Lm Fdg Amer Inc 8-K Filings

PowerCompute, Inc., through its wholly owned subsidiary US Digital Mining and Hosting Co., LLC, entered into an $18 million bridge loan with ChainFi Inc. d/b/a Arch Lending on July 27, 2026, documented in two promissory notes of $11,005,502.75 and $7,063,342.53. The proceeds were used to repay in full $18 million of indebtedness to Galaxy Digital LLC and DE & AJ Liebel Limited Partnership, ahead of an anticipated secured term loan facility with Arch that is expected to be secured by Bitcoin held in the company’s treasury.

The bridge notes mature on July 31, 2026, with interest at the IRS Applicable Federal Rate payable at maturity, and carry customary covenants and an event-of-default interest rate of 15% per annum. Separately, on July 28, 2026, PowerCompute agreed with Brown Family Enterprises, LLC to extend the maturity of an existing secured promissory note to December 31, 2026.

PowerCompute, Inc. regained compliance with Nasdaq's minimum $1.00 bid price requirement for continued listing on the Nasdaq Capital Market. After its stock closed below $1.00 for 30 consecutive business days as of January 6, 2026, Nasdaq granted an initial 180-day cure period to July 6, 2026, followed by a second 180-day period to January 4, 2027.

To address the deficiency, the company completed a 1-for-25 reverse stock split of its common stock effective July 3, 2026. Nasdaq later notified PowerCompute on July 27, 2026 that its common stock had satisfied the minimum bid requirement for the required period and that the compliance matter was closed. The company also highlights its strategy as a Bitcoin treasury and mining and technology-based specialty finance business expanding into high-performance computing and AI infrastructure, operating 26 megawatts of wholly owned power capacity across facilities in Oklahoma and Mississippi.

LM Funding America, Inc. is changing its corporate name to PowerCompute, Inc. after board approval of a Certificate of Amendment. The name change becomes effective at 12:01 a.m. Eastern Time on July 22, 2026, and under Delaware law did not require a stockholder vote or alter stockholder rights. Common stock is expected to begin trading on the Nasdaq Capital Market under the new ticker symbol “PWCM” at the open of trading on July 22, 2026, with the CUSIP number unchanged and no action required by stockholders.

In connection with the new name, the board approved amended and restated bylaws effective the same time, with changes limited to the name. The company states that the rebranding reflects a strategic transformation toward providing high-performance computing and AI infrastructure, leveraging 26 megawatts of wholly owned, operational power across two facilities in Oklahoma and Mississippi. It also continues to maintain a Bitcoin treasury, operate Bitcoin mining activities, and run a technology-enabled specialty finance business serving nonprofit community associations in Florida.

LM Funding America, Inc. reports that Nasdaq has granted an additional 180-day period, until January 4, 2027, to regain compliance with the Nasdaq Capital Market’s $1.00 minimum bid price requirement. To address this, the company is implementing a 1-for-25 reverse stock split of its common stock, effective at 12:01 a.m. Eastern Time on July 13, 2026, after which shares will trade on a split-adjusted basis under the symbol LMFA.

The reverse split converts every 25 issued and outstanding shares into one share, with no change to par value, no change to the total number of authorized shares, and fractional shares rounded up to the next whole share. Exercise prices and share amounts for outstanding options, restricted stock units, warrants, and plan reserves will be adjusted proportionately. Existing effective registration statements on Form S-3 and Form S-8 are automatically updated, and the number of registered but undistributed shares is proportionately reduced under Rule 416(b) to reflect the split.

LM Funding America reported a June 2026 Bitcoin production and treasury update. The company mined 8.7 Bitcoin in June and ended the month holding 318.3 Bitcoin. Management noted June production reflected higher temperatures that affected mining efficiency.

The company estimates its 318.3 Bitcoin holdings were worth about $18.6 million, or $0.72 per share, based on a Bitcoin price of approximately $58,600 and a stock price of $0.15 as of June 30, 2026. June also generated roughly $30,000 in curtailment and energy-sales revenue, and total second-quarter energy-sales revenue is forecast at about $117,000.

