LM Funding America Announces Pricing of Registered Direct Offering for Aggregate Gross Proceeds of $6.5 Million

Core Viewpoint - LM Funding America, Inc. has announced a registered direct offering to raise approximately $6.5 million through the sale of common stock and pre-funded warrants, along with accompanying warrants for additional shares [1][2]. Group 1: Offering Details - The company will sell 1,822,535 shares of common stock and 7,332,395 pre-funded warrants, with a combined effective offering price of $0.71 per share or pre-funded warrant [1]. - The warrants will have an exercise price of $0.71 and will be exercisable upon stockholder approval, expiring five years from that date [1]. - The company will also reduce the exercise price of existing warrants from $2.95 to $0.87, subject to stockholder approval, and extend their term to five years [1]. Group 2: Financial Proceeds - The gross proceeds from the offering are estimated to be approximately $6.5 million before deducting fees and expenses [2]. - The offering is expected to close on or about December 22, 2025, pending customary closing conditions [2]. Group 3: Regulatory Information - The securities are being offered under a shelf registration statement on Form S-3, effective since November 21, 2024 [3]. - A prospectus supplement related to the offering will be filed with the SEC, and copies will be available through the SEC's website or from the placement agent [3]. Group 4: Company Overview - LM Funding America, Inc. operates as a Bitcoin treasury and mining company, founded in 2008 and based in Tampa, Florida [5]. - The company also provides funding to nonprofit community associations primarily in Florida through a technology-enabled specialty finance business [5].