false00018024500001802450lifw:RedeemableWarrantsEachLotOf25WarrantsIsExercisableForOneShareOfClassACommonStockAtAnExercisePriceOf00025PerShareMember2023-10-272023-10-270001802450lifw:RedeemableWarrantsEachLotOf25WarrantsIsExercisableForOneShareOfClassACommonStockAtAnExercisePriceOf28750PerShareMember2023-10-272023-10-2700018024502023-10-272023-10-270001802450us-gaap:CommonStockMember2023-10-272023-10-27

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 27, 2023

 

 

MSP Recovery, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-39445

84-4117825

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

2701 Le Jeune Road

Floor 10

 

Coral Gables, Florida

 

33134

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (305) 614-2222

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Class A common stock, par value $0.0001 per share

 

LIFW

 

The Nasdaq Global Market

Redeemable warrants, each lot of 25 warrants is exercisable for one share of Class A common stock at an exercise price of $287.50 per share

 

LIFWW

 

The Nasdaq Global Market

Redeemable warrants, each lot of 25 warrants is exercisable for one share of Class A common stock at an exercise price of $0.0025 per share

 

LIFWZ

 

The Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

Nasdaq Stock Market Listing

On October 27, 2023, MSP Recovery, Inc. (“the Company”) received correspondence from Nasdaq stating that the Company’s previously disclosed bid price deficiencies have been cured, and that the Company is now in compliance with all applicable Nasdaq listing standards. As a result, the scheduled hearing before the Nasdaq Listing Qualifications Hearings Panel on November 2, 2023, has been cancelled. The Company’s Class A common stock will continue to be listed and traded on Nasdaq, subject to continued compliance with applicable Nasdaq listing standards.

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

MSP Recovery, Inc.

 

 

 

 

Date:

October 27, 2023

By:

/s/ Alexandra Plasencia

 

 

Name:

Title:

Alexandra Plasencia
General Counsel

 


v3.23.3
Document And Entity Information
Oct. 27, 2023
Document Information [Line Items]  
Document Type 8-K
Amendment Flag false
Document Period End Date Oct. 27, 2023
Entity Registrant Name MSP Recovery, Inc.
Entity Central Index Key 0001802450
Entity Emerging Growth Company true
Securities Act File Number 001-39445
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 84-4117825
Entity Address, Address Line One 2701 Le Jeune Road
Entity Address, Address Line Two Floor 10
Entity Address, City or Town Coral Gables
Entity Address, State or Province FL
Entity Address, Postal Zip Code 33134
City Area Code (305)
Local Phone Number 614-2222
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Ex Transition Period false
Common Stock [Member]  
Document Information [Line Items]  
Title of 12(b) Security Class A common stock, par value $0.0001 per share
Trading Symbol LIFW
Security Exchange Name NASDAQ
Redeemable Warrants, Each Lot of 25 Warrants is Exercisable for One Share of Class A Common Stock at an Exercise Price of $0.0025 Per Share [Member]  
Document Information [Line Items]  
Title of 12(b) Security Redeemable warrants, each lot of 25 warrants is exercisable for one share of Class A common stock at an exercise price of $0.0025 per share
Trading Symbol LIFWZ
Security Exchange Name NASDAQ
Redeemable Warrants, each Lot of 25 Warrants is Exercisable for One Share of Class A Common Stock at an Exercise Price of $287.50 Per Share [Member]  
Document Information [Line Items]  
Title of 12(b) Security Redeemable warrants, each lot of 25 warrants is exercisable for one share of Class A common stock at an exercise price of $287.50 per share
Trading Symbol LIFWW
Security Exchange Name NASDAQ

MSP Recovery (NASDAQ:LIFW)
Historical Stock Chart
From Jan 2024 to Feb 2024 Click Here for more MSP Recovery Charts.
MSP Recovery (NASDAQ:LIFW)
Historical Stock Chart
From Feb 2023 to Feb 2024 Click Here for more MSP Recovery Charts.