Altisource Portfolio Solutions (ASPS) Prices 4.86M Share Offering at $3.60/sh

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Altisource Announces Pricing of $17.5 Million Public Offering of Common Stock

September 8, 2023 6:59 AM EDT

LUXEMBOURG, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Altisource Portfolio Solutions S.A. (Altisource or the Company) (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced the pricing of an underwritten public offering of 4,861,111 shares of its common stock at a price to the public of $3.60 per share. The gross proceeds of the offering to Altisource are expected to be approximately $17.5 million, before deducting the underwriting discounts and commissions and other estimated offering expenses. In addition, the Company granted the underwriters a thirty-day option to purchase up to an... More