Altisource Announces Form S-3 Filing Related to Shares Previously Issued to Lenders
Altisource (NASDAQ: ASPS) filed a Form S-3 with the SEC on October 24, 2025 to register the resale of shares issued to its lenders under earlier debt-exchange agreements.
On February 19, 2025 Altisource exchanged senior secured term loans with an outstanding balance of $232.8 million for a $160.0 million new first‑lien loan facility and 7.3 million common shares (the “Debt Exchange Shares”), adjusted for a 1-for-8 share consolidation effective May 28, 2025. The Form S-3 includes a preliminary prospectus and is not yet effective.
Altisource (NASDAQ: ASPS) ha presentato una Form S-3 alla SEC il 24 ottobre 2025 per registrare la rivendita delle azioni emesse ai suoi creditori nell'ambito di accordi di scambio del debito precedenti.
Il 19 febbraio 2025 Altisource ha scambiato prestiti obbligazionari senior garantiti con un saldo residuo di $232,8 milioni per una nuova linea di prestito al primo ipotecario pari a $160,0 milioni e 7,3 milioni di azioni comuni (le “Debt Exchange Shares”), adeguate per una consolidazione azionaria 1-for-8 efficace dal 28 maggio 2025. Il Form S-3 include un prospetto preliminare e non è ancora efficace.
Altisource (NASDAQ: ASPS) presentó una Forma S-3 ante la SEC el 24 de octubre de 2025 para registrar la reventa de las acciones emitidas a sus prestamistas bajo acuerdos de canje de deuda anteriores.
El 19 de febrero de 2025 Altisource canjeó préstamos senior garantizados con un saldo pendiente de $232.8 millones por una nueva facilidad de préstamo de primera hipoteca de $160.0 millones y 7.3 millones de acciones comunes (las “Debt Exchange Shares”), ajustadas por una consolidación de acciones de 1 por 8 vigente desde el 28 de mayo de 2025. El Form S-3 incluye un prospecto preliminar y aún no está efectivo.
Altisource (NASDAQ: ASPS)는 2025년 10월 24일 SEC에 Form S-3를 제출하여 이전 채무 교환 계약으로 발행된 주식의 재매각을 등록했습니다.
2025년 2월 19일 Altisource는 남아 있는 잔액이 $232.8 million인 선순위 담보 기간대출을 $160.0 million의 신규 1순위 대출 시설과 7.3 million 주의 보통주로 교환했고(“Debt Exchange Shares”), 2025년 5월 28일 발효되는 1대8의 주식 합병으로 조정되었습니다. Form S-3에는 예비 설명서가 포함되어 있으며 아직 유효하지 않습니다.
Altisource (NASDAQ : ASPS) a déposé une Form S-3 auprès de la SEC le 24 octobre 2025 pour enregistrer la revente des actions émises à ses prêteurs dans le cadre d'accords d'échange de dette antérieurs.
Le 19 février 2025, Altisource a échangé des prêts à terme garantis seniors avec un solde impayé de $232,8 millions contre une nouvelle facilité de prêt prioritaire de $160,0 millions et 7,3 millions d'actions ordinaires (les « Debt Exchange Shares »), ajustés par une consolidation d'actions de 1 pour 8 effective le 28 mai 2025. Le Form S-3 comprend un prospectus préliminaire et n'est pas encore en vigueur.
Altisource (NASDAQ: ASPS) hat am 24. Oktober 2025 eine Form S-3 bei der SEC eingereicht, um den Weiterverkauf von Aktien, die im Rahmen früherer Schuldenwechselvereinbarungen an seine Gläubiger ausgegeben wurden, zu registrieren.
Am 19. Februar 2025 tauschte Altisource Senior Secured Term Loans mit einem ausstehenden Betrag von $232,8 Millionen gegen eine neue First-Lien-Darlehensfazilität in Höhe von $160,0 Millionen sowie 7,3 Millionen Stammaktien (die „Debt Exchange Shares“), angepasst durch eine 1-zu-8-Aktienzusammenlegung, die am 28. Mai 2025 wirksam wurde. Das Form S-3 enthält ein vorläufiges Prospekt und ist noch nicht wirksam.
Altisource (NASDAQ: ASPS) قد قدمت Form S-3 إلى لجنة الأوراق المالية والبورصات (SEC) في 24 أكتوبر 2025 لتسجيل إعادة بيع الأسهم الصادرة لمقرضيها بموجب اتفاقيات تبادل الدين السابقة.
في 19 فبراير 2025، قامت Altisource بتبادل قروض طويلة الأجل مضمونة بفائدة مع رصيد مستحق قدره $232.8 مليون مقابل تسهيل قرض أول رهن جديد بقيمة $160.0 مليون و 7.3 مليون من الأسهم العادية (الـ“Debt Exchange Shares”)، معدلة بموجب اندماج أسهم بنسبة 1 مقابل 8 فعال اعتباراً من 28 مايو 2025. يحتوي Form S-3 على نشرة عرض أولية وهو ليس ساري المفعول بعد.
Altisource (NASDAQ: ASPS) 于 2025 年 10 月 24 日向美国证券交易委员会（SEC）提交了 Form S-3，以注册以往债务置换协议向其放款人发行的股票的再出售。
在 2025 年 2 月 19 日，Altisource 将面临余额为 $232.8 百万美元 的高级有担保定期贷款换成了 $160.0 百万美元 的新一等留置权贷款额度以及 7.3 百万 股普通股（“Debt Exchange Shares”），并按 2025 年 5 月 28 日生效的一比八股权合并进行了调整。Form S-3 包含初步招股说明书，尚未生效。
- Reduced secured debt from $232.8M to $160.0M
- Registered resale could increase share liquidity for lenders
- 7.3M Debt Exchange Shares issued (post 1-for-8 consolidation)
- Registration enables potential resale, risking selling pressure on ASPS
LUXEMBOURG, Oct. 28, 2025 (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, filed a Form S-3 Registration Statement with the Securities and Exchange Commission on October 24, 2025 related to the registration of the resale of the shares previously issued to its lenders under the Securities Act of 1933, as amended (the “Form S-3”).
On February 19, 2025, Altisource entered into agreements with
1 The 7.3 million shares referenced herein have been adjusted for the 1-for-8 share consolidation, which became effective on May 28, 2025.
About Altisource
Altisource Portfolio Solutions S.A. is an integrated service provider and marketplace for the real estate and mortgage industries. Combining operational excellence with a suite of innovative services and technologies, Altisource helps solve the demands of the ever-changing markets we serve. Additional information is available at www.Altisource.com.
| FOR FURTHER INFORMATION CONTACT: |
| Michelle D. Esterman |
| Chief Financial Officer |
| T: (770) 612-7007 |
| E: Michelle.Esterman@altisource.com |
FAQ
What did Altisource (ASPS) file with the SEC on October 24, 2025?
How many shares did Altisource issue to lenders in the February 19, 2025 debt exchange?
What debt changes resulted from Altisource's February 19, 2025 agreements?
Is the Form S-3 filed by Altisource already effective?
What investor impact could the Altisource Form S-3 have on ASPS shares?
