{"filings":[{"id":526956,"accession_number":"0001213900-26-059017","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2026-05-19T20:12:06+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"MSP Recovery gets $188K in emergency advances; stock downgraded to OTC Pink","event_type":"other_material","confidence":"high","bullets":["OTC Markets downgraded MSPR to OTC Pink effective May 20, 2026 due to delinquent Form 10-K filing.","Hazel advanced $94,000 under discretionary facility; no further funding available.","VRM advanced $94,000; condition requires appointing Nader Tavakoli as Chief Restructuring Officer.","Company has no committed liquidity or borrowing base; future funding uncertain.","Downgrade could reduce liquidity and market price of MSPR common stock."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95565,"accession_number":"0001213900-26-052884","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"MSP Recovery secures $275K in discretionary advances from Hazel and Virage; appoints CRO amid liquidity strain","event_type":"other_material","confidence":"high","bullets":["Hazel advanced $137,500 under Working Capital Credit Facility; total Operational Collection Floor now $7.862M.","Virage advanced $137,500, with condition to appoint Nader Tavakoli as Chief Restructuring Officer.","Company has no committed liquidity or reasonable basis to expect further advances from Hazel.","Virage advance to be reimbursed from future financing, including potential DIP financing in Chapter 11."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95564,"accession_number":"0001802450-26-000019","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2026-04-20T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"MSP Recovery obtains two $117,500 one-time advances from Hazel and VRM; no additional liquidity committed","event_type":"debt","confidence":"high","bullets":["Hazel Partners advanced $117,500 under the Operational Collection Floor on April 16, 2026; no further funding available.","VRM MSP Recovery Partners advanced $117,500 to support accounts payables; repayment required upon next financing.","Aggregate Hazel advances now $7.724M; the $117,500 is a one-time accommodation with no commitment for future draws.","Company notes Hazel has no obligation to fund further; no borrowing base or committed liquidity exists."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.35,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95563,"accession_number":"0001802450-26-000008","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2026-04-06T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"MSP Recovery obtains $0.2M in one-time advances; discloses no further committed liquidity","event_type":"other_material","confidence":"high","bullets":["Hazel Partners advanced $125,000 under existing working capital facility; total Operational Collection Floor raised to $7.607M.","VRM (Virage) advanced $125,000; reimbursement required from any future financing, including possible DIP financing.","Company must appoint Nader Tavakoli as Chief Restructuring Officer to oversee VRM advance usage.","Both advances are one-time discretionary accommodations; no commitment for additional funding remains.","Filing details prior Hazel draws totaling over $5.9M from Mar 2025–Mar 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.45,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108721,"accession_number":"0001193125-26-119712","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2026-03-23T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"MSP Recovery secures $150k in emergency advances; liquidity remains highly constrained","event_type":"other_material","confidence":"medium","bullets":["Hazel Partners made a discretionary $75k advance under the Operational Collection Floor, now at ~$7.48M; no further funding committed.","VRM advanced $75k of recovery proceeds, conditional on appointing Nader Tavakoli as CRO and repayment from future financing.","Both advances are one-time and do not imply ongoing liquidity; Hazel's facility has no committed availability.","Company states no reasonable basis to expect additional advances; operating and debt service obligations uncertain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108720,"accession_number":"0001193125-26-061332","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2026-02-20T23:59:59+00:00","items":["1.01","2.03","5.02","9.01"],"status":"ready","headline":"MSP Recovery loses director and CFO; obtains two $0.2M emergency advances","event_type":"other_material","confidence":"high","bullets":["Director Ophir Sternberg resigned Feb 13; CFO Francisco Rivas-Vasquez resigned Feb 17. Neither departure due to disagreements.","Hazel Partners provided $0.2M one-time advance on Feb 19; total Operational Collection Floor now ~$7.4M. No further funding commitment.","VRM MSP Recovery provided $0.2M advance on Feb 20 for payables; requires reimbursement from future financing and appointment of CRO Nader Tavakoli.","Company has no committed liquidity; all advances are discretionary and not indicative of future availability."