CORAL GABLES, Fla., Jan. 03, 2023 (GLOBE NEWSWIRE) — MSP Restoration, Inc. D/B/A LifeWallet (“LifeWallet”, or “the Firm”), a Medicare, Medicaid, industrial, and secondary payer reimbursement restoration and know-how chief, right this moment introduced the Firm will start buying and selling of its frequent inventory right this moment, January 3, 2023 at 9:30 AM ET, underneath the brand new ticker image “LIFW”.
MSP Restoration, Inc. beforehand introduced on Dec 22, 2022 that it’ll start doing enterprise as “LifeWallet” in 2023.
The “LIFW” ticker image will exchange the Firm’s present ticker image for its frequent inventory, “MSPR”. Moreover, the Firm’s publicly traded warrants to buy frequent inventory will start buying and selling underneath the ticker symbols “LIFWW” and “LIFWZ”, thus changing the Firm’s ticker symbols for its publicly traded warrants, “MSPRW” and “MSPRZ”, respectively.
The Firm won’t change its core technique, and the core enterprise stays the identical – secondary payer reimbursement recoveries.
“Transitioning to a brand new inventory ticker is the newest step we’ve got taken towards our rebranding initiative with the intention of additional strengthening our core enterprise,” stated MSP Restoration/LifeWallet Founder and CEO, John H. Ruiz. “That is an thrilling time for the enterprise as we proceed to combine and align ourselves with the nationally-recognized LifeWallet model.”
No motion is required by the Firm’s present shareholders on account of the change. The ticker image change may have no impact on enterprise targets, technique, or charges and bills.
For extra data, the Firm recommends that stockholders, traders, and every other events learn the Firm’s public filings and press releases obtainable at investor.lifewallet.com.
Based in 2014 as MSP Restoration, LifeWallet has grow to be a Medicare, Medicaid, industrial, and secondary payer reimbursement restoration chief, disrupting the antiquated healthcare reimbursement system with data-driven options to safe recoveries from accountable events. The LifeWallet ecosystem offers progressive options for a number of industries together with sports activities, colleges, authorized, and healthcare, whereas innovating applied sciences to assist save lives. For extra data, go to: lifewallet.com
Ahead Trying Assertion
This press launch accommodates forward-looking statements inside the which means of the federal securities legal guidelines. Ahead-looking statements could usually be recognized by means of phrases equivalent to “anticipate,” “imagine,” “count on,” “intend,” “plan” and “will” or, in every case, their unfavorable, or different variations or comparable terminology. These forward-looking statements embody all issues that aren’t historic info. By their nature, forward-looking statements contain dangers and uncertainties as a result of they relate to occasions and depend upon circumstances which will or could not happen sooner or later. Consequently, these statements aren’t ensures of future efficiency and precise occasions could differ materially from these expressed in or prompt by the forward-looking statements. Any forward-looking assertion made by LIFW on this press launch, its studies filed with the Securities and Trade Fee (the “SEC”) and different public statements comprised of time-to-time converse solely as of the date made. New dangers and uncertainties come up sometimes, and it’s not possible for LIFW to foretell or determine all such occasions or how they might have an effect on it. LIFW has no obligation, and doesn’t intend, to replace any forward-looking statements after the date hereof, besides as required by federal securities legal guidelines. Components that would trigger these variations embody, however aren’t restricted to, LIFW’s means to capitalize on its task agreements and get better monies that had been paid by the assignors; litigation outcomes; the validity of the assignments of claims to LIFW; the shortcoming to efficiently develop the scope of LIFW’s claims or acquire new information and claims from LIFW’s present assignor base or in any other case; LIFW’s failure to innovate and develop new options, or the failure of these options to be adopted by LIFW’s present and potential assignors; Detrimental publicity regarding healthcare information analytics and fee accuracy. These statements represent the Firm’s cautionary statements underneath the Personal Securities Litigation Reform Act of 1995.