MSP Recovery, Inc. Files 8-K on Security Holder Vote Matters
Ticker: MSPRZ · Form: 8-K · Filed: Jun 26, 2024 · CIK: 1802450
| Field | Detail |
|---|---|
| Company | Msp Recovery, INC. (MSPRZ) |
| Form Type | 8-K |
| Filed Date | Jun 26, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $287.50, $0.0025 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing
TL;DR
MSP Recovery (MSP) filed an 8-K for a security holder vote - could be big.
AI Summary
On June 26, 2024, MSP Recovery, Inc. filed an 8-K report detailing a submission of matters to a vote of security holders. The company, formerly known as Lionheart Acquisition Corp. II and Lionheart Acquisition Corp., is incorporated in Delaware and operates in computer processing and data preparation.
Why It Matters
This filing indicates that MSP Recovery, Inc. is seeking approval or has held a vote on significant matters concerning its security holders, which could impact corporate governance and future strategic decisions.
Risk Assessment
Risk Level: medium — Filings related to security holder votes can introduce uncertainty regarding corporate actions and shareholder sentiment.
Key Players & Entities
- MSP Recovery, Inc. (company) — Registrant
- Lionheart Acquisition Corp. II (company) — Former company name
- Lionheart Acquisition Corp. (company) — Former company name
- June 26, 2024 (date) — Date of report
FAQ
What specific matters were submitted for a vote of security holders?
The filing states 'Submission of Matters to a Vote of Security Holders' as the item information, but does not detail the specific matters in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported is June 26, 2024, which is also the date of the report.
What is MSP Recovery, Inc.'s Standard Industrial Classification code?
MSP Recovery, Inc.'s Standard Industrial Classification code is 7374, which corresponds to SERVICES-COMPUTER PROCESSING & DATA PREPARATION.
What were the previous names of MSP Recovery, Inc.?
MSP Recovery, Inc. was formerly known as Lionheart Acquisition Corp. II and Lionheart Acquisition Corp.
In which state is MSP Recovery, Inc. incorporated?
MSP Recovery, Inc. is incorporated in Delaware.
Filing Stats: 815 words · 3 min read · ~3 pages · Grade level 14 · Accepted 2024-06-26 16:20:55
Key Financial Figures
- $0.0001 — tered Class A common stock, par value $0.0001 per share LIFW The Nasdaq Global Ma
- $287.50 — A common stock at an exercise price of $287.50 per share LIFWW The Nasdaq Global M
- $0.0025 — A common stock at an exercise price of $0.0025 per share LIFWZ The Nasdaq Global M
Filing Documents
- lifw-20240626.htm (8-K) — 50KB
- 0000950170-24-077890.txt ( ) — 212KB
- lifw-20240626.xsd (EX-101.SCH) — 51KB
- lifw-20240626_htm.xml (XML) — 8KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On June 26, 2024, MSP Recovery, Inc. d/b/a LifeWallet (the "Company") held its 2024 Annual Meeting (the "2024 Annual Meeting") pursuant to the Proxy Statement filed with the SEC on May 15, 2024 ("Proxy Statement") and mailed on or about May 15, 2024 to LifeWallet stockholders of record at the close of business on April 29, 2024 (the "Record Date"). Stockholders holding 132,382,525 shares of the Company's Common Stock (approximately 94.58%) were present at the 2024 Annual Meeting in person or by proxy. Each such stockholder was entitled to one vote for each share of common stock held by such stockholder on the Record Date, and the holders of the Company's common stock voted together for the election of directors and the other proposals presented to them at the 2024 Annual Meeting. As more fully described in the Proxy Statement, the following matters were submitted to the Company's stockholders at the 2024 Annual Meeting: (i) to re-elect the two Class II directors of the Company as Class II directors, each for a term of three years or until their successors are duly elected and qualified or until their earlier resignation or removal; and (ii) to ratify the appointment of Deloitte as the independent registered public accounting firm of the Company for the 2024 fiscal year. See "ABOUT THE MEETING" in the Proxy Statement for the standards applicable in the 2024 Annual Meeting. Results of the two proposals: (i) To re-elect the two Class II directors of the Company as Class II directors, each for a term of three years or until their successors are duly elected and qualified or until their earlier resignation or removal: For Against Abstain Michael F. Arrigo 128,482,180 0 165,634 Thomas Hawkins 128,578,011 0 69,803 Having received a majority of the votes cast, Michael F. Arrigo and Thomas Hawkins were reelected as Class II directors of the Company, each for a term of three yea
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MSP Recovery, Inc. Date: June 26, 2024 By: /s/ Alexandra Plasencia Alexandra Plasencia, General Counsel