LM Funding states that the total value of its Bitcoin holdings subsequently increased to about $20.4 million, or $0.79 per share, as of July 7, 2026, using a Bitcoin price of $64,000. The company operates 26 megawatts of power infrastructure across Oklahoma and Mississippi as part of its Bitcoin mining and high-performance computing and AI infrastructure strategy.

LM Funding America is expanding beyond Bitcoin mining into high-performance computing and AI infrastructure. The company has ordered its first AI GPU server hardware for deployment at its Oklahoma facility and is marketing up to 10 megawatts of currently available capacity to AI co-location and power hosting customers.

The expansion leverages 26 megawatts of wholly owned, operational power infrastructure, built in about fifteen months, with average power costs of approximately $0.046 per kilowatt-hour. LM Funding held 322.7 Bitcoin valued at about $23.8 million as of May 31, 2026, and mining operations produced 9.8 Bitcoin in May.

Based on industry benchmarks, management cites a potential revenue opportunity of $800,000–$2 million per megawatt annually for AI compute against estimated buildout costs of $10–$12 million per megawatt, implying possible annual revenues of $20–$50 million at a full 26‑megawatt AI buildout, which would require additional financing.

LM Funding America, Inc. held its annual meeting where stockholders approved several key proposals. As of the April 21, 2026 record date, 16,216,778 common shares were outstanding, and 9,036,701 shares were represented, constituting a quorum.

Stockholders elected Bruce Rodgers and Carollinn Gould as Class I directors. They also ratified MaloneBailey, LLP as the independent registered public accounting firm for fiscal 2026. Importantly, stockholders approved, in accordance with Nasdaq Listing Rule 5635(d), the issuance of more than 19.99% of outstanding common stock upon exercise of certain investor warrants.

Stockholders further approved an amendment to the Certificate of Incorporation authorizing a reverse stock split at a ratio between one-for-five and one-for-twenty-five, with the exact ratio to be set by the Board of Directors if it deems the split advisable.

LM Funding America, Inc. has refinanced and extended an existing loan under its Master Digital Currency Loan Agreement with Galaxy Digital LLC. The company borrowed a new $11 million loan on May 26, 2026 and used the proceeds to repay the then-existing loan.

The new $11 million loan is secured by Bitcoin owned by the company and is made under the previously disclosed Loan Agreement. This May 2026 loan will become due on August 28, 2026, replacing the prior maturity of June 26, 2026 for the refinanced obligation.

LM Funding America, Inc. reported first quarter 2026 results reflecting higher Bitcoin production but wider losses. Total revenue was about $2.1 million, down roughly 11% year-over-year as lower Bitcoin prices offset increased mining activity. The company mined 26.1 Bitcoin at an average price of about $75,700, and mining margin was 24.1%, lower than 38.5% a year earlier but similar to the prior quarter.

Net loss widened to about $10.1 million, driven largely by approximately $3.8 million of negative fair value adjustments on mined Bitcoin and $3.2 million on Bitcoin collateral receivable. As of March 31, 2026, LM Funding held 338.2 Bitcoin valued at roughly $23.1 million and had cash of about $0.8 million, with total assets of $41.8 million and total liabilities of $22.7 million.

LM Funding America, Inc. reported a preliminary operational update for April 2026, highlighting steady Bitcoin mining activity and its growing Bitcoin treasury position.

The company mined 9.4 Bitcoin in April versus 9.6 in March, while selling 13.5 Bitcoin. Bitcoin holdings were 334.0 BTC as of April 30, 2026, supported by 7,508 mining machines across Oklahoma, Mississippi and storage sites, with an energized hashrate of 0.79 EH/s.

LM Funding estimates its 334.0 Bitcoin were worth about $25.3 million, or $1.18 per diluted share, using a Bitcoin price of approximately $75,800 on April 30, 2026, compared with a stock price of $0.24 at that date’s close. Management characterizes April as a continuation of March’s operational profile, entering warmer months positioned to pursue curtailment-related revenue opportunities at the Oklahoma site.

