[8-K] LM FUNDING AMERICA, INC. Reports Material Event

Rhea-AI Filing Summary

LM Funding America announced that its Board authorized a share repurchase program of up to $1.5 million of common stock. Repurchases may occur via open market purchases, block trades, or privately negotiated transactions in compliance with Rule 10b-18, and the Company may adopt a Rule 10b5-1 plan to execute trades under pre-set criteria.

Management will determine timing and volume based on capital needs, market conditions, legal requirements and other factors, and there is no guarantee any shares will be repurchased. The program is expected to be funded from existing cash balances and borrowings under credit facilities. The authorization expires on September 30, 2026 and may be extended, suspended, modified or discontinued at the Board’s discretion.

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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): November 3, 2025

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 November 3, 2025, LM Funding America, Inc. (the “Company”) announced that its Board of Directors authorized a share repurchase program of up to $1.5 million of the Company’s common stock.

Repurchases will be made through open market purchases, block trades and/or privately negotiated transactions in compliance with Rule 10b-18 promulgated under the Securities Exchange Act of 1934, as amended, subject to market conditions, applicable legal requirements, and other relevant factors. The Company may also adopt a Rule 10b5-1 share repurchase plan, which would allow the Company to repurchase shares through pre-determined criteria at times when it otherwise might be prevented from doing so under insider trading laws or because of self-imposed trading blackout periods.

The timing, volume and nature of the repurchases will be at the discretion of management based on its evaluation of the capital needs of the Company, market conditions, applicable legal requirements and other factors. There is no guarantee as to the number of shares that will be repurchased, if any. Repurchases under the share repurchase program are expected to be funded from existing cash balances and borrowings under credit facilities that the Company may have from time to time. The repurchase program expires on September 30, 2026, and may be extended, suspended, modified or discontinued at any time at the discretion of the Company’s Board of Directors.

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: November 3, 2025				By:		/s/ Richard Russell
						Richard Russell, Chief Financial Officer

FAQ

What did LMFA announce in this 8-K?

The Board authorized a share repurchase program of up to $1.5 million of common stock.

How will LMFA execute the buybacks?

Through open market purchases, block trades, and/or privately negotiated transactions in compliance with Rule 10b-18.

Can LMFA use a 10b5-1 plan for repurchases?

Yes. The Company may adopt a Rule 10b5-1 plan to repurchase shares under pre-determined criteria.

What funds will support the repurchase program for LMFA?

Repurchases are expected to be funded from existing cash balances and borrowings under credit facilities.

When does LMFA’s repurchase authorization expire?

The program expires on September 30, 2026, and may be extended, suspended, modified, or discontinued at the Board’s discretion.

Is LMFA obligated to repurchase a specific number of shares?

No. There is no guarantee as to the number of shares that will be repurchased, if any.