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108719,"accession_number":"0001193125-26-024395","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2026-01-27T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"MSP Recovery secures $250K discretionary advance from Hazel; no committed funding remains","event_type":"debt","confidence":"high","bullets":["Hazel Partners advanced $250K on Jan 26, 2026 under the Operational Collection Floor; total increases now $7.207M since Mar 2025.","Company states the advance is a one-time accommodation; no further funding is committed or available under the facility.","Working capital facility remains fully discretionary; Hazel is not obligated to fund any future amounts.","As of Q3 2025, aggregate advances were ~$6.0M with no remaining capacity; company relies on incremental discretionary draws.","Proceeds are for operating expenses; liquidity risk highlighted by lack of committed credit support."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108718,"accession_number":"0001193125-26-019666","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2026-01-22T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"MSP Recovery gets $300K discretionary advance from Hazel; total floor $6.9M","event_type":"other_material","confidence":"high","bullets":["Hazel advanced $300K on Jan 20, 2026 for operating expenses under one-time discretionary accommodation.","Aggregate Operational Collection Floor now $6.882M including prior advances listed in exhibit.","No further funding available; company has no committed liquidity or expectation of future advances.","Additional $550K advanced for legal expenses in April 2025 noted in same letter agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.45,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108717,"accession_number":"0001193125-26-008897","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2026-01-09T23:59:59+00:00","items":["1.01","2.03","2.04","9.01"],"status":"ready","headline":"MSP Recovery technical default under Yorkville notes after Nasdaq delisting; waived through March 2026","event_type":"debt","confidence":"high","bullets":["Delisted from Nasdaq on Dec 22, 2025; now trades on OTCQB.","Technical Event of Default under Yorkville convertible notes (~$3.6M outstanding) on Jan 6, 2026.","Yorkville extended Primary Market Period to 90 calendar days (thru Mar 22, 2026) if stock stays on OTCQB.","No acceleration notice received; default would require ~$1.5M monthly payments.","Company believes no cross-default to other debt but no guarantee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108716,"accession_number":"0001193125-26-006375","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2026-01-07T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"MSP Recovery obtains $325k discretionary advance from Hazel; no further funding available","event_type":"debt","confidence":"high","bullets":["One-time $325k advance under operational collection floor for operating expenses; funded by Jan 9, 2026.","Prior aggregate advances reached ~$6.0M as of Q3 2025; no remaining capacity existed.","Advance is a standalone accommodation; does not reinstate availability or obligate future funding.","Letter confirms prior 2025 advances totaling $5.75M and $550k for legal expenses in Apr 2025.","Company states no reasonable basis to expect further advances; liquidity remains constrained."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108715,"accession_number":"0001193125-26-002397","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2026-01-05T23:59:59+00:00","items":["3.01","8.01","9.01"],"status":"ready","headline":"MSP Recovery furloughs 33% of workforce; public warrants moved to OTCID Basic","event_type":"other_material","confidence":"high","bullets":["Public warrants (MSPRW) transferred to OTCID Basic Market effective Jan 6, 2026, after Nasdaq delisting.","Company furloughed 7 employees (~33% of workforce) on Dec 22, 2025, citing liquidity management.","Furloughed employees receive no pay nor benefits; return uncertain and depends on capital availability.","Furlough expected to materially impact core operations starting Jan 5, 2026, potentially harming revenues.","Trading on OTCID may reduce liquidity and market price for the company's securities."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125175,"accession_number":"0001193125-25-335290","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-12-29T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"MSP Recovery COO Ricardo Rivera departs effective Dec 22, 2025; will advise through year-end","event_type":"leadership","confidence":"high","bullets":["Ricardo Rivera is no longer employed as COO as of December 22, 2025.","He will remain available to advise the company through December 31, 2025 for transition.","Departure not due to any disagreement with management, operations, policies, or practices.","No replacement COO named; CEO John H. Ruiz continues in his role."