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Asta Funding Inc (ASFI.OQ)

ASFI.OQ on NASDAQ Stock Exchange Global Select Market

7.35USD
17 Jan 2018
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Latest Key Developments (Source: Significant Developments)

Asta Funding Says On Dec 13, Co Entered Into A Securities Purchase Agreement With CBC Holdings Llc
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Asta Funding Inc ::ASTA FUNDING INC SAYS ON DEC 13, CO ENTERED INTO A SECURITIES PURCHASE AGREEMENT WITH CBC HOLDINGS LLC - SEC FILING.ASTA FUNDING INC - UNDER PURCHASE AGREEMENT, CO SOLD ALL OF ISSUED AND OUTSTANDING EQUITY CAPITAL OF CO'S UNIT FOR PURCHASE PRICE OF ABOUT $10.5 MILLION.ASTA FUNDING INC - OF PURCHASE PRICE, ABOUT $4.49 MILLION WAS PAID IN CASH, AND $5.75 MILLION TO BE PAID UNDER A PROMISSORY NOTE AT ANNUAL INTEREST RATE OF 7%.  Full Article

Asta Funding Q1 revenue $10.5 million versus $11.8 million
Thursday, 9 Feb 2017 

Asta Funding Inc : Asta funding announces results for the first quarter ended december 31, 2016 . Q1 loss per share $0.06 .Q1 revenue $10.5 million versus $11.8 million.  Full Article

Asta Funding Q2 loss per share $0.15
Tuesday, 10 May 2016 

Asta Funding Inc : Qtrly total revenue $10.6 million versus $10.4 million . Asta funding, inc. Announces financial results for the second quarter and first six months of fiscal 2016 .Q2 loss per share $0.15.  Full Article

Asta Funding's board of directors rejects unsolicited tender offer
Friday, 1 Apr 2016 

Asta Funding:Unanimously determined to recommend that shareholders reject MPF Investco 4, LLC's, a direct, wholly-owned subsidiary of The Mangrove Partners Master Fund, Ltd. unsolicited tender offer to acquire up to 3 mln shares of common stock of Asta at price of $9.00 per share.Furthermore, the Company has announced its intention to commence an issuer tender offer for 3,000,000 shares of Asta common stock pursuant to a "Dutch Auction" format at a price range of $9.50 to $10.25 per share.Furthermore, in recognition that certain shareholders may desire to sell their shares, the Company's Board announced it will commence a self-tender offer.  Full Article

BRIEF-Asta Funding Inc Files For Non Timely 10-K

* ASTA FUNDING INC FILES FOR NON TIMELY 10-K - SEC FILING Source text (http://bit.ly/2lcEc5S) Further company coverage: