Altisource Announces Proposed Distribution of Warrants to Purchase Common Stock and Sets February 14, 2025 as the Record Date For Proposed Distribution

Core Viewpoint - Altisource Portfolio Solutions S.A. announced a proposed issuance of transferable Warrants to its stakeholders, contingent upon shareholder approval and completion of related transactions [1][2]. Summary by Relevant Sections Warrant Distribution - The Warrant Distribution will occur within 60 days after the Distribution Record Date of February 14, 2025, with a potential Distribution Date by April 15, 2025 [2]. - The distribution is subject to shareholder approval of proposals outlined in the Proxy Statement filed with the SEC [1][2]. Terms of the Warrants - Stakeholders will receive two types of Warrants: Cash Exercise Stakeholder Warrants and Net Settle Stakeholder Warrants, each entitling the holder to purchase 1.625 shares of Common Stock at an initial exercise price of $1.95 per Warrant [3][6]. - The Company will not issue fractional shares; any fractional entitlement will be rounded down to the nearest whole number [3]. Listing and Agreement - The Company intends to apply for listing the Warrants on the Nasdaq Global Select Market, although approval is not guaranteed [4]. - The issuance of the Warrants will be governed by a Warrant Agent Agreement with Equiniti Trust Company, LLC [5]. Additional Information - Altisource is an integrated service provider for the real estate and mortgage industries, offering innovative services and technologies [8]. - Shareholders are encouraged to review the Proxy Statement and related documents for important information regarding the proposed transactions [9].