MSP Recovery, Inc. Class A (MSPR)

In the past six months, MSP Recovery, Inc. experienced significant stock events. The company's stock was delisted from Nasdaq due to failure to maintain minimum stockholders' equity and bid price, and began trading on the OTCQB Venture Market. The share price declined drastically. The company rebranded under the MSP Recovery name and changed its ticker symbol to "MSPR". A reverse stock split was announced to maintain Nasdaq compliance. An SEC investigation concluded with no enforcement action recommended. The company also announced settlements and the acquisition of additional Medicare claims.

Specific information regarding the demand seasonality for MSP Recovery, Inc.'s products and services was not directly found. However, its business is likely influenced by general seasonality trends within the healthcare revenue cycle and medical insurance claims industry. Winters often see an increase in medical claims due to illnesses. The first quarter typically experiences the highest average days in accounts receivable. The second quarter can have more stable volume and net revenue. The third quarter may see a dip in hospital revenue cycle performance. The fourth quarter generally shows positive hospital revenue cycle performance but increased holiday spending can lead to delayed medical payments.

MSP Recovery, Inc., also known as LifeWallet, is a healthcare recovery and data analytics company focused on disrupting the healthcare reimbursement system. It operates in the Healthcare sector, specifically in Health Information Services and Health Care Providers & Services. The company specializes in claims recovery services, identifying and recouping improper payments made by various payers using a proprietary data analytics system. Its major services include claims recovery and the LifeWallet Ecosystem, which encompasses LifeWallet EHR, Chase to Pay, LifeChain, LifeWallet 911, LifeWallet Legal, LifeWallet Health, and LifeWallet Sports.

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

MSP Recovery, Inc.'s brand reputation has been impacted by several events in the past year. The rebranding and ticker symbol change aimed to focus on its core business. The delisting from Nasdaq and move to the OTCQB Venture Market negatively affected its reputation, reflecting financial instability. The stock price decline further indicates negative investor sentiment. While the SEC investigation's conclusion without enforcement action is a positive, a DOJ grand jury investigation continues to cast a shadow.

MSP Recovery, Inc. has a notable institutional ownership presence, with several institutional owners holding a significant number of shares. Major institutional shareholders include Goldman Sachs Group Inc, Pin Oak Investment Advisors Inc, Bank Of America Corp /de/, UBS Group AG, Tower Research Capital LLC (TRC), BlackRock, Inc., PNC Financial Services Group, Inc., Group One Trading, L.p., LRI Investments, LLC, Sunbelt Securities, Inc., XTX Topco Ltd, Sierra Capital LLC, Millennium Management Llc, Rivernorth Capital Management, Llc, Jane Street Group, Llc, Toronto Dominion Bank, SkyView Investment Advisors, LLC, Citadel Advisors Llc, Deutsche Bank Ag, and Vestcor Inc. Individual insiders hold 6.42% of the shares, and John H. Ruiz is the CEO and a founder.