LM Funding America Inc (LMFA)

[Kilmal]

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Standard; Transfer of Listing.

On J uly 9 , 2018, The Nasdaq Stock Market LLC (“Nasdaq”) notified the Company that the Staff has determined to grant the Company an extension until October 17 , 2018 to comply with Listing Rule 5550(b), requiring a minimum of $2,500,000 of stockholders’ equity (the “Equity Standard”), or alternative criteria. As previously noted, the Company received notice on April 20 , 2018 from Nasdaq that the Company was no longer in compliance with the Equity Standard, or the alternative criteria, for continued listing on The Nasdaq Capital Market.
->->-> ->The Company submitted a compliance plan to the Staff, which was the basis for the Staff’s determination to grant the Company the extension until
->->->->October 17, 2018; however, there can be no assurance that the Company will be able to regain compliance with the applicable Nasdaq listing requirements.

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