Altisource files to register previously issued shares for possible sale

On Friday, Altisource (ASPS) filed a prospectus related to the possible sale from time to time by the selling security holders of up to 7.22M shares. “Our registration of the Shares covered by this prospectus does not mean that the Selling Stockholders will offer or sell any of the Shares pursuant to this prospectus. The Selling Stockholders may sell the Shares covered by this prospectus in a number of different ways and at varying prices,” the filing stated. This note corrects a prior headline which stated Altisource filed to sell 7.22M shares for holders.