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Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE: AAMC) announced that it has issued preferred stock to both Jason Kopcak, Chief Executive Officer of the Company, and Stephen R. Krallman, Chief Financial Officer of the Company. “The Co...
Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE: AAMC) announced that the arbitrator awarded the Company more than $1.6 million in the arbitration brought against the Company by Indroneel Chatterjee, the Company’s former Chief Executive O...
CHRISTIANSTED, U.S. Virgin Islands, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (NYSE: AAMC) announced today that it has entered into an agreement for a $50 million line of credit with NexBank. “We are excited to partner with NexBank as we continue to ex...
Altisource Asset Management Corporation (AAMC) Q3 2022 Earnings Conference Call November 02, 2022 09:30 AM ET Company Participants Kevin Sullivan - General Counsel Jason Kopcak - Chief Executive Officer Stephen Krallman - Chief Financial Officer Conference ...
The following slide deck was published by Altisource Asset Management Corporation in conjunction with their 2022 Q3 earnings call. For further details see: Altisource Asset Management Corporation 2022 Q3 - Results - Earnings Call Presentation
Altisource Asset Management press release ( NYSE: AAMC ): Q3 GAAP EPS of -$2.24. Revenue of $1.91M. The company has acquired and originated more than $79.1M in loan commitments and has earned $1.9M from loan interest and fee income during the third quarter of 2022. ...
CHRISTIANSTED, U.S. Virgin Islands, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced financial and operating results for the third quarter of 2022. Third Quarter ...
CHRISTIANSTED, U.S. Virgin Islands, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today filed a complaint in the Superior Court of the U.S. Virgin Islands, Division of St. Croix, against ...
CHRISTIANSTED, U.S. Virgin Islands, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (NYSE: AAMC) announced today that it has recognized approximately $1.1 million of total revenue in the first two months of the third quarter 2022. This is more than double the tota...
Altisource Asset Management ( NYSE: AAMC ) is in discussions with multiple investors for initial sales of its current portfolio, reflecting its capital-lite business model, the company said in an update Thursday. Shares of AAMC slid 2.6% in morning trading. In an e...
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On May 31, 2024, Altisource Asset Management Corporation (the “Company”) received a notification letter (the “Notice”) from the NYSE American LLC (the “NYSE American”) advising that the Company is not in compliance with the NYSE American continued listing...
Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) posts the following letter to shareholders: Dear Fellow Shareholders: From my perspective, one of the most important assets of AAMC is our interest in the EV Alpha Control S...
Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) posts the attached progress report for May 2024 concerning Project Alpha, Phase II, presented by Seabird Technologies Limited in connection with that certain Non-Exclusive Patent an...