LM Funding America Inc (LMFA)

[Penny Grabber]

New filing

Notice of effectiveness filed S-3 for LMFA

A "Notice of Effectiveness S-3" refers to a notification from the Securities and Exchange Commission (SEC) that a company's Form S-3 registration statement, used for shelf offerings of securities, has become effective, meaning the company is now permitted to sell the registered securities to the public whenever they choose within the shelf registration period; essentially, it signifies that the SEC has reviewed and approved the company's offering details and the securities can be sold immediately upon filing a prospectus supplement with specific offering terms.