MSP Recovery, Inc. Announces Receipt of \$0.1 Million Advance from Hazel Partners Holdings LLC

Key Highlights from the Report

• Date of Report: April 2, 2026
• Issuer: MSP Recovery, Inc.
• Type of Filing: Form 8-K (Current Report)
• Key Event: MSP Recovery, Inc. has entered into a funding agreement receiving a \$0.1 million advance from Hazel Partners Holdings LLC.
• Trading Information:
  • Class A Common Stock, \$0.0001 par value per share
  • Trading Symbol: MSPR
  • Registered on: OTC Market Group, Inc.
  • Additional listed securities: Redeemable warrants (see details below)

Details of the Funding Arrangement

MSP Recovery, Inc., a company operating in the health data and claims recovery sector, disclosed that it has received a \$0.1 million advance under a letter agreement with Hazel Partners Holdings LLC. The agreement outlines the terms under which Hazel Partners Holdings LLC has provided this short-term funding.

Importantly, the company cautions investors that the receipt of this advance should not be construed as an indication of Hazel’s willingness to provide further funding in the future, nor does it guarantee the availability of additional liquidity. Furthermore, MSP Recovery, Inc. specifically warns that this advance does not imply that the company will be able to meet its operating or debt service obligations beyond the funding of this specific amount.

The company notes that the summary of the Hazel Letter Agreement provided in the filing is not complete and is qualified in its entirety by the actual agreement, which is included as an exhibit to the Form 8-K.

Potential Price Sensitivity and Shareholder Impact

• Liquidity Concerns: The company’s explicit caution regarding future funding and liquidity is significant. This suggests that MSP Recovery, Inc. may be experiencing liquidity constraints and is dependent on external financing for ongoing operations. This situation could be material to the company’s valuation and may affect investor sentiment.
• Debt Service Warnings: The company’s note that the \$0.1 million advance “does not guarantee the ability to meet operating or debt service obligations” could be concerning for shareholders. Any inability to meet such obligations could lead to further financial distress and impact the company’s share price.
• Nature of Advance: The relatively small size of the advance (\$0.1 million) and the lack of assurance regarding future funding may raise questions about the company’s access to capital and its overall financial health.

Securities Registered

• Class A Common Stock, \$0.0001 par value per share (Trading Symbol: MSPR)
• Redeemable Warrants
  • Each lot of 4,375 warrants exercisable for one share of Class A common stock at an exercise price of \$0.4375 per share (Trading Symbol: MSPRZ)
  • Each whole warrant exercisable for one share of Class A common stock at an exercise price of \$0.0025 per share (Trading Symbol: MSPRW)

Other Regulatory Notes

• MSP Recovery, Inc. is an Emerging Growth Company under SEC definitions.
• No written communications, solicitation material, or pre-commencement tender offers were filed as part of this Form 8-K, indicating this was not part of a larger transaction or merger announcement.

Conclusion & Shareholder Considerations

Shareholders should closely monitor the company’s liquidity situation and its ability to secure ongoing financing. While the advance from Hazel Partners Holdings LLC provides some short-term relief, management’s explicit caution about the lack of future funding assurances and potential difficulties in meeting obligations is a material risk factor.

This news could impact the share price, especially if investors interpret the funding as a sign of ongoing liquidity challenges. Shareholders are advised to review the full Hazel Letter Agreement exhibit for a detailed understanding of the terms and to be alert for further company disclosures regarding its financial position.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should review official filings and consult their financial advisors before making investment decisions. The author has no position in the securities mentioned at the time of publication.

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