LM Funding America, Inc. made a stalking horse bid to acquire Substantially all of the assets of Symbiont.io, Inc. for $2.6 million.

LM Funding America, Inc. (NasdaqCM:LMFA) agreed to acquire Substantially all of the assets of Symbiont.io, Inc. for $2.6 million on May 23, 2023. The transaction is subject to bankruptcy court. LM Funding America, Inc. (NasdaqCM:LMFA) agreed to acquire Assets of Symbiont.io, Inc. on June 2, 2023.

As of June 2, 2023, bankruptcy court approval was received.