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Asta Funding Inc (ASFI.OQ)

ASFI.OQ on NASDAQ Stock Exchange Global Select Market

3.70USD
22 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Asta Funding Announces $5.30 Per Share Special Cash Dividend
Monday, 5 Feb 2018 04:45pm EST 

Feb 5 (Reuters) - Asta Funding Inc ::ASTA FUNDING, INC. ANNOUNCES $5.30 PER SHARE SPECIAL CASH DIVIDEND.ASTA FUNDING INC - BOARD OF DIRECTORS HAS NO CURRENT PLANS TO IMPLEMENT A QUARTERLY DIVIDEND PROGRAM OR PAY ANY OTHER SPECIAL CASH DIVIDEND.  Full Article

Asta Funding Says On Dec 13, Co Entered Into A Securities Purchase Agreement With CBC Holdings Llc
Tuesday, 19 Dec 2017 04:23pm EST 

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 announces Q2 loss per share $0.57
Friday, 26 May 2017 08:00am EDT 

May 26 (Reuters) - Asta Funding Inc : :Asta Funding announces results for the second quarter ended march 31, 2017.Q2 loss per share $0.57.Asta Funding Inc - will file its amended quarterly report on form 10-Q/A in conjunction with company's March 31, 2017 form 10-Q on May 26.Asta Funding Inc qtrly total revenues $8.3 million versus $10.6 million.  Full Article

Asta Funding announces decision to restate Q1 2017
Monday, 15 May 2017 08:14pm EDT 

May 15 (Reuters) - Asta Funding Inc ::Asta Funding Inc announces decision to restate Q1 2017.Restating its previously issued unaudited consolidated financial statements as of and for quarter ended December 31, 2016.Audit committee of board concluded, that these financial statements and disclosures should no longer be relied upon.Company's filing of its form 10-Q for quarter ended March 31, 2017 will be delayed.  Full Article

Asta Funding signs assignment agreement
Thursday, 4 May 2017 04:56pm EDT 

May 4 (Reuters) - Asta Funding Inc :Asta Funding says on april 28, unit entered into assignment agreement by and among unit and an unrelated third party - sec filing.Asta Funding- agreement provided for sale to third party to ownership of certain payments, right to direct payment of future receivables payments for $7.7 million.Asta Funding Inc - co expects to incur a realized loss from sale in range of $5 million to $6 million.  Full Article

BRIEF-Asta Funding, Inc. Announces Receipt Of Nasdaq Non-Compliance Letter

* ASTA FUNDING, INC. ANNOUNCES RECEIPT OF NASDAQ NON-COMPLIANCE LETTER Source text for Eikon: Further company coverage: