LM Funding America Shareholders Approve Key Capital Actions

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2026.06.18 13:29
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LM Funding America shareholders approved key capital actions at its June 16, 2026 annual meeting. Approvals included electing new directors, ratifying MaloneBailey LLP as auditor, authorizing the issuance of over 19.99% of outstanding common stock via warrant exercises, and permitting a reverse stock split between 1-for-5 and 1-for-25. These measures aim to enhance capital structure flexibility and listing compliance.