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MSP Recovery, Inc. to Trade on Nasdaq Under the Symbol "MSPR" Starting May 24 MSP Recovery, Inc. ("MSPR"), formerly known as Lionheart Acquisition Corporation II, a Delaware corporation (NASDAQ:LCAPU, LCAP, LCAPW, "Lionheart" or "LCAP"))), today announced that it has closed the previously announced business combination (the "transaction") with MSP Recovery, LLC. ("MSP"), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader. The business combination was approved by a majority of LCAP's stockholders in an extraordinary meeting on May 18, 2022. As previously announced, following the closing, LCAP's Class A Common Stock will cease trading on the Nasdaq Capital M
MSP Recovery, LLC ("MSP" or "MSPR"), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader today announced it has entered into a Data Transfer Agreement (the "Agreement") with one of the leaders in Mexican data and cybersecurity, SeguriTech, S.A. de C.V. ("SeguriTech"), positioning MSPR to expand its services internationally. On May 18, 2022, Lionheart Acquisition Corporation II (NASDAQ:LCAPU, LCAP, LCAPW, "Lionheart" or "LCAP"))), a publicly traded special purpose acquisition company, announced that shareholders of record as of April 18, 2022 approved the previously announced business combination (the "Business Combination") with MSP Recovery, LLC, a Medicare
Lionheart Acquisition Corporation II (NASDAQ:LCAPU, LCAP and LCAPW))) ("Company") announces a clarification on the issuance of New Warrants, as previously announced in connection with its business combination with MSP Recovery, LLC (the "Business Combination"). Following the closing of the Business Combination (the "Closing"), which is now expected to occur on May 23, 2022, the Company's Class A Common Stock will cease trading on the Nasdaq Capital Market ("Nasdaq CM") under the symbol "LCAP" (CUSIP 53625R104), and begin trading on Nasdaq Global Market ("Nasdaq GM") under the symbol "MSPR" (CUSIP 553745100) and the Company's warrants, each to purchase one share of Class A Common Stock at $
MSP Recovery Inc (NASDAQ:MSPR) shares are plunging Tuesday following the company's merger with special purpose acquisition company Lionheart Acquisition Corp II (NASDAQ:LCAP). Despite the stock's poor performance on its public debut, MSP Recovery founder and CEO John Ruiz isn't deterred. "It's a marathon, it's not a sprint," Ruiz said Tuesday on "Benzinga Live." What Is MSP Recovery? MSP Recovery operates a platform which allows its customers to recover any claims where the law places primary payment responsibility on another payer. The company generates revenue via fees, which are only charged to a client following successful recovery. "We go out, we find it, and we recover it, and we
Today's 5 Stock Ideas: Pinterest (PINS) - Shares were down 16% in pre-market action following a Q2 warning out of peer in the social space, Snap (SNAP). The Snap guidance also brought down larger social media players like Facebook (FB) and Twitter (TWTR), which subsequently brought the entire stock market lower. Costco (COST) - Will report Q3 earnings after market close on Thursday. Shares have fallen about 15% over the last week as many retailers have been reporting disappoint quarterly results. MSP Recovery (MSPR) - A recent special purpose acquisition corporation (SPAC) deal with Lionheart Acquisition Corp. II (LCAP). MSP Recovery CEO, John Ruiz, will interview on Ben
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LCAP shareholders have approved the previously announced business combination at the Special Meeting held on May 18, 2022 Transaction Expected to Close May 20, 2022 Lionheart Acquisition Corporation II (NASDAQ:LCAPU, LCAP, LCAPW, "Lionheart" or "LCAP"))), a publicly traded special purpose acquisition company, today announced that shareholders of record as of April 18, 2022 approved the previously announced business combination (the "Business Combination") with MSP Recovery, LLC ("MSP Recovery" or "MSP") a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader. Six proposals were considered and voted upon by LCAP's stockholders at the special meeting, all of whi
Cantor may purchase up to 3.5 million shares of Lionheart Acquisition Corporation II stock before closing of the business combination with MSP Recovery, LLC Equity facility covers the purchase of up to $1 billion in shares of the combined company after closing of the business combination MSP Recovery, LLC ("MSP Recovery" or "MSP"), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader, and Lionheart Acquisition Corporation II, a Delaware corporation ("LCAP" or the "Company"), today announced that LCAP has entered into a non-binding term sheet with an affiliate of Cantor Fitzgerald L.P. ("Cantor") pursuant to the terms of which, upon negotiation and executi
Transaction proceeds represent anticipated new revenue source for MSP Recovery Transaction to include assignments from healthcare insurance payors, healthcare providers and self-funded entities. MSP Recovery, LLC, ("MSP Recovery" or "MSP"), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader, that in July announced a planned business combination with Lionheart Acquisition Corporation II (NASDAQ:LCAPU, LCAP, LCAPW, "Lionheart" or "LCAP"))), today announced an agreement to monetize up to $3 billion of select healthcare claims recovery interests to its investment partner, Virage Capital Management LP ("Virage"). This initial agreement provides the platform