Altisource Announces Pricing of $20 Million Public Offering of Common Stock

LUXEMBOURG, Feb. 10, 2023 (GLOBE NEWSWIRE) — Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ:ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced the pricing of an underwritten public offering of 4,000,000 shares of its common stock at a price to the public of $5.00 per share. The gross proceeds of the offering to Altisource are expected to be approximately $20 million, before deducting the underwriting discounts and commissions and other estimated offering expenses. In addition, the Company granted the underwriters a thirty-day option to purchase up to an additional 600,000 shares of common stock at the public offering price, less underwriting discounts and commissions. All of the shares of common stock in the offering are being sold by Altisource.

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