Altisource announces 1-for-8 reverse stock split effective May 28, 2025 to regain Nasdaq compliance

ALTISOURCE PORTFOLIO SOLUTIONS S.A.

Reverse stock split at ratio 1-for-8 effective 12:01 a.m. CET on May 28, 2025.
Outstanding shares reduced from ~88,951,925 to ~11,118,990 after consolidation.
No fractional shares issued; cash in lieu paid based on May 27 closing price.
Shareholders approved at May 13 EGM; board approved on March 16, 2025.
Action intended to regain compliance with Nasdaq $1.00 minimum bid price requirement.

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