secwatch.observer — SEC 8-K summary
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Issuer:     ALTISOURCE PORTFOLIO SOLUTIONS S.A. (ASPS)
CIK:        0001462418
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001462418-25-000078
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altisource Portfolio Solutions warrants approved for Nasdaq listing; trading starts May 7
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462418/000146241825000078/0001462418-25-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462418/000146241825000078/asps-20250506.htm
  HTML page:      https://secwatch.observer/filing/0001462418-25-000078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer