Financing ·
MSP Recovery, Inc. entered into a letter agreement with VRM MSP Recovery Partners, LLC to receive a one-time $0.3…
MSPRMSP Recovery, Inc.
MSP Recovery, Inc. entered into a letter agreement with VRM MSP Recovery Partners, LLC to receive a one-time $0.3 million advance to support operating expenses. The agreement includes amendments to the Master Transaction Agreement and the Amended and Restated Security Agreement, which expand VRM's security interests to include the Operating Reserve and the Reserve Account. MSP Recovery, Inc. is a company that manages claims recovery proceeds. }