---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-052884"
form_type: "8-K"
ticker: "MSPR"
cik: "0001802450"
company_name: "MSP Recovery, Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:51:39.730953+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-26-052884
- form_type: 8-K
- ticker: MSPR
- cik: 0001802450
- company_name: MSP Recovery, Inc.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802450/000121390026052884/0001213900-26-052884-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802450/000121390026052884/ea0289507-8k_msprecovery.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-052884
- JSON: https://secwatch.observer/filing/0001213900-26-052884.json
- Plain text: https://secwatch.observer/filing/0001213900-26-052884.txt

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