SCHEDULE 13G/A: LMR Partners Discloses 8.2% Stake in OppFi Inc. Class A Common Stock

LMR Partners and its affiliated entities have filed an amended Schedule 13G, reporting a beneficial ownership of 8.2% of OppFi Inc.'s Class A Common Stock as of December 31, 2024.

Summary

• LMR Partners LLP, LMR Partners Limited, LMR Partners LLC, LMR Partners AG, LMR Partners (DIFC) Limited, LMR Partners (Ireland) Limited (collectively, the "LMR Investment Managers"), along with individuals Ben Levine and Stefan Renold, collectively referred to as the "Reporting Persons," have filed an Amendment No. 4 to Schedule 13G.
• As of December 31, 2024, the Reporting Persons beneficially own an aggregate of 1,897,553 shares of OppFi Inc.'s Class A Common Stock.
• This ownership represents 8.2% of the outstanding Class A Common Stock, calculated based on 21,218,110 shares outstanding as of November 5, 2024, plus shares acquirable within 60 days.
• The beneficial ownership includes warrants to purchase 948,776 shares held by LMR Multi-Strategy Master Fund Limited and warrants to purchase 948,777 shares held by LMR CCSA Master Fund Ltd, totaling 1,897,553 exercisable shares.
• The Reporting Persons hold shared voting power and shared dispositive power over all 1,897,553 shares, with no sole voting or dispositive power.
• 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 OppFi Inc.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, providing no positive or negative performance indicators or forward-looking statements that would influence sentiment.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of a significant passive ownership stake by an investment firm in a publicly traded company. It reflects an investment decision by LMR Partners in OppFi Inc., a financial technology company, but does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: The disclosure of a significant 8.2% stake by LMR Partners indicates a notable institutional investor's position in OppFi Inc., which could be viewed positively as a vote of confidence or as a potential influence on future corporate actions, although the filing states the shares are held passively.

Key Dates

Keywords

OppFi Inc., LMR Partners, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Managers, Warrants, SEC Filing