MSP Recovery Inc. has entered into a letter agreement with Hazel Partners Holdings LLC, acting as administrative agent and lender under the company’s existing working capital credit facility. Under the agreement, Hazel will provide a $250,000 advance to MSP Recovery, intended primarily for operating expenses. This advance is a standalone transaction and does not reinstate or expand the availability under the existing credit facility, nor does it create any commitment for future funding. MSP Recovery emphasized that no additional funding is currently available under the facility and cautioned that the receipt of this advance should not be seen as an indication of further financial support from Hazel.

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