MSP Recovery, Inc. filed a prospectus supplement covering the resale of up to 56,896 shares of Class A common stock by selling securityholders. The shares include stock issued or issuable to Virage-affiliated entities under prior agreements and 11,180 shares issued to Palantir Technologies as compensation for products and services. Warrants tied to part of these shares have a low $0.0175 per share exercise price, so any cash the company receives from exercises would be only nominal.
Attached to the supplement, MSP Recovery reported a new letter agreement with Hazel Partners Holdings under its existing working capital credit facility. Hazel funded a one-time $250,000 advance on January 26, 2026 to be used primarily for operating expenses, increasing the Operational Collection Floor beyond its prior level. The company emphasizes this is a standalone accommodation, does not restore ongoing availability, and that it has no rights to, and no reasonable basis to expect, further advances or committed liquidity under this facility.
MSP Recovery, Inc. has filed a prospectus supplement covering the resale, from time to time, of up to 32,220 shares of Class A Common Stock by existing holders, including 15,239 shares issuable upon exercise of a CPIA Warrant at $0.4375 per share, which would generate only nominal proceeds if exercised.
The supplement also incorporates a new agreement under which Hazel Partners Holdings LLC provided a one-time $250,000 advance under the company’s discretionary working capital credit facility, primarily for operating expenses. The company emphasizes this is a standalone accommodation, does not restore ongoing borrowing capacity, and that it has no rights to and no reasonable basis to expect further advances under the facility.
MSP Recovery, Inc. filed a prospectus supplement registering up to 285,715 shares of Class A common stock for resale by Yorkville under an existing standby equity purchase agreement. The company will not receive proceeds from Yorkville’s resale of these shares, though it may receive cash when it elects to sell stock to Yorkville under the facility.
The attached current report also discloses a $250,000 one-time advance under MSP Recovery’s working capital credit facility with Hazel Partners Holdings. This advance is fully discretionary, does not reinstate borrowing capacity, and the company states it has no rights to and no reasonable basis to expect further funding under that facility, highlighting continued liquidity pressure alongside prior Nasdaq delisting and OTCQB trading.
MSP Recovery, Inc. entered into a letter agreement with Hazel Partners Holdings LLC, its working capital lender, under which Hazel made a one-time discretionary advance of $250,000 on January 26, 2026, to be used primarily for operating expenses. This advance increases the amount previously drawn under the facility’s Operational Collection Floor but is described as a standalone accommodation. The company states that this funding does not reinstate or reopen availability under the working capital credit facility and that, apart from this advance, no additional funding is currently available. MSP Recovery further notes it has no rights to, and no reasonable basis to expect, any further advances, and cautions that this payment should not be seen as a sign of future support or ongoing liquidity.
MSP Recovery, Inc. filed a prospectus supplement covering up to 285,715 shares of Class A common stock that it may issue and sell to YA II PN, Ltd. (Yorkville) under a standby equity purchase agreement, with Yorkville then eligible to resell those shares from time to time. The Yorkville facility permits equity sales at discounts to market VWAP, subject to a 9.99% ownership cap, while prior stockholder approval has lifted an earlier exchange cap on issuance limits.
The supplement also includes a current report describing a new letter agreement under which Hazel Partners Holdings LLC, the lender under MSP Recovery’s working capital credit facility, made a one-time discretionary advance of $300,000 for operating expenses. The company states this advance does not reinstate or reopen ongoing borrowing capacity, emphasizes that the facility remains fully discretionary with no committed liquidity or borrowing base, and notes it has no rights to, or reasonable basis to expect, further advances from Hazel.
MSP Recovery, Inc. files a prospectus supplement covering the resale of up to 909,982 shares of Class A common stock and up to 755,200,000 warrants, plus the issuance of up to 236,019 shares upon warrant exercise. The Public Warrants have a reduced exercise price of $0.4375 per share, while the New Warrants carry a much higher $50,312.50 per share exercise price, which the company states makes exercises unlikely at recent market prices, and it does not expect to rely on New Warrant exercises for cash. As context, on January 21, 2026, the stock closed at $0.067 per share following a 1-for-7 reverse split. Separately, the company discloses a one-time $300,000 advance under its working capital facility with Hazel Partners Holdings LLC, solely for operating expenses, and emphasizes that this is a standalone accommodation with no commitment or reasonable basis to expect further funding.
MSP Recovery, Inc. has filed a prospectus supplement covering the resale of up to 56,896 shares of Class A common stock by selling securityholders. These include shares and warrants held by Virage Recovery Master LP, Virage Recovery Participation LP, and Palantir Technologies, Inc., with certain shares issuable upon exercise of warrants at an exercise price of $0.0175 per share, which would yield only nominal proceeds to the company if exercised.
The supplement also attaches a current report describing a new letter agreement with Hazel Partners Holdings LLC, under which Hazel made a one-time $300,000 advance under the existing working capital credit facility to be used solely for operating expenses. The company states this advance is a standalone accommodation, does not restore or expand ongoing availability under the facility, and that it has no rights to, and no reasonable basis to expect, any further advances.
MSP Recovery, Inc. filed a prospectus supplement covering the potential resale, from time to time, of up to 32,220 shares of its Class A common stock by selling securityholders, including up to 15,239 shares issuable upon exercise of the CPIA Warrant at an exercise price of $0.4375 per share. Any proceeds from sales will go to the selling securityholders, while the company would receive only nominal cash if the CPIA Warrant is exercised.
The company also disclosed that Hazel Partners Holdings LLC agreed to make a one-time $300,000 advance under its discretionary working capital credit facility to be used solely for operating expenses. This advance, funded on January 20, 2026, is described as a standalone accommodation that does not restore or expand ongoing borrowing availability and does not create any commitment for future funding.
MSP Recovery, Inc. entered into a letter agreement with Hazel Partners Holdings LLC on January 19, 2026 for a one-time advance of $300,000 under its existing working capital credit facility. The funds were provided through the facility’s discretionary Operational Collection Floor and may be used solely for operating expenses.
The advance, funded on January 20, 2026, was subject to conditions under the credit agreement, including no default at the time of funding. MSP Recovery explains that this is a standalone accommodation that does not reinstate or expand availability under the working capital facility, which previously had reached approximately $6.0 million of aggregate advances. The company states that no additional funding is currently available under the facility and that it has no rights to, and no reasonable basis to expect, further advances from Hazel, cautioning that this payment should not be viewed as an indication of ongoing liquidity support.
MSP Recovery, Inc. reported that the delisting of its Class A common stock from the Nasdaq Capital Market and move to the OTCQB triggered a technical Event of Default under its convertible promissory notes with Yorkville, tied to a requirement that the stock remain on a “Primary Market.” The default arose when a 10‑trading‑day period ended on January 6, 2026.
The company owes Yorkville about $3.6 million under these Convertible Notes. If the default were fully enforced, MSP Recovery estimates it could have to make accelerated monthly payments of principal and interest of roughly $1.5 million per month until the notes are repaid.
On January 8, 2026, Yorkville agreed in writing to extend the “Primary Market Period” from 10 trading days to 90 calendar days, through March 22, 2026, so long as MSP Recovery’s stock continues to trade on the OTCQB. Yorkville has not issued any acceleration notice, and the company does not believe this technical default has immediately triggered cross‑defaults under other major debts, though it cautions that future defaults or similar waivers are not assured.