secwatch / observer

ALTISOURCE PORTFOLIO SOLUTIONS S.A. — fact timeline

Source-grounded facts extracted from ALTISOURCE PORTFOLIO SOLUTIONS S.A.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

ASPS ALTISOURCE PORTFOLIO SOLUTIONS S.A. JSON
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Amendment and restatement of 2009 Equity Incentive Plan to increase share reserve by 800,000 shares and provide for automatic annual increases at the 2026-05-20 meeting.

“Proposal 8: An amendment and restatement of the Company’s 2009 Equity Incentive Plan to (i) increase the number of shares of common stock reserved for issuance under the 2009 Equity Incentive Plan by an additional 800,000 shares, and (ii) provide for automatic annual increases to the share reserve (subject to the discretion of the Board of Directors to decrease any such automatic increase) for a period of four years, subject to specified percentage and numerical limitations and any conditions on the ability of the Board of Directors to increase the issued share capital under the Company’s Amended and Restated Articles of Incorporation, was approved by the following vote: For Against Abstentions Broker Non-Votes 6,880,234 799,320 1,591 788,916”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Advisory vote on compensation of named executive officers (Say-on-Pay) at the 2026-05-20 meeting.

“Proposal 7: The compensation of the Company’s named executive officers as disclosed in the Company’s proxy statement (“Say-on-Pay”), was approved on a non-binding advisory basis by the following vote: For Against Abstentions Broker Non-Votes 7,604,928 72,026 4,191 788,916”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Discharge of Directors and supervisory auditor for performance of mandates for year ended December 31, 2025 at the 2026-05-20 meeting.

“Proposal 6: The discharge of each of the Directors of the Company for the performance of their mandates for the year ended December 31, 2025, and the supervisory auditor ( Commissaire aux Comptes ) for the performance of her mandate for the same period, was approved by the following vote: For Against Abstentions Broker Non-Votes 7,671,707 5,041 4,397 788,916”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Allocation of results in Luxembourg Annual Accounts for year ended December 31, 2025 at the 2026-05-20 meeting.

“Proposal 5: The allocation of the results in the Luxembourg Annual Accounts for the year ended December 31, 2025, was approved by the following vote: For Against Abstentions Broker Non-Votes 7,676,272 1,778 3,095 788,916”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Receipt and approval of Directors' report for Luxembourg Statutory Accounts and supervisory auditor report for year ended December 31, 2025 at the 2026-05-20 meeting.

“Proposal 4: The receipt and approval of the Directors’ report for the Luxembourg Statutory Accounts for the year ended December 31, 2025 and the receipt of the report of the supervisory auditor ( Commissaire aux Comptes ) for the Luxembourg Annual Accounts for the same period, were approved by the following vote: For Against Abstentions Broker Non-Votes 7,677,179 877 3,089 788,916”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Approval of Luxembourg Annual Accounts and consolidated financial statements for year ended December 31, 2025 at the 2026-05-20 meeting.

“Proposal 3: The Company’s Luxembourg Annual Accounts for the year ended December 31, 2025 and consolidated financial statements prepared in accordance with International Financial Reporting Standards (the “Consolidated Accounts” and, together with the Luxembourg Annual Accounts, the “Luxembourg Statutory Accounts”) as of and for the year ended December 31, 2025, were approved by the following vote: For Against Abstentions Broker Non-Votes 7,677,285 779 3,081 788,916”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Appointment of RSM US LLP and Atwell S.à r.l. as auditors for year ending December 31, 2026 at the 2026-05-20 meeting.

“Proposal 2: The appointment of RSM US LLP to be Company’s independent registered public accounting firm for the year ending December 31, 2026, until the Company’s 2027 annual meeting of shareholders, and the appointment of Atwell S.à r.l. to be Company’s certified auditor ( Réviseur d’Entreprises ) for the same period, was approved by the following vote: For Against Abstentions Broker Non-Votes 8,433,304 33,736 3,021 0”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Election of Directors at the 2026-05-20 meeting.

