{"filing":{"accession_number":"0001193125-26-300314","cik":"0001640384","ticker":"LMFA","company_name":"LM FUNDING AMERICA, INC.","form":"8-K","filing_date":"2026-07-10","report_date":null,"primary_document":"lmfa-20260707.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1640384/000119312526300314/lmfa-20260707.htm"},"events":[{"id":16986,"run_id":15209,"accession_number":"0001193125-26-300314","anchor_item_number":"3.01","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.95,"summary":"LM Funding received a second notification from Nasdaq on July 7, 2026, confirming the company's common stock failed to regain compliance with the $1.00 minimum bid price rule. Nasdaq granted an additional 180-day cure period until January 4, 2027, after which the company's common stock will be delisted if compliance is not achieved.","company_name":"LM FUNDING AMERICA, INC.","ticker":"LMFA","filing_date":"2026-07-10","form":"8-K","submitted_at":null,"items":[{"id":15260,"accession_number":"0001193125-26-300314","item_number":"3.01","item_title":"Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.95,"reasoning":"The filing discloses that LM Funding received a second notification from Nasdaq on July 7, 2026, confirming the company's common stock failed to regain compliance with the $1.00 minimum bid price rule. While Nasdaq granted an additional 180-day cure period (until January 4, 2027), the disclosure explicitly states that if compliance is not achieved by that date, \"Nasdaq will provide written notification that the Company's common stock will be delisted.\" This is a classic delisting-risk disclosure under Item 3.01, materially affecting investor assessment of the company's continued market access.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:32:00.106675+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":16987,"run_id":15209,"accession_number":"0001193125-26-300314","anchor_item_number":"5.03","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"summary":"LM Funding implemented a 1-for-25 reverse stock split, approved by shareholders on June 16, 2026, and effectuated via Certificate of Amendment filed July 9, 2026 and effective July 13, 2026. The reverse split was undertaken to regain compliance with Nasdaq's minimum bid price listing requirement.","company_name":"LM FUNDING AMERICA, INC.","ticker":"LMFA","filing_date":"2026-07-10","form":"8-K","submitted_at":null,"items":[{"id":15261,"accession_number":"0001193125-26-300314","item_number":"3.03","item_title":"Material Modification to Rights of Security Holders.","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a 1-for-25 reverse stock split undertaken explicitly \"to Ensure Compliance with Nasdaq Continued Listing Requirements.\" The press release states the reverse split \"ensures we remain in compliance with Nasdaq listing standards\" and references the risk that \"the Company may otherwise be unable to satisfy the continued listing requirements of The Nasdaq Capital Market and that its common stock could be delisted.\" This is a material event addressing delisting risk through a capital structure modification.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:32:00.106675+00:00","company_name":"","ticker":null,"filing_date":""},{"id":15262,"accession_number":"0001193125-26-300314","item_number":"5.03","item_title":"Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a reverse stock split (1-for-25) approved by shareholders on June 16, 2026, and implemented via Certificate of Amendment filed July 9, 2026, effective July 13, 2026. This is a structural amendment to the Certificate of Incorporation under Item 5.03. While the reverse split is undertaken to regain Nasdaq compliance with the Bid Price Rule (addressing delisting risk), the primary disclosed action is the amendment to corporate governance documents. The event is material as it affects share structure and capital markets access, but the core classification is governance-related rather than delisting_risk, since the filing centers on the amendment itself rather than a notice of delisting or failure to comply.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:32:00.106675+00:00","company_name":"","ticker":null,"filing_date":""},{"id":15263,"accession_number":"0001193125-26-300314","item_number":"7.01","item_title":"Regulation FD.","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a 1-for-25 reverse stock split undertaken specifically \"to Ensure Compliance with Nasdaq Continued Listing Requirements.\" The press release explicitly states the reverse split \"ensures we remain in compliance with Nasdaq listing standards\" and references the risk that \"the Company may otherwise be unable to satisfy the continued listing requirements of The Nasdaq Capital Market and that its common stock could be delisted.\" This is a direct response to delisting risk tied to the minimum bid price requirement.