secwatch.observer — SEC 8-K summary
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Issuer:     MSP Recovery, Inc. (MSPR)
CIK:        0001802450
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0000950170-25-061468
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MSP Recovery receives Nasdaq delisting notice; stockholders' equity negative $128M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1802450/000095017025061468/0000950170-25-061468-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1802450/000095017025061468/mspr-20250424.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-061468

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