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2023-04-13 09:00:00
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IRVING, TEXAS, APRIL 13, 2023 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA, XELAP), A LEADING PROVIDER OF BUSINESS PROCESS AUTOMATION SOLUTIONS, TODAY ANNOUNCED THAT IT HAS BEEN RECOGNIZED AS A ‘MAJOR PLAYER' IN THE IDC MARKETSCAPE FOR WORLDWIDE FINANCE AND ACCOUNTING BUSINESS PROCESS SERVICES IN THE CLOUD 2023 VENDOR ASSESSMENT.
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EXELA RECOGNIZED AS A MAJOR PLAYER IN IDC MARKETSCAPE FOR WORLDWIDE FINANCE AND ACCOUNTING BUSINESS PROCESS SERVICES IN THE CLOUD 2023 VENDOR ASSESSMENT
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2023-04-03 16:05:00
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FULL YEAR HIGHLIGHTS
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EXELA TECHNOLOGIES, INC. REPORTS FULL YEAR AND FOURTH QUARTER 2022 RESULTS
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2023-03-02 08:30:00
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IRVING, TEXAS, MARCH 02, 2023 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR THE “COMPANY”) (NASDAQ: XELA, XELAP), A GLOBAL BUSINESS PROCESS AUTOMATION LEADER, TODAY REPORTED ITS SUBSIDIARIES HAD OBTAINED $51 MILLION OF NEW FUNDING FROM B. RILEY COMMERCIAL CAPITAL, LLC (“BRCC”) AND AN AFFILIATE OF BRCC THROUGH A COMBINATION OF AN AMENDMENT OF THE COMPANY'S EXISTING $150 MILLION PNC SECURITIZATION FACILITY TO PERMIT THE ADDITION OF $35 MILLION OF JUNIOR SECURED FINANCING, A SEPARATE SALE OF RECEIVABLES, AND AN INCREASE IN AVAILABILITY UNDER A REVOLVING LINE OF CREDIT. THE NEW SECURITIZATION FACILITY MATURES IN JUNE 2025 AND BEARS INTEREST AT A PER ANNUM RATE OF ONE-MONTH TERM SOFR PLUS 7.5%.
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EXELA TECHNOLOGIES ANNOUNCES NEW FUNDING, AMENDMENT INCREASES EXISTING SECURITIZATION FACILITY TO $185 MILLION AND OTHER RELATED TRANSACTIONS
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2022-12-23 08:30:00
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IRVING, TEXAS, DEC. 23, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA, XELAP), A LEADING PROVIDER OF BUSINESS PROCESS AUTOMATION SOLUTIONS, TODAY ANNOUNCED THAT IT HAS BEEN RECOGNIZED AS A ‘MAJOR PLAYER' IN THE IDC MARKETSCAPE FOR U.S. RCM SERVICE SOLUTIONS 2022-2023 VENDOR ASSESSMENT.
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EXELA RECOGNIZED AS A MAJOR PLAYER IN IDC MARKETSCAPE FOR U.S. RCM SERVICE SOLUTIONS 2022-2023 VENDOR ASSESSMENT
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2022-11-14 16:34:00
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CONFERENCE CALL SCHEDULED FOR NOVEMBER 14, 2022 AT 6:00 PM ET
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EXELA TECHNOLOGIES, INC. REPORTS PRELIMINARY THIRD QUARTER 2022 RESULTS
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2022-11-08 10:50:00
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FIRESIDE CHAT STREAM WILL TAKE PLACE NOVEMBER 30TH FIRESIDE CHAT STREAM WILL TAKE PLACE NOVEMBER 30TH
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EXELA TECHNOLOGIES ANNOUNCES FIRESIDE CHAT PLATFORM FOR INVESTORS
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2022-11-01 08:45:00
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IRVING, TEXAS, NOV. 01, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR “THE COMPANY”) (NASDAQ: XELA, XELAP), A GLOBAL BUSINESS PROCESS AUTOMATION (BPA) LEADER, ANNOUNCED TODAY THAT IT HAS EXPANDED A CONTRACT WITH A MAJOR CONSULTING FIRM TO IMPLEMENT EXELA'S INTELLIGENT LOCKERS IN ITS NEW BUILDING LOCATED IN MEXICO. WITH INTELLIGENT LOCKERS CURRENTLY SET UP AT THE CONSULTING FIRM'S US LOCATIONS, EXELA WILL INSTALL LOCKERS PROVIDING THE SAME WORKPLACE EXPERIENCE TO THE MEXICO BASED STAFF. THE UPTAKE FOR EXELA'S DIGITAL MAILROOM (“DMR”) AND INTELLIGENT LOCKER SOLUTIONS HAVE BEEN A SIGNIFICANT VALUE ADD FOR THE FIRM IN THE US.
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EXELA TECHNOLOGIES EXPANDS CONTRACT WITH MAJOR CONSULTING FIRM
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2022-10-10 08:00:00
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IRVING, TEXAS AND NEW YORK, OCT. 10, 2022 (GLOBE NEWSWIRE) -- XBP EUROPE, INC. (“XBP EUROPE”), THE EUROPEAN BUSINESS OF EXELA TECHNOLOGIES INC. (NASDAQ: XELA, XELAP) (“EXELA”) AND CF ACQUISITION CORP. VIII (NASDAQ: CFFE) (“CFFE”), A SPECIAL PURPOSE ACQUISITION COMPANY SPONSORED BY CANTOR FITZGERALD, TODAY ANNOUNCED THAT THEY HAVE ENTERED INTO A DEFINITIVE MERGER AGREEMENT. AFTER CLOSING, THE COMBINED COMPANY WILL BE CALLED XBP EUROPE HOLDINGS, INC. AND IS EXPECTED TO BE PUBLICLY LISTED ON NASDAQ UNDER THE SYMBOL XBP. UNTIL THE CLOSING OF THE TRANSACTION, SHARES WILL TRADE ON NASDAQ UNDER THE SYMBOL CFFE. XBP EUROPE IS A PAN-EUROPEAN INTEGRATOR OF BILLS AND PAYMENTS CONNECTING BUYERS AND SUPPLIERS, ACROSS INDUSTRIES AND SIZES, TO OPTIMIZE THE CLIENTS' BILLS AND PAYMENT PROCESSES IN ORDER TO ADVANCE DIGITAL TRANSFORMATION, IMPROVE MARKET WIDE LIQUIDITY AND ENCOURAGE SUSTAINABLE BUSINESS PRACTICES.
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EXELA TECHNOLOGIES INC.'S EUROPEAN BUSINESS TO GO PUBLIC THROUGH MERGER WITH CF ACQUISITION CORP. VIII
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2022-09-28 08:00:00
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IRVING, TEXAS, SEPT. 28, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR “THE COMPANY”) (NASDAQ: XELA, XELAP), TODAY ANNOUNCED AN EXPANDED STRATEGIC PARTNERSHIP TO UTILIZE EXELA'S TECHNOLOGY AND OPERATIONS SOLUTIONS VALUED AT TOTAL CONTRACT VALUE OF ~$8 MILLION. THE WIN IS PART OF THE HEALTHCARE SOLUTIONS BUSINESS WHICH GENERATED $218 MILLION IN REVENUE IN 2021.
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EXELA TECHNOLOGIES FURTHER EXPANDS RELATIONSHIP WITH LARGE HEALTHCARE MEMBER ENGAGEMENT LEADER
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2022-09-12 09:30:00
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IRVING, TEXAS, SEPT. 12, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA, XELAP), TODAY ANNOUNCED THAT ITS BOARD OF DIRECTORS HAS DECLARED THE PAYMENT OF A DIVIDEND ON THE COMPANY'S OUTSTANDING 6.00% SERIES B CUMULATIVE PERPETUAL CONVERTIBLE PREFERRED STOCK (“SERIES B PREFERRED STOCK”).
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EXELA TECHNOLOGIES ANNOUNCES DIVIDEND ON SERIES B PREFERRED STOCK
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2022-08-29 08:30:00
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EXELA'S EQUITY STAKE VALUED AT $220 MILLION, STAND-ALONE EMEA BUSINESS TO BE LISTED ON NASDAQ EXELA'S EQUITY STAKE VALUED AT $220 MILLION, STAND-ALONE EMEA BUSINESS TO BE LISTED ON NASDAQ
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EXELA TECHNOLOGIES SIGNS EXCLUSIVE NON-BINDING LETTER OF INTENT TO CREATE STAND-ALONE EUROPEAN XBP PLATFORM
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2022-08-18 09:14:00
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IRVING, TEXAS, AUG. 18, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA, XELAP), TODAY ANNOUNCED A NEW FRAMEWORK CONTRACT WITH A PUBLIC IT AND COMMUNICATIONS SERVICE PROVIDER FOR SEVERAL GERMAN FEDERAL STATES AND TAX ADMINISTRATIONS. THE 3-YEAR FRAMEWORK AGREEMENT ENABLES EXELA TO DEPLOY ITS DIGITAL MAIL ROOM (DMR) MODULE AS PART OF ITS XBP™ GLOBAL PLATFORM AND PROVIDE MASS DIGITIZATION SERVICES ESTIMATED AT $11 MILLION TOTAL CONTRACT VALUE BASED ON EXPECTED CUSTOMER VOLUMES AND MARKET GROWTH.
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EXELA TECHNOLOGIES ANNOUNCES PUBLIC SECTOR CONTRACT WIN IN GERMANY
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XELA
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2022-07-25 17:00:00
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IRVING, TEXAS, JULY 25, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR “COMPANY”) (NASDAQ: XELA), A LOCATION-AGNOSTIC GLOBAL BUSINESS PROCESS AUTOMATION (BPA) LEADER, ANNOUNCED THAT ITS BOARD OF DIRECTORS HAS APPROVED A 1-FOR-20 REVERSE STOCK SPLIT OF THE COMPANY'S COMMON STOCK, WHICH WILL BE EFFECTIVE AT 5:00 P.M. EASTERN TIME ON MONDAY, JULY 25, 2022. EXELA'S BOARD OF DIRECTORS APPROVED THE SPLIT AND DETERMINED THE 1-FOR-20 RATIO TO BE APPROPRIATE TO MEET EXELA'S GOALS OF IMPROVING THE MARKETABILITY AND LIQUIDITY OF ITS COMMON STOCK, COMPLIANCE WITH NASDAQ LISTING REQUIREMENTS AND ALLOWING THE COMPANY'S MANAGEMENT TEAM TO FOCUS ON ITS BUSINESS.
