GlobeNewswire·Jul 9, 2026, 8:00 AM ET

LM Funding Announces 1-for-25 Reverse Stock Split to Ensure Compliance with Nasdaq Continued Listing Requirements and to Attract a Broader Audience of Investors

LM Funding America, Inc. (NASDAQ: LMFA) announced a 1-for-25 reverse stock split effective at 12:01 a.m. Eastern time on July 13, 2026.
The company is executing this split to maintain compliance with Nasdaq listing standards while expanding into high-performance computing & AI infrastructure.
Shareholders approved the split ratio range of 1:5 to 1:25 at the Annual Meeting on June 16, 2026, with the Board selecting 1:25 on June 24, 2026.
Upon effectiveness, every 25 outstanding shares will convert into one share, with fractional shares rounded up to the next whole share rather than issued.
The total number of authorized shares remains unchanged, & the stock will continue trading under the symbol "LMFA" with a new CUSIP of 502074 602.
CEO Bruce M. Rodgers cited the company's existing facilities in Oklahoma & Mississippi as a foundation for meeting rising AI compute demand.
LM Funding operates 26 megawatts of power infrastructure across two states & holds 322.7 Bitcoin as of May 31, 2026.