secwatch.observer — SEC 8-K summary
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Issuer:     ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK:        0001462418
Form:       8-K
Filed at:   2023-09-12T23:59:59+00:00
Accession:  0001462418-23-000064
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462418/000146241823000064/0001462418-23-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462418/000146241823000064/asps-20230912.htm
  HTML page:      https://secwatch.observer/filing/0001462418-23-000064

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