regulatory
confidence high
sentiment negative
materiality 0.80
Altisource receives Nasdaq deficiency notices for bid price and market value of public float
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
- Closing bid price below $1.00 for 30 consecutive days; must regain compliance by June 17, 2025.
- Market value of publicly held shares below $15 million; compliance period ends June 18, 2025.
- Company may transfer to Nasdaq Capital Market or effect reverse stock split to cure deficiencies.
- Notices have no immediate effect; common stock continues trading on Nasdaq Global Select Market.