MSP Recovery, Inc. Files 8-K, Details Warrant Information
Ticker: MSPRZ · Form: 8-K · Filed: Sep 5, 2025 · CIK: 1802450
| Field | Detail |
|---|---|
| Company | Msp Recovery, INC. (MSPRZ) |
| Form Type | 8-K |
| Filed Date | Sep 5, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $50,312.50, $0.4375, $3.50, $2.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: warrants, name-change, disclosure
Related Tickers: MSPR
TL;DR
MSP Recovery (MSPR) filed an 8-K detailing warrant terms and past name changes.
AI Summary
On September 5, 2025, MSP Recovery, Inc. filed an 8-K report. The filing indicates the company's former names were Lionheart Acquisition Corp. II and Lionheart Acquisition Corp., with name changes occurring on July 24, 2020, and February 5, 2020, respectively. The report details information regarding redeemable warrants exercisable for shares of Class A Common Stock.
Why It Matters
This filing provides clarity on the company's historical name changes and the terms of its outstanding redeemable warrants, which could impact potential future dilution or capital raises.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of historical information and warrant details, not indicating new financial distress or significant operational changes.
Key Players & Entities
- MSP Recovery, Inc. (company) — Registrant
- Lionheart Acquisition Corp. II (company) — Former Company Name
- Lionheart Acquisition Corp. (company) — Former Company Name
- September 5, 2025 (date) — Date of Report
- July 24, 2020 (date) — Date of Name Change
- February 5, 2020 (date) — Date of Name Change
FAQ
What is the exercise price for the redeemable warrants mentioned in the filing?
The filing mentions redeemable warrants with an exercise price of $0.00025 per share and others with an exercise price of $2.8750 per share.
When did MSP Recovery, Inc. change its name from Lionheart Acquisition Corp. II?
MSP Recovery, Inc. changed its name from Lionheart Acquisition Corp. II on July 24, 2020.
What is the SIC code for MSP Recovery, Inc.?
The Standard Industrial Classification (SIC) code for MSP Recovery, Inc. is 7374, which corresponds to SERVICES-COMPUTER PROCESSING & DATA PREPARATION.
What is the filing date of this 8-K report?
The report was filed on September 5, 2025.
What type of security do the mentioned redeemable warrants allow exercise for?
The redeemable warrants allow exercise for one share of Class A Common Stock each.
Filing Stats: 498 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2025-09-05 16:05:31
Key Financial Figures
- $0.0001 — hich registered Class A Common stock, $0.0001 par value per share MSPR Nasdaq Cap
- $50,312.50 — A common stock at an exercise price of $50,312.50 per share MSPRW Nasdaq Capital Mark
- $0.4375 — A common stock at an exercise price of $0.4375 per share MSPRZ Nasdaq Capital Mark
- $3.50 — oor Price under the Yorkville SEPA from $3.50 to $2.00. Capitalized but undefined t
- $2.00 — under the Yorkville SEPA from $3.50 to $2.00. Capitalized but undefined terms have
Filing Documents
- mspr-20250905.htm (8-K) — 66KB
- mspr-ex10_2.htm (EX-10.2) — 11KB
- img250973565_0.jpg (GRAPHIC) — 730KB
- 0001802450-25-000080.txt ( ) — 1246KB
- mspr-20250905.xsd (EX-101.SCH) — 60KB
- mspr-20250905_htm.xml (XML) — 8KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On September 5, 2025, the Company and Yorkville reached an agreement to reduce the Floor Price under the Yorkville SEPA from $3.50 to $2.00. Capitalized but undefined terms have the same meaning as set forth in the Yorkville SEPA and the Notes.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 Yorkville SEPA (incorporated by reference to Exhibit 10.10 to the Form 10-Q filed on November 14, 2023) 10.2 Letter Agreement dated September 5, 2025 104 Cover Page Interactive File (the cover page tags are embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MSP R ECOVERY , I NC . Dated: September 5, 2025 By: /s/ Alexandra Plasencia Name: Alexandra Plasencia Title: General Counsel