LM FUNDING AMERICA, INC. (LMFA) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: May 15, 2026

Risk Assessment Details

Potential Dilution: 235.65% of current shares
Recent Dilution: 270.96% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
17M
Potential Supply
41M
Additional shares possible
Splits
None
Past 2 years

Summary

LMFA currently has 17.4M outstanding shares. with significant dilution risk as 40.9M authorized shares could dilute existing holders by 235.7%. The company has significantly diluted shareholders by 270.96% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 15, 2026

10-Q filing | 17.4M shares outstanding

17M 41M
Mar 31, 2026

10-K filing | 16.2M shares outstanding

16M 42M
Jan 06, 2026

8-K filing: LM Funding America, Inc. reduced the exercise price of outstanding common stock warrants to $0.48 per share due to price protection provisions, affecting warrants to purchase 16,670,623 shares of common stock.

12M 46M
Nov 14, 2025

10-Q filing | 12.2M shares outstanding

12M 46M
Nov 07, 2025

8-K filing: LM Funding America, Inc. adjusted the exercise price and number of shares issuable upon exercise of warrants originally issued in August 2025 and October 2021 due to reset and anti-dilution provisions.

5.1M 53M
Oct 31, 2025

8-K filing: LM Funding America, Inc. repurchased 3,308,575 shares of its common stock along with warrants to purchase 7,248,787 shares from institutional investors for approximately $8 million, funded by a loan from Galaxy Digital LLC. ($8.0M proceeds)

5.1M 53M
Sep 18, 2025

S-3/A filing: This S-3/A filing describes the potential resale of up to 52,668,995 shares of common stock of LM Funding America, Inc. by selling stockholders, including shares issuable upon exercise of common stock warrants.

5.1M 53M
Sep 02, 2025

8-K filing: LM Funding America, Inc. adjusts the exercise price and share issuance of warrants issued in August 2025 and October 2021 financing transactions due to reset and anti-dilution provisions, respectively.

5.1M 53M
Aug 27, 2025

S-3 filing: LM FUNDING AMERICA, INC. is offering up to 52,668,995 shares of common stock by the Selling Stockholders.

5.1M 53M
Aug 19, 2025

8-K filing: LM Funding America, Inc. completed a PIPE Offering of 4,322,265 shares of common stock and warrants for gross proceeds of $10.4 million and is expected to close a Registered Direct Offering of 5,231,681 shares of common stock and warrants for gross proceeds of $12.6 million on August 19, 2025. ($23.0M proceeds)

5.1M 440K
Aug 14, 2025

10-Q filing | 5.1M shares outstanding

5.1M 440K
May 15, 2025

10-Q filing | 5.1M shares outstanding

5.1M 440K
Mar 31, 2025

10-K filing | 5.1M shares outstanding

5.1M 440K
Jan 13, 2025

S-3 filing: This S-3 filing registers the offer and resale of up to 3,472,740 shares of common stock by a selling securityholder, stemming from common stock purchase warrants.

3.4M 2.2M
Nov 13, 2024

10-Q filing | 3.4M shares outstanding

3.4M 0
Oct 30, 2024

S-3/A filing: This is an S-3/A filing for LM Funding America, Inc. registering new and carry forward securities, including common stock, preferred stock, warrants and units, for a total offering amount of $150,000,000.

2.4M 0
Oct 30, 2024

S-3/A filing: This is an S-3/A filing to update a shelf registration statement.

2.4M 0
Sep 10, 2024

S-3 filing: LM Funding America, Inc. is offering up to 1,736,370 shares of common stock by the Selling Securityholder.

2.4M 5.8M
Aug 13, 2024

10-Q filing | 2.5M shares outstanding

2.5M 4M
Aug 13, 2024

S-3 filing: LM Funding America, Inc. is filing an S-3 to offer and sell up to $150,000,000 in the aggregate of common stock, preferred stock, warrants and units from time to time in one or more offerings.

