LifeWallet Announces it will Cancel and Reschedule its Fourth Quarter and Full Year 2022 Results Earnings Release and Conference Call & will File Form 12B-25
March 30 2023 - 4:15PM
MSP Recovery, Inc. d/b/a LifeWallet (
NASDAQ: LIFW)
(“LifeWallet” or “LIFW” or the “Company”), announces it will cancel
and reschedule its March 31, 2023, fourth quarter and full year
2022 earnings release and investors conference call and in addition
will file Form 12b-25 Notification of Late Filing with Securities
Exchange Commission. The company is currently negotiating
amendments to certain material agreements and evaluating the
accounting and related disclosure in Form 10K. Therefore, the
company will not file its Annual Report on the Form 10-K for the
period ended December 31, 2022, within the prescribed time period
without unreasonable effort or expense because management needs
additional time to finalize and analyze the disclosure in its Form
10-K. The company currently anticipates that it will file its Form
10-K within the 15-day time period prescribed in Rule 12b-25
promulgated under the Securities Exchange Act of 1934. The Company
will make a further announcement in a subsequent press release to
schedule the date and time of the earnings conference call.
About LifeWalletFounded in 2014
as MSP Recovery, LifeWallet 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 from responsible
parties. LifeWallet provides comprehensive solutions for multiple
industries including healthcare, legal, education, and sports NIL,
while innovating technologies to help save lives. For more
information, visit: investor.lifewallet.com.
Cautionary Note Regarding
Forward-Looking StatementsThis press release contains
forward-looking statements within the meaning of the federal
securities laws. Forward-looking statements may generally be
identified by the use of words such as "anticipate," "believe,"
"expect," "intend," "plan" and "will" or, in each case, their
negative, or other variations or comparable terminology. These
forward-looking statements include all matters that are not
historical facts, including for example expected terms of the
purchase, related financing, or sale of claims pursuant to the
transactions described herein, which is not finalized and subject
to negotiation and related risks. By their nature, forward-looking
statements involve risks and uncertainties because they relate to
events and depend on circumstances that may or may not occur in the
future. As a result, these statements are not guarantees of future
performance or results and actual events may differ materially from
those expressed in or suggested by the forward-looking statements.
Any forward-looking statement made by MSP Recovery herein speaks
only as of the date made. New risks and uncertainties come up from
time to time, and it is impossible for MSP to predict or identify
all such events or how they may affect it. MSP has no obligation,
and does not intend, to update any forward-looking statements after
the date hereof, except as required by federal securities laws.
Factors that could cause these differences include, but are not
limited to, risks associated with the negotiation of the purchase
and sale of assets; and those other factors included in MSP’s
Quarterly Reports on Form 10-Q or Annual Reports on Form 10-K, and
other reports filed by it with the SEC. These statements constitute
the Company's cautionary statements under the Private Securities
Litigation Reform Act of 1995.
For Media:ICR, Inc.lifewallet@icrinc.com
For Investors:ICR, Inc.Marc
GriffinMarc.Griffin@icrinc.com
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