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EXELA TECHNOLOGIES ANNOUNCES 1 FOR 20 REVERSE STOCK SPLIT
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2022-07-12 15:38:00
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IRVING, TEXAS, JULY 12, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA, XELAP) TODAY ANNOUNCED THE PROMOTION OF SURESH YANNAMANI TO CHIEF EXECUTIVE OFFICER, EXELA TECHNOLOGIES BPA, LLC, A SUBSIDIARY OF EXELA.
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EXELA TECHNOLOGIES PROMOTES SURESH YANNAMANI TO CEO – EXELA TECHNOLOGIES BPA
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XELA
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2022-06-30 11:56:00
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RECOGNIZED FOR COMPLETENESS OF VISION AND ABILITY TO EXECUTE RECOGNIZED FOR COMPLETENESS OF VISION AND ABILITY TO EXECUTE
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EXELA TECHNOLOGIES PLACED IN 2022 MAGIC QUADRANT™ FOR FINANCE AND ACCOUNTING BUSINESS PROCESS OUTSOURCING
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XELA
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2022-06-21 09:15:00
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IRVING, TEXAS, JUNE 21, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR THE “COMPANY”) (NASDAQ: XELA, XELAP), A GLOBAL BUSINESS PROCESS AUTOMATION LEADER, TODAY REPORTED THE CLOSING OF A THREE-YEAR $150 MILLION FINANCING FACILITY WITH PNC BANK. THE NEW FACILITY REPLACES THE COMPANY'S EXISTING SECURITIZATION FACILITY AND IS EXPECTED TO PROVIDE ANNUAL INTEREST SAVINGS OF $6 MILLION BASED ON CURRENT BORROWING LEVELS PRICED AT L+400 BPS.
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EXELA TECHNOLOGIES CLOSES $150 MILLION SECURITIZATION FACILITY WITH PNC BANK
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2022-06-10 22:00:00
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IRVING, TEXAS, JUNE 10, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA, XELAP), TODAY ANNOUNCED THAT ITS BOARD OF DIRECTORS HAS DECLARED THE PAYMENT OF A DIVIDEND ON THE COMPANY'S OUTSTANDING 6.00% SERIES B CUMULATIVE PERPETUAL CONVERTIBLE PREFERRED STOCK (“SERIES B PREFERRED STOCK”).
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EXELA TECHNOLOGIES ANNOUNCES DIVIDEND ON SERIES B PREFERRED STOCK
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XELA
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2022-06-07 07:30:00
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DUBLIN, IRELAND, JUNE 07, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA, XELAP), TODAY ANNOUNCED A 5-YEAR RENEWAL WITH A LEADING IRISH BANK THAT BEGAN IN 2013. THE RENEWAL AUGMENTS AN EXISTING XBP RELATIONSHIP WHICH IS PART OF THE ITPS SEGMENT. WHILE EXELA REMAINS A LEADING PROVIDER OF CHECK PROCESSING TO THE IRISH BANKING SECTOR, THE RENEWAL ENABLES THE BANK TO EMBRACE THE ENTIRE XBP SUITE INCLUDING ROBUST LIQUIDITY SOLUTIONS, IMPROVED COMMUNICATION WITH CLIENTS AND FASTER TRANSACTION PROCESSING. THE TOTAL CONTRACT VALUE IS $19 MILLION.
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EXELA TECHNOLOGIES ANNOUNCES $19 MILLION, 5-YEAR RENEWAL WITH LEADING IRISH BANK
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XELA
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2022-06-03 08:45:00
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IRVING, TEXAS, JUNE 03, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA, XELAP) TODAY ANNOUNCED NEW CUSTOMER WINS WORTH $18.3 MILLION OVER THE NEXT THREE YEARS. THE NEW BUSINESS IS ACROSS TWO NEW LOGOS AND REVENUE WILL BEGIN ACCRUING IN THE THIRD QUARTER OF 2022.
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EXELA TECHNOLOGIES ANNOUNCES NEW XBP CONTRACTS TOTALING $18.3 MILLION
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XELA
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2022-05-17 10:31:00
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IRVING, TEXAS, MAY 17, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR THE “COMPANY”) (NASDAQ: XELA) ANNOUNCED THE SUCCESSFUL COMPLETION OF ITS PREVIOUSLY ANNOUNCED OFFER TO EXCHANGE SHARES OF ITS COMMON STOCK FOR ITS 6.00% SERIES B CUMULATIVE CONVERTIBLE PERPETUAL PREFERRED STOCK (THE “SERIES B PREFERRED STOCK”), WITH EACH 20 SHARES OF COMMON STOCK BEING EXCHANGED FOR ONE SHARE OF SERIES B PREFERRED STOCK HAVING A LIQUIDATION PREFERENCE OF $25.00 PER SHARE (THE “OFFER”).
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EXELA TECHNOLOGIES ANNOUNCES SUCCESSFUL COMPLETION OF EXCHANGE OFFER FOR SHARES OF COMMON STOCK
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XELA
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2022-05-09 08:30:00
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- $6 MILLION IN ESTIMATED ANNUAL SAVINGS - $6 MILLION IN ESTIMATED ANNUAL SAVINGS
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EXELA TECHNOLOGIES EXECUTES BINDING $150 MILLION FINANCING COMMITMENT FROM PNC BANK
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XELA
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2022-04-18 06:00:00
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IRVING, TEXAS, APRIL 18, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR THE “COMPANY”) (NASDAQ: XELA), ANNOUNCED TODAY THAT IT HAS COMMENCED AN OFFER (THE “OFFER”) TO HOLDERS OF EXELA'S OUTSTANDING SHARES OF COMMON STOCK (THE “COMMON STOCK”), TO EXCHANGE UP TO 100,000,000 SHARES OF COMMON STOCK FOR UP TO $125,000,000 AGGREGATE LIQUIDATION PREFERENCE OF ITS 6.00% SERIES B1 CUMULATIVE CONVERTIBLE PERPETUAL PREFERRED STOCK (“SERIES B1 PREFERRED STOCK”), WITH EACH 20 SHARES OF COMMON STOCK BEING EXCHANGEABLE IN THE OFFER FOR ONE SHARE OF SERIES B1 PREFERRED STOCK HAVING A LIQUIDATION PREFERENCE OF $25.00 PER SHARE OF SERIES B1 PREFERRED STOCK (AN EFFECTIVE PRICE OF $1.25 PER SHARE OF COMMON STOCK). EXELA IS ALSO OFFERING TO EXCHANGE ALL OF THE OUTSTANDING 6.00% SERIES B CUMULATIVE CONVERTIBLE PERPETUAL PREFERRED STOCK (“SERIES B PREFERRED STOCK”) FOR SERIES B1 PREFERRED STOCK, WITH EACH SHARE OF SERIES B PREFERRED STOCK BEING EXCHANGEABLE IN THE OFFER FOR ONE SHARE OF SERIES B1 PREFERRED STOCK AND AN AMOUNT IN CASH EQUAL TO THE ACCRUED BUT UNPAID DIVIDENDS ON THE SERIES B PREFERRED STOCK THROUGH THE DATE OF ISSUE OF THE SERIES B1 PREFERRED STOCK.
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EXELA TECHNOLOGIES ANNOUNCES SHARE BUYBACK OF UP TO 100 MILLION SHARES OF COMMON STOCK AT $1.25 PER SHARE THROUGH EXCHANGE OFFER FOR NEW CLASS OF PREFERRED STOCK
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XELA
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2022-04-12 08:30:00
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LONDON, APRIL 12, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR THE “COMPANY”) (NASDAQ: XELA), A GLOBAL BUSINESS PROCESS AUTOMATION LEADER, TODAY ANNOUNCED EXELA HAS EXPANDED ITS 30-YEAR RELATIONSHIP WITH A TIER ONE GLOBAL BANK BY ADDING MOBILE PAYMENT PROCESSING. OUR CUSTOMER CURRENTLY USES EXELA FOR PAYMENTS, FRAUD DETECTION AND MORTGAGE PROCESSING. THIS MULTI-YEAR XBP CONTRACT WILL BE INCLUDED IN ITPS, EXELA'S LARGEST REPORTING SEGMENT.
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EXELA TECHNOLOGIES ADDS MOBILE TO SUITE OF PAYMENT SOLUTIONS WITH GLOBAL BANK
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2022-04-11 08:15:00
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IRVING, TEXAS, APRIL 11, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (NASDAQ: XELA) TODAY ANNOUNCED THAT IT WILL NOT PROCEED WITH THE VOTE SCHEDULED FOR MAY 3, 2022 SEEKING APPROVAL TO EFFECT A REVERSE STOCK SPLIT. THE SPECIAL MEETING OF STOCKHOLDERS SCHEDULED FOR THAT DATE HAS BEEN CANCELED.
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EXELA TECHNOLOGIES CANCELS VOTE ON REVERSE SPLIT
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2022-04-07 08:00:00
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IRVING, TEXAS, APRIL 07, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA) TODAY ANNOUNCED A CONTRACT AWARD WORTH A TOTAL OF $13.2 MILLION OVER THE NEXT FOUR YEARS.
