Altisource Shares to Be Consolidated at a Ratio of 1-for-8

Core Viewpoint - Altisource Portfolio Solutions S.A. will implement a 1-for-8 reverse stock split to regain compliance with Nasdaq's minimum bid price requirement of $1.00 per share, effective May 28, 2025 [1][2][4] Group 1: Share Consolidation Details - The reverse stock split will reduce the number of issued and outstanding shares from approximately 88,951,925 to about 11,118,990 [4] - The consolidation will not change the authorized number of shares, and no fractional shares will be issued; instead, shareholders will receive cash for any fractional shares [3][4] - The new CUSIP number for the shares post-consolidation will be L0175J 138, and trading will continue under the symbol "ASPS" [2][4] Group 2: Approval and Process - The board of directors approved the share consolidation on March 16, 2025, and it was subsequently approved by shareholders on May 13, 2025 [4] - Equiniti Trust Company, LLC will act as the exchange agent for the share consolidation, providing instructions to shareholders regarding the exchange of stock certificates [5]