XELAW News and Press, Exela Technologies Inc. Warrant From 06/21/22

$6 million in estimated annual interest savings IRVING, Texas, June 21, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation leader, today reported the closing ...

IRVING, Texas, June 14, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), today names Lakshmi Narayanan Chandramohan to President, Bills and Payments. In his role, Lakshmi will be responsible for financial institutions within Exela&#x...

IRVING, Texas, June 10, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), today announced that its Board of Directors has declared the payment of a dividend on the Company's outstanding 6.00% Series B Cumulative Perpetual Convertible ...

DUBLIN, Ireland, June 07, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), today announced a 5-year renewal with a leading Irish bank that began in 2013. The renewal augments an existing XBP relationship which is part of the ITPS seg...

IRVING, Texas, June 06, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP) today announced the next step in its multipart Capital Deployment Strategy (“Strategy”), previously announced on September 30,...

IRVING, Texas, June 03, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP) today announced new customer wins worth $18.3 million over the next three years. The new business is across two new logos and revenue will begin accruing in the third quar...

IRVING, Texas, May 26, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), today announced that Sriram “Sri” Ramanathan has joined Exela as Chief Technology officer, reporting to Executive Ch...

Participating shareholders should instruct their broker to tender their Common Stock well before the expiration time of 11:59 p.m. EST on May 16, 2022, to give their broker enough time to tender their Common Stock. Shares that were tendered prior to May 2, 2022, may nee...

VIENNA, Austria, May 11, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), today announced a 5-year contract with ÖBB, Austria’s National Railway Company, valued at a Total Contract Value of ~$2.5 million. The Bills and Pa...

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...