MSP Recovery, Inc. Begins Trading on Nasdaq Under the Symbol “MSPR” on May 24, 2022
Second-Largest SPAC Transaction Announced to Date
As previously announced, LCAP’s warrants, each to purchase one share of Class A Common Stock of MSPR at
Since announcing the business combination with LCAP in
“We’ve come a long way since I launched MSP Recovery more than eight years ago with one simple goal: to disrupt this country’s antiquated healthcare payment system and innovate solutions to help all Americans. MSPR has discovered that the ingestion and processing of healthcare data is substantially fragmented and flawed. This causes economic loss and prevents proper care and treatment, which can lead to serious mental or physical conditions, including loss of life,” said MSP Recovery Founder and CEO,
“We developed a pioneering data analytics platform that efficiently identifies and uncovers historical waste, helps to support the long-term sustainability of Medicare and Medicaid programs, and recovers monies owed to hospitals, health insurance companies and medical providers, among many others,” he explained.
“We also launched LifeWallet Powered by MSP Recovery to help first responders and healthcare providers quickly and easily access patient medical histories when they’re needed most. The platform enables informed decision-making and improved patient care to help save lives,” said
“John and his team identified an innovative approach to a growing asset class that was previously accessible only to institutional investors,” said
Founded in 2014, MSP Recovery has become a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader, disrupting the antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties. MSP Recovery provides the healthcare industry with comprehensive compliance solutions, while innovating technologies to help save lives. For more information, visit: www.msprecovery.com.