VIA EMAIL Yorkville Advisors Global
Exhibit 10.1

April 10, 2025
VIA EMAIL
Yorkville Advisors Global
▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
Mountainside, New Jersey 07092
Attention: ▇▇▇▇▇ ▇▇▇▇, Esq.
Re: MSP Recovery, Inc. Maturity Date and Monthly Payment Extension
Dear Mr. Fine:
Reference is made to that certain Standby Equity Purchase Agreement dated November 14, 2023, as amended (the “SEPA”), by and between YA II PN, Ltd. (“Yorkville”) and MSP Recovery, Inc. (“MSP”), and those three certain Exchangeable Promissory Notes issued pursuant thereto.
Pursuant to discussions with ▇▇. ▇▇▇▇▇▇▇, this letter serves to memorialize Yorkville’s agreement that: (i) the Maturity Date, as defined in Section (1)(a) of the Exchangeable Promissory Notes, be extended to November 30, 2026; (ii) that the Monthly Payment, as defined in Section (1)(c) of the Exchangeable Promissory Notes, would be due from MSP no sooner than November 30, 2026; and (iii) in the event MSP provides Yorkville an Advance Notice (as defined in the SEPA), ▇▇▇▇▇▇▇▇▇ agrees to waive the Advance Limitation set forth in Section 3.03(a) of the SEPA (the Volume Threshold) and the Maximum Advance Amount limitation in Section 3.01 of the SEPA.
Thank you for your flexibility. Please feel free to contact me if you have any questions.
Sincerely,
______________________
Name: ▇▇▇▇ ▇. ▇▇▇▇
Title: Chief Executive Officer
Acknowledged and agreed:
YA II PN, Ltd.
By: Yorkville Advisors Global, LP
Its: Investment Manager
By: Yorkville Advisors Global II, LLC
Its: General Partner
By: ______________________
Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇
Title: Member
