dec 2026

LM FUNDING AMERICA, INC.

Borrowed $18M via two bridge notes from Arch Lending (ChainFi Inc.) on July 27, 2026, to repay $18M aggregate indebtedness to Galaxy Digital LLC and DE & AJ Liebel Limited Partnership.
Note 1: $11,005,502.75 to repay Galaxy Digital; Note 2: $7,063,342.53 to repay SE & SJ Liebel Limited Partnership (filing text says DE & AJ Liebel).
Bridge notes mature July 31, 2026, bear interest at short-term AFR, with 15% default rate; proceeds funded directly to lenders.
Extended $1,125,000 loan from Brown Family Enterprises to December 31, 2026 via Third Amendment dated July 28, 2026.
Company expects to replace bridge loan with a secured term loan facility from Arch, secured by Bitcoin treasury.

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