Lm Fdg Amer Inc This company, LM Funding (LMFA) filed to c

Mr. Blue01/09/2021 03:56

$Lm Fdg Amer Inc This company, LM Funding (LMFA) filed to create its own blank check company, LM Acquisition, which wants to bring a fintech company public. Fintech companies are on fire. This new blank check company is not currently trading yet, so of course the price would rise for LMFA. As a bonus, once the offering in consumated, this company, LMFA, will own 20% of the issued and outstanding stock belonging to LM Acquisition. So yes, the price *should* be higher than it is now by Monday pm. Once LM Acquisition merges with the Fintech company of its choice after raising $75M, this company, LMFA, will own 20% of its stock... depending on how well the merger goes, and how “hot” the fintech company is, LMFA *should* rise even more. That’s the best way I can explain it.

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