{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-024395","form_type":"8-K","ticker":"MSPR","cik":"0001802450","company_name":"MSP Recovery, Inc.","filed_at":"2026-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.223995+00:00","generated_at":"2026-05-16T07:35:13.652367+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"confidence":"high","headline":"MSP Recovery secures $250K discretionary advance from Hazel; no committed funding remains","bullets":["Hazel Partners advanced $250K on Jan 26, 2026 under the Operational Collection Floor; total increases now $7.207M since Mar 2025.","Company states the advance is a one-time accommodation; no further funding is committed or available under the facility.","Working capital facility remains fully discretionary; Hazel is not obligated to fund any future amounts.","As of Q3 2025, aggregate advances were ~$6.0M with no remaining capacity; company relies on incremental discretionary draws.","Proceeds are for operating expenses; liquidity risk highlighted by lack of committed credit support."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-024395","json":"https://secwatch.observer/filing/0001193125-26-024395.json","markdown":"https://secwatch.observer/filing/0001193125-26-024395.md","text":"https://secwatch.observer/filing/0001193125-26-024395.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1802450/000119312526024395/0001193125-26-024395-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1802450/000119312526024395/mspr-20260126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T07:35:13.652367+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"}