SCHEDULE: Armistice Capital Discloses 9.99% Stake in LM Funding
Beneficial Ownership Report
Armistice Capital, LLC and Steven Boyd have disclosed a 9.99% beneficial ownership stake in LM Funding America, Inc., totaling 525,583 shares.
Summary
- Armistice Capital, LLC and Steven Boyd, collectively referred to as the "Reporting Persons," have filed an Amendment No. 3 to Schedule 13G.
- The filing reports beneficial ownership of 525,583 shares of Common Stock of LM Funding America, Inc.
- This ownership represents 9.99% of the outstanding class of securities.
- Armistice Capital, LLC, a Delaware entity, acts as the investment manager for Armistice Capital Master Fund Ltd., the direct holder of the shares.
- Steven Boyd, a U.S. citizen, is the managing member of Armistice Capital, LLC.
- Both reporting persons hold shared voting and shared dispositive power over all 525,583 shares.
- 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: 5
Explanation: The filing is a standard beneficial ownership disclosure (Schedule 13G) indicating a passive investment. It does not contain information that would inherently suggest positive or negative sentiment regarding the company's performance or outlook, beyond the fact that an investment firm holds a significant stake.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding the issuer's future performance or operations.
Industry Context
This filing indicates a significant passive investment by an investment adviser and its principal in LM Funding America, Inc. Such disclosures are common in the financial industry, reflecting portfolio positions rather than direct operational or strategic shifts within the issuer's sector.
Stakeholder Impact
- Shareholders: Disclosure of a significant ownership stake by an institutional investor can provide transparency and potentially signal confidence in the company, though the filing explicitly states the stake is for ordinary course of business and not for control.
Key Dates
| Date | Description |
|---|---|
| 06/30/2025 | Date of event which required the filing of this statement (beneficial ownership exceeding 5% threshold). |
| 08/14/2025 | Date the Schedule 13G/A Amendment No. 3 was signed and filed. |
Keywords
LM Funding America, Armistice Capital, Steven Boyd, Beneficial Ownership, Schedule 13G, Common Stock, Investment Management, SEC Filing
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