MSP Recovery, Inc. Class A (MSPR)

In the past six months, MSP Recovery, Inc. executed a 1-for-7 reverse stock split, was delisted from the Nasdaq Capital Market and began trading on the OTCQB Venture Market, and concluded an SEC investigation without enforcement action. The company reported its Q3 2025 earnings with an adjusted EPS of $(16.19) and sales of $198,000, and announced a $3 million funding agreement and received a one-time $250,000 advance from Hazel Partners Holdings. The stock experienced a significant decline, plummeting 95.4% from the start of the year and a 98.38% decline between February 5, 2025, and December 19, 2025.

Based on the available information, there is no specific indication of demand seasonality for MSP Recovery, Inc.'s products and services.

MSP Recovery, Inc., also known as LifeWallet, is a healthcare recovery and data analytics company established in 2014 and based in Miami, Florida. The company focuses on using data-driven solutions to recover payments from responsible parties, including Medicare, Medicaid, commercial, and secondary payers. Its services include claims recovery services and LifeWallet, a data ecosystem with applications like LifeWallet EHR, Chase to Pay, LifeChain, LifeWallet 911, LifeWallet Legal, LifeWallet Health, and LifeWallet Sports.

MSP Recovery, Inc. operates in the United States and Puerto Rico, with its headquarters located in Miami, Florida.

MSP Recovery's brand reputation in the past year has been negatively impacted by its delisting from Nasdaq, a substantial drop in stock price, and a U.S. Department of Justice (DOJ) grand jury investigation in Florida. The conclusion of the SEC investigation without enforcement action was a positive development, but the company's financial non-compliance and severe financial distress have damaged its reputation.

As of December 19, 2025, MSP Recovery, Inc. has 11 institutional owners and shareholders holding a total of 66,637 shares, including Goldman Sachs Group Inc., Pin Oak Investment Advisors Inc., and Bank Of America Corp /de/. Insider ownership stands at 28.87%, while institutional ownership is 7.38% as of January 27, 2026, with the CEO, John H. Ruiz, directly owning 1.41% of the company's shares.