MSP Recovery, Inc. d/b/a LifeWallet (LIFW) today announced it received correspondence from Nasdaq on Oct 27, 2023 that the Company’s previously disclosed bid price deficiencies have been cured, and that the Company is now in compliance with all applicable Nasdaq listing standards.
As a result, the scheduled hearing before the Nasdaq Listing Qualifications Hearings Panel on November 2, 2023, has been cancelled. The Company’s Class A common stock will continue to be listed and traded on Nasdaq, subject to continued compliance with applicable Nasdaq listing standards.
LifeWallet has also announced it will hold its 2023 Annual Meeting of Stockholders at 10am Eastern Time on Wednesday, November 1, 2023.