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EXELA SIGNS NEW LOGO WITH A 4-YEAR TOTAL CONTRACT VALUE OF $13 MILLION FOR BILLS AND PAYMENTS
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2022-04-01 08:15:00
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IRVING, TEXAS, APRIL 01, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”, “COMPANY”) (NASDAQ: XELA), A GLOBAL BUSINESS PROCESS AUTOMATION LEADER, ANNOUNCED THAT IT HAS AMENDED ITS PREVIOUSLY REPORTED DEBT FACILITY FROM B. RILEY COMMERCIAL CAPITAL, LLC (“B. RILEY”) TO INCLUDE AUTOMATIC MATURITY EXTENSIONS FOR A REVOLVING CREDIT FACILITY. THIS AMENDMENT SUBSTANTIALLY REDUCES THE COMPANY'S 2023 DEBT MATURITIES, WITH THE B. RILEY FACILITY HAVING A CURRENT BALANCE OF APPROXIMATELY $92 MILLION, AND PROVIDES FOR ADDITIONAL LIQUIDITY OF UP TO $50 MILLION, INCREASING FLEXIBILITY OF THE COMPANY'S CAPITAL STRUCTURE.
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EXELA TECHNOLOGIES AMENDS $115 MILLION B. RILEY DEBT FACILITY TO INCLUDE A REVOLVING CREDIT FACILITY
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2022-03-29 08:30:00
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- FURTHER PROGRESS MADE AGAINST PREVIOUSLY ANNOUNCED BALANCE SHEET STRENGTHENING AND STRATEGIC INITIATIVES
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EXELA TECHNOLOGIES CLOSES REVOLVING LOAN EXCHANGE AND PREPAYMENT; REMOVES LAST REMAINING SENIOR DEBT MATURITY IN 2022
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2022-03-25 08:30:00
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IRVING, TEXAS, MARCH 25, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR “THE COMPANY”) (NASDAQ: XELA), A GLOBAL BUSINESS PROCESS AUTOMATION (BPA) LEADER, ANNOUNCED TODAY A STRATEGIC INVESTMENT IN UBERDOC, INC. UBERDOC IS A LEADING PATIENT ACCESS AND PRICE TRANSPARENCY PLATFORM CONNECTING PATIENTS TO TOP DOCTORS FOR IN-PERSON AND TELEMEDICINE APPOINTMENTS. UBERDOC PLANS TO USE THE PROCEEDS FROM THIS INVESTMENT TO SCALE ITS OFFERING TO PATIENTS NATIONWIDE, ADVANCING UBERDOC'S MISSION TO PROVIDE FASTER, MORE AFFORDABLE CARE BY CREATING AN OPEN, TRANSPARENT MARKETPLACE WHERE PATIENTS CAN CONNECT DIRECTLY TO THE DOCTORS THEY NEED.
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EXELA TECHNOLOGIES ANNOUNCES STRATEGIC INVESTMENT IN UBERDOC, A LEADING PATIENT ACCESS AND PRICE TRANSPARENCY PLATFORM
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2022-03-22 13:28:00
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TRADING IS EXPECTED TO BEGIN UNDER THE SYMBOL XELAP ON MARCH 23, 2022 TRADING IS EXPECTED TO BEGIN UNDER THE SYMBOL XELAP ON MARCH 23, 2022
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EXELA ANNOUNCES LISTING OF CONVERTIBLE PREFERRED STOCK ON NASDAQ
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2022-03-07 10:30:00
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IRVING, TEXAS, MARCH 07, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR THE “COMPANY”) (NASDAQ: XELA), ANNOUNCED TODAY THAT CERTAIN OF ITS SUBSIDIARIES ENTERED INTO A REVOLVING LOAN EXCHANGE AND PREPAYMENT AGREEMENT WITH CERTAIN FINANCIAL INSTITUTIONS ACTING AS REVOLVING LENDERS UNDER ITS FIRST LIEN CREDIT AGREEMENT DATED AS OF JULY 12, 2017 (AS AMENDED OR OTHERWISE MODIFIED FROM TIME TO TIME). PURSUANT TO THE EXCHANGE ALL OF THE AMOUNTS OUTSTANDING UNDER THE REVOLVING FACILITY WILL BE EXCHANGED FOR (I) $50.0 MILLION IN CASH AND (II) $50.0 MILLION OF THE 11.500% FIRST-PRIORITY SENIOR SECURED NOTES DUE 2026. UPON THE CLOSING OF THE EXCHANGE, ALL REVOLVING LOANS SHALL BE CANCELLED AND THE OBLIGATION TO PAY ANY AMOUNTS DUE UNDER SUCH REVOLVING LOANS (INCLUDING ON THEIR SCHEDULED MATURITY DATE, JULY 12, 2022) SHALL BE TERMINATED AND ANY ACCRUED AND UNPAID INTEREST AND FEES ON SUCH REVOLVING LOANS SHALL BE PAID AT CLOSING. FOLLOWING THIS EXCHANGE THERE WILL BE NO FURTHER DEBT MATURITIES IN 2022.
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EXELA TECHNOLOGIES AGREES TO EXCHANGE WITH REVOLVING LENDERS
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2022-02-24 10:02:00
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IRVING, TEXAS, FEB. 24, 2022 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR THE “COMPANY”) (NASDAQ: XELA) ANNOUNCED TODAY THAT IT HAS AMENDED THE PREVIOUSLY ANNOUNCED OFFER (THE “OFFER”) TO EXCHANGE UP TO 100,000,000 SHARES OF ITS COMMON STOCK FOR UNSECURED 6.00% SENIOR NOTES DUE 2029 (THE “NEW NOTES”). THE OFFER HAS BEEN AMENDED TO REPLACE THE NEW NOTES WITH PERPETUAL, CONVERTIBLE PREFERRED STOCK WITH A 6% ANNUAL DIVIDEND (THE “PREFERRED STOCK”), PAID QUARTERLY.
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EXELA TECHNOLOGIES ANNOUNCES AN AMENDMENT IN THE PENDING EXCHANGE OFFER REPLACING NEW NOTES WITH PREFERRED STOCK
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2021-12-22 09:11:00
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IN A PRESS RELEASE ISSUED EARLIER TODAY BY EXELA TECHNOLOGIES, INC. (NASDAQ: XELA), PLEASE NOTE THE CONTRACT VALUE AND THE CONTRACT LENGTH HAVE CHANGED. COMPLETED CORRECTED TEXT FOLLOWS.
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CORRECTION - EXELA TECHNOLOGIES, INC.
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2021-12-08 16:30:00
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IRVING, TEXAS, DEC. 08, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA), A BUSINESS PROCESS AUTOMATION LEADER, ANNOUNCED TODAY THAT CANTOR FITZGERALD'S HEAD OF FINANCIAL TECHNOLOGY RESEARCH, JOSH SIEGLER, HOSTED A WEBINAR WITH EXELA'S GLOBAL HEAD OF STRATEGY, MATT BROWN ON DECEMBER 8TH, 2021 AT 1PM ET.
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CANTOR FITZGERALD HOSTED EXELA TECHNOLOGIES IN WEBINAR
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2021-12-02 11:22:00
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IRVING, TEXAS, DEC. 02, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA), A BUSINESS PROCESS AUTOMATION LEADER, ANNOUNCED TODAY THAT CANTOR FITZGERALD'S HEAD OF FINANCIAL TECHNOLOGY RESEARCH, JOSH SIEGLER, WILL HOST A WEBINAR WITH EXELA'S GLOBAL HEAD OF STRATEGY, MATT BROWN ON DECEMBER 8TH, 2021 AT 1PM ET.
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EXELA TECHNOLOGIES ANNOUNCES WEBINAR HOSTED BY CANTOR FITZGERALD
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2021-11-26 08:47:00
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IRVING, TEXAS, NOV. 26, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR THE “COMPANY”) (NASDAQ: XELA) TODAY ANNOUNCED THAT IT HAS FURTHER EXTENDED THE EARLY TENDER TIME AND HAS EXTENDED THE EXPIRATION TIME, IN EACH CASE, FROM 11:59 P.M., NEW YORK CITY TIME, ON NOVEMBER 24, 2021 (THE “ORIGINAL TENDER TIME”) UNTIL 5:00 P.M., NEW YORK CITY TIME, ON DECEMBER 1, 2021 (THE "EXTENDED TENDER TIME"), WITH RESPECT TO THE PREVIOUSLY ANNOUNCED EXCHANGE OFFER (THE "EXCHANGE OFFER") BY CERTAIN OF ITS SUBSIDIARIES (THE “ISSUERS”) FOR OLD NOTES AS DESCRIBED IN THE OFFERING MEMORANDUM AND THE OFFERING MEMORANDUM SUPPLEMENT NO. 1 (EACH AS DEFINED BELOW). THE EXCHANGE OFFER CONTINUES IN FULL FORCE AND EFFECT, EXCEPT ADDITIONAL PROTECTIONS WILL BE ADDED TO THE NEW NOTES (AS DEFINED BELOW) FOR THE BENEFIT OF INVESTORS WHICH ARE SET FORTH IN THE OFFERING MEMORANDUM SUPPLEMENT NO. 2 (AS DEFINED BELOW) BEING DISTRIBUTED ON NOVEMBER 26, 2021.
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EXELA TECHNOLOGIES, INC. ANNOUNCES EXTENSION AND SUPPORT FROM OVER 80% OF HOLDERS FOR EXCHANGE OFFER
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2021-11-23 09:15:00
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IRVING, TEXAS, NOV. 23, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA), A GLOBAL BUSINESS PROCESS AUTOMATION LEADER, HAS BEEN SELECTED BY THE UK'S NATIONAL HEALTH SERVICE LONDON PROCUREMENT PARTNERSHIP AS A POTENTIAL SUPPLIER. 46 COMPANIES WERE CHOSEN ACROSS A SPECTRUM OF SERVICES, WHILE EXELA WAS CHOSEN FOR BULK SCANNING, CONTACT CENTER/HELP DESK AND DIGITAL MAILROOM. THE DIGITAL DOCUMENT SOLUTIONS FRAMEWORK IS A FOUR-YEAR CONTRACT AND HAS A POTENTIAL TOTAL VALUE OF £5BN OR ~$7BN ACROSS ALL SUPPLIERS.