LM Funding America filed an update on its Bitcoin mining operations for March 2026. The company produced 9.6 Bitcoin during the month and held 341.2 Bitcoin as of March 31, 2026, which it estimates were worth about $22.9 million, or $1.07 per diluted share based on 21,455,892 diluted shares outstanding.

The mining fleet totaled 7,513 machines with an energized hashrate of 0.79 EH/s. The company also renegotiated its $11 million Galaxy Digital loan, extending the maturity date to June 26, 2026. Management highlighted what it views as a disconnect between the value of its Bitcoin holdings and its stock price, noting a $0.25 share price at the March 31, 2026 close.

LM Funding America, Inc. extended its bitcoin-backed borrowing arrangement with Galaxy Digital LLC under an existing Master Digital Currency Loan Agreement. The company borrowed a new $11 million loan on April 6, 2026, using the proceeds to repay a prior loan under the same facility.

The new April 2026 loan is secured by Bitcoin owned by the company and will become due on June 26, 2026. This transaction maintains LM Funding’s leveraged exposure to digital assets while pushing out the loan’s maturity date.

LM Funding America, Inc. entered into an at-the-market (ATM) offering agreement with Maxim Group LLC, allowing the company to issue and sell up to $75,000,000 of its common stock from time to time through Maxim as sales agent.

Shares will be issued under an existing Form S-3 shelf registration statement that was declared effective on November 21, 2024, with a related prospectus supplement filed on March 27, 2026. The company will pay Maxim a 3.0% cash fee on the gross sales price of any shares sold, reimburse certain expenses up to $50,000 without additional approval, and provide indemnification and contribution for specified liabilities.

There is no minimum sale amount, and LM Funding is not obligated to sell any shares. Either party may suspend or terminate sales under the agreement according to its terms.

LM Funding America reported fourth quarter and full-year 2025 results, highlighting growth in Bitcoin production but a large accounting loss. Q4 2025 revenue was $2.4 million, up 8.7% sequentially and 19.2% year-over-year, as mined volume rose to 22.0 Bitcoin from 17.6 in Q3 2025. Mining margin fell to 25% from 49% due mainly to a lower average Bitcoin price. The company recorded a Q4 net loss of $17.9 million and Core EBITDA loss of $9.3 million, versus net income of $1.0 million and Core EBITDA of $3.8 million in Q4 2024, driven by non-cash Bitcoin fair value losses, a $5.4 million impairment on mining equipment, depreciation and amortization, and higher operating expenses from integrating its Mississippi facility. As of December 31, 2025, cash was about $1.4 million and Bitcoin holdings totaled 356.4 Bitcoin, valued at roughly $31.2 million. For full-year 2025, revenue was approximately $8.8 million and total assets were about $51.3 million, while management emphasized expanded hashrate, two low-cost sites, and use of a Galaxy Digital loan facility to repurchase more than 3.3 million shares and 7.2 million warrants.

LM Funding America reported a February 2026 Bitcoin production and operations update. The company mined 8.7 Bitcoin in February, up from 7.8 in January, and held 354.7 Bitcoin valued at about $23.8 million, or $1.11 per diluted share as of February 28, 2026.

The company operated 7,513 mining machines with an energized hashrate of 0.78 EH/s across Oklahoma and Mississippi. Management highlighted February as its highest monthly Bitcoin production since launching mining operations, supported by fleet upgrades including about 300 Bitmain S21 XP miners.

LM Funding also renegotiated its $11 million Galaxy Digital loan, extending the maturity date to April 24, 2026, which management stated provides additional flexibility in settling the loan.

LM Funding America, Inc. entered into a series of short-term loans under its existing Master Digital Currency Loan Agreement with Galaxy Digital LLC. The company borrowed $11 million on January 28, 2026 to repay an earlier October 2025 loan, and then borrowed another $11 million on February 27, 2026 to repay the January 2026 loan. The latest $11 million loan, referred to as the February 2026 Loan, is secured by Bitcoin owned by the company and is due on April 24, 2026. All loans are made under the previously disclosed loan facility terms and create a continuing direct financial obligation backed by the company’s digital asset collateral.

