Item 8.01 Other Events.
Item 8.01 Other Events.
As previously disclosed, on December 13, 2022, LM Funding America, Inc. (the
"Company") received a letter from The Nasdaq Stock Market LLC ("Nasdaq")
indicating that the Company's consolidated closing bid price had been below
$1.00 per share for the preceding 30 consecutive days, and that, therefore, the
Company was not in compliance with Nasdaq Listing Rule 5550(a)(2), which is the
minimum bid price requirement for continued listing on The Nasdaq Capital Market
(the "Bid Price Requirement").
On March 1, 2023, the Company received written notification from Nasdaq
confirming that the Company's common stock had a closing price of $1.00 per
share or greater for the last ten consecutive business days, from February 14,
2023 to February 28, 2023, and that, as a result, the Company has regained
compliance with the Bid Price Requirement and that the matter is now closed.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit Description
Number
104 Cover Page Interactive Data File, formatted in
Inline Extensible Business Reporting Language
(iXBRL)
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