MSP Recovery, Inc. (MSPR) Form 424B3 — Aug 14, 2026
MSP Recovery filed Prospectus Supplement No. 56 registering 56,896 Class A shares for resale by selling securityholders, including warrant shares issuable to Virage Recovery Master and Virage Recovery Participation plus 11,180 shares issued to Palantir Technologies as vendor consideration. The supplement incorporates an 8-K disclosing new emergency financing. The embedded 8-K reports four one-time advances in August 2026 — $53,277 and $64,425 from lender Hazel Partners Holdings, and $53,276.54 and $64,425.00 from JV partner VRM — used primarily for payroll, IT expenses, and Amazon Web Services.
Key figures
- Debt Amount
- Four one-time advances: Hazel Partners $53,277 (funded Aug 6, 2026) and $64,425 (funded Aug 13, 2026); VRM $53,276.54 (funded Aug 3, 2026) and $64,425.00 (funded Aug 12, 2026)
- Shares Offered
- 56896
- Reverse split ratio
- 1-for-7 (effective September 1, 2025)
- Prior aggregate advances
- approximately $6.0 million with no remaining funding capacity (as disclosed in Q3-2025 Form 10-Q)
- Registered resale shares
- 28,572 VRM warrant shares; 2,858 VRP shares plus 14,286 VRP warrant shares; 11,180 Palantir shares
- Hc case proceeds estimate
- approximately $1,300,000
- Msprw warrant exercise price
- $50,312.50 per share (each lot of 4,375 warrants exercisable for one share)
- Msprz warrant exercise price
- $0.4375 per share
- Term loan b increase capacity
- $6,000,000 under Section 2.1(c)(ii) of the credit agreement
- Hc case collections collateral
- approximately $605,313 granted as Collateral to Hazel
- Legal expense funding apr 2025
- $550,000 provided by Hazel on April 10, 2025
- Vrm vrp warrant exercise price
- $0.0175 per share (company receives only nominal proceeds)
- Aggregate operational collection floor
- $8,586,702 after the August 13, 2026 increase ($8,522,277 after August 4)
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.