“Proposal 1: The election of the following Directors to serve on the Company’s Board of Directors until the next annual general meeting of shareholders, or until their respective successors have been elected and qualified, was approved by the following vote: Name For Against Abstentions Broker Non-Votes John G. Aldridge, Jr. 7,562,142 83,617 35,386 788,916 Mary C. Hickok 7,587,218 91,368 2,559 788,916 Wesley G. Iseley 7,672,845 5,790 2,510 788,916 Joseph L. Morettini 7,545,311 100,823 35,011 788,916 William B. Shepro 7,613,511 64,741 2,893 788,916 Matthew T. Winkler 7,637,129 41,507 2,509 788,916”
Earnings Releases

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported the quarter ended March 31, 2026 results: revenue Service revenue of $45.1 million, net income Net loss attributable to Altisource of $(0.6) million, EPS Diluted loss per share of $(0.06).

“said William B. Shepro, Chairman and Chief Executive Officer. First Quarter 2026 Highlights (2) Company, Corporate and Financial : • First quarter Service revenue of $45.1 million was $4.2 million, or 10%, higher than the same quarter of 2025 • First quarter Income before income taxes and non-controlling interests of $0.4 million was a $4.9 million”
Earnings Releases

ALTISOURCE PORTFOLIO SOLUTIONS S.A. updated its the quarter ended December 31, 2025 and full year 2025 guidance (reaffirmed).

“On March 4, 2026 , Altisource Portfolio Solutions S.A. (“Altisource”) issued a press release announcing its financial results for the quarter ended December 31, 2025 and full year 2025.”
Listing & Compliance Notices

ALTISOURCE PORTFOLIO SOLUTIONS S.A. received a nasdaq compliance regained notice regarding market value (rules 5450(b)(3)(C)).

“March 12, 2025, the Company received a notice from Nasdaq stating that since the Company’s MVPHS has been $15 million or greater for the ten-day period of February 19, 2025 to March 11, 2025, the Company has regained compliance with the MVPHS Rule and Nasdaq considers the matter closed. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: March 14, 2025 Altisource Portfolio Solutions S.A. By: /s/ Name: Michelle D. Esterman Title: Chief Financial Off”
Governance Changes

ALTISOURCE PORTFOLIO SOLUTIONS S.A.: Increased authorized shares from 100,000,000 to 250,000,000 and renewed board authority to issue shares (effective 2025-02-18).

“The second Amendment increased the number of shares the board of directors of Altisource (the “Board”) is authorized to issue from 100,000,000 to 250,000,000 and renewed the authority of the Board to issue shares by (i) amending Article 6 of the Prior Articles”
Governance Changes

ALTISOURCE PORTFOLIO SOLUTIONS S.A.: Cancelled nominal value of existing shares and decreased par value from US$1.00 to US$0.01 per share via share capital decrease (effective 2025-02-18).

“The first Amendment amended Article 5 of the Prior Articles to (i) cancel the nominal value of all existing shares of Altisource’s common stock (the “Common Stock”), and (ii) decrease the par value of the Common Stock from US$1.00 per share to US$0.01 per share through a decrease of the share capital of the Company by an amount of thirty million four hundred and seventy-seven thousand fifty-seven and ninety-three cents United States Dollars (US$30,477,057.93) without cancellation of shares of Common Stock”
Listing & Compliance Notices

ALTISOURCE PORTFOLIO SOLUTIONS S.A. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).

“December 19, 2024, Altisource Portfolio Solutions S.A. (the “Company”) received a letter (the “Bid Price Notice”) from The Nasdaq Stock Market (“Nasdaq”) notifying the Company that, because the closing bid price for its common stock has been below $1.00 per share for 30 consecutive business days, it no longer complies with the minimum bid price requirement for continued listing on The Nasdaq Global Select Market. Nasdaq Listing Rule 5450(a)(1) requires listed securities to maintain a minimum bid price of $1.00 per share (the “Minimum Bid Price Rule”), and Nasdaq Listing Rule 5810(c)(3)(A) prov”
Earnings Releases

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported first quarter 2024 results: revenue $39.5 million, net income Net loss attributable to Altisource of $(9.2) million, EPS Diluted loss per share (0.33).

“Revenue of $39.5 million was the same as the first quarter 2023”
Earnings Releases

ALTISOURCE PORTFOLIO SOLUTIONS S.A. updated its the quarter ended December 31, 2023 and full year 2023 guidance (reaffirmed).

“On March 7, 2024 , Altisource Portfolio Solutions S.A. (“Altisource”) issued a press release announcing its financial results for the quarter ended December 31, 2023 and full year 2023.”
Earnings Releases

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported the third quarter 2023 results: revenue $34.1 million, net income Net loss attributable to Altisource of $(11.3) million, EPS Diluted loss per share (0.51).

