Altisource shareholders approve 1-for-8 reverse stock split, effective May 28, 2025

ALTISOURCE PORTFOLIO SOLUTIONS S.A.

Shareholders approved 1-for-8 reverse stock split at Extraordinary Meeting; outstanding shares to drop from ~88.95M to ~11.12M.
No fractional shares issued; holders with non-multiple-of-8 positions will receive cash at May 27 closing price.
Reverse split is intended to help regain Nasdaq $1.00 minimum bid price compliance.
All seven Annual Meeting proposals passed, including director elections, auditor appointment, and say-on-pay.

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