Key facts
- This page summarizes CF Principal Investments LLC's Form 3 filing for MSP Recovery, Inc. (MSPR).
- 0 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 01 Jun 2022, 16:46.
CF Principal Investments LLC - 24 May 2022 Form 3 Insider Report for MSP Recovery, Inc. (MSPR)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- MSPR
- Reported as of
- 24 May 2022
- Net transaction value
- $0
- Reporting owner signature
- /s/ Howard Lutnick
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
CF Principal Investments LLC filed Form 3 for MSP Recovery, Inc. (MSPR) on 01 Jun 2022.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LIFW
holding
Class A Common Stock, par value $0.0001 per share
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,129,589
- Date
- 24 May 2022
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LIFW
holding
Derivative
Warrants to purchase Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 24 May 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 133,291,502
- Exercise price
- $11.50
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Notwithstanding the terms of the warrants, as described in the issuer's Form 8-K filed on May 18, 2022, CFPI has irrevocably agreed to transfer the warrants to the Issuer for cancellation and has no exercise rights with respect thereto.
Footnote F2
Under the terms of the New Warrant Agreement governing the warrants, the form of which is attached as Exhibit M to the Issuer's proxy statement filed on May 3, 2022, the warrants expire at 5:00 p.m., New York City time on the earlier to occur of: (x) the date that is five (5) years after the date on which the Company completes the Business Combination, (y) the liquidation of the Company, and (z) the Redemption Date. The foregoing capitalized terms have the meanings set forth in the New Warrant Agreement.
SEC remarks
CF Principal Investments, LLC ("CFPI") is the record holder of the securities reported herein. CF Group Management, Inc. ("CFGM") is the managing general partner of Cantor Fitzgerald, L.P. ("Cantor") and directly or indirectly controls the managing general partner of CFS. Mr. Lutnick is Chairman and Chief Executive of CFGM and trustee of CFGM's sole stockholder. Cantor, indirectly, holds a majority of the ownership interests of Cantor Fitzgerald Securities ("CFS"), which is the managing member of CFPI. As such, each of CFS, Cantor, CFGM and Mr. Lutnick may be deemed to have beneficial ownership of the securities directly held by CFPI. Each such entity or person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.