MSP Recovery Announces Licensing Agreement With a New Client for a $7.5 Million Fee and Prospective Annual Fees of $1 Million, as Well as an Amendment to an Existing Agreement and a New Warrant Agreement With Brickell Key Investments LP That Exchanges Deb
The licensing agreement provides the Companys client with a license to utilize its proprietary LifeWallet platform.
- The licensing agreement provides the Companys client with a license to utilize its proprietary LifeWallet platform.
- The platform will also avoid the improper documenting of medical claims that leads to improper billing, thereby preventing fraud, waste, and abuse.
- (See prior, May 20, 2022 press release titled Polygon Partners with Tokenology and MSP Recovery to Tokenize Healthcare Claims On-Chain ).
- Brickell Key Investments was our first investor that believed in our vision and in MSP Recovery, said MSP Recovery Founder and CEO, John H. Ruiz.