---
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"
generated_at: "2026-05-16T01:31:06.978975+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MSP Recovery loses director and CFO; obtains two $0.2M emergency advances

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-061332
- JSON: https://secwatch.observer/filing/0001193125-26-061332.json
- Plain text: https://secwatch.observer/filing/0001193125-26-061332.txt

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