Filing Details
- Accession Number:
- 0001140361-23-006662
- Form Type:
- 13G Filing
- Publication Date:
- 2023-02-13 19:00:00
- Filed By:
- Nomura Holdings Inc
- Company:
- Msp Recovery Inc.
- Filing Date:
- 2023-02-14
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Nomura Holdings, Inc | 0 | 16,514,999 | 0 | 16,514,999 | 16,514,999 | 18.3% |
| Nomura Securities International, Inc | 0 | 16,514,999 | 0 | 16,514,999 | 16,514,999 | 18.3% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
| MSP Recovery, Inc. |
| (Name of Issuer) |
| Class A Common Stock, par value $0.0001 per share |
| (Title of Class of Securities) |
| 553745100 |
| (CUSIP Number) |
| December 31, 2022 |
| (Date of Event which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| ☒ | Rule 13d-1(b) |
| ☐ | Rule 13d-1(c) |
| ☐ | Rule 13d-1(d) |
* The remainder of this cover page shall be filled out for a person’s initial filing on this form with respect to the subject class of securities, and for any subsequent
amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the
“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. 553745100 | 13G | Page 2 of 10 Pages |
| 1 | NAMES OF REPORTING PERSONS | | | ||
| Nomura Holdings, Inc. | | | |||
| | | ||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
| (a)☐ | |||||
| (b)☐ | | | |||
| 3 | SEC USE ONLY | | | ||
| | | | |||
| | | ||||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
| Japan | | | |||
| | | ||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
| 0 | | | |||
| | | ||||
| 6 | SHARED VOTING POWER | | | ||
| 16,514,999 (1) | | | |||
| | | ||||
| 7 | SOLE DISPOSITIVE POWER | | | ||
| 0 | | | |||
| | | ||||
| 8 | SHARED DISPOSITIVE POWER | | | ||
| 16,514,999 (1) | | | |||
| | | ||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
| 16,514,999 | | | |||
| | | ||||
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
| ☐ Not applicable | | | |||
| | | ||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
| 18.3% (2) | | | |||
| | | ||||
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
| HC | | | |||
| | | ||||
| (1) | Consists of (i) 189,999 shares of Class A Common Stock owned by Nomura Securities International, Inc. (“NSI”) and (ii) 16,325,000 shares of Class A Common Stock NSI has the right to
acquire upon the exercise of warrants with an exercise price of $11.50 per share and exercisable within 30 days after May 27, 2022 (the “Warrants”) beneficially owned as of December 31, 2022. NSI is a wholly owned subsidiary of Nomura
Holdings, Inc., which accordingly may be deemed to beneficially own the shares beneficially owned by NSI. |
| (2) | The percent of class is calculated based on 74,385,907 shares of Class A Common Stock issued and outstanding as of November 30, 2022 as reported in the Issuer’s Registration Statement on
Form S-1 filed with the SEC on November 30, 2022, plus 16,325,000 Class A Common Stock issuable upon the exercise of the Warrants, which have been added to the total Class A
Common Stock outstanding in accordance with Rule 13d-3(d)(1)(i) under the Act. |
| CUSIP No. 553745100 | 13G | Page 3 of 10 Pages |
| 1 | NAMES OF REPORTING PERSONS | | | ||
| Nomura Securities International, Inc. | | | |||
| | | ||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | ||||
| (a)☐ | |||||
| (b)☐ | | | |||
| 3 | SEC USE ONLY | | | ||
| | | | |||
| | | ||||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
| New York | | | |||
| | | ||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
| 0 | | | |||
| | | ||||
| 6 | SHARED VOTING POWER | | | ||
| 16,514,999 | | | |||
| | | ||||
| 7 | SOLE DISPOSITIVE POWER | | | ||
| 0 | | | |||
| | | ||||
| 8 | SHARED DISPOSITIVE POWER | | | ||
| 16,514,999 | | | |||
| | | ||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
| 16,514,999 | | | |||
| | | ||||
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) | | | ||
| ☐ Not applicable | | | |||
| | | ||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
| 18.3% (3) | | | |||
| | | ||||
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) | | | ||
| BD | | | |||
| | | ||||
| (3) | Consists of (i) 189,999 shares of Class A Common Stock and (ii) 16,325,000 shares of Class A Common Stock the Reporting Person has the right to acquire upon the exercise of the Warrants. |