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125174,"accession_number":"0001193125-25-327465","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-12-22T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"Nasdaq Panel denies MSPR appeal; common stock delisted Dec 22, moves to OTCQB","event_type":"other","confidence":"high","bullets":["On Dec 18, 2025, Nasdaq Hearings Panel denied appeal; suspension effective Dec 22, 2025.","Delisting due to failure to meet minimum stockholders' equity ($2.5M) and bid price ($1.00) rules.","Company expects common stock to trade on OTC Markets OTCQB under same ticker 'MSPR' starting Dec 22.","Prior delisting notification received Oct 22, 2025; additional staff determination on bid price Nov 28, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125173,"accession_number":"0001193125-25-310475","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-12-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"SEC concludes investigation of MSP Recovery without recommending enforcement action","event_type":"regulatory","confidence":"high","bullets":["SEC staff informed company on Dec 5, 2025 that investigation ended with no intention to recommend enforcement against company, CEO John H. Ruiz, or officers.","Investigation began Aug 11, 2022; covered Business Combination with Lionheart, financial restatements, projections, and data analytic platforms.","Company fully cooperated, responding to subpoenas and providing extensive data and documents over three-plus years.","Chairman/CEO Ruiz stated the company can now continue its mission without the burdens of the investigation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125172,"accession_number":"0001193125-25-308139","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-12-04T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"MSP Recovery receives additional Nasdaq delisting notice for bid price; hearing Dec 11","event_type":"regulatory","confidence":"high","bullets":["Additional staff determination: bid price below $1 for 30 consecutive days, non-compliant with Listing Rule 5550(a)(2).","Company previously received delisting notice for stockholders' equity below $2.5M minimum; hearing request stayed suspension.","Hearing before Nasdaq Panel scheduled for December 11, 2025, to address both deficiencies.","If delisted, common stock expected to trade on OTCQB Venture Market.","No assurance that Panel will grant continued listing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125171,"accession_number":"0001193125-25-253645","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-10-28T23:59:59+00:00","items":["1.01","2.03","3.01","3.02","9.01"],"status":"ready","headline":"MSP Recovery receives Nasdaq delisting notice; Yorkville floor price cut to $0.50","event_type":"other_material","confidence":"high","bullets":["Nasdaq delisting determination received Oct 22, 2025; trading suspended Oct 31 unless hearing requested by Oct 29. Company intends to appeal.","Stockholders' deficit of $128.4M as of Dec 31, 2024, cited for non-compliance with minimum equity requirement of $2.5M.","Yorkville floor price under SEPA reduced from $1.00 to $0.50 per share; Nomura note amended to $35.4M at 16% interest, maturity Nov 2026.","Yorkville second supplemental agreement allows up to $3M funding; first $0.5M advance at 10% OID nets $0.45M for operations.","Company granted limited waiver to use $3M of Yorkville proceeds for operations instead of Nomura note obligations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":125170,"accession_number":"0001193125-25-237069","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-10-10T23:59:59+00:00","items":["1.01","5.02","9.01"],"status":"ready","headline":"MSP Recovery secures $3M Yorkville convertible note, floor price cut to $1; GC resigns","event_type":"debt","confidence":"high","bullets":["Yorkville agrees to advance up to $3M in convertible notes with 10% OID; net principal increase per advance capped at $1M.","Floor Price on existing convertible notes reduced from $1.20 to $1.00 per share, increasing potential dilution.","General Counsel Alexandra Plasencia resigns effective Oct 17, 2025; no disagreement with company.","Additional funding follows prior $3M supplemental in June 2025; total Yorkville SEPA facility remains up to $250M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141898,"accession_number":"0001193125-25-223183","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-09-29T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"MSP Recovery reduces Yorkville SEPA floor price to $1.20 per share from $1.60","event_type":"other_material","confidence":"high","bullets":["Floor price under Yorkville Standby Equity Purchase Agreement reduced from $1.60 to $1.20 per share.","Effective September 29, 2025; agreement with YA II PN, Ltd. acknowledged by letter.","Reduction may allow MSP Recovery to issue shares at lower price for capital raising.","Potential dilution for existing shareholders if shares are issued at reduced floor price."