{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-061332","form_type":"8-K","ticker":"MSPR","cik":"0001802450","company_name":"MSP Recovery, Inc.","filed_at":"2026-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.224372+00:00","generated_at":"2026-05-16T01:31:06.978975+00:00","sec_items":["1.01","2.03","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"confidence":"high","headline":"MSP Recovery loses director and CFO; obtains two $0.2M emergency advances","bullets":["Director Ophir Sternberg resigned Feb 13; CFO Francisco Rivas-Vasquez resigned Feb 17. Neither departure due to disagreements.","Hazel Partners provided $0.2M one-time advance on Feb 19; total Operational Collection Floor now ~$7.4M. No further funding commitment.","VRM MSP Recovery provided $0.2M advance on Feb 20 for payables; requires reimbursement from future financing and appointment of CRO Nader Tavakoli.","Company has no committed liquidity; all advances are discretionary and not indicative of future availability."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-061332","json":"https://secwatch.observer/filing/0001193125-26-061332.json","markdown":"https://secwatch.observer/filing/0001193125-26-061332.md","text":"https://secwatch.observer/filing/0001193125-26-061332.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1802450/000119312526061332/0001193125-26-061332-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1802450/000119312526061332/mspr-20260213.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T01:31:06.978975+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"}