---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-008897"
form_type: "8-K"
ticker: "MSPR"
cik: "0001802450"
company_name: "MSP Recovery, Inc."
filed_at: "2026-01-09T23:59:59+00:00"
generated_at: "2026-05-16T11:05:04.204022+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MSP Recovery technical default under Yorkville notes after Nasdaq delisting; waived through March 2026

## Summary
- Delisted from Nasdaq on Dec 22, 2025; now trades on OTCQB.
- Technical Event of Default under Yorkville convertible notes (~$3.6M outstanding) on Jan 6, 2026.
- Yorkville extended Primary Market Period to 90 calendar days (thru Mar 22, 2026) if stock stays on OTCQB.
- No acceleration notice received; default would require ~$1.5M monthly payments.
- Company believes no cross-default to other debt but no guarantee.

## SEC filing metadata
- accession: 0001193125-26-008897
- form_type: 8-K
- ticker: MSPR
- cik: 0001802450
- company_name: MSP Recovery, Inc.
- filed_at: 2026-01-09T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 2.04, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802450/000119312526008897/0001193125-26-008897-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802450/000119312526008897/mspr-20260106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-008897
- JSON: https://secwatch.observer/filing/0001193125-26-008897.json
- Plain text: https://secwatch.observer/filing/0001193125-26-008897.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.