{"id":520315,"date":"2021-07-29T16:11:30","date_gmt":"2021-07-29T20:11:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/custodian-ventures-announces-5-2-ownership-interest-in-lm-funding-america-inc\/"},"modified":"2021-07-29T16:11:30","modified_gmt":"2021-07-29T20:11:30","slug":"custodian-ventures-announces-5-2-ownership-interest-in-lm-funding-america-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/custodian-ventures-announces-5-2-ownership-interest-in-lm-funding-america-inc\/","title":{"rendered":"Custodian Ventures Announces 5.2% Ownership Interest in LM Funding America, Inc."},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, July  29, 2021  (GLOBE NEWSWIRE) &#8212; Custodian Ventures LLC (together with its affiliates, \u201cCustodian Ventures\u201d or \u201cwe\u201d), today filed a Schedule 13D announcing its acquisition of approximately 5.2% of the common stock outstanding of LM Funding America, Inc. (NASDAQ: LMFA) (\u201cLMFA\u201d or the \u201cCompany\u201d). David E. Lazar, Chief Executive Officer of Custodian Ventures, issued the following statement:<\/p>\n<p align=\"justify\">\u201cWe invested in LMFA due to the Company\u2019s stated intention to explore potential acquisitions, financing activities and\/or strategic transactions to maximize shareholder value following the improvement of its cash position and the digital assets strategy the Company unveiled in January 2021. We commend the Board of Directors on the Company\u2019s progress in line with this strategy to date including the announcement of both its recent purchase of $2 million in digital assets and its intent to develop transactional capabilities involving digital assets, including Bitcoin and Ether, the native cryptocurrency of the Ethereum platform, both organically and through potential acquisitions. We will be monitoring the Company\u2019s developments with interest.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About Custodian Ventures<br \/><\/strong>Custodian Ventures LLC is an investment fund specializing in reverse merger and other event-driven opportunities. Its Chief Executive Officer,\u00a0David E. Lazar, brings domestic and international experience in operations, accounting, audit preparation, due diligence, capital restructuring, debt financing, and mergers and acquisitions.<\/p>\n<p>\n        <strong>Investor Contact Information:<\/strong><br \/>\n        <br \/>David E. Lazar<br \/>David@activistinvestingllc.com<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI4OTQzMyM0MzIwNDI2IzUwMDA4MTg5Mg==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/1f334567-31bd-4d1d-8da2-7a3240bd5d43\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) &#8212; Custodian Ventures LLC (together with its affiliates, \u201cCustodian Ventures\u201d or \u201cwe\u201d), today filed a Schedule 13D announcing its acquisition of approximately 5.2% of the common stock outstanding of LM Funding America, Inc. (NASDAQ: LMFA) (\u201cLMFA\u201d or the \u201cCompany\u201d). David E. Lazar, Chief Executive Officer of Custodian Ventures, issued the following statement: \u201cWe invested in LMFA due to the Company\u2019s stated intention to explore potential acquisitions, financing activities and\/or strategic transactions to maximize shareholder value following the improvement of its cash position and the digital assets strategy the Company unveiled in January 2021. We commend the Board of Directors on the Company\u2019s progress in line with this strategy to date including the announcement &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/custodian-ventures-announces-5-2-ownership-interest-in-lm-funding-america-inc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Custodian Ventures Announces 5.2% Ownership Interest in LM Funding America, Inc.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-520315","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Custodian Ventures Announces 5.2% Ownership Interest in LM Funding America, Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/custodian-ventures-announces-5-2-ownership-interest-in-lm-funding-america-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Custodian Ventures Announces 5.2% Ownership Interest in LM Funding America, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) &#8212; Custodian Ventures LLC (together with its affiliates, \u201cCustodian Ventures\u201d or \u201cwe\u201d), today filed a Schedule 13D announcing its acquisition of approximately 5.2% of the common stock outstanding of LM Funding America, Inc. (NASDAQ: LMFA) (\u201cLMFA\u201d or the \u201cCompany\u201d). David E. Lazar, Chief Executive Officer of Custodian Ventures, issued the following statement: \u201cWe invested in LMFA due to the Company\u2019s stated intention to explore potential acquisitions, financing activities and\/or strategic transactions to maximize shareholder value following the improvement of its cash position and the digital assets strategy the Company unveiled in January 2021. 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