Exela Technologies Announces Adjournment of Annual Meeting until December 31, 2021
Exela Technologies, Inc. (NASDAQ: XELA) announced the reconvening of its Annual Shareholder’s meeting on December 31, 2021, at 10:00 AM ET after an adjournment due to lack of quorum. The extension aims to allow new shareholders to participate in voting on significant matters. Shareholders of record as of October 20, 2021, can exercise their voting rights via proxy. The company emphasizes the importance of casting votes and provides various methods for shareholders to participate.
- Reconvening of the Annual Shareholder's meeting grants more time for new shareholders to vote.
- Continued solicitation for shareholder votes indicates active engagement with investors.
- The meeting was initially adjourned due to lack of quorum, suggesting potential apathy or disengagement from shareholders.
IRVING, Texas, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA), a global business process automation leader, today announced that the Annual Shareholder’s meeting will reconvene on December 31, 2021 at 10:00 AM ET. The meeting held on December 16, 2021 was adjourned until that date due to a lack of quorum. The new date will provide additional time for its many new shareholders to have their voices heard and more time to cast ballots on important shareholder matters.
During the current adjournment, the Company continues to solicit votes from its shareholders with respect to the proposals set forth in the Company’s proxy statement. Shareholders of record, as of the record date, October 20, 2021, are entitled to vote.
The Company urges all record stockholders to exercise their right to vote their shares by proxy. A proxy card with instructions was mailed to all registered stockholders holding shares as of the close of business on October 20, 2021. Each stockholder can vote his or her proxy online at https://www.cstproxy.com/exelatech/2021/ or through an email that each stockholder received from Proxyvote.com or from Proxydocs.com for those holding shares at Robinhood or Interactive Brokers. Stockholders’ brokers cannot vote shares for each of the proposals unless the stockholder instructs him or her to do so via the proxy.
Shareholders who need additional copies of proxy materials or have questions on how to vote may contact D.F. King toll-free at (877) 732-3619 (individuals) or (212) 269-5550 (banks and brokers) or send an email to xela@dfking.com.
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About Exela Technologies
Exela Technologies is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience. With decades of experience operating mission-critical processes, Exela serves a growing roster of more than 4,000 customers throughout 50 countries, including over
Forward-Looking Statements
Certain statements included in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "may", "should", "would", "plan", "intend", "anticipate", "believe", "estimate", "predict", "potential", "seem", "seek", "continue", "future", "will", "expect", "outlook" or other similar words, phrases or expressions. These forward-looking statements include statements regarding our industry, future events, estimated or anticipated future results and benefits, future opportunities for Exela, and other statements that are not historical facts. These statements are based on the current expectations of Exela management and are not predictions of actual performance. These statements are subject to a number of risks and uncertainties, including without limitation those discussed under the heading "Risk Factors" in Exela's Annual Report and other securities filings. In addition, forward-looking statements provide Exela's expectations, plans or forecasts of future events and views as of the date of this communication. Exela anticipates that subsequent events and developments will cause Exela's assessments to change. These forward-looking statements should not be relied upon as representing Exela's assessments as of any date subsequent to the date of this press release.
Investor and/or Media Contacts:
Vincent Kondaveeti
E: vincent.kondaveeti@exelatech.com
Mary Beth Benjamin
E: IR@exelatech.com
FAQ
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