“Third Quarter 2023 Financial Results • Service revenue of $34.1 million • Loss before income taxes and non-controlling interests of $(10.9) million • Net loss attributable to Altisource of $(11.3) million • Adjusted EBITDA (2) of $0.9 million”
Material Agreements

ALTISOURCE PORTFOLIO SOLUTIONS S.A. terminated Sales Agreement with Guggenheim Securities, LLC valued at up to $25 million (effective 2023-09-17).

“On September 12, 2023, the Company delivered notice to Guggenheim to terminate the Sales Agreement effective on September 17, 2023.”
Material Agreements

ALTISOURCE PORTFOLIO SOLUTIONS S.A. entered into Underwriting Agreement with B. Riley Securities, Inc (effective 2023-09-07).

“On September 7, 2023 , Altisource Portfolio Solutions S.A. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with B. Riley Securities, Inc (the “Representative”), as sole book-running manager and representative of the underwriters named therein (the “Underwriters”), relating to an underwritten public offering (the “Offering”) of 4,861,111 shares of the Company’s common stock (“Common Stock”).”
Earnings Releases

ALTISOURCE PORTFOLIO SOLUTIONS S.A. updated its July 2023 guidance (initiated).

“On September 7, 2023, Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) issued a press release announcing certain preliminary unaudited financial results for July 2023, a status update on the July 2023 cost reduction plan, updated guidance for adjusted earnings before interest, tax, depreciation and amortization (“Adjusted EBITDA”) for the second half of 2023, and an updated Run-Rate scenario.”
Earnings Releases

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported the second quarter 2023 results: revenue $33.2 million, net income $(18.9) million. Guidance initiated.

“Second Quarter 2023 Financial Results • Service revenue of $33.2 million • Loss before income taxes and non-controlling interests of $(18.2) million • Net loss attributable to Altisource of $(18.9) million • Adjusted EBITDA (2) of $(3.5) million”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Advisory vote on frequency of future say-on-pay votes (1 year) at the 2023-05-16 meeting.

“Proposal 12: The frequency of one (1) year for future shareholder advisory votes on executive compensation (“Say-on-Frequency”) was approved on an advisory (non-binding) basis by the following vote: For Against Abstentions Broker Non-Votes 12,557,770 17,541 46,215 19,344”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2023-05-16 meeting.

“Proposal 11: The compensation of the Company’s named executive officers as disclosed in the Company’s proxy statement (“Say-on-Pay”) was approved on an advisory (non-binding) basis by the following vote: For Against Abstentions Broker Non-Votes 11,784,209 136,723 719,938 4,882,753”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Advisory acknowledgment of sale of treasury shares at the 2023-05-16 meeting.

“Proposal 10: The acknowledgment of the Company’s sale of 4,550,000 shares of common stock held as treasury shares on February 14, 2023 in a public offering of shares at a price of five dollars ($5.00) per share was approved on an advisory (non-binding) basis, by the following vote: For Against Abstentions Broker Non-Votes 12,395,590 240,665 4,615 4,882,753”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Renewal and amendment of share repurchase program authorizing repurchase of up to 15% of outstanding common stock at the 2023-05-16 meeting.

“Proposal 9: The renewal and amendment of our share repurchase program such that the Company is authorized, for a period of five years from the date of the Annual Meeting, to repurchase up to fifteen percent (15%) of the outstanding shares of its common stock (as of the close of business on the date of the Annual Meeting) at a minimum price of one dollar ($1.00) per share and a maximum price of twenty-five dollars ($25.00) per share, with the maximum price to be adjusted for any stock splits and reverse stock splits was approved by the following vote: For Against Abstentions Broker Non-Votes 12,596,382 41,322 3,166 4,882,753”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Discharge of Directors and supervisory auditor for 2022 at the 2023-05-16 meeting.

“Proposal 8: The discharge of each of the Directors of the Company for the performance of their mandates for the year ended December 31, 2022 and the supervisory auditor ( Commissaire aux Comptes ) for the performance of her mandate for the same period was approved by the following vote: For Against Abstentions Broker Non-Votes 12,520,613 109,304 10,953 4,882,753”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Allocation of results in Luxembourg Annual Accounts for 2022 at the 2023-05-16 meeting.