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141897,"accession_number":"0001193125-25-209312","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-09-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"MSP Recovery enters two confidential settlements totaling $2.9M in cash","event_type":"litigation","confidence":"high","bullets":["Mediated settlement with P&C insurer includes cash payment, data sharing, and cooperation on Medicare claims.","Separate settlement with drug manufacturer resolves pharmaceutical litigation over alleged overpayments.","Combined cash proceeds of $2.9M, subject to distribution per existing agreements.","Settlement terms remain confidential; definitive agreements not yet finalized."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141896,"accession_number":"0001193125-25-203601","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-09-15T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"MSP Recovery reduces floor price under Yorkville equity line from $2.00 to $1.60","event_type":"other_material","confidence":"high","bullets":["Floor price under Yorkville SEPA and Notes reduced from $2.00 to $1.60 per share, effective September 15, 2025.","Letter agreement executed between MSP Recovery and YA II PN, Ltd. (Yorkville) on September 15, 2025.","Modification could allow Yorkville to purchase shares at lower price, potentially increasing dilution."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141895,"accession_number":"0001802450-25-000093","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-09-10T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"MSP Recovery settles Cano Health litigation; all claims dismissed with prejudice","event_type":"litigation","confidence":"high","bullets":["Settlement agreement executed on September 8, 2025, between MSP Recovery, LLC and Cano Health, LLC.","Parties stipulated to dismissal with prejudice of all claims on September 9, 2025; no admission of liability.","Each Party retracted prior statements and allegations made in the litigation.","Company expects no material impact on its financial condition or results of operations.","Previously disclosed litigation risks in the 2024 10-K are eliminated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141894,"accession_number":"0001802450-25-000080","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-09-05T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"MSP Recovery lowers floor price under Yorkville SEPA from $3.50 to $2.00 per share","event_type":"other_material","confidence":"high","bullets":["Floor price reduced to $2.00 per share effective September 5, 2025.","Amendment to Standby Equity Purchase Agreement with Yorkville dated November 14, 2023.","Lower floor price may increase potential dilution from future equity draws.","Agreed by CEO John H. Ruiz and Yorkville representative Matthew Beckman."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141893,"accession_number":"0001802450-25-000066","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-09-02T23:59:59+00:00","items":["3.03","5.03","9.01"],"status":"ready","headline":"MSP Recovery effects 1-for-7 reverse stock split to regain Nasdaq compliance","event_type":"other_material","confidence":"high","bullets":["Reverse split approved Aug 18, effective Sept 1, 2025 at 11:59 PM.","Every 7 shares of Class A and Class V combined into 1; shares reduced from ~7.2M to ~1.0M.","No fractional shares; rounding up applied; warrant terms adjusted proportionally.","Trading symbol MSPR unchanged; new CUSIP 553745-40-7.","Split intended to meet Nasdaq minimum bid price rule 5550(a)(2)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141892,"accession_number":"0001802450-25-000053","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-09-02T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"MSP Recovery signs non-binding term sheet for up to $55M secured delayed draw loan facility","event_type":"debt","confidence":"medium","bullets":["Tranche A up to $10M (initial $5M funded at close; $5M discretionary).","Tranche B up to $45M available after closing at lender's discretion.","Facility matures 36 months from closing with two 1-year extension options.","Warrants issuable up to ~46% fully diluted equity at $0.01/share if fully drawn.","Potential CRO appointment, shareholder vote needed for some warrant issuances under Nasdaq rules."