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:32:00.106675+00:00","company_name":"","ticker":null,"filing_date":""},{"id":15264,"accession_number":"0001193125-26-300314","item_number":"8.01","item_title":"Other Events.","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a 1-for-25 reverse stock split undertaken \"to ensure compliance with Nasdaq continued listing requirements\" and to address the \"minimum bid price requirement\" for Nasdaq listing. The press release explicitly states the reverse split was necessary to \"regain and maintain compliance with the minimum bid price requirement of The Nasdaq Capital Market\" and warns of \"the risk that the Company may otherwise be unable to satisfy the continued listing requirements of The Nasdaq Capital Market and that its common stock could be delisted.\" This is a material disclosure of delisting risk and the remedial action taken to address it.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:32:00.106675+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":15260,"accession_number":"0001193125-26-300314","item_number":"3.01","item_title":"Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.95,"reasoning":"The filing discloses that LM Funding received a second notification from Nasdaq on July 7, 2026, confirming the company's common stock failed to regain compliance with the $1.00 minimum bid price rule. While Nasdaq granted an additional 180-day cure period (until January 4, 2027), the disclosure explicitly states that if compliance is not achieved by that date, \"Nasdaq will provide written notification that the Company's common stock will be delisted.\" This is a classic delisting-risk disclosure under Item 3.01, materially affecting investor assessment of the company's continued market access.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:32:00.106675+00:00","company_name":"LM FUNDING AMERICA, INC.","ticker":"LMFA","filing_date":"2026-07-10"},{"id":15261,"accession_number":"0001193125-26-300314","item_number":"3.03","item_title":"Material Modification to Rights of Security Holders.","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a 1-for-25 reverse stock split undertaken explicitly \"to Ensure Compliance with Nasdaq Continued Listing Requirements.\" The press release states the reverse split \"ensures we remain in compliance with Nasdaq listing standards\" and references the risk that \"the Company may otherwise be unable to satisfy the continued listing requirements of The Nasdaq Capital Market and that its common stock could be delisted.\" This is a material event addressing delisting risk through a capital structure modification.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:32:00.106675+00:00","company_name":"LM FUNDING AMERICA, INC.","ticker":"LMFA","filing_date":"2026-07-10"},{"id":15262,"accession_number":"0001193125-26-300314","item_number":"5.03","item_title":"Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a reverse stock split (1-for-25) approved by shareholders on June 16, 2026, and implemented via Certificate of Amendment filed July 9, 2026, effective July 13, 2026. This is a structural amendment to the Certificate of Incorporation under Item 5.03. While the reverse split is undertaken to regain Nasdaq compliance with the Bid Price Rule (addressing delisting risk), the primary disclosed action is the amendment to corporate governance documents. The event is material as it affects share structure and capital markets access, but the core classification is governance-related rather than delisting_risk, since the filing centers on the amendment itself rather than a notice of delisting or failure to comply.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:32:00.106675+00:00","company_name":"LM FUNDING AMERICA, INC.","ticker":"LMFA","filing_date":"2026-07-10"},{"id":15263,"accession_number":"0001193125-26-300314","item_number":"7.01","item_title":"Regulation FD.","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a 1-for-25 reverse stock split undertaken specifically \"to Ensure Compliance with Nasdaq Continued Listing Requirements.\" The press release explicitly states the reverse split \"ensures we remain in compliance with Nasdaq listing standards\" and references the risk that \"the Company may otherwise be unable to satisfy the continued listing requirements of The Nasdaq Capital Market and that its common stock could be delisted.\" This is a direct response to delisting risk tied to the minimum bid price requirement.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:32:00.106675+00:00","company_name":"LM FUNDING AMERICA, INC.","ticker":"LMFA","filing_date":"2026-07-10"},{"id":15264,"accession_number":"0001193125-26-300314","item_number":"8.01","item_title":"Other Events.","event_type":"delisting_risk","event_domain":"terminal","is_material":true,"confidence":0.85,"reasoning":"The filing discloses a 1-for-25 reverse stock split undertaken \"to ensure compliance with Nasdaq continued listing requirements\" and to address the \"minimum bid price requirement\" for Nasdaq listing. The press release explicitly states the reverse split was necessary to \"regain and maintain compliance with the minimum bid price requirement of The Nasdaq Capital Market\" and warns of \"the risk that the Company may otherwise be unable to satisfy the continued listing requirements of The Nasdaq Capital Market and that its common stock could be delisted.\" This is a material disclosure of delisting risk and the remedial action taken to address it.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-10T12:32:00.106675+00:00","company_name":"LM FUNDING AMERICA, INC.","ticker":"LMFA","filing_date":"2026-07-10"}]}