0001104659-24-051302.txt : 20240424
0001104659-24-051302.hdr.sgml : 20240424
20240424173036
ACCESSION NUMBER: 0001104659-24-051302
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231009
FILED AS OF DATE: 20240424
DATE AS OF CHANGE: 20240424
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CHADHA PAR
CENTRAL INDEX KEY: 0000938202
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36788
FILM NUMBER: 24871695
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Exela Technologies, Inc.
CENTRAL INDEX KEY: 0001620179
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
ORGANIZATION NAME: 07 Trade & Services
IRS NUMBER: 471347291
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2701 EAST GRAUWYLER RD.
CITY: IRVING
STATE: TX
ZIP: 75061
BUSINESS PHONE: 844-935-2832
MAIL ADDRESS:
STREET 1: 2701 EAST GRAUWYLER RD.
CITY: IRVING
STATE: TX
ZIP: 75061
FORMER COMPANY:
FORMER CONFORMED NAME: Quinpario Acquisition Corp. 2
DATE OF NAME CHANGE: 20140922
4
1
tm2412321-1_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2023-10-09
1
0001620179
Exela Technologies, Inc.
XELA
0000938202
CHADHA PAR
8550 WEST DESERT INN ROAD
SUITE 102-452
LAS VEGAS
NV
89117
1
1
0
0
Executive Chairman
0
Common Stock
2024-04-23
4
A
0
18039
1.9999
A
53688
I
See Footnote
Common Stock
2024-04-22
4
A
0
31961
1.9998
A
35649
I
See Footnote
Special Voting Stock
2023-10-09
4
A
0
1000000
0.0001
A
1000000
I
See Footnote
Series A Convertible Preferred Stock
2023-12-27
4
A
0
625000
0.0008
A
Common Stock
625000
I
See Footnote
Represents the average price of shares of common stock purchased in multiple transactions at prices ranging from $1.985 to $2 per share. Full information regarding the number of shares purchased and specific prices will be made available upon request to the Company's Office of the General Counsel.
Represents the average price of shares of common stock purchased in multiple transactions at prices ranging from $1.97 to $2.005 per share. Full information regarding the number of shares purchased and specific prices will be made available upon request to the Company's Office of the General Counsel.
Shares held directly by HandsOn Global Management LLC and its affiliates (collectively, "HGM"). Par Chadha is the manager of HGM.
On October 9, 2023, the Company entered into the Subscription, Voting and Redemption Agreement with GP-HGM LLC, an entity affiliated with Par Chadha, pursuant to which GP-HGM LLC purchased 1,000,000 shares of a new class of preferred stock designated as "Special Voting Stock" for an aggregate purchase price of $100. Each share of Special Voting Stock is entitled to 20,000 votes per share on certain items to be voted upon at an upcoming special meeting of the Company's stockholders and will be redeemed following the vote on such items.
Shares held directly by GP-HGM LLC, of which Par Chadha is the manager.
Each share of Series A Preferred Stock is convertible at the holder's option, at any time into the number of shares of Common Stock determined as of the date of conversion using a certain conversion formula that takes into account the amount of liquidation preference per share as adjusted for accrued but unpaid dividends pursuant to the Issuer's Certificate of Designations, Preferences, Rights and Limitations of Series A Perpetual Convertible Preferred Stock and Certificate of Decrease of Series A Perpetual Convertible Preferred Stock. The shares of Series A Convertible Preferred Stock have no expiration date.
/s/ Par Chadha Name: Par Chadha
2024-04-24