MSP Recovery increases Nomura note to $32.7M and extends maturity to Nov 2026. Virage note also extended.

MSP Recovery, Inc.

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.

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