secwatch.observer — SEC 8-K summary
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Issuer:     ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK:        0001462418
Form:       8-K
Filed at:   2024-12-23T23:59:59+00:00
Accession:  0001462418-24-000057
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Altisource receives Nasdaq deficiency notices for bid price and market value of public float
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462418/000146241824000057/0001462418-24-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462418/000146241824000057/asps-20241223.htm
  HTML page:      https://secwatch.observer/filing/0001462418-24-000057

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