Notice of Delisting from Nasdaq Capital Market

MSP Recovery, Inc. received a notice on December 18, 2025, that its common stock will be delisted from the Nasdaq Capital Market. This decision by the Hearings Panel is based on the company's failure to comply with minimum stockholders' equity requirements and the minimum bid price rule. The delisting will be effective with the opening of trading on December 22, 2025. Subsequently, the company expects its common stock to trade on the OTC Markets OTCQB market under the ticker "MSPR". The company had previously received a delisting determination on October 22, 2025, due to insufficient stockholders' equity and was later notified on November 28, 2025, of non-compliance with the minimum bid price rule. The company's appeal of these determinations was denied.