LM Funding America Inc美股招股说明书(2026-03-27版)

LM Funding America, Inc. Common Stock We have entered into an at the market offering agreement (the “Sales Agreement”) with Maxim Group LLC (“Maxim” or the “Sales Agent”), datedMarch27, 2026, relating to the sale of shares of common stock, par value $0.001 per share, offered by this prospectus supplement and theaccompanying prospectus. In accordance with the terms of the Sales Agreement, under this prospectus supplement and the accompanying prospectus,we may offer and sell shares of common stock having an aggregate offering price of up to $75,000,000 from time to time through or to the Sales Agent,acting as our sales agent or principal. Sales of our common stock, if any, under this prospectus supplement and the accompanying prospectus may be made by any method permitted that isdeemed an “at the market offering” as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended (the “Securities Act”) ,including sales made directly on or through The Nasdaq Capital Market, the existing trading market for our common stock, sales made to or through amarket maker other than on an exchange or otherwise, directly to the Sales Agent as principal, in negotiated transactions at market prices prevailing atthe time of sale or at prices related to such prevailing market prices and/or in any other method permitted by law. If we and the Sales Agent agree on anymethod of distribution other than sales of our common stock into The Nasdaq Capital Market or another existing trading market in the United States atmarket prices, we will file a further prospectus supplement providing all information about such offering as required by Rule 424(b) under the SecuritiesAct. The Sales Agent is not required to sell any specific number or dollar amount of common stock, but will act as our sales agent using commerciallyreasonable efforts consistent with its normal trading and sales practices. There is no arrangement for funds to be received in any escrow, trust or similararrangement. The Sales Agent will be entitled to a commission equal to 3% of the gross sales price per share sold under the Sales Agreement. The amount of proceedswe will receive from this offering, if any, will depend on the actual number of shares sold and the market price at which such shares are sold. Becausethere is no minimum offering amount required as a condition to close this offering, the actual total public offering amount, commissions and proceeds tous, if any, are not determinable at this time. In connection with the sale of common stock on our behalf, the Sales Agent will be deemed to be an “underwriter” within the meaning of the SecuritiesAct and the compensation of the Sales Agent will be deemed to be underwriting commissions or discounts. We have also agreed to provideindemnification and contribution to the Sales Agent with respect to certain liabilities, including liabilities under the Securities Act or the SecuritiesExchange Act of 1934, as amended (the “Exchange Act”). Our common stock is listed on The Nasdaq Capital Market under the symbol “LMFA.” On March24, 2026, the last reported sale price of our commonstock on The Nasdaq Capital Market was $0.318 per share. Investing in our common stock involves a high degree of risk. You should read this prospectus supplement and theaccompanying prospectus carefully before you make your investment decision. See “Risk Factors” beginning on pageS-9 of this prospectus supplement, as well as the documents we file with the Securities and Exchange Commission thatare incorporated by reference in this prospectus supplement and in the accompanying prospectus, including our mostrecent Annual Report on Form 10-K, our most recent Quarterly Report on Form 10-Q, and any subsequently filedQuarterly Reports on Form 10-Q and Current Reports on Form 8-K, for more information. Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities ordetermined if this prospectus supplement or the accompanying prospectus is truthful or complete. Any representation to the contrary is acriminal offense. Maxim Group LLC The date of this prospectus supplement is March27, 2026. Table of Contents TABLE OF CONTENTS Prospectus Supplement About This Prospectus Supplement and ProspectusCautionary Statement Regarding Forward-Looking StatementsProspectus Supplement SummaryThe OfferingRisk FactorsUse of ProceedsPlan of DistributionLegal MattersExpertsWhere You Can Find Additional Information; Incorporation By Reference Prospectus ABOUT THIS PROSPECTUSCAUTIONARY STATEMENT ABOUT FORWARD-LOOKING STATEMENTSPROSPECTUS SUMMARYRISK FACTORSUSE OF PROCEEDSDESCRIPTION OF CAPITAL STOCKDESCRIPTION OF WARRANTSDESCRIPTION OF UNITSPLAN OF DISTRIBUTION LEGAL MATTERS EXPERTS WHERE YOU CAN FIND MORE INFORMATION We are offering to sell, and are seeking offers to buy, the securities only in jurisdictions where such offers and sales are permitted. Thedistribution of thi