LMAOU = 1C + 1 whole Warrant


Prospectus 1/27/21

Trust 10.20 -$91,800,000 or $105,570,000 if the underwriters’ over-allotment option is exercised in full ($10.20 per unit, in either case) 

18 months extendable 3 months with 0.10 to trust. 

​Whole warrant. 


focus our efforts in the financial services industry, specifically within alternative lending, asset management, business process outsourcing, housing and commercial real estate finance, insurance, and tech-enabled business opportunities. financial services industry and related sectors, including potentially the FinTech sector, with an enterprise value of approximately $250 million to $500 million.  

Our executive offices are located at 1200 W. Platt St., Suite 100, Tampa, FL 33606, and our telephone number is (813) 222-8996.

“LMFA” are to LM Funding America, Inc., a Delaware corporation that is publicly traded on the Nasdaq Capital Market under the trading symbol “LMFA”;

Our operations will be spearheaded by Bruce Rodgers, who serves as Chairman of the Board, Chief Executive Officer and President of our company. Mr. Rodgers also serves as Chairman, Chief Executive Officer, and President of LMFA, an affiliate of our sponsor and publicly traded company on the Nasdaq Capital Market.  Mr. Rodgers was instrumental in developing LMFA’s business model prior to its inception and was one of its primary investors.  As LMFA’s Chief Executive Officer, Mr. Rodgers has guided LMFA through its initial public offering, subsequent public offerings, and acquisitions of complementary businesses.  Mr. Rodgers is a former business transactions attorney counseling numerous businesses with respect to mergers, acquisitions and capital raising transactions.  In this capacity, Mr. Rodgers was an associate of Macfarlane, Ferguson, & McMullen, P.A. from 1991 to 1995 and a partner from 1995-1998 and was an equity partner of Foley & Lardner LLP from 1998 to 2003. Originally from Bowling Green, Kentucky, Mr. Rodgers holds an engineering degree from Vanderbilt University (1985) and a Juris Doctor, with honors, from the University of Florida (1991). Mr. Rodgers also served as an officer in the United States Navy from 1985-1989 rising to the rank of Lieutenant, Surface Warfare Officer. Mr. Rodgers is a member of the Florida Bar and holds an AV-Preeminent rating from Martindale Hubbell.

Richard Russell serves as our Chief Financial Officer, Treasurer, Secretary and a director.  He has served as Chief Financial Officer of LMFA, an affiliate of our sponsor and publicly traded company on the Nasdaq Capital Market since 2017.  Since 2016, he has provided financial and accounting consulting services with a focus on technical and external reporting, internal auditing, mergers & acquisitions, risk management, and CFO and controller services.  Mr. Russell also served as Chief Financial Officer for Mission Health Communities from 2013 to 2016 and, before that, Mr. Russell served in a variety of roles for Cott Corporation from 2007 to 2013, including Senior Director Finance, Senior Director of Internal Auditing, and Assistant Corporate Controller.  Mr. Russell’s extensive professional experience with public companies includes his position as Director of Financial Reporting for Quality Distribution, a transportation and logistics company, from 2004 – 2007, and as Director of Financial Reporting for Danka Business Systems PLC, a supplier of photocopiers and office imaging equipment, from 2001 – 2004.  Mr. Russell also serves as Chief Financial Officer of Generation Income Properties, Inc., which is a publicly traded real estate company that has been trading on the OTCQB Venture Market since March 2019.  Mr. Russell earned his bachelor of science in accounting and a master’s in tax accounting from the University of Alabama, a bachelor of arts in international studies from the University of South Florida, and a master’s in business administration from the University of Tampa.  On March 1, 2020, Mr. Russell was appointed to the board of directors for Trident Brands Inc. (“TDNT”), a publicly held consumer products company that has been trading on the OTCQB Venture Market since April 2015. Mr. Russell is also Chairman of the Hillsborough County Internal Audit Committee since January 2020 and has been a board member since August 2016.