SCHEDULE 13G/A: Armistice Capital and Steven Boyd Disclose 9.99% Stake in LM Funding America

Armistice Capital, LLC and Steven Boyd have reported a 9.99% beneficial ownership stake in LM Funding America, Inc. as of March 31, 2025, through an amended Schedule 13G filing.

Summary

• Armistice Capital, LLC and Steven Boyd (collectively, the "Reporting Persons") have filed an Amendment No. 2 to Schedule 13G regarding their beneficial ownership in LM FUNDING AMERICA, INC.
• The filing indicates that the Reporting Persons collectively beneficially own 535,339 shares of LM Funding America, Inc.'s Common Stock.
• This ownership represents 9.99% of the total outstanding shares of the class.
• The shares are held with shared voting power and shared dispositive power by both Armistice Capital, LLC and Steven Boyd.
• Armistice Capital, LLC, a Delaware entity, acts as the investment manager for Armistice Capital Master Fund Ltd., which is the direct holder of the shares.
• Steven Boyd, a U.S. citizen, is the managing member of Armistice Capital, LLC.
• The Reporting Persons certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 7

Explanation: The disclosure of a significant 9.99% stake by a reputable investment firm like Armistice Capital is generally viewed positively as it indicates investor confidence in LM Funding America, Inc., even though it's a passive investment.

Positives

• A significant 9.99% stake in LM Funding America, Inc. has been disclosed by Armistice Capital, LLC, a notable investment firm, and its managing member, Steven Boyd, which can signal investor confidence.
• The investment is explicitly stated to be for ordinary course of business and not for the purpose of changing or influencing control, suggesting a passive, potentially long-term investment perspective.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding LM Funding America, Inc.'s future performance or strategic direction.

Industry Context

This Schedule 13G filing is a routine disclosure of beneficial ownership, indicating a significant stake held by an institutional investor. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: The disclosure of a significant stake by an institutional investor may increase confidence among existing and potential shareholders, signaling external validation of the company's value.
• Management: The company's management will be aware of a large, passive institutional shareholder, which could influence future strategic considerations or investor relations efforts.

Key Dates

Keywords

LM Funding America, Armistice Capital, Steven Boyd, Schedule 13G, beneficial ownership, common stock, investment, SEC filing