Recent 8-K filings for MSPR

• May 19, 2026 20:12 UTC other_material materiality 0.75 negative item 1.01item 2.03item 8.01item 9.01

  MSP Recovery gets $188K in emergency advances; stock downgraded to OTC Pink

  OTC Markets downgraded MSPR to OTC Pink effective May 20, 2026 due to delinquent Form 10-K filing.

• May 06, 2026 23:59 UTC other_material materiality 0.80 negative item 1.01item 2.03item 9.01

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

  Hazel advanced $137,500 under Working Capital Credit Facility; total Operational Collection Floor now $7.862M.

• Apr 20, 2026 23:59 UTC debt materiality 0.35 negative item 1.01item 2.03item 9.01

  MSP Recovery obtains two $117,500 one-time advances from Hazel and VRM; no additional liquidity committed

  Hazel Partners advanced $117,500 under the Operational Collection Floor on April 16, 2026; no further funding available.

• Apr 06, 2026 23:59 UTC other_material materiality 0.45 negative item 1.01item 2.03item 9.01

  MSP Recovery obtains $0.2M in one-time advances; discloses no further committed liquidity

  Hazel Partners advanced $125,000 under existing working capital facility; total Operational Collection Floor raised to $7.607M.

• Mar 23, 2026 23:59 UTC other_material materiality 0.60 negative item 1.01item 2.03item 9.01

  MSP Recovery secures $150k in emergency advances; liquidity remains highly constrained

  Hazel Partners made a discretionary $75k advance under the Operational Collection Floor, now at ~$7.48M; no further funding committed.

• Feb 20, 2026 23:59 UTC other_material materiality 0.85 negative item 1.01item 2.03item 5.02item 9.01

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

  Director Ophir Sternberg resigned Feb 13; CFO Francisco Rivas-Vasquez resigned Feb 17. Neither departure due to disagreements.

• Jan 27, 2026 23:59 UTC debt materiality 0.70 negative item 1.01item 2.03item 9.01

  MSP Recovery secures $250K discretionary advance from Hazel; no committed funding remains

  Hazel Partners advanced $250K on Jan 26, 2026 under the Operational Collection Floor; total increases now $7.207M since Mar 2025.

• Jan 22, 2026 23:59 UTC other_material materiality 0.45 negative item 1.01item 2.03item 9.01

  MSP Recovery gets $300K discretionary advance from Hazel; total floor $6.9M

  Hazel advanced $300K on Jan 20, 2026 for operating expenses under one-time discretionary accommodation.

• Jan 09, 2026 23:59 UTC debt materiality 0.70 negative item 1.01item 2.03item 2.04item 9.01

  MSP Recovery technical default under Yorkville notes after Nasdaq delisting; waived through March 2026

  Delisted from Nasdaq on Dec 22, 2025; now trades on OTCQB.

• Jan 07, 2026 23:59 UTC debt materiality 0.60 negative item 1.01item 2.03item 9.01

  MSP Recovery obtains $325k discretionary advance from Hazel; no further funding available

  One-time $325k advance under operational collection floor for operating expenses; funded by Jan 9, 2026.

• Jan 05, 2026 23:59 UTC other_material materiality 0.75 negative item 3.01item 8.01item 9.01

  MSP Recovery furloughs 33% of workforce; public warrants moved to OTCID Basic

  Public warrants (MSPRW) transferred to OTCID Basic Market effective Jan 6, 2026, after Nasdaq delisting.

• Dec 29, 2025 23:59 UTC leadership materiality 0.45 neutral item 5.02item 9.01

  MSP Recovery COO Ricardo Rivera departs effective Dec 22, 2025; will advise through year-end

  Ricardo Rivera is no longer employed as COO as of December 22, 2025.

• Dec 22, 2025 23:59 UTC other materiality 0.85 negative item 3.01item 9.01

  Nasdaq Panel denies MSPR appeal; common stock delisted Dec 22, moves to OTCQB

  On Dec 18, 2025, Nasdaq Hearings Panel denied appeal; suspension effective Dec 22, 2025.

• Dec 08, 2025 23:59 UTC regulatory materiality 0.75 positive item 7.01item 9.01

  SEC concludes investigation of MSP Recovery without recommending enforcement action

  SEC staff informed company on Dec 5, 2025 that investigation ended with no intention to recommend enforcement against company, CEO John H. Ruiz, or officers.

• Dec 04, 2025 23:59 UTC regulatory materiality 0.80 negative item 3.01item 9.01

  MSP Recovery receives additional Nasdaq delisting notice for bid price; hearing Dec 11

  Additional staff determination: bid price below $1 for 30 consecutive days, non-compliant with Listing Rule 5550(a)(2).

• Oct 28, 2025 23:59 UTC other_material materiality 0.85 negative item 1.01item 2.03item 3.01item 3.02item 9.01

  MSP Recovery receives Nasdaq delisting notice; Yorkville floor price cut to $0.50

  Nasdaq delisting determination received Oct 22, 2025; trading suspended Oct 31 unless hearing requested by Oct 29. Company intends to appeal.

• Oct 10, 2025 23:59 UTC debt materiality 0.55 negative item 1.01item 5.02item 9.01

  MSP Recovery secures $3M Yorkville convertible note, floor price cut to $1; GC resigns

  Yorkville agrees to advance up to $3M in convertible notes with 10% OID; net principal increase per advance capped at $1M.

• Sep 29, 2025 23:59 UTC other_material materiality 0.60 neutral item 1.01item 9.01

  MSP Recovery reduces Yorkville SEPA floor price to $1.20 per share from $1.60

  Floor price under Yorkville Standby Equity Purchase Agreement reduced from $1.60 to $1.20 per share.

