other_material
confidence high
sentiment neutral
materiality 0.55
MSP Recovery effects 1-for-7 reverse stock split to regain Nasdaq compliance
MSP Recovery, Inc.
- Reverse split approved Aug 18, effective Sept 1, 2025 at 11:59 PM.
- Every 7 shares of Class A and Class V combined into 1; shares reduced from ~7.2M to ~1.0M.
- No fractional shares; rounding up applied; warrant terms adjusted proportionally.
- Trading symbol MSPR unchanged; new CUSIP 553745-40-7.
- Split intended to meet Nasdaq minimum bid price rule 5550(a)(2).
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