MSP Recovery, Inc. Form 8-K Filing Summary

MSP Recovery, Inc. filed a Form 8-K on October 22, 2025, reporting several key events. The company entered into a material definitive agreement with Yorkville to reduce the floor price under the Standby Equity Purchase Agreement from $1.00 to $0.50. Additionally, the company amended and restated a promissory note with Nomura Securities International, Inc., reflecting a current principal amount of approximately $35.4 million. The filing also disclosed the creation of a direct financial obligation through a second supplemental agreement with Yorkville, allowing for additional funding of up to $3.0 million. Furthermore, the company received a delisting notification from Nasdaq due to non-compliance with the minimum stockholders’ equity requirement. The company intends to request a review of the delisting notification. The filing also included information on unregistered sales of equity securities and forward-looking statements regarding the company's ability to maintain or regain compliance with Nasdaq’s listing standards.