{"filing":{"accession_number":"0001213900-26-070085","cik":"0001802450","ticker":"MSPRZ","company_name":"MSP Recovery, Inc.","form":"8-K","filing_date":"2026-06-18","report_date":null,"primary_document":"ea0295270-8k_msp.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1802450/000121390026070085/ea0295270-8k_msp.htm"},"events":[{"id":11784,"run_id":10365,"accession_number":"0001213900-26-070085","anchor_item_number":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.72,"summary":"MSP Recovery disclosed entry into a discretionary $0.1 million advance from Hazel Partners under an existing working capital facility on June 11-12, 2026. The filing emphasizes that the facility is entirely discretionary with no committed liquidity, no borrowing base, and no obligation to fund. Critically, the company explicitly states \"no remaining funding capacity was available under the facility\" as of Q3-2025, and this advance is a \"one-time\" accommodation that \"does not reinstate, replenish, or otherwise reopen availability.\" The company's repeated cautions that this should not be viewed as indicative of future funding availability, combined with the exhaustion of prior capacity and reliance on discretionary advances for operating expenses, signals financial stress and potential covenant concerns or technical defaults that prompted Hazel's discretionary accommodation.","company_name":"MSP Recovery, Inc.","ticker":"MSPRZ","filing_date":"2026-06-18","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":8458,"accession_number":"0001213900-26-070085","item_number":null,"item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"MSP Recovery disclosed entry into a discretionary $0.1 million advance from Hazel Partners under an existing working capital facility on June 11-12, 2026. The filing emphasizes that the facility is entirely discretionary with no committed liquidity, no borrowing base, and no obligation to fund. Critically, the company explicitly states \"no remaining funding capacity was available under the facility\" as of Q3-2025, and this advance is a \"one-time\" accommodation that \"does not reinstate, replenish, or otherwise reopen availability.\" The company's repeated cautions that this should not be viewed as indicative of future funding availability, combined with the exhaustion of prior capacity and reliance on discretionary advances for operating expenses, signals financial stress and potential covenant concerns or technical defaults that prompted Hazel's discretionary accommodation.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-18T20:02:20.366578+00:00","company_name":"MSP Recovery, Inc.","ticker":"MSPRZ","filing_date":"2026-06-18"}]}