SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Avenue RP Opportunities Fund, L.P. (Last) (First) (Middle) C/O AVENUE CAPITAL GROUP 11 WEST 42ND STREET, 9TH FLOOR (Street) NEW YORK NY 10036 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol XBP Global Holdings, Inc. [ XBP ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 09/15/2026
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/15/2026		P		325,319(1)	A	$2.83	981,807	I	See footnotes(2)(5)
Common Stock	09/15/2026		P		202,287(1)	A	$2.83	610,498	I	See footnotes(3)(4)(5)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* Avenue RP Opportunities Fund, L.P. (Last) (First) (Middle) C/O AVENUE CAPITAL GROUP 11 WEST 42ND STREET, 9TH FLOOR (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Avenue Global Dislocation Opportunities Fund, L.P. (Last) (First) (Middle) C/O AVENUE CAPITAL GROUP 11 WEST 42ND STREET, 9TH FLOOR (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Avenue Europe International Management, L.P. (Last) (First) (Middle) C/O AVENUE CAPITAL GROUP, 11 WEST 42ND STREET, 9TH FLOOR (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Avenue Capital Management II, L.P. (Last) (First) (Middle) C/O AVENUE CAPITAL GROUP 11 WEST 42ND STREET, 9TH FLOOR (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Avenue RP Opportunities Fund GenPar, LLC (Last) (First) (Middle) C/O AVENUE CAPITAL GROUP 11 WEST 42ND STREET, 9TH FLOOR (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Avenue Global Dislocation Opportunities GenPar, LLC (Last) (First) (Middle) C/O AVENUE CAPITAL GROUP 11 WEST 42ND STREET, 9TH FLOOR (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* GL RP Partners, LLC (Last) (First) (Middle) C/O AVENUE CAPITAL GROUP 11 WEST 42ND STREET, 9TH FLOOR (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* GL Global Dislocation Opportunities Partners, LLC (Last) (First) (Middle) C/O AVENUE CAPITAL GROUP 11 WEST 42ND STREET, 9TH FLOOR (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* LASRY MARC (Last) (First) (Middle) C/O AVENUE CAPITAL GROUP, 11 WEST 42ND STREET, 9TH FLOOR (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. On September 15, 2026, each of Avenue RP Opportunities Fund, L.P., Avenue Global Dislocation Opportunities Fund, L.P., and Avenue Global Opportunities Master Fund LP (collectively, the "Avenue Funds") acquired shares of Common Stock in a private placement by the Issuer pursuant to the terms of a Securities Purchase Agreement, dated as of September 11, 2026, by and between the Issuer and the applicable Avenue Fund, at a purchase price of $2.83 per share.

2. Held directly by Avenue RP Opportunities Fund, L.P. ("RP Opportunities Fund"). Avenue RP Opportunities Fund GenPar, LLC ("RP Opportunities GP") is the general partner of RP Opportunities Fund. GL RP Partners, LLC ("RP Partners") is the managing member of RP Opportunities GP. Avenue Europe International Management, L.P. is a registered investment adviser and is the manager ("Europe International Manager") of RP Opportunities Fund. RP Opportunities GP has delegated all management authority over securities held by RP Opportunities Fund to Europe International Manager and therefore, Europe International Manager has sole voting and dispositive power over all securities of Issuer held by RP Opportunities Fund, but disclaims beneficial ownership thereof except to the extent of its pecuniary interest, if any, therein. RP Opportunities GP and RP Partners disclaim beneficial ownership of securities except to the extent of their pecuniary interest, if any, therein.

3. Held directly by Avenue Global Dislocation Opportunities Fund, L.P. ("Global Dislocation Fund"). Avenue Global Dislocation Opportunities GenPar, LLC ("Dislocation Opportunities GP") is the general partner of Global Dislocation Fund. GL Global Dislocation Opportunities Partners, LLC ("Dislocation Opportunities Partners") is the managing member of Dislocation Opportunities GP. Avenue Capital Management II, L.P. ("Capital Management II") is a registered investment adviser and is the manager of Global Dislocation Fund. Dislocation Opportunities GP has delegated all management authority over securities held by Global Dislocation Fund to Capital Management II and therefore,

4. (Continued from footnote 3) Capital Management II has sole voting and dispositive power over all securities of Issuer held by Global Dislocation Fund, but disclaims beneficial ownership thereof except to the extent of its pecuniary interest, if any, therein. Dislocation Opportunities GP and Dislocation Opportunities Partners disclaim beneficial ownership of securities except to the extent of their pecuniary interest, if any, therein.

5. Marc Lasry is the managing member of RP Partners and Dislocation Opportunities Partners, and a founder of Avenue Capital Group, a global investment firm. Mr. Lasry does not have voting or dispositive power over securities held by the Funds and disclaims beneficial ownership of securities held by the Funds, except to the extent of his pecuniary interest, if any, therein.

Remarks:

Andrew Schinder is signing on behalf of Mr. Lasry pursuant to a power of attorney dated January 28, 2019, which was previously filed with the Securities and Exchange Commission as an exhibit to a Schedule 13G filed by Mr. Lasry and certain other reporting persons on October 3, 2024. Due to certain reporting restrictions including that no more than 10 reporting persons can file any one Form 4 through the Securities and Exchange Commission's EDGAR system, certain affiliates of the Reporting Persons have filed a separate Form 4 reporting additional transactions.

	Avenue RP Opportunities Fund, L.P., By: GL RP Partners, LLC, its Managing Member; By: Avenue RP Opportunities Fund GenPar, LLC, its General Partner, By: /s/ Andrew Schinder, Name: Andrew Schinder, Title: Attorney-in-Fact for Marc Lasry, Member	09/17/2026
	Avenue Global Dislocation Opportunities Fund, L.P., By: Avenue Global Dislocation Opportunities GenPar, LLC, its General Partner, By: GL Global Dislocation Opportunities Partners, LLC, its Managing Member, By: /s/ Andrew Schinder, Name: Andrew Schinder, T	09/17/2026
	Avenue Europe International Management, L.P., By: Avenue Europe International Management GenPar, LLC, its General Partner, By: /s/ Andrew Schinder, Name: Andrew Schinder, Title: Attorney-in-Fact for Marc Lasry, Member	09/17/2026
	Avenue Capital Management II, L.P., By: Avenue Capital Management II GenPar, LLC, its General Partner, By: /s/ Andrew Schinder, Name: Andrew Schinder, Title: Attorney-in-Fact for Marc Lasry, Member	09/17/2026
	Avenue RP Opportunities Fund GenPar, LLC, By: GL RP Partners LLC, its Managing Member, By: /s/ Andrew Schinder, Name: Andrew Schinder, Title: Attorney-in-Fact for Marc Lasry, Member	09/17/2026
	Avenue Global Dislocation Opportunities GenPar, LLC, By: GL Global Dislocation Opportunities Partners, LLC, its Managing Member, By: /s/ Andrew Schinder, Name: Andrew Schinder, Title: Attorney-in-Fact for Marc Lasry, Member	09/17/2026
	GL RP Partners, LLC, By: /s/ Andrew Schinder, Name: Andrew Schinder, Title: Attorney-in-Fact for Marc Lasry, Member	09/17/2026
	GL Global Dislocation Opportunities Partners, LLC, By: /s/ Andrew Schinder, Name: Andrew Schinder, Title: Attorney-in-Fact for Marc Lasry, Member	09/17/2026
	Andrew Schinder, Attorney-in-Fact for Marc Lasry	09/17/2026
	** Signature of Reporting Person	Date
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