LM FUNDING AMERICA, INC. 8-K

What Happened
LM Funding America, Inc. filed an 8-K on January 6, 2026 notifying holders of outstanding common stock warrants that, due to price-protection provisions tied to a recent offering, the exercise price on those warrants has been reduced. The company said the change affects warrants to purchase an aggregate 16,670,623 shares of common stock, lowering the per-share exercise price from $0.97 to $0.48. The adjustment stems from the offering described in the company’s Form 8-K filed December 22, 2025.

Key Details

• Affected warrants: rights to purchase 16,670,623 shares of common stock.
• Original exercise price: $0.97 per share; new exercise price: $0.48 per share.
• Trigger: price-protection provisions tied to the company’s offering disclosed in the December 22, 2025 Form 8-K.
• Filing date: Form 8-K filed January 6, 2026.

Why It Matters
A reduced exercise price means the company would receive less cash if the warrants are exercised (approx. $8.00 million at $0.48 vs. approx. $16.17 million at $0.97, if all warrants are exercised). It also changes the economics for warrant holders and could affect potential dilution if the warrants are exercised. The 8-K reports the price adjustment only; it does not state whether or when holders will exercise the warrants.