• Sep 19, 2025 23:59 UTC litigation materiality 0.30 neutral item 8.01item 9.01

  MSP Recovery enters two confidential settlements totaling $2.9M in cash

  Mediated settlement with P&C insurer includes cash payment, data sharing, and cooperation on Medicare claims.

• Sep 15, 2025 23:59 UTC other_material materiality 0.60 negative item 1.01item 9.01

  MSP Recovery reduces floor price under Yorkville equity line from $2.00 to $1.60

  Floor price under Yorkville SEPA and Notes reduced from $2.00 to $1.60 per share, effective September 15, 2025.

• Sep 10, 2025 23:59 UTC litigation materiality 0.20 neutral item 8.01item 9.01

  MSP Recovery settles Cano Health litigation; all claims dismissed with prejudice

  Settlement agreement executed on September 8, 2025, between MSP Recovery, LLC and Cano Health, LLC.

• Sep 05, 2025 23:59 UTC other_material materiality 0.65 negative item 1.01item 9.01

  MSP Recovery lowers floor price under Yorkville SEPA from $3.50 to $2.00 per share

  Floor price reduced to $2.00 per share effective September 5, 2025.

• Sep 02, 2025 23:59 UTC debt materiality 0.55 neutral item 1.01item 9.01

  MSP Recovery signs non-binding term sheet for up to $55M secured delayed draw loan facility

  Tranche A up to $10M (initial $5M funded at close; $5M discretionary).

• Sep 02, 2025 23:59 UTC other_material materiality 0.55 neutral item 3.03item 5.03item 9.01

  MSP Recovery effects 1-for-7 reverse stock split to regain Nasdaq compliance

  Reverse split approved Aug 18, effective Sept 1, 2025 at 11:59 PM.

• Aug 26, 2025 23:59 UTC litigation materiality 0.85 negative item 8.01item 9.01

  Jury awards $12.7M against MSP Recovery LLC; company and CEO exonerated on fraud claims

  Jury exonerated MSP Recovery, Inc. and CEO John H. Ruiz on all fraud and misrepresentation claims.

• Aug 18, 2025 23:59 UTC other_material materiality 0.55 neutral item 5.07item 9.01

  MSP Recovery shareholders approve reverse stock split and warrant exercise shares

  Approved Charter amendment for reverse stock split at ratio between 1:2 and 1:7; Board selects final ratio.

• Aug 08, 2025 23:59 UTC debt materiality 0.55 negative item 2.03item 3.02item 5.07item 9.01

  MSP Recovery issues $750K convertible note to Yorkville; annual meeting reelects directors

  Issued sixth convertible note to Yorkville for $0.75M, net proceeds ~$0.71M after OID; disbursed in two $0.36M advances on Aug 8 and Aug 15.

• Aug 05, 2025 23:59 UTC other_material materiality 0.65 negative item 1.01item 9.01

  MSP Recovery lowers SEPA floor price to $0.50 from $1.00

  Floor Price under Yorkville SEPA reduced to $0.50 per share, effective August 5, 2025.

• Jul 16, 2025 23:59 UTC debt materiality 0.75 negative item 2.03item 3.02item 4.01item 9.01

  MSP Recovery issues $0.75M convertible note to Yorkville; replaces auditor Deloitte with Baker Tilly

  Issued fifth convertible note for $0.75M under SEPA; net proceeds $0.71M; 5% interest, convertible at 95% of 5-day VWAP (floor $1.00), maturity March 2027.

• Jul 15, 2025 23:59 UTC litigation materiality 0.70 positive item 8.01item 9.01

  Maryland Supreme Court upholds MSP Recovery's assignments, allowing GEICO class action to proceed

  Maryland's highest court unanimously ruled assignments from Medicare Advantage Organizations are valid and not champertous.

• Jun 27, 2025 23:59 UTC debt materiality 0.45 neutral item 1.01item 2.03item 3.02item 9.01

  MSP Recovery amends Nomura note to ~$33.6M, issues $0.75M Yorkville convertible note

  Amended Nomura note to ~$33.6M principal; Nomura waives up to $3M of Yorkville SEPA proceeds.

• Jun 05, 2025 23:59 UTC other_material materiality 0.85 negative item 1.01item 1.02item 8.01item 9.01

  MSP Recovery restructuring term sheet terminated by Hazel and Virage; floor price reduced to $1.00

  Hazel terminated Apr 10 term sheet on May 30 citing missed definitive-agreement deadline; funded $0.8M advance on June 2.

• May 02, 2025 23:59 UTC debt materiality 0.65 negative item 1.01item 9.01

  MSP Recovery increases Nomura note to $32.7M and extends maturity to Nov 2026. Virage note also extended.

  Nomura note principal raised to $32.7M (from $30.0M), maturity extended to November 30, 2026.

• May 01, 2025 23:59 UTC regulatory materiality 0.80 negative item 3.01item 9.01

  MSP Recovery receives Nasdaq delisting notice; stockholders' equity negative $128M

  Nasdaq notified MSP Recovery of non-compliance with minimum stockholders' equity requirement.

• Apr 10, 2025 23:59 UTC debt materiality 0.90 neutral item 1.01item 9.01

  MSP Recovery signs restructuring term sheet converting $1.2B debt and securing up to $25M working capital

  Virage Recovery waives ~$1.2B claim in exchange for 43% equity stake in the Company.

• Feb 24, 2025 23:59 UTC other_material materiality 0.80 neutral item 1.01item 9.01

  MSP Recovery term sheet with Virage to issue 33.3% of Class A stock to settle MTA obligations

  Virage may exercise warrants to acquire 33 1/3% of outstanding Class A common stock at $0.0025/share.

Materiality & sentiment trend

Max materiality 0.90 · Median 0.65 · Most common event other_material

2 positive 24 negative 10 neutral

source · MSPR on sec.gov