---
schema_version: "secwatch.filing_event.v1"
accession: "0001462418-23-000010"
form_type: "8-K"
ticker: "ASPS"
cik: "0001462418"
company_name: "ALTISOURCE PORTFOLIO SOLUTIONS S.A."
filed_at: "2023-02-10T23:59:59+00:00"
generated_at: "2026-06-19T17:53:30.443033+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Altisource prices $20M public stock offering at $5.00/share, net proceeds ~$18.2M

## Summary
- 4,000,000 shares at $5.00/share; gross proceeds $20M, net ~$18.2M after underwriting discounts and expenses.
- Underwriters granted a 30-day option to purchase up to an additional 600,000 shares at the same price.
- Net proceeds intended for repayment of certain indebtedness and working capital; potentially all for debt repayment.
- Offering expected to close on or about February 14, 2023; lock-up agreements for directors and officers until May 11, 2023.
- Guggenheim Securities, LLC acting as sole book-running manager for the offering.

## SEC filing metadata
- accession: 0001462418-23-000010
- form_type: 8-K
- ticker: ASPS
- cik: 0001462418
- company_name: ALTISOURCE PORTFOLIO SOLUTIONS S.A.
- filed_at: 2023-02-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462418/000146241823000010/0001462418-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462418/000146241823000010/asps-20230210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462418-23-000010
- JSON: https://secwatch.observer/filing/0001462418-23-000010.json
- Plain text: https://secwatch.observer/filing/0001462418-23-000010.txt

## Key facts
- Material Agreements
  ALTISOURCE PORTFOLIO SOLUTIONS S.A. entered into Underwriting Agreement with Guggenheim Securities, LLC (effective 2023-02-10).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Guggenheim Securities, LLC
  - Effective: 2023-02-10
  source text: On February 10, 2023, Altisource Portfolio Solutions S.A. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Guggenheim Securities, LLC (the “Representative”), as sole book-running manager and representatives of the underwriters named therein (the “Underwriters”), relating to an underwritten public offering (the “Offering”) of 4,000,000 shares of the Company’s common stock (“Common Stock”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462418/000146241823000010/0001462418-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.