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EXELA TECHNOLOGIES SELECTED AS A POTENTIAL SUPPLIER FOR THE UK'S NATIONAL HEALTH SERVICE LONDON PROCUREMENT PARTNERSHIP
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2021-11-19 13:30:00
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IRVING, TEXAS, NOV. 19, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA), A LEADING PROVIDER OF BUSINESS PROCESS AUTOMATION SOLUTIONS, TODAY ANNOUNCED THAT IT HAS BEEN RECOGNIZED AS A ‘LEADER' IN THE FIRST EDITION OF EVEREST GROUP'S INTELLIGENT AUTOMATION IN HEALTHCARE – SOLUTIONS PEAK MATRIX® ASSESSMENT 2022. THIS REPORT PROVIDES A DETAILED ANALYSIS AND ASSESSMENT OF 18 OPERATIONS SERVICE PROVIDERS FEATURED ON THE INTELLIGENT AUTOMATION IN HEALTHCARE – SOLUTIONS PEAK MATRIX®. THE ASSESSMENT CONSIDERS PROVIDERS' POSITIONING IN TERMS OF MARKET IMPACT AS WELL AS THEIR VISION AND CAPABILITY.
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EXELA NAMED LEADER IN EVEREST GROUP'S INTELLIGENT AUTOMATION IN HEALTHCARE – SOLUTIONS PEAK MATRIX® ASSESSMENT 2022
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2021-11-19 11:36:00
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IRVING, TEXAS, NOV. 19, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR THE “COMPANY”) (NASDAQ: XELA) TODAY ANNOUNCED THAT THE OFFER BY CERTAIN OF ITS SUBSIDIARIES (THE “ISSUERS”) TO PURCHASE AND EXCHANGE THEIR OUTSTANDING TERM LOANS HAS BEEN TERMINATED, EFFECTIVE IMMEDIATELY. THE PENDING OFFER BY CERTAIN OF ITS SUBSIDIARIES TO PURCHASE AND EXCHANGE (THE “EXCHANGE OFFER”) THEIR EXISTING SECURED NOTES DUE 2023 (THE “OLD NOTES”) CONTINUES IN FULL FORCE AND EFFECT, EXCEPT ADDITIONAL PROTECTIONS WILL BE ADDED TO THE NEW NOTES (AS DEFINED BELOW) FOR THE BENEFIT OF INVESTORS, INCLUDING THAT, NOTWITHSTANDING ANY OTHER PROVISION, (I) A SUBSIDIARY GUARANTOR OF THE NEW NOTES WILL NOT BE RELEASED FROM ITS GUARANTEE SOLELY BECAUSE IT CEASES TO BE A WHOLLY-OWNED SUBSIDIARY, (II) THE ISSUERS AND THEIR SUBSIDIARIES WILL NOT TRANSFER MATERIAL INTELLECTUAL PROPERTY RIGHTS TO ANY UNRESTRICTED SUBSIDIARY, AND (III) SUBORDINATING THE LIENS SECURING THE NEW NOTES AND RELATED SUBSIDIARY GUARANTEES WILL REQUIRE THE CONSENT OF EACH AFFECTED HOLDER OF NEW NOTES.
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EXELA TECHNOLOGIES, INC. ANNOUNCES TERMINATION OF OFFER TO PURCHASE AND EXCHANGE TERM LOANS
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2021-11-10 08:46:00
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IRVING, TEXAS, NOV. 10, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR THE “COMPANY”) (NASDAQ: XELA) TODAY ANNOUNCED THAT IT HAS EXTENDED THE EARLY TENDER TIME FROM 5:00 P.M., NEW YORK CITY TIME, ON NOVEMBER 9, 2021 (THE “ORIGINAL EARLY TENDER TIME”) UNTIL 11:59 P.M., NEW YORK CITY TIME, ON NOVEMBER 24, 2021 (THE "EXTENDED EARLY TENDER TIME"), WITH RESPECT TO THE PREVIOUSLY ANNOUNCED EXCHANGE OFFER (THE "EXCHANGE OFFER") BY CERTAIN OF ITS SUBSIDIARIES FOR OLD NOTES AND OLD TERM LOANS AS DESCRIBED IN THE OFFERING MEMORANDUM (AS DEFINED BELOW).
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EXELA TECHNOLOGIES, INC. ANNOUNCES EARLY TENDER RESULTS AND EXTENSION OF EARLY TENDER TIME
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2021-11-05 09:10:00
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REVENUE OF $279.2 MILLION AND LOSS PER SHARE OF $0.09 EBITDA OF $49.1 MILLION AND ADJUSTED EBITDA OF $36.4 MILLION EXPECTED TO ACHIEVE $50 MILLION IN CASH FLOW IMPROVEMENTS IN 2022 SMB BUSINESS CONTINUES TO SHOW ROBUST GROWTH GLOBALLY CONFERENCE CALL SCHEDULED FOR NOVEMBER 5, 2021 AT 2:00 PM ET
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EXELA TECHNOLOGIES, INC. REPORTS PRELIMINARY THIRD QUARTER 2021 RESULTS
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2021-10-27 23:17:00
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IRVING, TEXAS, OCT. 27, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR THE “COMPANY”) (NASDAQ: XELA) TODAY ANNOUNCED THAT CERTAIN OF ITS SUBSIDIARIES HAVE COMMENCED AN OFFER FOR ANY AND ALL OF ITS OUTSTANDING SENIOR SECURED TERM LOANS AND SECURED NOTES FOR $900 IN CASH PER $1,000 PRINCIPAL AMOUNT OF TERM LOANS OR NOTES TENDERED PRIOR TO THE EARLY TENDER TIME DESCRIBED BELOW, SUBJECT TO PRORATION. THE MAXIMUM AMOUNT OF CASH TO BE PAID IS $225 MILLION AND THE OFFER IS NOT SUBJECT TO ANY MINIMUM PARTICIPATION CONDITION. IF THE CASH OFFER IS OVERSUBSCRIBED, TENDERED LOANS AND NOTES WILL BE ACCEPTED FOR CASH ON A PRO RATA BASIS (AS A SINGLE CLASS).
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EXELA TECHNOLOGIES ANNOUNCES OFFER FOR ITS SENIOR SECURED TERM LOANS AND SECURED NOTES
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2021-10-15 12:04:00
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IRVING, TEXAS, OCT. 15, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR “THE COMPANY”) (NASDAQ: XELA), A GLOBAL BUSINESS PROCESS AUTOMATION LEADER, TODAY ANNOUNCED AN EXPANSION WITH A LEADING MEDICARE ADVANTAGE HMO. THIS EXPANSION HIGHLIGHTS THE CONTINUED DEMAND FOR EXELA'S DMR PLATFORM TO FACILITATE DIGITAL COMMUNICATION. EXELA'S DMR IS AN END-TO-END DOCUMENT MANAGEMENT SYSTEM THAT DIGITIZES MAIL AND OTHER DOCUMENTS TO CREATE SEARCHABLE, SHAREABLE DIGITAL ASSETS THAT CAN BE AUTOMATICALLY ROUTED TO INDIVIDUAL OR GROUP RECIPIENTS, FULLY TRACKED, AND MADE ACCESSIBLE VIA A SECURE WEB-BASED PORTAL, FROM ANYWHERE AT ANY TIME. THE DMR PLATFORM LEVERAGES INTELLIGENT DOCUMENT PROCESSING (IDP) TO SIGNIFICANTLY IMPROVE EFFICIENCY AND ACCELERATE DIGITAL TRANSFORMATION FOR HMO'S BUSINESS COMMUNICATION WITH ITS 200,000 MEMBERS.
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EXELA TECHNOLOGIES EXPANDS RELATIONSHIP WITH A LEADING HEALTH MAINTENANCE ORGANIZATION (HMO)
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2021-09-02 12:54:00
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IRVING, TEXAS, SEPT. 02, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA), A LEADING PROVIDER OF BUSINESS PROCESS AUTOMATION SOLUTIONS, TODAY ANNOUNCED THAT IT HAS BEEN RECOGNIZED AS A ‘MAJOR CONTENDER' IN EVEREST GROUP'S FINANCE & ACCOUNTING OUTSOURCING 2021 PEAK MATRIX®. THIS IS THE FOURTH CONSECUTIVE YEAR THAT EXELA HAS BEEN NAMED A ‘MAJOR CONTENDER' IN EVEREST GROUP'S REPORT, WHICH ASSESSES THE OVERALL VISION AND CAPABILITY, AND MARKET IMPACT OF SERVICE PROVIDERS IN THE FINANCE AND ACCOUNTING OUTSOURCING SERVICES INDUSTRY.
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EXELA TECHNOLOGIES ANNOUNCES RECOGNITION AS A ‘MAJOR CONTENDER' IN EVEREST GROUP'S FINANCE & ACCOUNTING OUTSOURCING 2021 PEAK MATRIX®
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2021-08-12 08:30:00
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VENDORS SELECTED FOR THE “HOT VENDOR” REPORT ARE NOTEWORTHY, VISIONARY, AND INNOVATIVE VENDORS SELECTED FOR THE “HOT VENDOR” REPORT ARE NOTEWORTHY, VISIONARY, AND INNOVATIVE
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EXELA TECHNOLOGIES NAMED “HOT VENDOR” BY ARAGON RESEARCH INC.
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2021-06-25 13:00:00
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IRVING, TEXAS, JUNE 25, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR “THE COMPANY”) (NASDAQ: XELA), A GLOBAL BUSINESS PROCESS AUTOMATION (BPA) LEADER, TODAY ANNOUNCED THAT U.S. DISTRICT JUDGE SYDNEY A. FITZWATER HAS GRANTED EXELA'S MOTION TO DISMISS IN ITS ENTIRETY THE TEXAS FEDERAL SECURITIES CLASS ACTION SUIT FILED MARCH 2020.
