MSP Recovery Secures $0.1 Million Discretionary Funding from Hazel Partners
MSP Recovery, Inc. filed an 8-K on June 18, 2026, reporting that on June 11, 2026, the company entered into a letter agreement with Hazel Partners Holdings LLC to receive a $0.1 million advance under its existing working capital credit facility. This funding, provided at Hazel's sole discretion, increases the Operational Collection Floor beyond the previously disclosed $6.0 million level. The advance was funded on June 12, 2026, and is designated primarily for operating expenses. The company emphasizes this is a standalone accommodation that does not reinstate or replenish availability under the credit facility, and no additional funding is currently available. The filing includes detailed historical funding under the Operational Collection Floor, totaling approximately $8.1 million in aggregate advances. The company cautions that this advance should not be viewed as indicative of future funding availability or its ability to meet ongoing obligations.