MSP Recovery, Inc. (NASDAQ: MSPR) will execute a 1-for-7 reverse stock split of its Class A common stock, effective on September 1, 2025, to meet Nasdaq’s $1.00 bid price per share requirement. The Company’s stock will continue trading on Nasdaq under the symbol “MSPR” on a split-adjusted basis starting September 2, 2025. Shareholders previously approved the reverse split, resulting in approximately 1.02 million shares of Class A common stock after the split. MSP Recovery, founded in 2014, specializes in Medicare, Medicaid, commercial, and secondary payer reimbursement recovery using data-driven solutions.
Read more at GlobeNewswire: MSP Recovery Announces Reverse Stock Split to Maintain
