Msp Recovery, INC DEF 14A proxy statements

MSP Recovery, Inc. is calling a Special Meeting of Stockholders to vote on a reverse stock split to maintain Nasdaq listing and to approve the issuance of up to 19.36 million shares to Virage Recovery Master LP, which could significantly dilute existing shareholders.

MSP Recovery, Inc. announced its 2025 Annual Meeting of Stockholders for August 8, 2025, where shareholders will vote on the re-election of three Class III directors and the ratification of Deloitte & Touche LLP as the independent auditor, while the company continues to develop new technology platforms and manage significant related-party financial arrangements.

MSP Recovery, Inc. has issued a correction letter for its 2025 Annual Meeting proxy statement, advising shareholders to disregard a previously distributed version and announcing a revised meeting date will be provided soon.

MSP Recovery's stockholders approved the issuance of common stock exceeding the Exchange Cap under the Yorkville Standby Equity Purchase Agreement (SEPA) and Convertible Notes, as required by Nasdaq Rule 5635(d).

MSP Recovery, Inc. will implement a reverse stock split of its Class A and Class V common stock at a ratio between 1:3 and 1:30 to regain NASDAQ compliance and attract investment capital.

MSP Recovery, Inc. has filed a definitive proxy statement with the SEC.

MSP Recovery, Inc. d/b/a LifeWallet will hold its 2024 Annual Meeting of Stockholders virtually on June 26, 2024, to vote on the re-election of directors and ratification of its independent accounting firm.