Cano Health Files SC 13D/A Amendment for MSP Recovery
Ticker: MSPRZ · Form: SC 13D/A · Filed: Apr 4, 2024 · CIK: 1802450
| Field | Detail |
|---|---|
| Company | Msp Recovery, INC. (MSPRZ) |
| Form Type | SC 13D/A |
| Filed Date | Apr 4, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, amendment
TL;DR
Cano Health just updated its stake in MSP Recovery. Big moves ahead?
AI Summary
On April 4, 2024, Cano Health, Inc. filed an amendment (Amendment No. 12) to its Schedule 13D concerning MSP Recovery, Inc. This filing indicates a change in beneficial ownership, though specific details regarding the nature of the change or the exact number of shares involved are not provided in this excerpt. The filing relates to the Class A Common Stock of MSP Recovery, Inc.
Why It Matters
This filing signals a potential shift in control or significant investment in MSP Recovery, Inc. by Cano Health, Inc., which could impact the stock's future performance and strategic direction.
Risk Assessment
Risk Level: medium — Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty and potential volatility.
Key Players & Entities
- Cano Health, Inc. (company) — Filing party
- MSP Recovery, Inc. (company) — Subject company
- Lionheart Acquisition Corp. II (company) — Former company of MSP Recovery, Inc.
- Lionheart Acquisition Corp. (company) — Former company of MSP Recovery, Inc.
- Jaws Acquisition Corp. (company) — Former company of Cano Health, Inc.
FAQ
What is the specific change in beneficial ownership reported by Cano Health, Inc. for MSP Recovery, Inc. in this amendment?
This excerpt does not specify the exact change in beneficial ownership or the number of shares involved, only that an amendment to Schedule 13D was filed.
What is the filing date of this SC 13D/A amendment?
The filing date is April 4, 2024.
What is the subject company of this filing?
The subject company is MSP Recovery, Inc.
Who is the entity filing the amendment?
Cano Health, Inc. is the entity filing the amendment.
What type of stock is being discussed in the filing?
The filing discusses Class A Common Stock of MSP Recovery, Inc.
Filing Stats: 970 words · 4 min read · ~3 pages · Grade level 8.9 · Accepted 2024-04-04 16:30:56
Key Financial Figures
- $0.0001 — suer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securiti
Filing Documents
- d822516dsc13da.htm (SC 13D/A) — 31KB
- 0001193125-24-087294.txt ( ) — 33KB
(e) of the Schedule 13D is hereby amended and restated as follows
Item 5(e) of the Schedule 13D is hereby amended and restated as follows: (e) As of April 3, 2024, the Reporting Person ceased to beneficially own more than five percent of the outstanding Class A Shares. SIGNATURE After reasonable inquiry and to the best of the undersigneds knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: April 4, 2024 CANO HEALTH, INC. By: /s/ David J. Armstrong Name: David J. Armstrong Title: General Counsel ANNEX B Trading History Since the Filing of Amendment No. 11 to Schedule 13D on March 26, 2024 through April 4, 2024 Trade Date Common Shares Sold Weighted Average Price Per Share Name of Entity 3/27/2024 24,935 $ 0.7007 Cano Health, LLC 3/28/2024 25,778 $ 0.6899 Cano Health, LLC 4/01/2024 30,376 $ 0.6693 Cano Health, LLC 4/02/2024 1,109,500 $ 0.8795 Cano Health, LLC 4/03/2024 903,655 $ 1.1086 Cano Health, LLC The above transactions were effected in the open market.