July 29, 2025 · Form 4 insider transaction
CHADHA PAR bought 22,111,036 shares of XBP, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Reflects shares of common stock, $0.0001 par value (the "Common Stock"), of XBP Europe Holdings, Inc. and warrants to purchase Common Stock received by certain wholly owned subsidiaries of Exela Technologies, Inc. ("Exela") in accordance with an amended plan of reorganization effectuated under voluntary cases, filed by certain entities that were direct or indirect subsidiaries of Exela, under chapter 11 of title 11 of the United States Code, ss.ss. 101-1532, as amended, in the United States Bankruptcy Court for the Southern District of Texas, under Case No 25-90023 [Docket No. 826] (the "Restructuring Transactions"). The reporting person disclaims beneficial ownership of any shares of Common Stock reported herein except to the extent of his pecuniary interest therein.; On the effective date of the Restructuring Transactions, the closing price of the Common Stock was $0.90 per share.; The reporting person is the Executive Chairman, a director and the controlling shareholder of Exela. The reporting person's holdings in Exela are held by certain entities controlled by the reporting person.