LM Funding America Inc. has received a notice from the Nasdaq Stock Market indicating that its consolidated closing bid price has fallen below the $1.00 per share minimum required for continued listing on the Nasdaq Capital Market for 35 consecutive business days. As a result, the company is not in compliance with Nasdaq Listing Rule 5550(a)(2). LM Funding America has been granted a 180-day grace period, until July 6, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 per share for at least ten consecutive business days. If the company fails to meet this requirement within the allotted time, it may be eligible for an additional 180-day compliance period, subject to certain conditions. Failure to regain compliance could result in the delisting of its common stock from Nasdaq.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LM Funding America Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-008955), on January 09, 2026, and is solely responsible for the information contained therein.
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