Funding America, Inc. furnished an update on its Bitcoin production and mining operations for the one-month period ended January 31, 2026. The company did this by issuing a press release on February 5, 2026, which is attached as Exhibit 99.1 to the current report.

The Bitcoin production details in the press release are treated as “furnished,” not “filed,” meaning they are not subject to certain Exchange Act liabilities and are not automatically incorporated into other Securities Act or Exchange Act filings. The company also includes its standard cautionary language about forward-looking statements and refers investors to risk factors in its Form 10-K for the year ended December 31, 2024 and other periodic reports.

Funding America, Inc. entered into a new short-term loan as part of its existing Master Digital Currency Loan Agreement with Galaxy Digital LLC. On January 28, 2026, the company borrowed a new $11 million loan and used the proceeds to fully repay a prior $11 million borrowing that had become due.

The new January 2026 loan is secured by Bitcoin owned by the company and is subject to the same overall terms set by the Loan Agreement. This loan will mature on February 27, 2026, effectively extending the company’s $11 million debt for about one month while remaining collateralized by its digital asset holdings.

LM Funding America, Inc. reported that it received a notice from Nasdaq on January 7, 2026 stating that its consolidated closing bid price had stayed below $1.00 per share for 35 consecutive business days as of January 6, 2026. This means the company is not in compliance with Nasdaq Listing Rule 5550(a)(2), which sets the minimum bid price required to remain listed on The Nasdaq Capital Market, although the notice does not immediately remove the stock from the exchange.

The company has been granted a 180-calendar day grace period, until July 6, 2026, to regain compliance by having its closing bid price at or above $1.00 per share for at least ten consecutive business days. If it still does not meet the rule by that date, it may qualify for a second 180-day period if it meets other Nasdaq initial listing requirements and informs Nasdaq of plans to cure the deficiency, which could include a reverse stock split.

If the company cannot regain compliance and does not qualify for or succeed during a second grace period, its common stock could be delisted, though it would have the option to request a hearing before an independent Nasdaq Hearings Panel. The company states it will monitor its stock price and consider available options, and that the notice does not affect its current business operations or SEC reporting, while warning that there is no assurance it will regain compliance.

LM Funding America, Inc. filed a current report to share that it issued a press release with a Bitcoin production and mining update for the one month ended December 31, 2025. The press release is furnished as Exhibit 99.1 and is incorporated by reference into this report.

The company notes that the information in this item and Exhibit 99.1 is being furnished, not filed, so it is not subject to certain liability provisions of the Exchange Act and is not automatically incorporated into other securities filings. The report also includes standard forward-looking statement language, directing investors to the company’s Form 10-K for the year ended December 31, 2024 and subsequent Form 10-Q and other periodic reports for a discussion of risks that could cause actual results to differ from these statements.

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.

LM Funding America, Inc. furnished a press release announcing its financial results for the three and nine months ended June 30, 2025. The disclosure was made under Item 2.02 (Results of Operations and Financial Condition) and includes Exhibit 99.1.

The company stated this information is furnished, not filed under the Exchange Act, meaning it is not subject to Section 18 liability and is only incorporated by reference if expressly stated. The 8-K was signed by CFO Richard Russell on November 14, 2025.

LM Funding America announced adjustments to outstanding warrants tied to its August 2025 financing. The exercise price of the August 2025 Warrants was reset to $0.97 per share, and the aggregate number of shares issuable upon exercise increased to 15,516,850 shares after reflecting the company’s October 2025 repurchase of certain warrants.

As a result of these changes, warrants issued in the company’s October 2021 public offering—covering the right to purchase an aggregate of 1,153,774 shares—now also carry an exercise price of $0.97 per share, reduced from $1.10 (originally $2.88). The adjustments were made under the reset and anti‑dilution provisions of the respective warrants.

LM Funding America (LMFA) furnished an update on Bitcoin production and mining activity for the one month ended October 31, 2025. The company reported this under Item 2.02 and attached the update as Exhibit 99.1.

