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Altisource Asset Management ( NYSE: AAMC ) has acquired 286,873 shares of its common stock from Putnam Focused Equity Fund at $10/share. "This is a unique opportunity for the company to purchase its common stock below its trading price, which we believe provides excellent ...
CHRISTIANSTED, U.S. Virgin Islands, July 22, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (NYSE: AAMC) announced today that it purchased 286,873 shares of its common stock from Putnam Focused Equity Fund, a series of Putnam Funds Trust, at $10 per share. "This is a...
Altisource Asset Management ( NYSE: AAMC ) said Wednesday it appointed Jason Kopcak as CEO and as a member of its board. Kopcak most recently served as president and COO since May. Kopcak replaces Thomas McCarthy, whose term as interim CEO expired on May 31. AA...
CHRISTIANSTED, U.S. Virgin Islands, July 06, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced that the Board of Directors (the “Board”) has appointed Jason Kopcak as the...
This is nearly a pure-play alternative lending business that may also pursue a limited opportunity in Crypto ATMs with Forum Pay. Allegations of insider trading and breach of fiduciary duty seem to provide Luxor with a solid incentive to settle the legal dispute with Altisource. E...
Altisource Asset Management (NYSE:AAMC) on Friday said it got a letter from the NYSE that the alternative lending company was not in compliance with certain listing rules. AAMC said it had until June 30 to submit to the NYSE a plan that would bring the company into compliance within 18 months...
CHRISTIANSTED, U.S. Virgin Islands, June 03, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced that it received a deficiency letter (the “Letter”) from the NYSE American ...
Altisource Asset Management (NYSE:AAMC) stated Friday that the tenure of interim chief executive officer has come to its expiry, effective May 31, 2022. Last month, the company announced the hiring of Jason Kopcak as its president and chief operating officer, effective May 2022. Kop...
CHRISTIANSTED, U.S. Virgin Islands, May 19, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today affirmed that Thomas K. McCarthy's term as Interim Chief Executive Officer expires on May 31, 2022 i...
CHRISTIANSTED, U.S. Virgin Islands, April 27, 2022 (GLOBE NEWSWIRE) -- Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today announced that Ricardo C. Byrd and John P. de Jongh, Jr., directors of the Company, and Stephen R....
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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...