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COURT GRANTS EXELA'S MOTION TO DISMISS CLASS ACTION LAWSUIT
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2021-06-14 13:05:00
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IRVING, TEXAS, JUNE 14, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR THE “COMPANY”) (NASDAQ: XELA), A GLOBAL BUSINESS PROCESS AUTOMATION (BPA) LEADER, ANNOUNCED TODAY A FIRESIDE CHAT WEBCAST HOSTED BY CANTOR FITZGERALD'S JOSH SIEGLER THAT TOOK PLACE ON JUNE 11, 2021.
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EXELA TECHNOLOGIES, INC. ANNOUNCES FIRESIDE CHAT WEBCAST HOSTED BY CANTOR FITZGERALD
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2021-06-11 08:08:00
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IRVING, TEXAS, JUNE 11, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA) HAS BEEN NAMED A LEADER IN NELSONHALL'S HEALTHCARE PAYER BPS NEAT VENDOR EVALUATION FOR 2021. EXELA WAS NAMED A LEADER IN FOUR AREAS: OVERALL CAPABILITY, PLAN DESIGN & ENROLLMENT CAPABILITY, MEMBER SERVICES CAPABILITY, AND OPERATIONS TRANSFORMATION CAPABILITY. ADDITIONALLY, EXELA WAS RANKED AS A HIGH ACHIEVER FOR CLAIMS & BILLING CAPABILITY AND PROVIDER MANAGEMENT CAPABILITY.
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EXELA TECHNOLOGIES NAMED A LEADER IN NELSONHALL'S HEALTHCARE PAYER BPS NEAT VENDOR EVALUATION
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2021-03-16 08:30:00
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5 CONSECUTIVE QUARTERS OF REVENUE GUIDANCE ACHIEVED 4Q NET LOSS $88.9 MILLION, 2020 NET LOSS $178.5 MILLION 4Q ADJUSTED EBITDA $37.2 MILLION, 2020 ADJUSTED EBITDA $173.4 MILLION DIGITAL ASSETS ACCELERATE TO 8% OF 2020 REVENUE ADDED $182 MILLION OF ACV INCLUDING 14 NEW LOGOS IN 2020 RECENTLY ANNOUNCED FIRST CLOUD BASED PCH GLOBAL CONTRACT VALUED AT $90 MILLIONADDING $26.8 MILLION TO MARCH 12 LIQUIDITY LEVELS(1)
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EXELA TECHNOLOGIES, INC. REPORTS PRELIMINARY FOURTH QUARTER AND FULL YEAR 2020 RESULTS
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2021-02-18 08:30:00
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IRVING, TEXAS, FEB. 18, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR “THE COMPANY”) (NASDAQ: XELA), A GLOBAL BUSINESS PROCESS AUTOMATION (BPA) LEADER, TODAY ANNOUNCED THE LAUNCH OF THE INTELLISCAN RAPTOR SCANNER, WHICH IS THE LATEST ADDITION TO EXELA'S LINE OF INDUSTRY-LEADING DOCUMENT DIGITIZATION AND DATA EXTRACTION PLATFORMS.
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EXELA TECHNOLOGIES LAUNCHES THE INTELLISCAN RAPTOR, A VERSATILE HIGH-SPEED ENTERPRISE SCANNING PLATFORM WITH A UNIQUE COMPACT DESIGN
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2021-01-25 08:50:00
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IRVING, TEXAS, JAN. 25, 2021 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA” OR “COMPANY”) (NASDAQ: XELA), A LOCATION-AGNOSTIC GLOBAL BUSINESS PROCESS AUTOMATION (BPA) LEADER, ANNOUNCED THAT ITS BOARD OF DIRECTORS HAS APPROVED A 1-FOR-3 REVERSE STOCK SPLIT OF THE COMPANY'S COMMON STOCK, WHICH WILL BE EFFECTIVE AT 5:00 P.M. EASTERN TIME ON MONDAY, JANUARY 25, 2021. EXELA'S BOARD OF DIRECTORS APPROVED THE SPLIT AND DETERMINED THE 1-FOR-3 RATIO TO BE APPROPRIATE TO MEET EXELA'S GOALS OF IMPROVING THE MARKETABILITY AND LIQUIDITY OF ITS COMMON STOCK, COMPLIANCE WITH NASDAQ LISTING REQUIREMENTS AND CONTINUED FOCUS BY THE COMPANY'S MANAGEMENT TEAM ON THE INITIATIVES UNDERWAY TO STRENGTHEN ITS BALANCE SHEET AND IMPROVE SHAREHOLDER VALUE.
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EXELA TECHNOLOGIES ANNOUNCES 1 FOR 3 REVERSE STOCK SPLIT
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2020-12-17 17:04:00
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IRVING, TEXAS, DEC. 17, 2020 (GLOBE NEWSWIRE) -- EXELA TECHNOLOGIES, INC. (“EXELA”) (NASDAQ: XELA), A LOCATION-AGNOSTIC GLOBAL BUSINESS PROCESS AUTOMATION LEADER, ANNOUNCED THAT IT HAS ENTERED INTO A 5-YEAR, $145 MILLION TERM LOAN FACILITY WITH ANGELO GORDON, A GLOBAL ALTERNATIVE INVESTMENT FIRM. THE FACILITY PROVIDES FOR AN INITIAL FUNDING OF APPROXIMATELY $92 MILLION AND SUBJECT TO CERTAIN CONDITIONS A FURTHER FUNDING OF APPROXIMATELY $53 MILLION. A PORTION OF THE PROCEEDS FROM THE INITIAL FUNDING WILL BE USED TO RETIRE ALL DEBT OUTSTANDING UNDER EXELA'S ACCOUNTS RECEIVABLES SECURITIZATION FACILITY OF APPROXIMATELY $83 MILLION. LIQUIDITY, AS DETERMINED IN ACCORDANCE WITH THE FIRST LIEN CREDIT AGREEMENT, DATED AS OF JULY 12, 2017, AS AMENDED, TO WHICH EXELA'S SUBSIDIARIES ARE PARTY, WILL BE GREATER THAN $140 MILLION ASSUMING FULL FUNDING UNDER THE NEW FACILITY. ON THAT BASIS, THE COMPANY'S PREVIOUSLY ANNOUNCED STRATEGIC INITIATIVE TO IMPROVE LIQUIDITY TO APPROXIMATELY $150 MILLION WILL BE SUBSTANTIALLY ACHIEVED. THE COMPANY'S FILED 8-K INCLUDES ADDITIONAL TRANSACTION DETAILS.
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EXELA TECHNOLOGIES SECURES TERM LOAN OF $145 MILLION
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2020-09-15 11:30:00
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EXELA TECHNOLOGIES AND GENERAL DYNAMICS AWARDED CONTRACT TASK ORDER BY U.S. DEPARTMENT OF VETERANS AFFAIRS.EXELA TECHNOLOGIES INC - VA SELECTED 6 CONTRACTORS FOR $2 BILLION UMBRELLA CONTRACT AWARD, EXELA AND GDIT SELECTED TO SERVE VA UNDER FCS TASK ORDER.EXELA TECHNOLOGIES INC - NEW FCS PROGRAM HAS A POTENTIAL VALUE OF NEARLY $188 MILLION THAT COMMENCES IN COMING Q4 2020, AND THEREAFTER OVER A 5-YEAR TERM.
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EXELA, GENERAL DYNAMICS AWARDED CONTRACT TASK ORDER BY U.S. DEPARTMENT OF VETERANS AFFAIRS
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2020-08-10 19:30:00
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EXELA TECHNOLOGIES, INC. REPORTS SECOND QUARTER 2020 RESULTS.SEES Q3 2020 REVENUE $305 MILLION TO $312 MILLION.Q2 REVENUE FELL 21.3 PERCENT TO $307.7 MILLION.QTRLY LOSS PER SHARE $0.34.MAINTAINED SUSPENSION OF PROVIDING FINANCIAL GUIDANCE FOR FULL YEAR 2020.CONTINUES TO EXPECT THAT GROSS PROFIT MARGINS WILL INCREASE POST COVID-19 DOWNDRAFT AS VOLUMES NORMALIZE.
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EXELA TECHNOLOGIES REPORTS QTRLY LOSS PER SHARE $0.34
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2020-06-30 19:30:00
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EXELA TECHNOLOGIES, INC. REPORTS FIRST QUARTER 2020 RESULTS.SEES Q2 2020 REVENUE $300 MILLION TO $305 MILLION.Q1 REVENUE FELL 9.6 PERCENT TO $365.5 MILLION.DELAYED PROVIDING FINANCIAL GUIDANCE FOR FULL YEAR 2020.QTRLY LOSS PER SHARE $0.08.EXPECT THAT THE COVID-19 PANDEMIC WILL IMPACT OUR 2020 PERFORMANCE.
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EXELA TECHNOLOGIES REPORTS QTRLY LOSS PER SHARE $0.08
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2020-06-25 20:30:00
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EXELA TECHNOLOGIES INC - EXPECTS TO REPORT REVENUE OF ABOUT $365.6 MILLION FOR 3 MONTHS ENDED MARCH 31.EXELA TECHNOLOGIES INC - EXPECTS TO REPORT NET LOSS OF ABOUT $11.6 MILLION FOR 3 MONTHS ENDED MARCH 31.EXELA TECHNOLOGIES FILES FOR NON-TIMELY 10-Q - SEC FILING.
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EXELA TECHNOLOGIES EXPECTS TO REPORT REVENUE OF ABOUT $365.6 MLN FOR 3 MONTHS ENDED MARCH 31
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2020-06-09 09:30:00
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EXELA TECHNOLOGIES, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS.SEES Q1 2020 REVENUE $362 MILLION TO $365 MILLION.Q4 REVENUE FELL 1.5 PERCENT TO $393.6 MILLION.EXPECTS TO REPORT Q1 2020 REVENUE IN RANGE OF $362-$365.0 MILLION.DELAYING PROVIDING FINANCIAL GUIDANCE FOR FULL YEAR 2020.
