LMP Automotive Holdings, Inc. announces that it will release its first quarter 2021 financial results and second quarter financial update and file its Form 10Q for the period ending March 31, 2021 on Tuesday, June 29, 2021

FORT LAUDERDALE, FL, June 17, 2021 (GLOBE NEWSWIRE) – LMP Automotive Holdings, Inc. (“LMP” or the “Company”) (NASDAQ: LMPX), an automotive retailer based on e-commerce and facilities in the United States United States, today announced that it will release its 2021 first quarter financial results and second quarter financial update and file its Form 10Q for the period ending March 31, 2021, on Tuesday, June 29, 2021. To Following the filing of its Form 10Q for the period ending March 31, 2021, the Company will again comply with the Nasdaq Listing Rule 5250 (c) (1), which requires the timely filing of all periodic financial reports required from the Securities and Exchange Commission.

The Company will hold a conference call to discuss these financial results that afternoon at 4:30 p.m. Eastern Time.

What:
LMP Automotive Holdings, Inc.First Quarter 2021 Financial Results Conference Call
When:
Tuesday, June 29, 2021
Time:
4:30 p.m. ET
Live call:
1-877-407-3982; International: 1-201-493-6780.
A replay of the conference call will be available until Tuesday, July 13, 2021, by dialing 1-844-512-2921 or 1-412-317-6671 and entering passcode 13720698.

ABOUT LMP AUTOMOTIVE HOLDINGS, INC.
LMP Automotive Holdings, Inc. (NASDAQ: LMPX) is a growing company with a long-term plan to consolidate and profitably partner with auto dealer groups in the United States. We offer a wide range of products and services spanning the entire vehicle ownership lifecycle, including new and used vehicles, financing and insurance products, and auto repair and maintenance.

Our proprietary e-commerce technology and strategy is designed to disrupt the industry by leveraging our experienced teams, a growing selection of owned inventory and a physical logistics network. We seek to provide customers with a seamless experience both online and in person. Our physical logistics network enables us to provide free and convenient delivery points for customers and to provide services throughout the property lifecycle. We use digital technologies to reduce our customer acquisition costs, achieve operational efficiency and generate additional revenue. Our unique growth model generates significant cash flow, which funds our innovation and expansion into new geographic markets, as well as the strategic construction of dealer networks, creating the personal transportation solutions that consumers want.

ABOUT LMP AUTOMOTIVE HOLDINGS, INC.
LMP Automotive Holdings, Inc. (NASDAQ: LMPX) is a growing company with a long-term plan to consolidate and profitably partner with auto dealer groups in the United States. We offer a wide range of products and services spanning the entire vehicle ownership lifecycle, including new and used vehicles, financing and insurance products, and auto repair and maintenance.

Our proprietary e-commerce technology and strategy is designed to disrupt the industry by leveraging our experienced teams, a growing selection of owned inventory and a physical logistics network. We seek to provide customers with a seamless experience both online and in person. Our physical logistics network enables us to provide free and convenient delivery points for customers and to provide services throughout the property lifecycle. We use digital technologies to reduce our customer acquisition costs, achieve operational efficiency and generate additional revenue. Our unique growth model generates significant cash flow, which funds our innovation and expansion into new geographic markets, as well as the strategic construction of dealer networks, creating the personal transportation solutions that consumers want.

For more information visit: https://lmpmotors.com/.

FORWARD-LOOKING STATEMENTS:
This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. These statements include, without limitation, all statements relating to our expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar matters which are not historical facts. These statements may be preceded, followed or include the words “aim”, “anticipate”, “believe”, “estimate”, “expect”, “foresee”, “intend”, “probable”, ” perspectives “, plan”, “potential”, “project”, “projection”, “seek”, “can”, “could”, “could”, “should”, “would”, will “, the negative aspects of these and other words and terms with similar meanings. Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could adversely affect our business, results of operations, financial condition and the value of our shares. Factors that could cause actual results to differ materially from those currently expected include: our reliance on external sources to fund our operations; our ability to effectively execute our business plan; our ability to maintain and develop our reputation and to achieve and maintain market acceptance of our services and platform; our ability to manage the growth of our operations over time; our ability to maintain adequate protection of our intellectual property and to avoid infringement of the intellectual property rights of others; our ability to maintain and develop relationships with existing customers and automotive suppliers; and our ability to compete and succeed in a highly competitive and constantly changing industry; as well as other risks described in our documents filed with the SEC. There can be no assurance that any forward-looking statements will materialize. You are cautioned not to place undue reliance on forward-looking statements, which reflect expectations only as of this date. We expressly disclaim any obligation or commitment to publicly release any update or revision to any forward-looking statement contained herein to reflect any change in our expectations or any change in the events, conditions or circumstances upon which such statement is based, unless required by law.

CONTACT: Investor Relations: LMP Automotive Holdings, Inc. 500 East Broward Boulevard, Suite 1900 Fort Lauderdale, FL 33394 investors@lmpah.com

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