Altisource asset management corporation announces nyse acceptance of remediation plan to address deficiency letter notice

Christiansted, u.s. virgin islands, aug. 15, 2022 (globe newswire) -- altisource asset management corporation (“aamc” or the “company”) (nyse american: aamc) today announced that the nyse american llc (the “nyse”) has accepted the company's remediation plan (the “plan”) to regain compliance with rule 1003(a)(i).   as previously disclosed, the company will now have until november 30, 2023 to execute on our plan; during this time aamc will be required to provide quarterly status reports to the nyse on achieving the thresholds denoted in the plan in comparison to our operating actual results.
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