{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-047258","form_type":"8-K","ticker":"MSPR","cik":"0001802450","company_name":"MSP Recovery, Inc.","filed_at":"2023-09-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.303298+00:00","generated_at":"2026-06-10T22:16:26.373766+00:00","sec_items":["3.01","3.03","5.07"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"MSP Recovery receives Nasdaq delisting notice over low bid price; plans reverse stock split","bullets":["Nasdaq notified MSP Recovery on Sept 5, 2023 of delisting due to closing bid price of $0.10 for 10 consecutive trading days.","Company will appeal delisting determination; hearing expected 30–45 days after appeal filing.","Majority stockholders (86.9%) authorized reverse stock split at ratio from 1:3 to 1:300 to regain compliance.","Also authorized amendment to include officer exculpation provision under DGCL."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-047258","json":"https://secwatch.observer/filing/0000950170-23-047258.json","markdown":"https://secwatch.observer/filing/0000950170-23-047258.md","text":"https://secwatch.observer/filing/0000950170-23-047258.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1802450/000095017023047258/0000950170-23-047258-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1802450/000095017023047258/lifw-20230905.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T22:16:26.373766+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":"9d6e38d50bd521f98fd5a0a90e6dbf84614d3c2d","claim":"MSP Recovery, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5810(3)(A)(iii), 5450(a)(1)).","evidence_excerpt":"September 5, 2023, the Company received a determination from the Staff that the Company’s Class A common stock, par value $0.0001 (“ Class A Common Stock ”), had a closing bid price of $0.10 for 10 consecutive trading days during a compliance period and so, pursuant to Listing Rule 5810(3)(A)(iii), the staff determined to delist the Company’s securities from The Nasdaq Capital Market (the “ Delisting Determination ”). Pursuant to the procedures set out in the Nasdaq Listing Rules, the Company will appeal the Delisting Determination to a hearing panel (the “ Hearing ”), which will suspend the D","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1802450/000095017023047258/0000950170-23-047258-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"delisting notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5810(3)(A)(iii), 5450(a)(1)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}