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EXELA TECHS INC 6% SER B - XELAP STOCK NEWS

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Exela Technologies Inc is a business process automation (BPA) leader combining industry-specific and multi-industry enterprise software and solutions. The company's BPA suite of solutions is deployed in banking, healthcare, insurance, and other industries. The company's segment includes Information and Transaction Processing Solutions (ITPS), Healthcare Solutions (HS), and Legal and Loss Prevention Services (LLPS). It generates maximum revenue from the ITPS segment.

Rhea-AI Summary
Exela Technologies, Inc. announced the expiration and final results of its exchange offer and consent solicitation. Approximately $1,271 million of the outstanding Old Notes were validly tendered in the exchange offer, resulting in the issuance of approximately $1,017 million of New Notes. $24 million of the Old Notes remain outstanding. The Issuers also issued New Notes to third parties and affiliates in exchange for term loans and senior notes. Upon completion of the transactions, approximately $1,082 million of New Notes were outstanding.
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Exela Technologies, Inc. has eliminated the early tender time for its exchange offer for Old Notes. Approximately $1,270.7 million of outstanding Old Notes were tendered for exchange. The Exchange Offer and Consent Solicitation will expire on July 7, 2023. The Final Settlement Date is expected to occur promptly after the Expiration Time.
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4.35%
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Exela Technologies completes sale of high-speed scanner business to Imaging Business Machines
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7.25%
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Exela Technologies announces a 1-for-200 reverse stock split of its common stock.
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FAQ

What is the current stock price of EXELA TECHS 6% SER B (XELAP)?

The current stock price of EXELA TECHS 6% SER B (XELAP) is $0.8549 as of November 22, 2024.

What does Exela Technologies Inc specialize in?

Exela Technologies Inc specializes in business process automation (BPA) and offers industry-specific and multi-industry enterprise software and solutions.

In which industries does Exela Technologies Inc operate?

Exela Technologies Inc operates in banking, healthcare, insurance, and other industries with its BPA suite of solutions.

What are the primary revenue-generating segments for Exela Technologies Inc?

The Information and Transaction Processing Solutions (ITPS) segment is the primary revenue-generating segment for Exela Technologies Inc.

How many customers does Exela Technologies Inc serve?

Exela Technologies Inc serves a growing roster of more than 4,000 customers across 50 countries, including over 60% of the Fortune® 100.

What is the core technology utilized by Exela Technologies Inc?

Exela Technologies Inc leverages foundational technologies spanning information management, workflow automation, and integrated communications.

EXELA TECHS INC 6% SER B

Nasdaq:XELAP

XELAP Rankings

XELAP Stock Data

2.42M
2.32%
45.35%
Software - Application
Services-business Services, Nec
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United States of America
IRVING