The information was furnished, not filed, so it is not subject to Section 18 liability and will only be incorporated into other filings if specifically referenced. The filing also includes customary forward-looking statement cautions.

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.

LM Funding America (LMFA) entered Securities Repurchase Agreements with seven institutional investors and bought back 3,308,575 shares plus associated warrants originally issued in August 2025. Each unit repurchased comprised one share and a warrant to purchase approximately 2.19 shares, at a price of $2.41 per unit, for an aggregate repurchase of about $8 million. The warrants had been adjusted to represent rights to purchase an aggregate of 7,248,787 shares. The repurchase closed on October 30, 2025.

To finance the transaction, LMFA executed a Master Digital Currency Loan Agreement with Galaxy Digital LLC and drew $11 million on October 30, 2025, secured by Bitcoin collateral owned by the company. Proceeds funded the repurchase, with the remainder for general corporate purposes. The loan framework permits borrowings in U.S. Dollars and specified digital assets, includes collateral and margin provisions, default and termination events, and has an initial one‑year term with automatic annual renewals.

LM Funding America (LMFA) drew the $700,000 second tranche under its amended loan with SE & AJ Liebel Limited Partnership. The company gave notice on October 21, 2025, and the lender advanced the funds the same day, net of loan fees.

The September 2025 amendment expanded borrowing up to $2.0 million, consisting of a $1.3 million advance at amendment signing and a $700,000 tranche the company could later draw. This filing records the creation of that direct financial obligation.

LM Funding America (LMFA) reported results of its annual meeting. As of the August 19, 2025 record date, 15,198,388 shares were outstanding. A quorum was present with 3,502,985 shares represented in person or by proxy.

Stockholders elected Class III directors Andrew L. Graham, Frederick Mills, and Frank Silcox to serve until the third subsequent annual meeting. Stockholders ratified MaloneBailey, LLP as the independent auditor for fiscal year 2025. They also approved, in accordance with Nasdaq Listing Rule 5635(d), the potential issuance of more than 19.99% of outstanding common stock upon exercise of investor warrants issued in August 2025, with votes of 3,282,233 for, 119,274 against, and 55,641 abstaining.

Funding America, Inc. filed a current report describing that it issued a press release with a Bitcoin production and mining update for the one-month period ended September 30, 2025. The release, dated October 8, 2025 and furnished as Exhibit 99.1, provides details on the company’s recent cryptocurrency mining activity and operating trends.

The company notes that this information is being furnished under a results of operations and financial condition item and is not considered filed for liability purposes under the securities laws, nor automatically incorporated into other securities filings unless specifically referenced. The report also includes standard cautionary language about forward-looking statements and directs investors to the company’s Form 10-K for the year ended December 31, 2024 and other periodic reports for a discussion of risks that could affect future results.

Funding America, Inc. reported that its board approved new stock option grants and cash bonuses for three senior executives. On September 30, 2025, the company granted options to purchase 176,100 shares of common stock to Bruce Rodgers, 114,500 to Richard Russell and 61,700 to Ryan Duran under its 2021 Omnibus Incentive Plan at an exercise price of $1.14 per share. The options have a ten-year term, with half vesting on the first anniversary of the grant date and the remainder on the second anniversary, subject to continued service.

The board also approved discretionary one-time cash bonuses based on individual performance and corporate objectives: $660,000 for Bruce Rodgers (about 80% of his target bonus), $440,000 for Richard Russell (about 80% of his target) and $212,500 for Ryan Duran (about 100% of his target).

LM Funding America entered into a loan amendment to secure an additional loan of up to $2.0 million from SE & AJ Liebel Limited Partnership, on top of a prior $5.0 million facility. The new borrowing bears 12.0% annual interest, matures on September 15, 2027, and is payable with monthly interest and a lump-sum principal payment at maturity, with no prepayment penalty.

