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Name | Symbol | Market | Type |
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Lionheart Acquisition Corporation II | NASDAQ:LCAPU | NASDAQ | Trust |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 10.03 | 4.29 | 17.13 | 0 | 01:00:00 |
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): June 29, 2023 (June 28, 2023) |
MSP Recovery, Inc.
(Exact name of Registrant as Specified in Its Charter)
Delaware |
001-39445 |
84-4117825 |
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(State or Other Jurisdiction |
(Commission File Number) |
(IRS Employer |
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2701 Le Jeune Road Floor 10 |
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Coral Gables, Florida |
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33134 |
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(Address of Principal Executive Offices) |
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(Zip Code) |
Registrant’s Telephone Number, Including Area Code: (305) 614-2222 |
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(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:
Securities registered pursuant to Section 12(b) of the Act:
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Trading |
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Class A common stock, par value $0.0001 per share |
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LIFW |
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The Nasdaq Global Market |
Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share |
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LIFWW |
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The Nasdaq Global Market |
Redeemable warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $0.0001 per share |
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LIFWZ |
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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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 29, 2023, the board of directors appointed Ricardo Rivera, age 51, as interim Chief Financial Officer of the MSP Recovery, Inc. (the “Company”), effective immediately. Mr. Rivera also serves as Chief Operating Officer of the Company. Mr. Rivera joined the Company in September 2019, and from September 2019 until July 2021, Mr. Rivera served as the Chief of Staff. Mr. Rivera also served as interim CFO of the Company from May 23, 2022 until June 24, 2022. Over the past 25 years Mr. Rivera has held positions as COO & CFO at various private corporations in the U.S. and internationally. Before joining the Company, Mr. Rivera was COO & CFO of Transatlantic Power Fund Management, LLC, a subsidiary of Transatlantic Power Holdings LLC. Mr. Rivera has a Master’s in Professional Accounting and a BBA in Accounting from the University of Miami.
On June 28, 2023, Calvin Hamstra tendered his resignation as Chief Financial Officer of the Company to the board of directors of the Company. His resignation was effective immediately.
Based on Mr. Rivera’s professional experience, including his previous role as the Company’s Interim CFO, coupled with Mr. Rivera’s continuous involvement in the Company’s SEC reporting obligations, the Company expects a seamless transition. The Company is currently finalizing its 2022 Form 10-K and will file as soon as practicable.
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.
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MSP Recovery, Inc. |
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Date: |
June 29, 2023 |
By: |
/s/ Alexandra Plasencia |
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Name: Title: |
Alexandra Plasencia |
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