LMR entities (OPFI) report expiry of warrants tied to 2.5% OppFi stake
Rhea-AI Filing Summary
OppFi Inc. received an updated ownership report from a group of LMR investment entities and their principals Ben Levine and Stefan Renold. The group previously had shared voting and dispositive power over 2,330,473 shares of Class A common stock issuable upon warrants, equal to about 2.5% of the class based on 89,763,407 shares outstanding as of June 30, 2026. Those warrants have since expired and the LMR funds now report beneficial ownership of approximately 0% of OppFi’s outstanding Class A common stock, confirming that they hold 5 percent or less of the class.
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Key Figures
Shares issuable via warrants: 2,330,473 shares
Ownership percentage via warrants: 2.5%
Shares outstanding: 89,763,407 shares
+3 more
6 metrics
Shares issuable via warrants
2,330,473 shares
Class A common stock issuable upon exercise of warrants held by LMR Master Fund and LMR CCSA Master Fund in aggregate
Ownership percentage via warrants
2.5%
Approximate percentage of OppFi Class A common stock represented by 2,330,473 issuable shares as of June 30, 2026
Shares outstanding
89,763,407 shares
OppFi Class A common stock outstanding as of June 30, 2026, used for ownership calculations
Warrants in LMR Master Fund
1,165,237 shares
Class A common stock issuable upon exercise of warrants held directly by LMR Multi-Strategy Master Fund Limited
Warrants in LMR CCSA Master Fund
1,165,236 shares
Class A common stock issuable upon exercise of warrants held directly by LMR CCSA Master Fund Ltd
Current reported ownership
approximately 0%
Percentage of OppFi Class A common stock currently beneficially owned after warrant expiry
Key Terms
beneficially owned, shared voting power, shared dispositive power, warrants, +1 more
5 terms
beneficially owned financial
"The Class A Common Stock beneficially owned by the Reporting Persons is directly held by..."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
warrants financial
"directly holds warrants to purchase 1,165,237 shares of Class A Common Stock..."
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
Ownership of 5 percent or less of a class regulatory
"Item 5. | Ownership of 5 Percent or Less of a Class."
FAQ
What ownership in OppFi (OPFI) did the LMR entities report previously?
The LMR entities reported 2,330,473 shares of OppFi Class A common stock issuable upon warrants, representing approximately 2.5% of the outstanding class based on 89,763,407 shares as of June 30, 2026.
What is the current OppFi (OPFI) stake reported by the LMR funds?
The LMR funds now report beneficial ownership of approximately 0% of OppFi’s Class A common stock. The warrants to purchase 2,330,473 shares have expired, so they no longer beneficially own any Class A shares.
How was the LMR group’s percentage ownership in OppFi (OPFI) calculated?
Their prior 2.5% interest was based on 89,763,407 OppFi Class A shares outstanding as of June 30, 2026, plus shares that could be acquired upon warrant exercise within 60 days, as described in the company’s Form 10-Q.
Who are the reporting persons in the OppFi (OPFI) LMR ownership filing?
Reporting persons include the LMR Investment Managers (various LMR entities in the UK, Hong Kong, Delaware, Switzerland, UAE, and Ireland) and individuals Ben Levine and Stefan Renold, who ultimately control investment and voting decisions.
What type of securities linked to OppFi (OPFI) did the LMR funds hold?
The LMR funds held warrants to purchase OppFi Class A common stock: 1,165,237 shares via LMR Master Fund and 1,165,236 shares via LMR CCSA Master Fund, totaling 2,330,473 shares before the warrants expired.
AI-generated analysis. How Rhea-AI works. Not financial advice.