| (4) | The percent of class is calculated based on 74,385,907 shares of Class A Common Stock issued and outstanding as of November 30, 2022 as reported in the Issuer’s Registration Statement on
Form S-1 filed with the SEC on November 30, 2022, plus 16,325,000 Class A Common Stock issuable upon the exercise of the Warrants, which have been added to the total Class A
Common Stock outstanding in accordance with Rule 13d-3(d)(1)(i) under the Act. |
| CUSIP No. 553745100 | 13G | Page 4 of 10 Pages |
| Item 1. | (a) | Name of Issuer: MSP Recovery, Inc. |
| (b) | Address of Issuer's Principal Executive Offices: 2701 Le Jeune Road, Floor 10 Coral Gables, Florida 33134 | |
| Item 2. | (a) | Name of Person(s) Filing: Nomura Holdings, Inc. Nomura Securities International, Inc. |
| (b) | Address of Principal Business Office or, if none, Residence: Nomura Holdings, Inc. 13-1, Nihonbashi 1-chome, Chuo-ku, Tokyo 103-8645, Japan Nomura Securities International, Inc. Worldwide Plaza 309 West 49th Street New York, NY 10019 | |
| (c) | Citizenship: Nomura Holdings, Inc. Japan Nomura Securities International, Inc. New York | |
| (d) | Title of Class of Securities: Class A Common Stock, par value $0.0001 per share | |
| (e) | CUSIP Number: 553745100 | |
| Item 3. | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
| (a) | ☒ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). | |
| (b) | ☐ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). | |
| (c) | ☐ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). | |
| (d) | ☐ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). | |
| (e) | ☐ | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); | |
| (f) | ☐ | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); | |
| (g) | ☒ | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); | |
| (h) | ☐ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
| (i) | ☐ | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |
| (j) | ☐ | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J); | |
| (k) | ☐ | Group, in accordance with § 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of
institution: ___________________ |
| CUSIP No. 553745100 | 13G | Page 5 of 10 Pages |
| Item 4. | Ownership. |
Items 5-11 of the cover page are incorporated by reference
| Item 5. | Ownership of Five Percent or Less of a Class. |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the following ☐.
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
Not applicable
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent
Holding Company or Control Person. |
See Exhibit B
| Item 8. | Identification and Classification of Members of the Group. |
Not applicable
| Item 9. | Notice of Dissolution of Group. |
Not applicable
| CUSIP No. 553745100 | 13G | Page 6 of 10 Pages |
| Item 10. | Certification. |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the
ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
| CUSIP No. 553745100 | 13G | Page 7 of 10 Pages |
SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certify that the
information set forth in this statement is true, complete and correct.
EXECUTED as a sealed instrument this 14th day of February, 2023.
| Nomura Holdings, Inc. | ||
| /s/ Samir Patel | ||
| Name: Samir Patel | ||
| Title: Managing Director | ||
| Nomura Securities International, Inc. | ||
| /s/ Fernando Del Puerto | ||
| Name: Fernando Del Puerto | ||
| Title: Managing Director | ||
| CUSIP No. 553745100 | 13G | Page 8 of 10 Pages |
Index to Exhibits
| Exhibit | Exhibit |
| A | Joint Filing Agreement |
| B | Subsidiaries |
| CUSIP No. 553745100 | 13G | Page 9 of 10 Pages |
EXHIBIT A
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, the persons or entities named below agree to the joint filing on behalf of each of them of
this Schedule 13G with respect to the Securities of the Issuer and further agree that this Joint Filing Agreement be included as an exhibit to this Schedule 13G. In evidence thereof, the undersigned hereby execute this Joint Filing Agreement as of
February 14, 2023.
| Nomura Holdings, Inc. | |
| /s/ Samir Patel | |
| Name: Samir Patel | |
| Title: Managing Director | |
| Nomura Securities International, Inc. | |
| /s/ Fernando Del Puerto | |
| Name: Fernando Del Puerto | |
| Title: Managing Director |
| CUSIP No. 553745100 | 13G | Page 10 of 10 Pages |
EXHIBIT B
SUBSIDIARIES
Nomura Securities International, Inc. is a wholly owned subsidiary of Nomura Holdings, Inc.