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141891,"accession_number":"0001802450-25-000042","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-08-26T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Jury awards $12.7M against MSP Recovery LLC; company and CEO exonerated on fraud claims","event_type":"litigation","confidence":"high","bullets":["Jury exonerated MSP Recovery, Inc. and CEO John H. Ruiz on all fraud and misrepresentation claims.","But jury found subsidiary MSP Recovery, LLC breached an oral contract, awarding plaintiffs $12.7 million.","Verdict may impair the company's ability to raise capital or continue as a going concern.","Company plans post-trial motions and appeal, arguing integration clause bars any oral contract."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141890,"accession_number":"0001802450-25-000028","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-08-18T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"MSP Recovery shareholders approve reverse stock split and warrant exercise shares","event_type":"other_material","confidence":"high","bullets":["Approved Charter amendment for reverse stock split at ratio between 1:2 and 1:7; Board selects final ratio.","Approved issuance of Class A shares to Virage Recovery Master LP upon exercise of VRM Warrants per Nasdaq Rule 5635(d).","Proposal 1 passed with 6,640,800 For (96.6% of votes cast); Proposal 2 passed similarly.","Special Meeting on Aug 18, 2025: 74.74% of shares represented."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141889,"accession_number":"0001802450-25-000008","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-08-08T23:59:59+00:00","items":["2.03","3.02","5.07","9.01"],"status":"ready","headline":"MSP Recovery issues $750K convertible note to Yorkville; annual meeting reelects directors","event_type":"debt","confidence":"high","bullets":["Issued sixth convertible note to Yorkville for $0.75M, net proceeds ~$0.71M after OID; disbursed in two $0.36M advances on Aug 8 and Aug 15.","Note matures Mar 1, 2027, bears 5% interest (18% upon default); conversion price at lower of fixed price or 95% of 5-day VWAP, floor $0.50.","Stockholders reelected John H. Ruiz, Frank C. Quesada, Ophir Sternberg as Class III directors; ratified Deloitte as auditor (though Baker Tilly engaged for remainder of 2025).","Yorkville may convert or require share issuance under SEPA at conversion price; 9.99% ownership cap applies.","Company has now issued total $16.5M in convertible notes under SEPA since 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141888,"accession_number":"0000950170-25-103122","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"MSP Recovery lowers SEPA floor price to $0.50 from $1.00","event_type":"other_material","confidence":"high","bullets":["Floor Price under Yorkville SEPA reduced to $0.50 per share, effective August 5, 2025.","Reduction applies to Exchangeable Promissory Notes issued under November 2023 agreement.","Lower floor price may increase potential dilution from future equity draws or conversions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141887,"accession_number":"0000950170-25-096243","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-07-16T23:59:59+00:00","items":["2.03","3.02","4.01","9.01"],"status":"ready","headline":"MSP Recovery issues $0.75M convertible note to Yorkville; replaces auditor Deloitte with Baker Tilly","event_type":"debt","confidence":"high","bullets":["Issued fifth convertible note for $0.75M under SEPA; net proceeds $0.71M; 5% interest, convertible at 95% of 5-day VWAP (floor $1.00), maturity March 2027.","Deloitte & Touche dismissed as auditor; Baker Tilly appointed for FY2025 starting Q3 review; no accounting disagreements, but going-concern and impairment emphasis in prior reports.","Previous material weaknesses in internal controls (HR/payroll, contract terminations) were remediated by December 2024, per the company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141886,"accession_number":"0000950170-25-095721","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-07-15T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Maryland Supreme Court upholds MSP Recovery's assignments, allowing GEICO class action to proceed","event_type":"litigation","confidence":"high","bullets":["Maryland's highest court unanimously ruled assignments from Medicare Advantage Organizations are valid and not champertous.","Ruling enables MSP Recovery to pursue federal class action against GEICO for alleged systematic non-reimbursement of MAO conditional payments.","Data-matching analysis from March 2011 to July 2019 identified substantial matches where GEICO settled claims but failed to reimburse MAOs.","CEO John H. Ruiz called the decision a landmark affirmation of the company's model and mission.","Court rejected GEICO's reliance on centuries-old champerty doctrines, confirming modern enforceability of assignment-based recovery strategy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159820,"accession_number":"0000950170-25-090865","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-06-27T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"MSP Recovery amends Nomura note to ~$33.6M, issues $0.75M Yorkville convertible note","event_type":"debt","confidence":"high","bullets":["Amended Nomura note to ~$33.6M principal; Nomura waives up to $3M of Yorkville SEPA proceeds.","Issued $750K convertible note to Yorkville at 5% OID (net ~$712.5K), maturity March 1, 2027.","Conversion price is lower of fixed price or 95% of lowest 5-day VWAP, with a $1.00 floor.","Yorkville may convert note into common shares; beneficial ownership limited to 4.99%.","Nomura waiver is subject to limitations; Yorkville convertible issued under existing $250M SEPA."