other material
confidence high
sentiment neutral
materiality 0.40
Altisource Portfolio Solutions warrants approved for Nasdaq listing; trading starts May 7
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
- Warrants distributed April 3, 2025 approved for listing on Nasdaq Global Select Market.
- Cash Exercise Warrants (ASPSZ) and Net Settle Warrants (ASPSW) to trade from May 7, 2025.
- Each warrant exercisable for 1.625 shares of common stock at $1.95 per warrant ($1.20/share).
- Exercise condition: VWAP >= $1.20 for 15 consecutive trading days, and after July 2, 2025.
- Cash Warrants expire April 2, 2029; Net Settle Warrants expire April 30, 2032.