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EXELA TECHNOLOGIES SAYS Q4 REVENUE FELL 1.5% TO $393.6 MLN
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2020-05-21 19:30:00
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EXELA TECHNOLOGIES, INC. ANNOUNCES CFO TRANSITION.EXELA TECHNOLOGIES INC - SHRIKANT SORTUR HAS BEEN PROMOTED TO CHIEF FINANCIAL OFFICER.EXELA TECHNOLOGIES INC - JIM REYNOLDS, WHO HAS SERVED AS CFO SINCE 2017, WILL REMAIN A NON-EMPLOYEE MEMBER OF COMPANY'S BOARD OF DIRECTORS.
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EXELA TECHNOLOGIES APPOINTS SHRIKANT SORTUR AS CFO
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2020-03-25 11:30:00
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GAINLINE CAPITAL PARTNERS ANNOUNCES ACQUISITION OF SOURCEHOV TAX.GAINLINE CAPITAL PARTNERS - HAS ACQUIRED SOURCEHOV TAX FROM EXELA TECHNOLOGIES, INC IN A CARVE OUT TRANSACTION.
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GAINLINE CAPITAL PARTNERS ANNOUNCES ACQUISITION OF SOURCEHOV TAX
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2020-03-17 20:30:00
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EXELA TECHNOLOGIES SAYS TO RESTATE FINANCIAL STATEMENTS FOR YEARS ENDED DECEMBER 31, 2017 AND 2018 AND INTERIM PERIODS THROUGH SEPTEMBER 30, 2019.EXELA TECHNOLOGIES SAYS TO RESTATE PREVIOUS RESULTS TO RECORD LIABILITIES RANGING FROM $36 TO $43 MILLION AS OF DECEMBER 31, 2017.EXELA TECHNOLOGIES SAYS AS OF MARCH 16, 2020, THE COMPANY HAD CASH ON HAND AND AVAILABLE BORROWINGS OF APPROXIMATELY $100 MILLION.EXELA TECHNOLOGIES - NEEDS ADDITIONAL TIME TO COMPLETE EVALUATION OF ABILITY TO CONTINUE AS GOING CONCERN AS PART OF COMPLETION OF FINANCIAL STATEMENTS.EXELA TECHNOLOGIES - FINANCIAL STATEMENTS FOR YEARS 2017 AND 2018 AND INTERIM PERIODS THROUGH SEPTEMBER 30, 2019 SHOULD NOT BE RELIED UPON.
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EXELA TECHNOLOGIES SAYS CO TO RESTATE FINANCIAL STATEMENTS FOR YEARS ENDED DECEMBER 31, 2017 AND 2018
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2019-12-04 22:30:00
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EXELA TECHNOLOGIES, INC. ANNOUNCED APPOINTMENT OF J. COLEY CLARK TO ITS BOARD OF DIRECTORS. EFFECTIVE DECEMBER 2, 2019. MR. CLARK CURRENTLY SERVES ON THE BOARD OF DIRECTORS OF MONEYGRAM INTERNATIONAL, INC., AND IS THE RETIRED CHIEF EXECUTIVE OFFICER AND CHAIRMAN OF THE BOARD OF BANCTEC, INC., A GLOBAL PROVIDER OF DOCUMENT AND PAYMENT PROCESSING SOLUTIONS. MR. CLARK RETIRED FROM EDS, AN OUTSOURCING SERVICES COMPANY THAT WAS ACQUIRED BY HEWLETT-PACKARD IN 2008, AS SENIOR VICE PRESIDENT AND HEAD OF THE FINANCIAL AND TRANSPORTATION INDUSTRY GROUP. STARTING AT EDS IN 1971 IN THE SYSTEMS ENGINEERING DEVELOPMENT PROGRAM, HE PROGRESSED THROUGH A VARIETY OF ROLES. IN ADDITION, MR. CLARK SERVED THREE YEARS IN THE U.S. ARMY, ATTAINING THE RANK OF CAPTAIN, AND SERVED AS A COMPANY COMMANDER IN EUROPE AND SOUTHEAST ASIA.
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EXELA TECHNOLOGIES, INC. ANNOUNCES APPOINTMENT OF J. COLEY CLARK TO BOARD OF DIRECTORS
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2019-11-27 22:30:00
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EXELA TECHNOLOGIES INC - RECEIVED LETTER FROM NASDAQ SAYING CO WAS NO LONGER MEETING REQUIREMENT OF LISTING RULE.
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EXELA TECH RECEIVES LETTER SAYING IT WAS NOT MEETING LISTING RULE REQUIREMENT
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2019-11-12 19:30:00
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EXELA TECHNOLOGIES, INC. REPORTS THIRD QUARTER 2019 RESULTS.SEES FY 2019 REVENUE $1.55 BILLION TO $1.56 BILLION.Q3 REVENUE FELL 2.6 PERCENT TO $372.9 MILLION.SEES FY 2019 REVENUE RANGE OF $1.55 BILLION TO $1.56 BILLION.SEES FY 2019 ADJUSTED EBITDA RANGE OF $255 MILLION TO $265 MILLION.SEES FY 2019 CAPITAL EXPENDITURES AS PERCENT OF REVENUE OF APPROXIMATELY 2.5%.QUARTERLY LOSS PER SHARE $0.89.
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EXELA TECHNOLOGIES REPORTS THIRD QUARTER 2019 RESULTS
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2019-11-11 22:30:00
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EXELA TECHNOLOGIES, INC. UPDATED EARNINGS GUIDANCE FOR THE YEAR 2019. THE COMPANY EXPECTS REVENUE RANGE OF $1.55 BILLION TO $1.56 BILLION.FOR THE THIRD QUARTER, THE COMPANY REPORTED IMPAIRMENT OF GOODWILL AND OTHER INTANGIBLE ASSETS WAS $99,682,000.
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EXELA TECHNOLOGIES, INC. UPDATES EARNINGS GUIDANCE FOR THE YEAR 2019; REPORTS UNAUDITED IMPAIRMENT OF GOODWILL AND OTHER INTANGIBLE ASSETS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2019
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2019-10-29 22:30:00
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ON OCTOBER 25, 2019, NATHANIEL LIPMAN, AND ON OCTOBER 28, 2019, JOSHUA BLACK AND MATTHEW NORD, RESIGNED FROM THE BOARD OF DIRECTORS OF EXELA TECHNOLOGIES, INC. AND ALL COMMITTEES OF THE BOARD, EFFECTIVE IMMEDIATELY.
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EXELA TECHNOLOGIES, INC. ANNOUNCES BOARD CHANGES
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2019-10-28 22:30:00
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ON OCTOBER 25, 2019, NATHANIEL LIPMAN, AND ON OCTOBER 28, 2019, JOSHUA BLACK AND MATTHEW NORD, RESIGNED FROM THE BOARD OF DIRECTORS (THE “BOARD”) OF EXELA TECHNOLOGIES, INC. (THE “COMPANY”) AND ALL COMMITTEES OF THE BOARD, EFFECTIVE IMMEDIATELY. THE COMPANY NOTIFIED NASDAQ THAT AS A RESULT OF MR. LIPMAN’S RESIGNATION FROM THE COMPANY’S BOARD, THE COMPANY WAS NO LONGER IN COMPLIANCE WITH NASDAQ LISTING RULE 5605(C)(2)(A), WHICH REQUIRES THE COMPANY’S AUDIT COMMITTEE TO BE COMPOSED OF AT LEAST THREE INDEPENDENT DIRECTORS, AND NASDAQ LISTING RULE 5605(D)(2)(A), WHICH REQUIRES THE COMPANY’S COMPENSATION COMMITTEE TO BE COMPOSED OF AT LEAST TWO INDEPENDENT DIRECTORS. PURSUANT TO NASDAQ LISTING RULE 5605(C)(4)(B), THE COMPANY IS ENTITLED TO A CURE PERIOD TO REGAIN COMPLIANCE WITH LISTING RULE 5605(C)(2)(A), WHICH CURE PERIOD WILL EXPIRE UPON (1) THE EARLIER OF THE COMPANY’S NEXT ANNUAL STOCKHOLDERS’ MEETING OR ONE YEAR FROM THE DATE OF THE APPLICABLE DIRECTOR RESIGNATION; OR (2) IF THE NEXT ANNUAL STOCKHOLDERS MEETING IS HELD ON OR BEFORE APRIL 27, 2020, THEN THE COMPANY MUST EVIDENCE COMPLIANCE NO LATER THAN APRIL 27, 2020. PURSUANT TO NASDAQ LISTING RULE 5605(D)(4), THE COMPANY IS ENTITLED TO A CURE PERIOD TO REGAIN COMPLIANCE WITH LISTING RULE 5605(D)(2)(A), WHICH CURE PERIOD WILL EXPIRE UPON (1) THE EARLIER OF THE COMPANY’S NEXT ANNUAL STOCKHOLDERS’ MEETING OR ONE YEAR FROM THE DATE OF THE APPLICABLE DIRECTOR RESIGNATION; OR (2) IF THE NEXT ANNUAL STOCKHOLDERS MEETING IS HELD ON OR BEFORE APRIL 27, 2020, THEN THE COMPANY MUST EVIDENCE COMPLIANCE NO LATER THAN APRIL 27, 2020. ON OCTOBER 29, 2019, NASDAQ ISSUED A LETTER TO THE COMPANY CONFIRMING THE COMPANY’S NONCOMPLIANCE WITH THE AUDIT COMMITTEE AND COMPENSATION COMMITTEE COMPOSITION REQUIREMENTS OF NASDAQ LISTING RULE 5605(C)(2)(A) AND NASDAQ LISTING RULE 5605(D)(2)(A) AND THE CURE PERIOD BY WHICH THE COMPANY MUST REGAIN COMPLIANCE. THE BOARD EXPECTS TO BE COMPLIANT WITH THE AUDIT COMMITTEE AND COMPENSATION COMMITTEE COMPOSITION REQUIREMENTS OF NASDAQ LISTING RULE 5605(C)(2)(A) AND NASDAQ LISTING RULE 5605(D)(2)(A) BY OR BEFORE THE END OF THE CURE PERIOD.
