MSP Recovery, Inc. - Class A Common Stock (MSPR)

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MSP Recovery, Inc. (MSPR) is rising premarket due to a strategic term sheet with Hazel Partners, Virage Capital and affiliates, which includes cost reduction and a new servicing entity to eliminate $1.2B in guaranteed debt.

U.S. stock futures were volatile on Friday after losing steam on Thursday. Futures of major benchmark indices were lower in premarket.