Press Releases

Year

March 8, 2022

Exela Technologies Announces Management and Directors Tendering Exela Common Stock into Preferred Stock

IRVING, Texas , March 08, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA ), announced today that directors, executive officers and affiliates have informed that Company that they intend to tender in the aggregate over 5 million shares of common stock in

March 7, 2022

Exela Technologies Agrees to Exchange with Revolving Lenders

IRVING, Texas , March 07, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA ), announced today that certain of its subsidiaries entered into a Revolving Loan Exchange and Prepayment Agreement with certain financial institutions acting as revolving lenders

February 24, 2022

Exela Technologies Announces an Amendment in the Pending Exchange Offer Replacing New Notes with Preferred Stock

Shareholders can now exchange blocks of 20 shares of common stock into a tradable $25 perpetual, convertible preferred stock with a 6% annual dividend Offering price represents a 127% premium to the closing share price of $0.55 on January 25, 2022 , the day prior to the commencement of the original

February 23, 2022

PCH Global’s Market Reach Continues its Expansion in the Healthcare Arena

PCH Global , Exela’s cloud-hosted healthcare gateway platform continues its adoption trajectory with the addition of an engagement by a large US healthcare company. Through PCH Global the company will immediately tackle obstacles that have been thwarting payment integrity objectives.

February 8, 2022

Exela Cements Europe Presence with Purchase of Headquarters in Ireland

IRVING, Texas , Feb. 08, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA ) reaffirms its commitment to grow its leadership position in Europe as a key technology and payments services provider. Exela purchased a standalone multi-level, 25,000 square foot headquarters in

February 7, 2022

Exela Technologies Announces an Increase in the Consideration being Offered for Shares of Common Stock through Exchange Offer to $1.25 of New Notes per Share

Shareholders can now exchange blocks of 20 shares of common stock into a tradable $25 note due 2029 with 6% annual interest rate Offering price represents a 127% premium to the closing share price of $0.55 on January 25, 2022 Shares tendered will be retired, reducing share count by approximately

February 3, 2022

Exela Technologies Expands Intelligent Document Processing Strength with Work-From-Anywhere Platform, Enrolling over 6,000 Users

IRVING, Texas , Feb. 03, 2022 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “the Company”) (NASDAQ: XELA), a global business process automation (BPA) leader, announced today it has surpassed 6,000 users on its Work-From-Anywhere (“WFA”) platform for Intelligent Document Processing

January 26, 2022

Exela Technologies Announces Share Buyback of up to 100 Million Shares of Common Stock at $1 per Share Through Exchange Offer of New Notes

Shareholders can exchange blocks of 25 shares of common stock into a tradable $25 note due 2029 with 6% annual interest rate Offering price represents an 82% premium to the closing share price of $0.55 on January 25, 2022 Shares tendered will be retired, reducing share count by approximately 29%

January 25, 2022

Exela Renews Long Standing Relationship with Leading Consulting Firm

R enewal includes Digital Mailroom for over 9 0 ,000 users IRVING, Texas , Jan. 25, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA ) today announced a renewal of its services contract with a leading consulting firm. The renewal reaffirms a 20-year relationship.

January 21, 2022

Exela Wins PCH Global Rollout for a National Leader in Post-Acute Healthcare

IRVING, Texas , Jan. 21, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA ) today announced a new relationship with a national leader in post-acute healthcare focusing on home healthcare, hospice and personal care. The initial scope of the PCH Global rollout will deliver

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