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EXELA TECHNOLOGIES RECEIVES NON-COMPLIANCE NOTICE FROM NASDAQ
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2019-10-22 22:30:00
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EXELA TECHNOLOGIES, INC., Q3 2019 EARNINGS CALL, NOV 12, 2019
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EXELA TECHNOLOGIES, INC., Q3 2019 EARNINGS CALL, NOV 12, 2019
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2019-10-21 22:30:00
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EXELA TECHNOLOGIES, INC. ANNOUNCED THAT THEY WILL REPORT Q3, 2019 RESULTS AT 9:30 PM, GMT STANDARD TIME ON NOV 12, 2019
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EXELA TECHNOLOGIES, INC. TO REPORT Q3, 2019 RESULTS ON NOV 12, 2019
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2019-10-03 22:30:00
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EXELA TECHNOLOGIES, INC. (‘EXELA’) ANNOUNCED THAT, TOGETHER WITH GENERAL DYNAMICS INFORMATION TECHNOLOGIES (‘GDIT’), IT HAS BEEN SELECTED BY THE U.S. DEPARTMENT OF VETERANS AFFAIRS (‘VA’) TO PROVIDE SERVICES UNDER THE VA’S NEW $2 BILLION VETERANS INTAKE, CONVERSION, AND COMMUNICATION SERVICES (‘VICCS’) PROGRAM. EXELA AND GDIT TEAMED TO BID FOR THE VICCS PROJECT AND HAVE BEEN SELECTED AS ONE OF SIX RECIPIENTS OF AN AWARD FROM THE VA. THE CONTRACTS WITH EXELA AND GDIT WILL HAVE A MAXIMUM POTENTIAL VALUE OF $900 MILLION OVER A 5-YEAR TERM AND REPRESENTS THE LARGEST POTENTIAL CONTRACT IN EXELA’S HISTORY. THIS AWARD PROMISES TO EXPAND EXELA’S CURRENT ROLE IN ASSISTING WITH VETERANS’ BENEFITS CLAIMS NATIONWIDE AND IS THE CONSEQUENCE OF MANY YEARS OF INVESTMENT BY EXELA IN DIGITAL HEALTHCARE TECHNOLOGIES AND SERVICES TO HELP BETTER SERVE ITS COUNTRY’S VETERANS. THE AWARD BUILDS ON AN EXISTING RELATIONSHIP BETWEEN EXELA AND GDIT, IN WHICH GDIT INITIALLY SELECTED EXELA TO ASSIST WITH DATA INTAKE AND AUTOMATED BUSINESS PROCESS SOLUTIONS FOR A VA CONTRACT AWARDED IN 2015 HANDLING SOME OF THE VA’S MOST CHALLENGING CLAIMS BENEFITS TASKS WITHIN THE DEPARTMENT.
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U.S. DEPARTMENT OF VETERANS AFFAIRS SELECT EXELA TECHNOLOGIES, INC. AND GENERAL DYNAMICS INFORMATION TECHNOLOGIES FOR $2 BILLION PROGRAM
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XELA
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2019-09-29 22:30:00
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EXELA TECHNOLOGIES, INC. ANNOUNCED ITS PARTNERSHIP WITH VOCALINK TO DELIVER A REQUEST TO PAY SOLUTION IN THE UK. THE SOLUTION IS A CORE COMPONENT OF PAY.UK’S NEW PAYMENT ARCHITECTURE, ITS NEW CONCEPTUAL MODEL FOR THE FUTURE DEVELOPMENT OF THE UK’S SHARED RETAIL PAYMENT INFRASTRUCTURE. SET TO LAUNCH IN FIRST QUARTER 2020, REQUEST TO PAY ENABLES CONSUMERS TO ELECTRONICALLY RECEIVE PAYMENT REQUESTS, VIEW BILLS, AND MAKE REAL-TIME BILL PAYMENTS—ALL IN ONE PLACE. REQUEST TO PAY SERVES AS A SECURE, UNIFIED MESSAGING SERVICE, ENABLING USERS TO COMMUNICATE BEFORE BILL PAYMENT TAKES PLACE. USER BENEFITS INCLUDE THE SIMPLIFICATION OF THE PAYMENT PROCESS, INCREASED TRANSPARENCY INTO HOW AND WHEN BILLS ARE PAID, AND COST SAVINGS RELATED TO INCREASED STRAIGHT THROUGH PROCESSING AND SIMPLER RECONCILIATION THROUGH GREATER USE OF STRUCTURED DATA.
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EXELA TECHNOLOGIES, INC. PARTNERS WITH MASTERCARD ON UK REQUEST TO PAY SOLUTION
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2023-06-29 08:00:00
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NEW YORK, JUNE 29, 2023 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY WITH OVER $4 BILLION IN RETAIL SALES GENERATED BY ITS BRANDS THROUGH LIVESTREAMING ALONE AND OVER 10,000 HOURS OF SHOW PROGRAMMING TIME, TODAY ANNOUNCED THAT IT RECEIVED A NOTIFICATION LETTER FROM THE LISTING QUALIFICATIONS DEPARTMENT OF THE NASDAQ STOCK MARKET ON JUNE 28, 2023, NOTIFYING THE COMPANY THAT IT HAD REGAINED COMPLIANCE WITH THE MINIMUM BID PRICE REQUIREMENT. XCEL BRANDS IS NOW IN COMPLIANCE WITH ALL APPLICABLE LISTING STANDARDS AND WILL CONTINUE TO BE LISTED AND TRADED ON THE NASDAQ CAPITAL MARKET.
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XCEL BRANDS, INC. REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT
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2023-06-06 07:09:00
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NEW YORK--(BUSINESS WIRE)--XCEL BRANDS, INC. (NASDAQ: XELB), A MEDIA AND CONSUMER PRODUCTS COMPANY, TODAY ANNOUNCED A MASTER LICENSING PARTNERSHIP WITH G-III APPAREL GROUP, LTD. (NASDAQGS: GIII), A GLOBAL EXPERT IN DESIGN, SOURCING, DISTRIBUTION AND MARKETING. UNDER THIS NEW AGREEMENT, G-III WILL DESIGN AND PRODUCE ALL CATEGORIES AND DISTRIBUTE PRODUCTS GLOBALLY FOR THE HALSTON BUSINESS AND ALL OF ITS BRANDS.
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XCEL BRANDS AND G-III APPAREL GROUP, LTD. ANNOUNCE HALSTON MASTER LICENSING PARTNERSHIP UNDER NEW 25-YEAR AGREEMENT
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2023-05-18 16:45:00
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NEW YORK, MAY 18, 2023 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY WITH OVER $4 BILLION IN RETAIL SALES GENERATED BY ITS BRANDS THROUGH LIVESTREAMING ALONE AND OVER 10,000 HOURS OF SHOW PROGRAMMING TIME, TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2023. THE COMPANY ALSO PROVIDED UPDATES ON ITS STRATEGIC TRANSFORMATION EFFORTS TO DATE.
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XCEL BRANDS, INC. ANNOUNCES FIRST QUARTER 2023 RESULTS
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2023-04-17 16:57:00
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NEW YORK, APRIL 17, 2023 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY WITH OVER $4 BILLION IN RETAIL SALES UNDER ITS BRANDS AND 10,000 HOURS OF LIVESTREAM PROGRAMMING TIME, TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FISCAL YEAR ENDED DECEMBER 31, 2022. THE COMPANY ALSO ANNOUNCED THAT IT HAS FINALIZED LICENSING AND JOINT VENTURE AGREEMENTS TO REDUCE OPERATING COSTS BY OVER $10 MILLION ANNUALIZED, WHILE CREATING A HIGHLY PROFITABLE AND ASSET LIGHT BUSINESS MODEL. AS A RESULT, THE COMPANY PLANS TO UPDATE SHAREHOLDERS VIA A LIVE CONFERENCE CALL AND WEBCAST. DETAILS OF THE CONFERENCE CALL AND WEBCAST WILL BE PROVIDED IN THE COMING WEEKS.
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XCEL BRANDS, INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2022 RESULTS
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2023-04-14 15:37:00
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NEW YORK--(BUSINESS WIRE)--XCEL BRANDS, INC. (NASDAQ: XELB), A MEDIA AND CONSUMER PRODUCTS COMPANY WITH BILLIONS OF DOLLARS IN RETAIL SALES THROUGH LIVESTREAM SHOPPING, TODAY ANNOUNCED A STRATEGIC LICENSING PARTNERSHIP WITH ONE JEANSWEAR GROUP (OJG). UNDER THE NEW AGREEMENT, OJG WILL DESIGN AND PRODUCE APPAREL PRODUCTS FOR XCEL'S C. WONDER BY CHRISTIAN SIRIANO BRAND, BEGINNING WITH ITEMS SHIPPING FOR THE FALL 2023 SEASON. THE NEW AGREEMENT MARKS AN EXPANSION OF XCEL'S PARTNERSHIP WITH OJG, WHICH ALSO MANUFACTURES LOGO BY LORI GOLDSTEIN APPAREL PRODUCTS UNDER LICENSE FROM XCEL.
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XCEL BRANDS ANNOUNCES STRATEGIC LICENSING PARTNERSHIP WITH ONE JEANSWEAR GROUP
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2023-04-14 10:02:00
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NEW YORK--(BUSINESS WIRE)--XCEL BRANDS, INC. AND JTV® ANNOUNCED A NEW LICENSING AGREEMENT THAT WILL SEE JUDITH RIPKA FINE JEWELRY SOLD ON JTV.COM.
