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 September 1, 2025, to comply with Nasdaq's minimum bid price requirement of $1.00 per share [1][3] - The reverse stock split has been approved by the Company's stockholders, and the new CUSIP number for the Class A common stock will be 553745-40-7 [2][3] - Following the reverse split, approximately 1.02 million shares of Class A common stock will be issued and outstanding, with trading on a split-adjusted basis commencing on September 2, 2025 [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]