MSP Recovery, Inc. (MSPR): Nasdaq/NYSE listing notice — MSP Recovery receives Nasdaq delisting notice; stockholders' equity negative $128M

MSP Recovery, Inc.

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.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

MSP Recovery, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: stockholders equity
Rules: 5550(b)(1)

Exact text from the filing

April 24, 2025, MSP Recovery, Inc. (the “Company”) received a letter (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it was not in compliance with the minimum stockholders’ equity requirement for continued listing on the Nasdaq Capital Market, under Listing Rule 5550(b)(1), because the Company’s stockholders’ equity of ($128,409,000), as reported in the Company’s Form 10-K for the year ended December 31, 2024, was below the required minimum of $2.5 million, and because, as of April 24, 2025, the Company did not meet

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MSP Recovery, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-25-061468

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