AMENDED: Altisource Asset Management Corporation Announces an Update to Its Business Model
24 Agosto 2022 - 9:34PM
In a release issued under the same headline earlier today
by Altisource Asset Management Corporation (NYSE American:
AAMC), please note that the hyperlink for the Business Model Update
in the first paragraph was incorrect. The corrected release
follows:
Altisource Asset Management Corporation (“AAMC”
or the “Company”) (NYSE American: AAMC) announced today that it has
updated its business model. The Business Model Update is available
at https://ir.altisourceamc.com/events-presentations.
About AAMC
AAMC is an alternative lending company that
provides liquidity and capital to under-served markets. We also
continue to assess opportunities that could potentially be of
long-term benefit to shareholders such as Crypto-ATMs.
Additional information is available at
www.altisourceamc.com.
Forward-looking Statements
This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, regarding management’s beliefs, estimates,
projections, anticipations, and assumptions with respect to, among
other things, the Company’s financial results, margins, employee
costs, future operations, business plans, including its ability to
sell loans, and investment strategies as well as industry and
market conditions. These statements may be identified by words such
as “anticipate,” “intend,” “expect,” “may,” “could,” “should,”
“would,” “plan,” “estimate,” “target,” “seek,” “believe,” and other
expressions or words of similar meaning. We caution that
forward-looking statements are qualified by the existence of
certain risks and uncertainties that could cause actual results and
events to differ materially from what is contemplated by the
forward-looking statements. Factors that could cause our actual
results to differ materially from these forward-looking statements
may include, without limitation: our ability to develop our
businesses and to make them successful or sustain the performance
of any such businesses; our ability to purchase, originate, and
sell loans; market and industry conditions, particularly with
respect to industry margins for loan products we may purchase,
originate, or sell; our ability to hire employees and the cost of
hiring such employees; and other risks and uncertainties detailed
in the “Risk Factors” and other sections described from time to
time in the Company’s current and future filings with the
Securities and Exchange Commission. The foregoing list of factors
should not be construed as exhaustive.
The statements made in this press release are
current as of the date of this press release only. The Company
undertakes no obligation to publicly update or revise any
forward-looking statements or any other information contained
herein, whether as a result of new information, future events, or
otherwise.
FOR FURTHER INFORMATION CONTACT:
Investor Relations
T: +1-704-275-9113
E: IR@AltisourceAMC.com
Altisource Asset Managem... (AMEX:AAMC)
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