Shares of blank check company LM Funding America, Inc. (LMFA) are currently gaining over 70%. The company announced it closed its $103.5 million initial public offering.

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Shares of blank check company LM Funding America, Inc. (LMFA) are currently gaining over 70%. The company announced it closed its $103.5 million initial public offering.

RTTNews | Jan 29, 2021 09:57AM EST

09:56 Friday, January 29, 2021 (RTTNews.com) - Shares of blank check company LM Funding America, Inc. (LMFA) are currently gaining over 70%. The company announced it closed its $103.5 million initial public offering.

LMFA is currently trading at $2.60, up $1.10 or 73.3333%, on the Nasdaq.

The company's units commenced trading on the Nasdaq on January 26, 2021 under the symbol "LMAOU."

Read the original article on RTTNews ( https://www.rttnews.com/3165056/stock-alert-lm-funding-america-surges-70.aspx)

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