Altisource Asset Management Says The Parties Agree To Dismissals Of Their Litigation With Prejudice And Exchange Mutual Releases Of All Claims With No Admission By Any Party Of Liability, Violation Of Law Or Wrongdoing
Altisource Asset Management Says The Parties Agree To Dismissals Of Their Litigation With Prejudice And Exchange Mutual Releases Of All Claims With No Admission By Any Party Of Liability, Violation Of Law Or Wrongdoing
As a result of the settlement, which has the effect of increasing the Company's Stockholders' Equity to an amount exceeding $6,000,000, the New York Stock Exchange informed the Company that its November 30, 2023 notice of intent to delist the Company's common stock would be rescinded.
"We are pleased to announce AAMC's global resolution of these matters relating to Luxor," said William Erbey, Chairman and CEO of AAMC. "This represents a positive start to 2024 as we continue to focus and work hard on initiatives to enhance shareholder value going forward."
As a result of the settlement, which has the effect of increasing the Company's Stockholders' Equity to an amount exceeding $6,000,000, the New York Stock Exchange informed the Company that its November 30, 2023 notice of intent to delist the Company's common stock would be rescinded.
該和解實際上使公司的股東權益增加到超過6,000,000美元,因此,紐約證券交易所告知公司,其2023年11月30日的公司普通股退市意向通知將被撤銷。
"We are pleased to announce AAMC's global resolution of these matters relating to Luxor," said William Erbey, Chairman and CEO of AAMC. "This represents a positive start to 2024 as we continue to focus and work hard on initiatives to enhance shareholder value going forward."
AAMC董事長兼首席執行官威廉·埃爾貝表示:“我們很高興地宣佈AAMC在全球範圍內解決了與盧克索有關的這些問題。”“這代表着2024年的積極開端,因爲我們將繼續專注於未來提高股東價值的舉措。”
譯文內容由第三人軟體翻譯。
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