“Proposal 7: The allocation of the results in the Luxembourg Annual Accounts for the year ended December 31, 2022 was approved by the following vote: For Against Abstentions Broker Non-Votes 12,565,667 64,707 10,496 4,882,753”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Approval of Directors' report and supervisory auditor's report for 2022 at the 2023-05-16 meeting.

“Proposal 6: The receipt and approval of the Directors’ report for the Luxembourg Statutory Accounts for the year ended December 31, 2022 and the receipt of the report of the supervisory auditor ( Commissaire aux Comptes ) for the Luxembourg Annual Accounts for the same period were approved by the following vote: For Against Abstentions Broker Non-Votes 12,563,966 65,306 11,598 4,882,753”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Approval of Luxembourg Annual Accounts and Consolidated Accounts for 2022 at the 2023-05-16 meeting.

“Proposal 5: The Company’s Luxembourg Annual Accounts for the year ended December 31, 2022 and the Company’s consolidated financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”) (the “Consolidated Accounts” and, together with the Luxembourg Annual Accounts, the “Luxembourg Statutory Accounts”) as of and for the year ended December 31, 2022 were approved by the following vote: For Against Abstentions Broker Non-Votes 12,562,764 65,683 12,423 4,882,753”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Appointment of Michelle D. Esterman as supervisory auditor (Commissaire aux Comptes) at the 2023-05-16 meeting.

“Proposal 4: The appointment of Michelle D. Esterman, Chief Financial Officer of the Company, to be our supervisory auditor ( Commissaire aux Comptes ) to report on the Company’s unconsolidated annual accounts prepared in accordance with accounting principles generally accepted in Luxembourg (the “Luxembourg Annual Accounts”) for the year ending December 31, 2023 and until the Company’s 2029 annual meeting of shareholders, or until her successor is duly elected and qualified, was approved by the following vote: For Against Abstentions Broker Non-Votes 12,456,847 176,175 7,848 4,882,753”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Appointment of RSM US LLP for 2023 and Atwell S.à r.l. as certified auditor at the 2023-05-16 meeting.

“Proposal 3: The appointment of RSM US LLP to be our independent registered certified public accounting firm for the year ending December 31, 2023 and until the Company’s 2024 annual meeting of shareholders, and the appointment of Atwell S.à r.l. to be our certified auditor ( Réviseur d’Entreprises ) for the same period was approved by the following vote: For Against Abstentions Broker Non-Votes 17,410,924 88,479 24,220 n/a”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Ratification of RSM US LLP as independent registered certified public accounting firm for year ended December 31, 2022 at the 2023-05-16 meeting.

“Proposal 2: The Audit Committee’s appointment of RSM US LLP as our independent registered certified public accounting firm for the year ended December 31, 2022 was ratified and approved by the following vote: For Against Abstentions Broker Non-Votes 17,396,096 99,406 28,121 n/a”
Shareholder Votes

ALTISOURCE PORTFOLIO SOLUTIONS S.A. shareholders approved Election of Directors at the 2023-05-16 meeting.

“Proposal 1: The election of the following Directors to serve on the Company’s Board of Directors until the next annual meeting of shareholders, or until their respective successors have been elected and qualified, was approved by the following vote: Name For Against Abstentions Broker Non-Votes John G. Aldridge, Jr. 12,442,471 184,760 13,639 4,882,753 Mary C. Hickok 12,437,513 189,718 13,639 4,882,753 Joseph L. Morettini 12,201,533 425,698 13,639 4,882,753 Roland Müller-Ineichen 12,429,267 197,812 13,791 4,882,753 William B. Shepro 12,442,298 185,406 13,166 4,882,753”
Earnings Releases

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported first quarter 2023 results: revenue $37.1 million, net income Net loss attributable to Altisource of $(12.9) million.

“$14.4 million and $3.4 million, respectively, of annualized revenue on a stabilized basis • The weighted sales pipeline in the Servicer and Real Estate segment represents $37 million to $46 million in estimated annual revenue on a stabilized basis based upon our forecasted probability of closing • The weighted sales pipeline in the Origination segment”
Earnings Releases

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported full year 2022 results: revenue $144.5 million, net income $(53.4) million, EPS (3.32).