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159819,"accession_number":"0000950170-25-082304","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-06-05T23:59:59+00:00","items":["1.01","1.02","8.01","9.01"],"status":"ready","headline":"MSP Recovery restructuring term sheet terminated by Hazel and Virage; floor price reduced to $1.00","event_type":"other_material","confidence":"high","bullets":["Hazel terminated Apr 10 term sheet on May 30 citing missed definitive-agreement deadline; funded $0.8M advance on June 2.","Virage terminated on June 4, citing Hazel's termination; both parties remain open to negotiating alternative funding.","Company and Yorkville reduced SEPA Floor Price from $3.75 to $1.00 per share effective June 5, 2025.","Restructuring envisioned cost reductions, debt-to-equity conversion, and working capital; now uncertain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159818,"accession_number":"0000950170-25-062285","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-05-02T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"MSP Recovery increases Nomura note to $32.7M and extends maturity to Nov 2026. Virage note also extended.","event_type":"debt","confidence":"high","bullets":["Nomura note principal raised to $32.7M (from $30.0M), maturity extended to November 30, 2026.","Virage MTA maturity date also extended to November 30, 2026, subject to acceleration on Trigger Event.","Interest on Nomura note accrues at 16.0% per annum, payable in cash or paid-in-kind.","Company must use 100% of net cash from most capital events (50% from ATM) to prepay note.","Company covenants to use commercially reasonable efforts to prepay note within 90 days of issuance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159817,"accession_number":"0000950170-25-061468","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["3.01","9.01"],"status":"ready","headline":"MSP Recovery receives Nasdaq delisting notice; stockholders' equity negative $128M","event_type":"regulatory","confidence":"high","bullets":["Nasdaq notified MSP Recovery of non-compliance with minimum stockholders' equity requirement.","Stockholders' equity was $(128,409,000) as of Dec 31, 2024, far below $2.5M minimum.","Company has until June 9, 2025 to submit plan; extension possible to Oct 21, 2025.","Failure to regain compliance could lead to delisting from Nasdaq Capital Market.","Notice has no immediate impact on listing of MSPR common stock."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159816,"accession_number":"0000950170-25-052906","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-04-10T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"MSP Recovery signs restructuring term sheet converting $1.2B debt and securing up to $25M working capital","event_type":"debt","confidence":"high","bullets":["Virage Recovery waives ~$1.2B claim in exchange for 43% equity stake in the Company.","MSP principals convert ~$144M debt into Class A common shares.","Hazel provides up to $9.75M bridge loan and up to $25M working capital for new servicer.","Yorkville extends maturity of convertible notes to November 30, 2026 and waives monthly payments until then.","New Servicer to manage recovery claims, funded by Hazel affiliate with up to $25M line of credit."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":178184,"accession_number":"0000950170-25-025599","cik":1802450,"company_name":"MSP Recovery, Inc.","ticker":"MSPR","form_type":"8-K","filed_at":"2025-02-24T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"MSP Recovery term sheet with Virage to issue 33.3% of Class A stock to settle MTA obligations","event_type":"other_material","confidence":"high","bullets":["Virage may exercise warrants to acquire 33 1/3% of outstanding Class A common stock at $0.0025/share.","Remaining unexercised warrants to be surrendered and terminated.","Proxy voting rights granted to MRCS Principals for 51% voting control over Virage-issued shares.","Company's obligation to pay Required Monthly Issuance (1% of Unpaid Base Amount) to be terminated.","Agreement subject to definitive documentation; Virage's 9.99% ownership cap removed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}