ALTISOURCE RESIDENTIAL CORPORATION (NYSE:RESI) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal YearItem 5.03
On February7, 2018, Altisource Residential Corporation (the “Company”) filed Articles of Amendment with the Maryland State Department of Assessments and Taxation to amend the Company’s charter to effect a change in its name from “Altisource Residential Corporation” to “Front Yard Residential Corporation.” Such amendment will be effective at 12:01 a.m. Eastern Time on February21, 2018. A copy of the amendment is attached as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.
On February6, 2018, the Company also amended and restated the Bylaws to reflect the name change. The amended and restated Bylaws are effective at 12:01 a.m. Eastern Time on February21, 2018. A copy of the Company’s Amended and Restated Bylaws is attached as Exhibit 3.2 to this Current Report on Form 8-K and incorporated herein by reference.
Following the Company’s name change, the Company’s common stock will continue to trade on the New York Stock Exchange under its prior ticker symbol, “RESI.” The CUSIP number assigned to the Company’s common stock will be changed to 35904G107 upon the effectiveness of the name change.
On February9, 2018, the Company issued a press release announcing the name change, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
| Item 5.03 | Financial Statements and Exhibits. |
(d) Exhibits.
Altisource Residential Corp ExhibitEX-3.1 2 d539551dex31.htm EXHIBIT 3.1 Exhibit 3.1 Exhibit 3.1 ALTISOURCE RESIDENTIAL CORPORATION ARTICLES OF AMENDMENT Altisource Residential Corporation,…To view the full exhibit click here
About ALTISOURCE RESIDENTIAL CORPORATION (NYSE:RESI)
Altisource Residential Corporation is a real estate investment trust (REIT). The Company is focused on acquiring, owning and managing single-family rental properties throughout the United States. The Company operates through the segment focused on the resolution of sub-performing and non-performing mortgages, and acquisition and ownership of rental residential properties. It acquires its single-family rental properties primarily through the acquisition of sub-performing and non-performing loan portfolios. The Company conducts its activities through its subsidiary, Altisource Residential, L.P., and its subsidiaries. The Company has approximately 6,520 real estate owned (REO) properties, consisting of over 4,930 REO properties held for use and over 1,580 held for sale. Of approximately 4,930 REO properties held for use, over 2,120 properties are leased, over 260 are listed and ready for rent, and approximately 350 are in varying stages of renovation and unit turn status.