Altisource terminates $25M ATM sales agreement with Guggenheim; no shares sold

ALTISOURCE PORTFOLIO SOLUTIONS S.A.

Terminated Sales Agreement with Guggenheim Securities effective Sept 17, 2023.
Agreement allowed up to $25M in common stock ATM offerings; no shares were ever sold.
No termination costs or penalties incurred.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ALTISOURCE PORTFOLIO SOLUTIONS S.A. terminated Sales Agreement with Guggenheim Securities, LLC valued at up to $25 million (effective 2023-09-17).

Action: termination
Agreement: atm program
Counterparty: Guggenheim Securities, LLC
Value: up to $25 million
Effective: 2023-09-17

Exact text from the filing

On September 12, 2023, the Company delivered notice to Guggenheim to terminate the Sales Agreement effective on September 17, 2023.

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ALTISOURCE PORTFOLIO SOLUTIONS S.A. filing history →

Source: SEC EDGAR

accession 0001462418-23-000068

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