ALTISOURCE PORTFOLIO SOLUTIONS SA: Changes of certifying accountant, financial statements and supporting documents (form 8-K)

Item 4.01 Registrant Certifying Accountant Changes

On May 27, 2022, Mayer Hoffman McCannPC. (“MHM”), the independent accounting firm registered for Altisource Portfolio Solutions, SA (the “Company”) has notified the Company of its decision to resign from this position effective on the earlier of the following dates: (i) the date on which the Company engages a new registered independent public accounting firm or (ii ) the filing of the Company’s quarterly report on Form 10-Q for the fiscal quarter ending September 30, 2022. MHM said it is resigning because it intends to no longer provide audits of the client’s internal control over financial reporting (“ICFR”). As a public company whose turnover exceeds $100 millionthe Company is required to perform an audit of its ICFR.

MHM reports on the financial statements for the closed financial years December 31, 2021 and 2020 did not contain an adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty, the scope of the audit or the auditing principles.

In addition, during the Company’s fiscal years ended December 31, 2021 and 2020, and the following interim period until May 27, 2022there was (i) no disagreement with MHM on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved at MHM’s satisfaction, would have caused him to refer to the subject matter of the disagreements in connection with his report, and (ii) no reportable event, as defined in Section 304(a)(1)(v) of the SK regulation.

The Company is in the process of identifying another public accounting firm and will file a Form 8-K after selection.

MHM sent the Company a letter addressed to the Security and Exchange Commission indicating that he agrees with the statements contained above insofar as they relate to MHM. A copy of this letter is filed as an attachment hereto.

Item 9.01 Financial statements and supporting documents

The following document is filed herewith as an attachment:

(d) Exhibits

Exhibit No.                  Description
  16.1                         Letter From Mayer Hoffman McCann P.C. to the Securities and Exchange
                             Commission, dated     May     27    , 2022    .

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