Altisource Asset Management Corporation (AAMC)
- Business Wire
Altisource Asset Management Corporation Posts Progress Reports on Project Alpha, Phase II, Through March 2024
CHRISTIANSTED, U.S. Virgin Islands, April 29, 2024--Altisource Asset Management Corporation ("AAMC" or the "Company") (NYSE American: AAMC) posts the attached progress reports for January, February and March 2024 concerning Project Alpha, Phase II, presented by Seabird Technologies Limited in connection with that certain Non-Exclusive Patent and Technology Licensing Agreement between the Company and System73 Limited, entered into on October 6, 2023 (the "PTLA").
- Business Wire
Altisource Asset Management Corporation Repurchases Preferred Shares in Global Settlement With Luxor Capital
CHRISTIANSTED, U.S. Virgin Islands, January 16, 2024--Altisource Asset Management Corporation ("AAMC" or the "Company") (NYSE American: AAMC) announces that it has settled litigation with Luxor Capital Group, LP and related entities (collectively "Luxor") in respect of the Company’s Series A Convertible Preferred Stock (the "Preferred Shares"), as well as separate litigation with former AAMC director Nathanel Redleaf.
- Business Wire
Altisource Asset Management Corporation Reports Key Ruling in Blackrock and PIMCO Litigation
CHRISTIANSTED, U.S. Virgin Islands, December 06, 2023--Altisource Asset Management Corporation ("AAMC" or the "Company") (NYSE American: AAMC) reports a key development in its litigation seeking damages from Blackrock and PIMCO pending in the Superior Court of the U.S. Virgin Islands. On December 4, 2023, the trial judge ruled that six of the seven named Defendants are subject to the court’s jurisdiction and that all of the Company’s statutory and tort claims against those defendants are permitt
