Investor FAQ


Investor FAQ

Show All
What does Exela do?

Exela Technologies, Inc. ("Exela"), formed through the strategic combination of SourceHOV and Novitex is a location-agnostic global business process automation ("BPA") leader across numerous industries, combining industry-specific and multi-industry enterprise software and solutions with decades of experience. Our BPA suite of solutions are deployed in banking, healthcare, insurance and other industries to support mission critical environments. Exela is a leader in work flow automation, attended and un-attended cognitive automation, digital mail rooms, print communications, and payment processing with deployments across the globe. Exela partners with customers to improve user experience and quality through operational efficiency. Exela serves over 4,000 customers worldwide, through a secure, cloud-enabled global delivery model.

When did Exela become a publicly traded company?

Exela became a public company on July 13, 2017.

What exchange does Exela trade on and what is the company’s ticker symbol?

Exela’s common stock is traded on the Nasdaq exchange under the ticker symbol “XELA.” Additionally, Exela has a Series B Preferred Stock that trades under “XELAP.”

Where are Exela’s headquarters?

Exela’s headquarter are located at 2701 E. Grauwyler Road Irving TX, USA

How long has Exela been in business and where is it incorporated?

Exela was formed in 2017 and is incorporated in Delaware.

Who is Exela’s transfer agent and how do I contact them?

Exela’s transfer agent is Continental Stock Transfer & Trust Company.

Continental Stock Transfer & Trust
1 State Street Plaza, 30th Floor
New York, New York 10004-1561
Tel: (212) 509 4000



Does Exela have a direct stock purchase or dividend reinvestment plan (DRIP)?

Exela currently does not have a direct stock purchase plan.

How can one purchase Exela’s common stock?

Exela common stock can be purchased on the open market through any registered broker.

Does Exela pay a dividend?

Exela’s common stock currently does not pay a dividend. Exela issued Series B Preferred Stock with dividends payable quarterly on XELAP when, as and if declared by the Board of Directors. 

How does the dividend policy work for owners of XELAP?
Holders of the Series B Preferred Stock are entitled to receive cumulative dividends at a rate per annum of 6% of the dollar amount of per share liquidation preference (plus accumulated but unpaid dividends, the “Series B Liquidation Preference”) per share of Series B Preferred Stock, paid or accrued quarterly in arrears on the last day of each of March, June, September and December. The Company shall add the amount of all accrued but unpaid dividends on each quarterly dividend payment date to the Series B Liquidation Preference, except to the extent the Company elects to make all or any portion of such payment in cash on or prior to the applicable dividend payment date, in which case, the amount of the accrued but unpaid dividends that is added to the Series B Liquidation Preference shall be reduced on a dollar-for-dollar basis by the amount of any such cash payment.
How do I change my address on my Exela stock certificate or change title on my stock certificate?

All questions regarding ownership of Exela stock should be addressed to the appropriate transfer agent:

Continental Stock Transfer & Trust
1 State Street Plaza, 30th Floor
New York, New York 10004-1561
Tel: (212) 509 4000

How can I get Exela financial documents?
Refer to the SEC filing page for online version of financial documents.
When are Exela’s fiscal quarters?

The Exela fiscal year will run on a calendar year with quarters ending on March 31, June 30, September 30 and December 31.

Who are Exela’s independent accountants?

Exela’s independent accountants are KPMG.

Who are the members of Exela’s Board of Directors?

Please view a full list of Exela’s Board of Directors.

How many employees does Exela have?

Exela has approximately 16,000 employees

Can I get on a distribution list to receive information about the company?

Please fill the email alerts form to receive information about the company.

How can I contact Exela?

Please see our IR Contacts page for contact information.

Where can I request printed materials?
Materials can be downloaded here
What is the status of the ATM?
The ATM program has been suspended.
Some commonly asked questions around STS

Q: What is STS?

A: Exela created XCV-STS, LLC to “Serve the Shareholders.” STS holds assets that we have set aside to benefit shareholders.

Q: Does STS currently hold any assets?

A: On August 3, 2022, Exela announced that it holds $70 million of face value 2026 notes purchased at a discount.

Q: Who receives the coupon payment that is due on these notes?

A: STS is entitled to receive the coupon. When STS receives the coupon, it may use the coupon for the benefit of the Exela shareholders including but not limited to a dividend or used as part of a share buyback program, subject to applicable laws and relevant approvals.

Q: Will you retire these notes?

A: STS currently plans to continue to hold these notes to maturity. However, it may also sell them earlier for cash, which could then be employed by STS as described above.

Some commonly asked questions around the merger of XBP Europe and CF Acquisition Corp. VIII

Q: What was announced on October 10, 2022?

A: Exela and CF Acquisition Corp. VIII announced the next stage in the public listing of Exela’s European business, called XBP Europe. The press release is listed here,

Q: What will XELA holders receive when the transaction closes?

A: Exela’s subsidiary, the seller, will receive shares of the standalone public company for its shares of XBP Europe. The enterprise value of XBP Europe at today’s valuation is approximately $220 million. XBP Europe currently generates ~$200 million in revenue annually. More details can be found here,

Q: Who will own the publicly traded entity?

A: Exela will indirectly own the vast majority of the shares in the entity which will be publicly listed on the Nasdaq.

Q: Why are you taking XBP Europe public?

A: We believe that Exela is undervalued and expect this transaction to benefit Exela shareholders to help realize some of the real value of Exela.

Q: When will we learn more about the transaction?

A: We will provide updates as we make progress per guidelines mandated by the SEC.

Q: Will the new combined company have debt?

A: While we don’t have specifics until the close of the transaction. we expect the new combined company to have cash, some debt and working capital lines used for the growth of business.

Q: Will Exela Technologies Inc. receive cash in this transaction?

A: Exela’s subsidiary will receive shares in this transaction and we will provide further plans for these shares as information becomes available.

How can bond holders get more information?

Information for holders, prospective investors, market makers affiliated with any initial purchaser of the 11.500% First-Priority Senior Secured Notes due 2026 issued by Exela Intermediate, LLC, and securities analysts, please see the tab 4a in the 3Q Factsheet,

  • © 2023, Exela Technologies Inc., All Rights Reserved.