Brief: MSP Recovery, Yorkville Reached Deal To Reduce Floor Price Under Yorkville Standby Equity Purchase Agreement To $1.00
12/04/2024 22:41
April 12 (Reuters) - MSP Recovery Inc LIFW.O :
* MSP RECOVERY: ON APRIL 8, CO, YORKVILLE REACHED DEAL TO
REDUCE
FLOOR PRICE UNDER YORKVILLE STANDBY EQUITY PURCHASE AGREEMENT TO
$1.00
* MSP RECOVERY: AGREEMENT TO EXTEND MATURITY DATE OF
CONVERTIBLE
NOTES TO SEPT 30, 2025
* MSP RECOVERY: PARTIES AGREED 3RD CONVERTIBLE NOTE FOR $5
MILLION
TO BE ISSUED ON APRIL 8 WITH TERMS SUBSTANTIALLY SAME AS
PREVIOUS CONVERTIBLE NOTES
Source text for Eikon: ID:n0000950170-24-044153
Further company coverage: LIFW.O
((Reuters.Briefs@thomsonreuters.com;))
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