MSP Recovery Announces Licensing Agreement With a New Client for a $7.5 Million Fee and Prospective Annual Fees of $1 Million, as Well as an Amendment to an Existing Agreement and a New Warrant Agreement With Brickell Key Investments LP That Exchanges Debt for Equity, Resulting in Debt Forgiveness of $63 Million
MSP Recovery Announces Continued Portfolio Growth, Initial Payments in Response to Claim Demand Packages on Property and Casualty Claims Averaging 284% of Paid Value of Potentially Recoverable Claims, and Expansion of LifeWallet Platform With the Launch of Attorney Referral Service — Enabling MSPR and LifeWallet to Create a New Revenue Source
PremiumPress ReleasesMSP Recovery Enters Into Agreement With Prudent Group To Monetize Up to $250 Million in Certain Property & Casualty Claim Recoveries on a Non-Recourse Basis
PremiumPress ReleasesMSP Recovery Reaffirms Revenue Guidance Originally Set Forth in Prior Financial Models and Announces Substantial Business Expansion Through Development of Additional Revenue Streams, Monetization of Assignor Interests, Growth of Existing Business, and Continued Innovation