LM Funding America (LMFA) Prices 6.31M Share Offering at $4.75/sh

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LM Funding Announces Pricing of Upsized $30 Million Underwritten Public Offering Priced At-the-Market

October 18, 2021 9:15 AM EDT

TAMPA, Fla., Oct. 18, 2021 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) (LM Funding or the Company), a technology-based specialty finance company that intends to expand into the cryptocurrency mining business, today announced the pricing of an underwritten public offering of 6,315,780 shares of its common stock and warrants to purchase up to 6,315,780 shares of the Companys common stock. Each share of common stock is being sold in a unit together with one common warrant at a public offering price of $4.75 per unit.

The common warrants... More