Altisource Portfolio Solutions S.A. Files Definitive Proxy Statement

TL;DR

Altisource (ASPS) filed its proxy statement for 2025 - shareholders vote soon.

AI Summary

Altisource Portfolio Solutions S.A. filed a definitive proxy statement (DEF 14A) on January 3, 2025, for the fiscal year ending February 18, 2025. The filing details information for shareholders regarding upcoming meetings and voting matters, as is standard for a proxy statement.

Why It Matters

This filing provides shareholders with crucial information needed to participate in corporate governance, including details on director elections and executive compensation, impacting their investment decisions.

Risk Assessment

Risk Level: low — This is a routine regulatory filing (DEF 14A) that provides information to shareholders and does not inherently introduce new financial risks.

Key Players & Entities

• ALTISOURCE PORTFOLIO SOLUTIONS S.A. (company) — Registrant
• 0001104659-25-000453.txt (document) — Filing document identifier
• 20250103 (date) — Filing date
• 20250218 (date) — Period of report

FAQ

Key Financial Figures

• $72.8 million — exchange for the contribution of up to $72.8 million 1 in principal amount of our existing d
• $232.8 million — g balance on our existing term loans of $232.8 million as of December 31, 2024. TABLE OF CON
• $1.00 — ue of the Company's common stock from US$1.00 per share to US$0.01 per share through
• $0.01 — ommon stock from US$1.00 per share to US$0.01 per share through a decrease of the sha
• $30,477,057.93 — ty-three cents United States Dollars (US$30,477,057.93) without cancellation of shares of the
• $30,784,907 — hundred seven United States Dollars (US$30,784,907) to an amount of three hundred and seve
• $307,849.07 — nd seven cents United States Dollars (US$307,849.07) represented by thirty million seven hu
• $2,500,000 — ndred thousand United States Dollars (US$2,500,000) divided into two hundred fifty million
• $ — ndicated, all references to "dollars," "$," "US$," "USD," or "U.S. dollars" are t

Filing Documents

• tm2431502-2_def14a.htm (DEF 14A) — 1671KB
• bc_compensation-4c.jpg (GRAPHIC) — 35KB
• bc_netincome-4c.jpg (GRAPHIC) — 26KB
• bc_tsr-4c.jpg (GRAPHIC) — 24KB
• fc_incentive-4c.jpg (GRAPHIC) — 49KB
• lg_altisource-4clr.jpg (GRAPHIC) — 11KB
• pg_altisourcepg01-4c.jpg (GRAPHIC) — 334KB
• pg_altisourcepg02-4c.jpg (GRAPHIC) — 361KB
• pg_altisourcepg03-4c.jpg (GRAPHIC) — 370KB
• pg_altisourcepg04-4c.jpg (GRAPHIC) — 487KB
• pg_altisourcepg05-4c.jpg (GRAPHIC) — 314KB
• pg_altisourcepg06-4c.jpg (GRAPHIC) — 161KB
• px_24altisourceproxy1pg01-bw.jpg (GRAPHIC) — 316KB
• px_24altisourceproxy1pg02-bw.jpg (GRAPHIC) — 248KB
• px_24altisourceproxy2pg01-bw.jpg (GRAPHIC) — 204KB
• px_24altisourceproxy2pg02-bw.jpg (GRAPHIC) — 247KB
• 0001104659-25-000453.txt ( ) — 5876KB

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 33 EQUITY COMPENSATION PLAN INFORMATION 35

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 36 BUSINESS RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 48 SHAREHOLDER PROPOSALS 50 ANNUAL REPORT 50 APPENDIX A—TRANSACTION SUPPORT AGREEMENT A-1 APPENDIX B—ADDITIONAL FINANCIAL INFORMATION B-1 APPENDIX C—PROPOSED AMENDED AND RESTATED ARTICLES OF INCORPORATION C-1 APPENDIX D—PROPOSED AMENDED AND RESTATED ALTISOURCE PORTFOLIO SOLUTIONS S.A. 2009 EQUITY INCENTIVE PLAN D-1 TABLE OF CONTENTS LEGAL MATTERS

Forward-Looking Statements

Forward-Looking Statements This proxy statement contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements include all statements that are not historical fact, including statements that relate to, among other things, future events or our future performance or financial condition, including without limitation, statements relating to the Company's entry into and the terms of the definitive documents relating to the transactions contemplated by the TSA (as defined in this proxy statement) described and consummating the Transactions, as well as the number of shares for which the Stakeholder Warrants (as defined in this proxy statement) may be exercisable. These statements may be identified by words such as "anticipate," "intend," "expect," "may," "could," "should," "would," "plan," "estimate," "seek," "believe," "potential" or "continue" or the negative of these terms and comparable terminology. Such statements are based on expectations as to the future and are not statements of historical fact. Furthermore, forward-looking statements are not guarantees of future performance and involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially. Important factors that could cause actual results to differ materially from those suggested by the forward-looking statements include, but are not limited to, the risks discussed in Item 1A of Part I "Risk Factors" in our Form 10-K for the year ended December 31, 2023 filed with the Securities and Exchange Commission, as the same may be updated from time to time in our Form 10-Q filings. We caution you not to place undue reliance on these forward-looking statements which reflect our view only as of the date of this report. We are under no obligation (and expressly disclaim any obligation) to update or alter any forward-looking statements contained herein to reflect any change in our expectations with regard thereto or change

View Full Filing

View this DEF 14A filing on SEC EDGAR