{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-000723","form_type":"8-K","ticker":"MSPR","cik":"0001802450","company_name":"MSP Recovery, Inc.","filed_at":"2023-01-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.631556+00:00","generated_at":"2026-06-20T16:06:28.323236+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"MSP Recovery (LifeWallet) enters $1B equity purchase agreement with Yorkville","bullets":["Up to $1B in newly issued Class A common stock at 98% of VWAP, capped at 650M shares or 19.99% of outstanding.","Terminated prior purchase agreement and OTC equity forward with CF Principal Investments, LLC.","Will pay Cantor Fitzgerald $3.75M advisory fee in common stock, plus up to $3.6225M deferred fee shares.","Investor limited to 4.99% beneficial ownership; no mandatory minimum for individual purchases.","Yorkville (YA II PN) also receives registration rights for resale of shares acquired."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-000723","json":"https://secwatch.observer/filing/0000950170-23-000723.json","markdown":"https://secwatch.observer/filing/0000950170-23-000723.md","text":"https://secwatch.observer/filing/0000950170-23-000723.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1802450/000095017023000723/0000950170-23-000723-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1802450/000095017023000723/mspr-20230106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T16:06:28.323236+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1d8afc500284d56a700bdc326a1c7594cea87af8","claim":"MSP Recovery, Inc. terminated Purchase Agreement with CF Principal Investments LLC (effective 2023-01-06).","evidence_excerpt":"on January 6, 2023, the Company agreed to (i) terminate that certain (x) Purchase Agreement, dated May 17, 2022, with CF Principal Investments LLC (\"CFPI\")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1802450/000095017023000723/0000950170-23-000723-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"CF Principal Investments LLC"},{"label":"Effective","value":"2023-01-06"}],"fact_type":"material_agreement"},{"claim_id":"3171322920ddce46b398fa18586d6fe1dbeba9c3","claim":"MSP Recovery, Inc. amended Underwriting Agreement with Cantor Fitzgerald & Co. valued at up to $3,622,500 (effective 2023-01-06).","evidence_excerpt":"amend the Underwriting Agreement, dated as of August 13, 2020, between the Company and Cantor Fitzgerald & Co., an affiliate of CFPI (“CF&CO”), to pay up to $3,622,500 in shares of Common Stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1802450/000095017023000723/0000950170-23-000723-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Cantor Fitzgerald & Co."},{"label":"Value","value":"up to $3,622,500"},{"label":"Effective","value":"2023-01-06"}],"fact_type":"material_agreement"},{"claim_id":"7eaeeeb55abc26f3ee21e3a37b4baa83365c8a78","claim":"MSP Recovery, Inc. terminated Confirmation with CF Principal Investments LLC (effective 2023-01-06).","evidence_excerpt":"(y) confirmation (the \"Confirmation\"), dated May 17, 2022 for an OTC Equity Prepaid Forward Transaction by and between CFPI and the Company","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1802450/000095017023000723/0000950170-23-000723-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Counterparty","value":"CF Principal Investments LLC"},{"label":"Effective","value":"2023-01-06"}],"fact_type":"material_agreement"},{"claim_id":"d8fa0bb16cce322127d8624e7de6fa281f31fbbb","claim":"MSP Recovery, Inc. entered into Company Common Stock Purchase Agreement with YA II PN, Ltd. valued at $1 billion (effective 2023-01-06).","evidence_excerpt":"On January 6, 2023, MSP Recovery, Inc., a Delaware corporation d/b/a LifeWallet (Nasdaq: LIFW) (the “Company”) entered into a Company Common Stock Purchase Agreement (the “Purchase Agreement”) with YA II PN, Ltd. (“YAII”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1802450/000095017023000723/0000950170-23-000723-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"YA II PN, Ltd."},{"label":"Value","value":"$1 billion"},{"label":"Effective","value":"2023-01-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}