LM FUNDING AMERICA, INC. 8-K

What Happened
On March 27, 2026, LM Funding America, Inc. announced it entered into an At-The-Market Offering Agreement with Maxim Group LLC to offer and sell up to US$75,000,000 of its common stock. The shares, if sold, will be issued under the company’s existing Form S-3 shelf registration (File No. 333-281528, declared effective Nov 21, 2024). There is no minimum offering amount, and the company has no obligation to sell any shares; either party may suspend or terminate sales under the agreement.

Key Details

• Agreement date: March 27, 2026; Agent: Maxim Group LLC.
• Maximum aggregate offering amount: up to $75,000,000 of common stock.
• Commission: the company will pay the Agent a cash transaction fee equal to 3.0% of the gross sales price of shares sold.
• Expense reimbursement and limits: company will reimburse Agent’s reasonable out-of-pocket expenses, including legal fees, up to $50,000 without additional company approval; company provides customary indemnification and contribution provisions.
• Sales mechanism: shares may be sold from time to time as an “at the market” offering under Rule 415; timing, daily limits, and minimum prices (if any) will be set by the company when instructing the Agent.

Why It Matters
This ATM program gives LM Funding America a flexible way to raise equity capital when market conditions are favorable without a fixed equity issuance. For investors, future sales under the program could dilute existing shares and increase share count; actual dilution and proceeds are unknown until sales occur because there is no minimum offering amount. Monitor future SEC filings and prospectus supplements for any notices of shares sold, pricing, and the company’s stated use of proceeds.