XELAW News and Press, Exela Technologies Inc. Warrant From 05/10/22

Revenue of $279.4 million, a decline of 6.9% from Q1 2021 Loss per Share of $0.17 in the first quarter of 2022 Net loss of $57 million in the first quarter of 2022 $78 million of TCV ( 1) won, a 131% increase compared to Q1 2021 Small-and-Medium-Sized Business (&#x...

IRVING, Texas, May 09, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), a global business process automation leader, today announced that it has executed a three-year financing commitment from PNC Bank to replace its existing  s...

IRVING, Texas, May 06, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ:XELA), a global business process automation (“BPA”) leader across numerous industries, will host a conference call with the financial communi...

Exela announces intention to provide listed Series B Preferred Stock (Nasdaq: XELAP) voting rights by distributing new Tandem Preferred Stock Shareholders can now exchange blocks of 20 shares of Common Stock into one share of the existing, tradable Series B Preferred Stock (Nasdaq...

FRANKFURT, Germany, April 28, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) has signed a multi-year license deal with Finanz Informatik (“FI”), the IT service provider of the Savings Banks Finance Group, a financial institution with a...

Shareholders can exchange blocks of 20 shares of common stock into a $25 liquidation preference, 6% cumulative dividend, voting, convertible preferred stock $25 liquidation preference represents a 257% premium to the closing share price of $0.35 on April 15, 2022 on a per share of com...

IRVING, Texas, April 13, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) today announced a new customer and contract worth $6.8 million over the next three years. Exela’s Exchange for Bills and Payments (“XBP”), the largest...

LONDON, April 12, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA), a global business process automation leader, today announced Exela has expanded its 30-year relationship with a tier one global bank by adding mobile pa...

Special meeting of stockholders scheduled for May 3, 2022 canceled IRVING, Texas, April 11, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (NASDAQ: XELA) today announced that it will not proceed with the vote scheduled for May 3, 2022 seeking approval to effect a reverse stock sp...

IRVING, Texas, April 07, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA) today announced a contract award worth a total of $13.2 million over the next four years. Exela’s Exchange for Bills and Payments (“XBP”) is the large...