0001462418false00014624182023-09-122023-09-12


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 12, 2023
ALTISOURCE PORTFOLIO SOLUTIONS S.A.
(Exact name of Registrant as specified in its Charter)
Luxembourg001-3435498-0554932
(State or other jurisdiction of incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
33, Boulevard Prince Henri
L-1724 Luxembourg
Grand Duchy of Luxembourg
(Address of principal executive offices including zip code)
+352 2060 2055
(Registrant’s telephone number, including area code)
NOT APPLICABLE
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Title of each classTrading SymbolName of each exchange on which registered
Common Stock, $1.00 par value
ASPSNASDAQ Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 1.02 Termination of a Material Definitive Agreement.
As previously disclosed, on December 12, 2022, Altisource Portfolio Solutions S.A.’s (“Altisource” or the “Company”) entered into a Sales Agreement (the “Sales Agreement”) with Guggenheim Securities, LLC (“Guggenheim”), pursuant to which the Company may offer and sell shares of its common stock having an aggregate offering price of up to $25 million from time to time pursuant to an at-the-market offering through Guggenheim acting as the agent. The Company has made no sales of common stock pursuant to the Sales Agreement.
On September 12, 2023, the Company delivered notice to Guggenheim to terminate the Sales Agreement effective on September 17, 2023. The Company is not subject to any termination costs or penalties related to the termination of the Sales Agreement.
A copy of the Sales Agreement was filed as Exhibit 1.1 to the Company’s Registration Statement on Form S-3, filed with the Securities and Exchange Commission on December 12, 2023 (the “Form S-3”). The description of the Sales Agreement contained in this Current Report on Form 8-K does not purport to be complete and is qualified in its entirety by reference to the copy of the Sales Agreement filed as Exhibit 1.1 to the Form S-3.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.Description
104Cover Page Interactive Data File (embedded within the Inline XBRL document)




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: September 12, 2023
Altisource Portfolio Solutions S.A.
By:/s/ Michelle D. Esterman
Name:Michelle D. Esterman
Title:Chief Financial Officer

v3.23.2
Cover Page Document
Sep. 12, 2023
Cover [Abstract]  
Document Type 8-K
Document Period End Date Sep. 12, 2023
Entity Registrant Name ALTISOURCE PORTFOLIO SOLUTIONS S.A.
Entity Incorporation, State or Country Code N4
Entity File Number 001-34354
Entity Tax Identification Number 98-0554932
Entity Address, Address Line One 33, Boulevard Prince Henri
Entity Address, Postal Zip Code L-1724
Entity Address, City or Town Luxembourg
Entity Address, Country LU
City Area Code 352
Local Phone Number 2060 2055
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, $1.00 par value
Trading Symbol ASPS
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Entity Central Index Key 0001462418
Amendment Flag false

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