{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-062285","form_type":"8-K","ticker":"MSPR","cik":"0001802450","company_name":"MSP Recovery, Inc.","filed_at":"2025-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.773937+00:00","generated_at":"2026-05-22T23:00:35.450963+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.65,"confidence":"high","headline":"MSP Recovery increases Nomura note to $32.7M and extends maturity to Nov 2026. Virage note also extended.","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-062285","json":"https://secwatch.observer/filing/0000950170-25-062285.json","markdown":"https://secwatch.observer/filing/0000950170-25-062285.md","text":"https://secwatch.observer/filing/0000950170-25-062285.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1802450/000095017025062285/0000950170-25-062285-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1802450/000095017025062285/mspr-20250428.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T23:00:35.450963+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}