Ben Haner

Josh Siegler

Kyle Bowser

Meyer Shields

- MSP Recovery has entered into a non-binding term sheet for a new secured term loan facility of up to **$55 million**.  **[1802450_2ccf58a0ca35423186a1760f07227fad_0]** 
- The facility is structured with **Tranche A Loans** of up to **$10.0 million** (with **$5.0 million** expected at closing) and a **Tranche B Loan** of up to **$45.0 million** available after closing.  **[1802450_2ccf58a0ca35423186a1760f07227fad_0]** 
- This funding aims to provide **significant working capital and additional operational funding** to drive future growth and expand the Company's portfolio of assigned claims.  **[1802450_2ccf58a0ca35423186a1760f07227fad_0]** 
- The facility would mature **36 months** following closing and involves the issuance of warrants to the lender, potentially covering up to **46.0%** of the Company's fully diluted equity if fully drawn.  **[1802450_2ccf58a0ca35423186a1760f07227fad_1]**

MSP Recovery Announces New Secured Term Loan Facility

- MSP Recovery, Inc. will effect a **1-for-7 reverse stock split** of its Class A common stock.  **[1802450_2b8e4d0878a448d593f36b15975c09fd_0]** 
- The reverse stock split is effective at **11:59 P.M. on September 1, 2025**, to maintain compliance with Nasdaq's **$1.00 minimum bid price** requirement.  **[1802450_2b8e4d0878a448d593f36b15975c09fd_0]** 
- The company's common stock will begin trading on a split-adjusted basis on the Nasdaq Capital Market when it opens on **September 2, 2025**.  **[1802450_2b8e4d0878a448d593f36b15975c09fd_0]** 
- Immediately after the reverse split, there will be approximately **1.02 million** shares of Class A common stock issued and outstanding.  **[1802450_2b8e4d0878a448d593f36b15975c09fd_0]**

MSP Recovery (MSPR)