LM Funding (NASDAQ: LMFA) resets 16.7M warrant exercise price to $0.48

Rhea-AI Filing Summary

LM Funding America, Inc. reported that the exercise price on certain outstanding common stock warrants has been reduced under existing price protection provisions. The warrants cover an aggregate of 16,670,623 shares of common stock and previously had an exercise price of $0.97 per share. Following an offering described in a prior filing, the exercise price for these warrants has been lowered to $0.48 per share.

This change does not create new warrants, but adjusts the terms of already outstanding warrants based on their contractual anti-dilution terms.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 6, 2026

LM FUNDING AMERICA, INC.

(Exact name of Registrant as Specified in Its Charter)

Delaware		001-37605		47-3844457
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

1200 West Platt Street Suite 100
Tampa, Florida		33606
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s Telephone Number, Including Area Code: 813 222-8996

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock par value $0.001 per share		LMFA		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01. Other Events

On January 6, 2026, LM Funding America, Inc. (the “Company”) provided notice to the holders of outstanding common stock warrants to purchase an aggregate of 16,670,623 shares of Company common stock at a current exercise price of $0.97 per share that, as a result of price protection provisions in the warrants, the exercise price of such warrants has been reduced to $0.48 per share as a result of the offering as described in the Company’s Current Report on Form 8-K filed on December 22, 2025).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

						LM Funding America, Inc.
Date: January 6, 2025				By:		/s/ Richard Russell
						Richard Russell, Chief Financial Officer

FAQ

What did LM Funding America (LMFA) disclose in this 8-K filing?

LM Funding America disclosed that, due to price protection provisions in existing warrants, the exercise price of certain outstanding common stock warrants has been reduced following a prior offering.

How many LMFA shares are covered by the repriced warrants?

The repriced warrants allow holders to purchase an aggregate of 16,670,623 shares of LM Funding America common stock.

What is the new exercise price of LMFA’s common stock warrants?

The exercise price of the affected common stock warrants has been reduced from $0.97 per share to $0.48 per share.

Why was the exercise price of LMFA’s warrants reduced?

The reduction resulted from price protection provisions in the warrants that were triggered by an offering described in a prior company filing.

Does this filing indicate that LMFA issued new warrants?

No. The filing describes a change to the exercise price of outstanding warrants, not the issuance of new warrants.

Where can investors find details on the offering that triggered the LMFA warrant repricing?

The filing states that the exercise price adjustment occurred as a result of an offering described in a company filing made on December 22, 2025.