Altisource closes public offering of 5.59M shares at $3.60, netting ~$18.3M

ALTISOURCE PORTFOLIO SOLUTIONS S.A.

Closed underwritten public offering of 5,590,277 shares (incl. 729,166 from underwriters' option) at $3.60/share.
Net proceeds of approximately $18.3 million after underwriting discounts and commissions.
B. Riley Securities served as sole book-running manager for the offering.
Proceeds intended for general corporate purposes, including repayment of $10M credit agreement indebtedness.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.