2.4M 4M
May 15, 2024

10-Q filing | 2.4M shares outstanding

2.4M 4M
Apr 01, 2024

10-K filing | 2.3M shares outstanding

2.3M 4.2M
Mar 12, 2024
Stock Split

8-K filing: Stock split 1-for-6 | Outstanding: 13,480,470 → 2,246,745

2.2M 4.2M
Nov 14, 2023

10-Q filing | 13.5M shares outstanding

13M 25M
Aug 14, 2023

10-Q filing | 14.7M shares outstanding

15M 24M
May 15, 2023

10-Q filing | 14.7M shares outstanding

15M 24M
Mar 31, 2023

10-K filing | 13.1M shares outstanding

13M 26M
Nov 17, 2022

10-Q filing | 13.1M shares outstanding

13M 26M
Aug 17, 2022

10-Q filing | 13.1M shares outstanding

13M 26M
May 16, 2022

10-Q filing | 13.1M shares outstanding

13M 26M
Mar 31, 2022

10-K filing | 13.1M shares outstanding

13M 26M
Dec 07, 2021

8-K filing: LM Funding America, Inc. entered into a Secured Promissory Note and Loan Agreement with Symbiont.io, Inc., and also entered into a First Refusal and Purchase Option Agreement and a Common Stock Warrant agreement with Symbiont.

13M 26M
Nov 15, 2021

10-Q filing | 12.8M shares outstanding

13M 26M
Nov 10, 2021

8-K filing: LM Funding America, Inc. entered into strategic alliance agreements with OTC Miners Corp. and Spartan Crest Capital Corp., issuing 100,000 shares of restricted common stock to each of OTC Miners and Spartan and agreeing to pay OTC Miners $1,250,000 for anticipated expenses and a fee of 3% of any strategic transaction consideration.

5.4M 33M
Oct 20, 2021

8-K filing: LM Funding America, Inc. completed a public offering of 6,315,780 units, each consisting of one share of common stock and one warrant, at $4.75 per unit, resulting in gross proceeds of approximately $30,000,000 before deductions. The underwriter also exercised an over-allotment option to purchase 947,367 additional shares and 947,367 additional warrants. ($30.0M proceeds)

5.4M 33M
Sep 09, 2021

S-1 filing: The filing is an S-1 form for a proposed offering of units, each consisting of one share of common stock and one common warrant to purchase one share of common stock. The filing also covers shares of common stock issuable upon exercise of common warrants and representative's warrants.

5.4M 33M
Aug 16, 2021

10-Q filing | 5.4M shares outstanding

5.4M 33M
Jul 30, 2021

S-3 filing: LM FUNDING AMERICA, INC. is offering and selling up to $150,000,000 in the aggregate of common stock, preferred stock, warrants and units from time to time in one or more offerings.

5.4M 33M
May 14, 2021

10-Q filing | 5.4M shares outstanding

5.4M 0
May 07, 2021
Stock Split

8-K filing: Stock split 1-for-5 | Outstanding: 26,982,980 → 5,396,596

5.4M 0
Mar 31, 2021

10-K filing | 27.0M shares outstanding

27M 0
Jan 29, 2021

8-K filing: LMF Acquisition Opportunities, Inc., a special purpose acquisition company organized by LM Funding America, Inc., announced the closing of an initial public offering of units, selling 10,350,000 Units at $10.00 per unit, resulting in total gross proceeds of $103,500,000, and Sponsor purchased 5,738,000 warrants at a price of $1.00 per warrant ($5,738,000 in the aggregate) in a private placement. ($109.24M proceeds)

15M 0
Nov 16, 2020

10-Q filing | 15.4M shares outstanding

15M 0
Aug 12, 2020

S-1/A filing: This S-1/A filing, dated August 12, 2020, relates to a proposed offering of up to 7,142,856 units, each consisting of one share of common stock and one common warrant, and up to 7,142,856 pre-funded units, each consisting of one pre-funded warrant and one common warrant, with an aggregate offering price of $46,000,000.00.

5.1M 5.8M
Aug 07, 2020

10-Q filing | 5.1M shares outstanding

5.1M 0
Aug 03, 2020

S-1/A filing: This is an S-1/A filing detailing the expenses to be incurred in connection with the offering described in this registration statement, as well as information regarding indemnification of directors and officers.

3.8M 0
May 18, 2020

10-Q filing | 3.8M shares outstanding

3.8M 0
Apr 14, 2020

10-K filing | 3.1M shares outstanding

3.1M 0
Mar 27, 2020

8-K filing: LM Funding America, Inc. entered into a Share Exchange Agreement with Hanfor (Cayman) Limited, and also a Stock Purchase Agreement where Seller agreed to purchase from Company an aggregate of 520,833 shares of Company common stock at a price of $2.40 per share. ($1.25M proceeds)

N/A 0
Jan 02, 2020

8-K filing: LM Funding America, Inc. entered into a Loan Agreement and Promissory Note with Craven House North America, LLC in which LMFA loaned $1,500,000.00 to Craven, secured by 640,000 LMFA shares owned by Craven.

N/A 0
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