“to $25 million in estimated annual revenue on a stabilized basis based upon our forecasted probability of closing 2022 Financial Results Full Year 2022 • Service revenue of $144.5 million • Loss before income taxes and non-controlling interests of $(47.6) million • Net loss attributable to Altisource of $(53.4) million • Adjusted EBITDA (3) of $(16.6) million”
Earnings Releases

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported the quarter ended December 31, 2022 results: revenue $32.8 million, net income $(11.3) million, EPS (0.70).

“interests of $(47.6) million • Net loss attributable to Altisource of $(53.4) million • Adjusted EBITDA (3) of $(16.6) million Fourth Quarter 2022 • Service revenue of $32.8 million • Loss before income taxes and non-controlling interests of $(8.2) million • Net loss attributable to Altisource of $(11.3) million • Adjusted EBITDA (3) of $0.6 million Fourth”
Material Agreements

ALTISOURCE PORTFOLIO SOLUTIONS S.A. entered into Underwriting Agreement with Guggenheim Securities, LLC (effective 2023-02-10).

“On February 10, 2023, Altisource Portfolio Solutions S.A. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Guggenheim Securities, LLC (the “Representative”), as sole book-running manager and representatives of the underwriters named therein (the “Underwriters”), relating to an underwritten public offering (the “Offering”) of 4,000,000 shares of the Company’s common stock (“Common Stock”).”
Material Agreements

ALTISOURCE PORTFOLIO SOLUTIONS S.A. amended Second Amendment with Morgan Stanley Senior Funding, Inc. as administrative agent and collateral agent (effective 2023-02-09).

“On February 9, 2023, Altisource Portfolio Solutions S.A. (“Altisource”, and together with its subsidiaries, the “Company”) including its wholly-owned subsidiary Altisource S.a.r.l. (the “Borrower”) and its subsidiary guarantors, entered into an Amendment No. 2 (the “Second Amendment”) to its existing credit agreement dated as of April 3, 2018, among the Borrower, Altisource, the lenders from time to time party thereto, and Morgan Stanley Senior Funding, Inc. as administrative agent and collateral agent, as previously amended (the “Existing Credit Agreement”; the Existing Credit Agreement, as amended by the Second Amendment, the “Amended Credit Agreement”).”
Earnings Releases

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported preliminary financial results for the full year 2022.

“Luxembourg, February 3, 2023 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported preliminary financial results for the fourth quarter and full year 2022.”
Earnings Releases

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported preliminary financial results for the fourth quarter 2022.

“Luxembourg, February 3, 2023 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today reported preliminary financial results for the fourth quarter and full year 2022.”
Material Agreements

ALTISOURCE PORTFOLIO SOLUTIONS S.A. entered into Transaction Support Agreement with certain holders (the 'Applicable Term Loan Lenders') of term loans under its existing credit agreement.

“Altisource and certain of its subsidiaries, the Applicable Term Loan Lenders and lenders holding approximately 98% of the aggregate principal amount of the Existing Term Loans have entered into a transaction support agreement (together with all exhibits, annexes and schedules thereto, the “Transaction Support Agreement”), including a term sheet (the “Term Sheet”) setting forth the principal terms of, among other things, a proposed refinancing of the Company’s Existing Credit Agreement, subject to execution of definitive agreements and approval of lenders holding 99% in aggregate principal amount of the Existing Term Loans.”
Earnings Releases

ALTISOURCE PORTFOLIO SOLUTIONS S.A. reported third quarter 2022 results: revenue $36.3 million, net income $(14.4) million, or $(0.89) per diluted share, EPS $(0.89) per diluted share.

“are forecasted to be 55% lower for the three months ended September 30, 2022, compared to the same period in 2021 (4) Third Quarter 2022 Financial Results • Service revenue of $36.3 million • Gross profit of $4.0 million, representing 11% of service revenue • Loss before income taxes and non-controlling interests of $(14.5) million • Adjusted pre-tax loss”

Mary Hickok was appointed as Director at ALTISOURCE PORTFOLIO SOLUTIONS S.A..

“On March 1, 2022, Ms. Mary Hickok was appointed to the Board to fill Mr. Burg’s vacancy”

Scott E. Burg resigned as Director at ALTISOURCE PORTFOLIO SOLUTIONS S.A..

“On March 1, 2022, Scott E. Burg notified Altisource Portfolio Solutions S.A. (the “Registrant” and together with its subsidiaries, the “Company”) of his intent to resign from the Board of Directors of the Registrant (the “Board”) effective immediately for personal reasons.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.