NEW YORK, Oct. 23, 2015 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) announced that trading of LM Funding America, Inc. (Nasdaq:LMFAU) commenced on The Nasdaq Stock Market on October 23, 2015.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/179a873f-eded-4464-b784-1f22813d0517
LM Funding is a specialty finance company that provides funding to nonprofit community associations. The company currently operates in the states of Florida, Colorado, and Washington. Since its founding in 2008, LM Funding has worked to help fill the financing void through the funding of delinquent accounts receivable for nearly 500 associations across these three states.
“LM Funding’s model allows community associations to focus on maintaining their operations, and we are excited to welcome the company to the Nasdaq family,” said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. “We congratulate LM Funding on a successful initial public offering.”
By listing on Nasdaq, LM Funding joins many of the world’s largest and most revolutionary companies. Nasdaq is the exchange of choice for 75 percent of companies in the financials sector that have listed on the U.S. markets year-to-date.
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Nasdaq, Inc. (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,600 listed companies with a market value of approximately $8.8 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
The photo is also available via AP PhotoExpress.
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