MSP Recovery secures $275K in discretionary advances from Hazel and Virage; appoints CRO amid liquidity strain

MSP Recovery, Inc.

Hazel advanced $137,500 under Working Capital Credit Facility; total Operational Collection Floor now $7.862M.
Virage advanced $137,500, with condition to appoint Nader Tavakoli as Chief Restructuring Officer.
Company has no committed liquidity or reasonable basis to expect further advances from Hazel.
Virage advance to be reimbursed from future financing, including potential DIP financing in Chapter 11.

item 1.01 item 2.03 item 9.01

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accession 0001213900-26-052884

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