MSP Recovery appoints Calvin Hamstra as CFO; issues 1M shares to Cano Health and 244k to Palantir

MSP Recovery, Inc.

Calvin Hamstra named CFO, replacing Ricardo Rivera as principal financial officer; Hamstra was VP of Accounting since Sept 2021.
Issued 1M shares of Class A common to Cano Health at $10/share for claims data; True-Up if 20-day avg below $10 after 12 months.
Issued 244,339 shares of Class A common to Palantir for services; exempt from registration under Section 4(a)(2).
Issued 50,022,000 Up-C Units (exchangeable for Class A common) to designees; 60% locked until Dec 27, 2022.
Additional 45,504,708 Up-C Units remain unallocated for future issuance, including to employees.

item 3.02 item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Ricardo Rivera

principal financial officer

MSPR · MSP Recovery, Inc.

Successor: Calvin Hamstra
Filed: June 29, 2022, 7:59 PM ET

Mr. Ricardo Rivera will no longer serve as the Company’s principal financial officer.

Appointed

Calvin Hamstra

Chief Financial Officer

MSPR · MSP Recovery, Inc.

Effective: 2022-06-24
Filed: June 29, 2022, 7:59 PM ET

On June 24, 2022, the Company’s Board of Directors (the “Board”) appointed Calvin Hamstra, 36, as the Company’s Chief Financial Officer and principal financial officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Ricardo Rivera departed as principal financial officer at MSP Recovery, Inc..

Action: no longer serve
Role: principal financial officer

Exact text from the filing

Mr. Ricardo Rivera will no longer serve as the Company’s principal financial officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Calvin Hamstra was appointed as Chief Financial Officer at MSP Recovery, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On June 24, 2022, the Company’s Board of Directors (the “Board”) appointed Calvin Hamstra, 36, as the Company’s Chief Financial Officer and principal financial officer.

View on SEC.gov

MSP Recovery, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-22-185144

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