LM Funding America Closes Initial Public Offering (LM Funding America Inc)

(Source: LM Funding America Inc) TAMPA, Fla., Oct. 23, 2015 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ:LMFAU), a specialty finance company offering unique funding solutions to community associations, has closed its initial public offering of 1,200,000 units, each consisting of one share of common stock and one warrant to purchase one share of common stock, at a public offering price of $10.00 per unit, before deducting placement agent fees. The units will be listed on the Nasdaq Capital Market under the symbol “LMFAU” and are anticipated to commence trading on October 23, 2015. The shares of common stock and warrants comprising the...