XELAP News and Press, Exela Technologies Inc. 6.00% Series B Cumulative Convertible Perpetual Preferred Stock From 11/01/22

IRVING, Texas, Nov. 01, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “the Company”) (NASDAQ: XELA, XELAP), a global business process automation (BPA) leader, announced today that it has expanded a contract with a major consulting firm to impl...

IRVING, Texas, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), a leading provider of Business Process Automation solutions, today announced that it has been recognized as a ‘Leader’ in the first edition of Everest Group...

Transaction values the European business at an enterprise value of $220 million Transaction is expected to close in the first half of 2023 Exela Technologies, Inc. will indirectly own a majority of the new public company, named XBP Europe Holdings, Inc. IRVING,...

Exela will provide technology and operation solutions in total contract value of ~$8 million Exela’s PCH Global Cloud Platform continues to connect members in multiple healthcare organizations, health insurers and US government programs IRVING, Texas, Sept. 28, 2022 (GLOB...

FRANKFURT, Germany, Sept. 20, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), today announced a contract with a leader in communications across Europe. Exela will utilize its communication services platform to meet the growing custo...

Enablement allows ClearBank connectivity to Pay.UK’s ICS IRVING, Texas, Sept. 08, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP) today announced a new customer, ClearBank, an enabler of secure accounts, real-time clearing and e...

IRVING, Texas, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a business process automation (“BPA”) leader, announced today that one of its subsidiaries entered into an exclusive non...

Summary Exela Technologies is mostly a low-margined, labor-intensive, highly-leveraged business outsourcing company. It needs to quadruple its share count to meet its short-term obligations, not to mention a $1 billion long-term debt maturing next year. Management is exaggerat...

IRVING, Texas, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), today announced a new framework contract with a public IT and communications service provider for several German federal states and tax administrations. The 3-y...

IRVING, Texas, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a business process automation (“BPA”) leader, announced today a share buyback program of up to 10 Million shares of Common St...