Altisource Asset Management To Voluntarily Delist And Deregister Its Common Stock
Portfolio Pulse from Benzinga Newsdesk
Altisource Asset Management Corporation (AAMC) announced its plan to voluntarily delist from the NYSE American and deregister its common stock, ceasing its reporting obligations under the Securities Exchange Act.
August 26, 2024 | 8:19 pm
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Altisource Asset Management Corporation plans to voluntarily delist from the NYSE American and deregister its common stock, which may lead to decreased liquidity and visibility for the stock.
The decision to delist and deregister will likely reduce the stock's liquidity and visibility, potentially leading to a negative short-term impact on its price. Investors may react negatively due to the reduced transparency and accessibility.
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