{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-237069","form_type":"8-K","ticker":"MSPR","cik":"0001802450","company_name":"MSP Recovery, Inc.","filed_at":"2025-10-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.504810+00:00","generated_at":"2026-05-17T04:05:29.508892+00:00","sec_items":["1.01","5.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.55,"confidence":"high","headline":"MSP Recovery secures $3M Yorkville convertible note, floor price cut to $1; GC resigns","bullets":["Yorkville agrees to advance up to $3M in convertible notes with 10% OID; net principal increase per advance capped at $1M.","Floor Price on existing convertible notes reduced from $1.20 to $1.00 per share, increasing potential dilution.","General Counsel Alexandra Plasencia resigns effective Oct 17, 2025; no disagreement with company.","Additional funding follows prior $3M supplemental in June 2025; total Yorkville SEPA facility remains up to $250M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-237069","json":"https://secwatch.observer/filing/0001193125-25-237069.json","markdown":"https://secwatch.observer/filing/0001193125-25-237069.md","text":"https://secwatch.observer/filing/0001193125-25-237069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1802450/000119312525237069/0001193125-25-237069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1802450/000119312525237069/mspr-20251007.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:05:29.508892+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"}