---
schema_version: "secwatch.filing_event.v1"
accession: "0001462418-23-000019"
form_type: "8-K"
ticker: "ASPS"
cik: "0001462418"
company_name: "ALTISOURCE PORTFOLIO SOLUTIONS S.A."
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T06:48:57.913547+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Altisource amends credit agreement, issues warrants, and makes $20M par paydown

## Summary
- Entered Amendment No. 2 to credit agreement; issued warrants to lenders for up to 3,223,851 shares at $0.01 exercise price.
- $20M par paydown from public offering proceeds reduces PIK interest from 5.0% to 4.5% and warrant shares to 2,578,743.
- Warrants exercisable from Feb 14, 2024 to May 22, 2027; subject to further reduction based on additional paydowns.
- Registration rights agreement requires filing registration statement by Feb 14, 2024.

## SEC filing metadata
- accession: 0001462418-23-000019
- form_type: 8-K
- ticker: ASPS
- cik: 0001462418
- company_name: ALTISOURCE PORTFOLIO SOLUTIONS S.A.
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462418/000146241823000019/0001462418-23-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462418/000146241823000019/asps-20230221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462418-23-000019
- JSON: https://secwatch.observer/filing/0001462418-23-000019.json
- Plain text: https://secwatch.observer/filing/0001462418-23-000019.txt

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