LM Funding America (LMFA) 8-K Summary
- Key Event: Board authorized a share repurchase program on November 3, 2025.
- Authorization Limit: Up to $1.5 million of the Company’s common stock.
- Execution Details: Purchases will be discretionary, executed through open market or private negotiations, complying with Rule 10b-18.
- Funding is expected from existing cash balances and potential borrowings under credit facilities.
- The program expires September 30, 2026, and management notes there is no guarantee any shares will actually be repurchased. The Board reta