MSP Recovery (MSPR) Registration Filing summary

Offering details and pricing

• Registration covers up to 9,956,415 shares of Class A common stock for resale by selling shareholders, including shares issuable upon exercise of warrants and shares issued for services and debt satisfaction.

• Shares include up to 5,000,000 issuable upon exercise of VRM Warrants, 2,500,000 upon exercise of VRP Warrants, and 1,956,415 issued to a technology partner under a services agreement.

• Registration is for a delayed or continuous offering under Rule 415, allowing shares to be sold from time to time after effectiveness.

Management team and governance

• Chief Executive Officer and Chairman is John H. Ruiz; Francisco Rivas-Vásquez serves as Chief Financial Officer.

• Board includes directors Frank C. Quesada, Ophir Sternberg, Beatriz Assapimonwait, Michael Arrigo, Thomas W. Hawkins, and Roger Meltzer.

Underwriters and syndicate

• Baker & McKenzie LLP acts as special securities counsel and provided the legal opinion for the registration.