Armistice Capital, LLC Reports 9.99% Stake in LM Funding America, Inc. (LMFA)
On May 15, 2026, Armistice Capital, LLC and its managing member, Steven Boyd, filed a Schedule 13G/A with the SEC, reporting a significant increase in their position in LM Funding America, Inc. (LMFA). As of the event date on March 31, 2026, the reporting persons beneficially own 1,661,395 shares of common stock, representing 9.99% of the company. This marks a substantial increase from the previously reported 0.0% ownership level. The shares are held directly by Armistice Capital Master Fund Ltd., for which Armistice Capital, LLC serves as the investment manager. Steven Boyd, through his role as managing member of Armistice Capital, LLC, may also be deemed to have shared voting and dispositive power over these securities. The filing indicates that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. The Master Fund, an investment advisory client of Armistice Capital, retains the right to receive dividends and proceeds from the sale of these shares.