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MSP Recovery (Lionheart Acquisition II) Priced, Nasdaq: MSPR

Blank check company formed by Lionheart Capital targeting a real estate technology company (completed 5/23/2022).

Industry: SPAC

Latest Trade: $2.15 0.00 (0.0%)

First Day Return: -0.3%

Return from IPO: -78.5%

Industry: SPAC

We are a newly organized blank check company incorporated in December 2019 as a Delaware corporation and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. While we may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, we currently intend to concentrate our efforts in businesses that apply innovative digital technologies and technology-enhanced services and solutions to the identification, design, development, construction, operation, financing, management and disposition of real estate properties, commonly referred to as “PropTech.” Our definition of PropTech applies to both technology companies that are disrupting the real estate sector as well as to real estate and consumer-oriented companies with a real estate component that utilize innovative technology. Our management team has an extensive track record of acquiring attractive assets at disciplined valuations, investing in growth while fostering financial discipline and improving business results.
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IPO News for MSP Recovery (Lionheart Acquisition II)
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IPO Data
IPO File Date 07/27/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/13/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 20.0
Deal Size ($mm) $200
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Miami, FL
Founded 2019
Employees 3
Website www.lheartcapital.com