Form 8-K Filing Summary

MSP Recovery, Inc. has entered into two material definitive agreements on April 2, 2026. Firstly, the company, through its subsidiaries, signed a letter agreement with Hazel Partners Holdings LLC ("Hazel") for a $0.1 million advance to primarily cover operating expenses. This advance is a one-time accommodation and does not reinstate or increase the availability under the existing working capital credit facility. Secondly, the company entered into a letter agreement with VRM MSP Recovery Partners, LLC ("VRM") for a $0.1 million advance to support accounts payables. This advance is also a one-time event and is to be reimbursed promptly upon the closing of any loan or other financing transaction by the company or its affiliates. The VRM advance is contingent upon the company reimbursing VRM for the advance and prior consented amounts, and requires the appointment of Nader Tavakoli as Chief Restructuring Officer.