0000899243-22-021702.txt : 20220609 0000899243-22-021702.hdr.sgml : 20220609 20220609193536 ACCESSION NUMBER: 0000899243-22-021702 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220607 FILED AS OF DATE: 20220609 DATE AS OF CHANGE: 20220609 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sternberg Ophir CENTRAL INDEX KEY: 0001793414 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39445 FILM NUMBER: 221007300 MAIL ADDRESS: STREET 1: C/O OPES ACQUISITION CORP. STREET 2: JAVIER BARROS SIERRA 540, OF. 103 CITY: MEXICO CITY STATE: O5 ZIP: 01210 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MSP Recovery, Inc. CENTRAL INDEX KEY: 0001802450 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2701 LE JEUNE ROAD STREET 2: FLOOR 10 CITY: CORAL GABLES STATE: FL ZIP: 33134 BUSINESS PHONE: 305.614.2222 MAIL ADDRESS: STREET 1: 2701 LE JEUNE ROAD STREET 2: FLOOR 10 CITY: CORAL GABLES STATE: FL ZIP: 33134 FORMER COMPANY: FORMER CONFORMED NAME: Lionheart Acquisition Corp. II DATE OF NAME CHANGE: 20200724 FORMER COMPANY: FORMER CONFORMED NAME: Lionheart Acquisition Corp. DATE OF NAME CHANGE: 20200205 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2022-06-07 0 0001802450 MSP Recovery, Inc. MSPR 0001793414 Sternberg Ophir 4218 NE 2ND AVENUE MIAMI FL 33137 1 0 1 0 Class A Common Stock 2022-06-07 4 X 0 121250 0.00 A 2435063 I Lionheart Equities, LLC Class A Common Stock 2022-06-07 4 S 0 3 2.98 D 2435960 I Lionheart Equities, LLC Class A Common Stock 2022-06-07 4 X 0 92500 0.00 A 832500 I Lionheart Investments, LLC Class A Common Stock 2022-06-07 4 S 0 2 2.98 D 832498 I Lionheart Investments, LLC Class A Common Stock 1000000 I Star Mountain Equities, LLC Class A Common Stock 1000000 I 2022 OS Irrevocable Trust Warrant (right to buy) 11.50 2022-06-07 4 X 0 121250 0.00 A 2022-06-02 2027-05-23 Class A Common Stock 121247 0 I Lionheart Equities LLC Warrant (right to buy) 11.50 2022-06-07 4 X 0 92500 0.00 A 2022-06-02 2027-05-23 Class A Common Stock 92498 0 I Lionheart Investments, LLC On May 25, 2022, the issuer made a distribution of newly issued warrants on account of the outstanding shares of Class A Common Stock, resulting in a decrease of the exercise price of the warrants from $11.50 to $0.0001, the par value of the Class A Common Stock, per share pursuant to the terms of the Warrant Agreement governing such warrants. The Class A Common Stock are owned directly by Lionheart Equities, LLC ("Equities"), an entity which Mr. Sternberg owns and controls. On June 7, 2022, the reporting person exercised warrants to purchase 121,252 shares of Issuer's common stock for $0.0001 a share. The reporting person paid the exercise price on a cashless basis, resulting in Issuer's withholding of 3 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 121,247 shares. The Class A Common Stock are owned directly by Lionheart Investments, LLC ("Investments), an entity which Mr. Sternberg owns and controls. On June 7, 2022, the reporting person exercised warrants to purchase 92,500 shares of Issuer's common stock for $0.0001 a share. The reporting person paid the exercise price on a cashless basis, resulting in Issuer's withholding of 2 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 92,498 shares. These Class A shares are owned directly by Star Mountain Equities, LLC, an entity which Mr. Sternberg owns and controls. These Class A shares are owned directly by 2022 OS Irrevocable Trust, over which Mr. Sternberg has sole investment and dispository power as its trustee. /s/ Ophir Sternberg 2022-06-09