{"schema_version":"secwatch.filing_event.v1","accession":"0001462418-25-000080","form_type":"8-K","ticker":"ASPS","cik":"0001462418","company_name":"ALTISOURCE PORTFOLIO SOLUTIONS S.A.","filed_at":"2025-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.369686+00:00","generated_at":"2026-05-21T14:41:07.007201+00:00","sec_items":["5.07","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Altisource shareholders approve 8:1 reverse stock split; effective May 28","bullets":["88,951,925 pre-split shares will consolidate into ~11.1M shares; ratio of 1 post-split for every 8 pre-split shares.","Fractional shares will be cashed out at May 27 closing price; holders must have multiples of 8 by market close May 27 to avoid cash-out.","Reverse split aims to regain Nasdaq $1.00 minimum bid price compliance; all annual meeting directors and auditors elected/appointed.","Share capital reduced from $889,519.25 to $111,189.90 via par value decrease; proceeds allocated to share premium account.","Articles amended to set 33⅓% quorum minimum for all general meetings per Nasdaq Rule 5620(c)."],"urls":{"canonical":"https://secwatch.observer/filing/0001462418-25-000080","json":"https://secwatch.observer/filing/0001462418-25-000080.json","markdown":"https://secwatch.observer/filing/0001462418-25-000080.md","text":"https://secwatch.observer/filing/0001462418-25-000080.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1462418/000146241825000080/0001462418-25-000080-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1462418/000146241825000080/asps-20250513.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T14:41:07.007201+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}