The company funded $1.3 million of this additional loan at signing and may draw up to $700,000 more on October 15, 2025, secured by bitcoin collateral valued at 110% of the combined loan balance. Proceeds are earmarked for acquiring hosting sites, working capital, and part of the purchase price for a Mississippi transaction.

Through a subsidiary, LM Funding completed the purchase of a 6.4‑acre Mississippi property and related assets for approximately $3.9 million, and separately acquired certain Bitmain bitcoin miners for about $362,000, priced at $2.30 per terahash. These moves expand its digital mining infrastructure while increasing secured debt obligations.

LM Funding America, Inc. filed a current report to note that it released a press statement with a Bitcoin production and mining update for the one-month period ended August 31, 2025. The company states that this press release, dated September 8, 2025 and furnished as Exhibit 99.1, is being provided for informational purposes and is not considered filed for liability purposes under the Securities Exchange Act. The report also includes standard forward-looking statement language, emphasizing that actual results may differ from expectations due to various risks described in the company’s prior annual and quarterly reports.

LM Funding America, Inc. reduced the exercise price on certain outstanding common stock warrants, increasing the number of shares that could be issued if holders choose to exercise. Warrants from the company’s August 2025 financing, which initially covered 9,553,946 shares at an exercise price of $2.41 per share, were reset so that they now cover 20,931,827 shares at an exercise price of $1.10 per share under the warrants’ reset provisions. Warrants from the company’s October 2021 public offering, which cover 1,205,157 shares at an exercise price of $2.88 per share, also had their exercise price reduced to $1.10 per share pursuant to anti-dilution adjustment provisions.

Funding America, Inc. filed an amended report updating details of recent equity financings and correcting a warrant exhibit. The company completed a private PIPE offering of 4,322,265 common shares and an equal number of common warrants at $2.41, raising about $10.4 million before fees.

It also agreed to a registered direct offering of 5,231,681 registered shares plus 5,231,681 privately placed warrants at $2.41, for expected gross proceeds of about $12.6 million. Net proceeds from both deals are intended mainly to expand a Bitcoin-focused cryptocurrency treasury strategy and for general corporate purposes, with warrants featuring anti-dilution adjustments and stockholder-approval-based exercisability.

Funding America, Inc. entered into two equity financings that together raise about $23 million before fees through stock and warrant issuances to institutional investors. The company closed a private PIPE offering of 4,322,265 common shares and 4,322,265 common warrants at a combined price of $2.41 per unit, for gross proceeds of approximately $10.4 million. It also agreed to a registered direct offering of 5,231,681 common shares and a concurrent private placement of 5,231,681 warrants at the same combined price, for expected gross proceeds of approximately $12.6 million.

The warrants in both deals carry an exercise price of $2.41, become exercisable after stockholder approval, run for three years, and include anti-dilution and price-reset features with a floor exercise price of $0.481. The company plans to use net proceeds mainly to expand its Bitcoin-focused cryptocurrency treasury strategy and for general corporate purposes, and granted investors registration rights and participation rights in future equity or equity-linked offerings.

LM Funding America, Inc. furnished an earnings press release announcing its financial results for the three and six months ended June 30, 2025. The 8-K states the results are provided in a press release (Exhibit 99.1) and that the furnishing of this information is not deemed to be "filed" for purposes of Section 18 of the Exchange Act. The filing also includes a Cover Page iXBRL interactive data file as Exhibit 104.

The document itself does not present the numeric financial statements or discussion in-line; readers must consult Exhibit 99.1 for the detailed results and metrics referenced by the Company.

LM Funding America, Inc. (LMFA) filed a Form 8-K dated August 8, 2025, reporting an Item 2.02 disclosure furnishing a press release that provides a Bitcoin production and mining update for the one month ended July 31, 2025. The press release is furnished as Exhibit 99.1. The company states the information is furnished, not filed for purposes of Section 18 of the Exchange Act and will not be incorporated by reference into other filings except as expressly specified. The filing identifies the registrant's incorporation (Delaware), principal executive office (Tampa, Florida), Nasdaq ticker LMFA, and is signed by Richard Russell, CFO on August 8, 2025.