MSP Recovery Amends Nomura Note and Secures Additional $3 Million Yorkville Financing

Reuters
2025/10/29
<a href="https://laohu8.com/S/MSPR">MSP Recovery</a> Amends Nomura Note and Secures Additional $3 Million Yorkville Financing

MSP Recovery Inc. has amended its financing arrangements with two major financial institutions. The company reached an agreement with YA II PN, Ltd. (Yorkville) to reduce the floor price under its Standby Equity Purchase Agreement and related Convertible Promissory Notes from $1.00 to $0.50. Additionally, MSP Recovery entered into a second supplemental agreement with Yorkville, allowing for up to $3.0 million in additional funding via Convertible Promissory Notes, subject to a 10% original issue discount and certain limitations on principal advances. Separately, MSP Recovery amended and restated its promissory note with Nomura Securities International, Inc. to reflect an outstanding principal amount of approximately $35.4 million. The amendment also includes a limited waiver allowing the company to use up to $3.0 million in proceeds from Convertible Notes, which would otherwise be paid to Nomura, to fund company operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MSP Recovery Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-253645), on October 28, 2025, and is solely responsible for the information contained therein.

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