OTC: XELA

Press Releases

 

Press Releases

August 3, 2022
Exela Technologies Provides Update on Capital Deployment Strategy
IRVING, Texas , Aug. 03, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or “Company”) (NASDAQ: XELA , XELAP) today announced an update to its Capital Deployment Strategy (the “Strategy”) that was previously announced June 6, 2022 . Exela has established XCV-STS, LLC (“STS” or “Serve the
August 3, 2022
Exela Continues to Sign New Logos for XBP®
Exela Technologies Announces XBP® Win in the Financial Services Industry IRVING, Texas , Aug. 03, 2022 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela”) (NASDAQ: XELA, XELAP), today announced a new contract with a large European domiciled financial services firm that will utilize Exela’s
July 25, 2022
Exela Technologies Announces 1 for 20 Reverse Stock Split
IRVING, Texas , July 25, 2022 (GLOBE NEWSWIRE) -- Exela Technologies , Inc. (“Exela” or “Company”) (NASDAQ: XELA ), a location-agnostic global business process automation (BPA) leader, announced that its Board of Directors has approved a 1-for-20 reverse stock split of the Company’s common stock,
July 13, 2022
Exela Technologies Confirms Receipt of Acquisition Proposal
IRVING, Texas , July 13, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA , XELAP) today confirmed that it has received a preliminary, non-binding proposal (the “Proposal”) to acquire an approximately $200 million revenue business unit of Exela , subject to
July 12, 2022
Exela Technologies Promotes Suresh Yannamani to CEO – Exela Technologies BPA
IRVING, Texas , July 12, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA , XELAP) today announced the promotion of Suresh Yannamani to Chief Executive Officer, Exela Technologies BPA, LLC , a subsidiary of Exela . Suresh’s promotion is part of the plans underway since last
June 22, 2022
Exela Technologies Secures XBP Contract Totaling $136 Million
$175 million in XBP TCV signed in 2022 YTD IRVING, Texas , June 22, 2022 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA , XELAP) today announced a new customer win of $136 million in total contract value (“TCV”) over three years bringing the year-to-date XBP TCV wins to $175
June 21, 2022
Exela Technologies Closes $150 Million Securitization Facility with PNC Bank
$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 of a three-year $150 million financing facility with
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