MSP Recovery Announces Reverse Stock Split to Maintain Compliance with Nasdaq’s Minimum Bid Price Requirement

Core Points - MSP Recovery, Inc. will implement a reverse stock split of its Class A common stock at a ratio of 1-for-7, effective at 11:59 P.M. on September 1, 2025, to comply with Nasdaq's minimum bid price requirement of $1.00 per share [1][3] - The company's common stock will continue to trade on the Nasdaq Capital Market under the symbol "MSPR" and will begin trading on a split-adjusted basis on September 2, 2025 [2][4] - Following the reverse split, approximately 1.02 million shares of Class A common stock will be issued and outstanding [4] Company Overview - MSP Recovery, founded in 2014, specializes in Medicare, Medicaid, commercial, and secondary payer reimbursement recovery, utilizing data-driven solutions to improve the healthcare reimbursement system [5]