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XCEL BRANDS AND JTV® ANNOUNCE NEW LICENSING AGREEMENT
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XELB
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2022-12-01 10:27:00
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NEW YORK & GOLD COAST, AUSTRALIA--( BUSINESS WIRE )--HALSTON, A DIVISION OF XCEL BRANDS AND ONE OF THE MOST ICONIC NAMES IN AMERICAN FASHION, TODAY ANNOUNCED A COLLABORATION WITH AUSTRALIAN LUXURY SLEEPWEAR BRAND, HOMEBODII. THE 12-PIECE CAPSULE COLLECTION WILL LAUNCH NOVEMBER 30 ON HALSTON.COM AND WITH SELECT AUSTRALIAN RETAILERS, INCLUDING DAVID JONES. HOMEBODII X HALSTON MARKS THE FIRST COLLABORATION FOR THE HALSTON BRAND UNDER ITS NEW CREATIVE DIRECTOR, KEN DOWNING.
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HALSTON ANNOUNCES SLEEPWEAR COLLABORATION WITH HOMEBODII
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2022-09-16 10:32:00
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NEW YORK--(BUSINESS WIRE)--XCEL BRANDS, INC. (NASDAQ: XELB) TODAY ANNOUNCED THE LAUNCH OF C. WONDER BY CHRISTIAN SIRIANO.
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XCEL BRANDS ANNOUNCES LAUNCH OF C. WONDER BY CHRISTIAN SIRIANO
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
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2022-08-15 08:05:00
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NEW YORK, AUG. 15, 2022 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY WITH SIGNIFICANT EXPERTISE IN LIVESTREAM SHOPPING, TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2022.
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XCEL BRANDS, INC. ANNOUNCES SECOND QUARTER 2022 RESULTS
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XELB
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2022-07-21 08:00:00
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NEW YORK--(BUSINESS WIRE)--XCEL BRANDS TODAY ANNOUNCED THAT IT HAS APPOINTED KEN DOWNING AS CREATIVE DIRECTOR OF THE HALSTON BRAND, EFFECTIVE AUGUST 1, 2022.
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XCEL BRANDS APPOINTS KEN DOWNING AS CREATIVE DIRECTOR FOR HALSTON
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XELB
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2022-05-31 15:00:00
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NEW YORK--(BUSINESS WIRE)--XCEL BRANDS, INC. AND WHP GLOBAL TODAY ANNOUNCED THAT WHP WILL PURCHASE A CONTROLLING 70% INTEREST IN FASHION BRAND ISAAC MIZRAHI.
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WHP GLOBAL ACQUIRES CONTROLLING STAKE IN ISAAC MIZRAHI® FASHION BRAND FROM XCEL BRANDS
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2022-05-23 16:05:00
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NEW YORK, MAY 23, 2022 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY WITH SIGNIFICANT EXPERTISE IN LIVESTREAM SHOPPING, TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2022.
|
XCEL BRANDS, INC. ANNOUNCES FIRST QUARTER 2022 RESULTS
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2022-04-14 08:34:00
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NEW YORK, APRIL 14, 2022 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY, TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE FOURTH QUARTER ENDED DECEMBER 31, 2021.
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XCEL BRANDS, INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2021 RESULTS EXPECTS GROWTH ACROSS ITS BUSINESSES IN 2022 DRIVEN BY LIVESTREAM SHOPPING
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2021-08-12 16:31:00
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NEW YORK, AUG. 12, 2021 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY, TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2021.
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XCEL BRANDS, INC. ANNOUNCES SECOND QUARTER 2021 RESULTS
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2021-08-09 17:00:00
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NEW YORK, AUG. 09, 2021 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY, TODAY ANNOUNCED THAT IT WILL REPORT ITS SECOND QUARTER 2021 FINANCIAL RESULTS AFTER THE MARKET CLOSES ON AUGUST 12, 2021. THE COMPANY WILL HOLD A CONFERENCE CALL WITH THE INVESTMENT COMMUNITY AT 5:00 P.M. EASTERN TIME THAT DAY.
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XCEL BRANDS TO REPORT SECOND QUARTER 2021 FINANCIAL RESULTS ON AUGUST 12, 2021
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2021-07-19 10:18:00
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NEW YORK, JULY 19, 2021 /PRNEWSWIRE/ -- LONGABERGER, A SOCIAL COMMERCE RETAILER AND AMERICAN HOME GOODS BRAND KNOWN FOR ARTISANAL HANDCRAFTED PRODUCTS, TODAY ANNOUNCED THEY WILL BE HOSTING AN IN-PERSON HOMECOMING EVENT IN COLUMBUS, OHIO. THE CELEBRATORY EVENT WILL BRING TOGETHER CURRENT AND PAST LONGABERGER HOME AND LIFE STYLISTS, MEMBERS OF THE LOCAL COMMUNITY, AND FANS OF THE BRAND, TO PAY TRIBUTE TO THE 125TH ANNIVERSARY OF THE BRAND'S ORIGIN.
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LONGABERGER TO HOST REIMAGINED HERITAGE HOMECOMING EVENT IN COLUMBUS, OHIO
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2021-06-11 08:00:00
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NEW YORK, JUNE 11, 2021 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY, IS SET TO JOIN THE RUSSELL MICROCAP® INDEX AT THE CONCLUSION OF THE 2021 RUSSELL INDEXES ANNUAL RECONSTITUTION, EFFECTIVE AFTER THE U.S. MARKET OPENS ON JUNE 28, ACCORDING TO A PRELIMINARY LIST OF ADDITIONS POSTED JUNE 4.
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XCEL BRANDS SET TO JOIN RUSSELL MICROCAP® INDEX
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2021-06-01 19:08:00
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NEW YORK, JUNE 1, 2021 /PRNEWSWIRE/ -- XCEL BRANDS , INC. (NASDAQ: XELB), A MEDIA AND CONSUMER PRODUCTS COMPANY ENGAGED IN THE DESIGN, PRODUCTION, MARKETING, WHOLESALE, AND DIRECT-TO-CONSUMER SALES OF BRANDED APPAREL, FOOTWEAR, ACCESSORIES, JEWELRY, HOME GOODS AND OTHER CONSUMER PRODUCTS, TODAY ANNOUNCES HEATHER BOGEN WILL JOIN THE COMPANY AS THE PRESIDENT OF WHOLESALE APPAREL. BOGEN WILL SUPPORT XCEL BRANDS' SUCCESSFUL ACQUISITION OF DYNAMIC CONSUMER LIFESTYLE BRANDS THROUGH HER EXTENSIVE EXPERTISE IN THE FASHION INDUSTRY.
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XCEL BRANDS ANNOUNCES PRESIDENT OF WHOLESALE APPAREL
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2021-05-13 16:15:00
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NEW YORK, MAY 13, 2021 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY, TODAY ANNOUNCED THAT IT WILL REPORT ITS FIRST QUARTER 2021 FINANCIAL RESULTS AFTER THE MARKET CLOSES ON MAY 17, 2021. THE COMPANY WILL HOLD A CONFERENCE CALL WITH THE INVESTMENT COMMUNITY AT 5:00 P.M. EASTERN TIME THAT DAY.
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XCEL BRANDS TO REPORT FIRST QUARTER 2021 FINANCIAL RESULTS ON MAY 17, 2021
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2021-04-22 17:18:00
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NEW YORK, APRIL 22, 2021 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), TODAY ANNOUNCED THAT ON APRIL 16, 2021, IT RECEIVED A DELINQUENCY NOTIFICATION LETTER FROM THE NASDAQ STOCK MARKET LLC ("NASDAQ") INDICATING THAT THE COMPANY WAS NOT IN COMPLIANCE WITH NASDAQ LISTING RULE 5250(C)(1), BECAUSE IT HAD NOT TIMELY FILED ITS ANNUAL REPORT ON FORM 10-K FOR THE FISCAL YEAR ENDED DECEMBER 31, 2020 (THE "FORM 10-K"). THE NASDAQ NOTICE HAS NO IMMEDIATE EFFECT ON THE LISTING OR TRADING OF THE COMPANY'S COMMON STOCK ON THE NASDAQ GLOBAL SELECT MARKET.
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XCEL BRANDS, INC. RECEIVES NASDAQ NOTICE REGARDING LATE FORM 10-K FILING
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84 ZYXI
85 ZYXI
0 ZZZ.TO
1 ZZZ.TO
Name: symbol, Length: 320040, dtype: object
|
2021-04-20 10:00:00
| null |
NEW YORK, APRIL 20, 2021 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY, TODAY ANNOUNCED THAT IT WILL REPORT ITS FOURTH QUARTER 2020 FINANCIAL RESULTS AFTER THE MARKET CLOSES ON APRIL 21, 2021. THE COMPANY WILL HOLD A CONFERENCE CALL WITH THE INVESTMENT COMMUNITY AT 5:00 P.M. EASTERN TIME THAT DAY.
|
XCEL BRANDS TO REPORT FOURTH QUARTER 2020 FINANCIAL RESULTS ON APRIL 21, 2021
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XELB
|
a5c0a04e-eb88-4264-9cb2-fb3140e63537
|
PressRelease
|
Press Release 0 2CRSI.PA
1 2CRSI.PA
2 2CRSI.PA
3 2CRSI.PA
4 2CRSI.PA
...
83 ZYXI
84 ZYXI
85 ZYXI
0 ZZZ.TO
1 ZZZ.TO
Name: symbol, Length: 320040, dtype: object
|
2021-04-15 16:33:00
| null |
LEADING CONSUMER PRODUCTS LIVESTREAMING COMPANY SEES SIGNIFICANT OPPORTUNITIES LEADING CONSUMER PRODUCTS LIVESTREAMING COMPANY SEES SIGNIFICANT OPPORTUNITIES
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XCEL BRANDS ANNOUNCES $100MM REFINANCING AND ACQUISITION FACILITY
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XELB
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a5c0a04e-eb88-4264-9cb2-fb3140e63537
|
PressRelease
|
Press Release 0 2CRSI.PA
1 2CRSI.PA
2 2CRSI.PA
3 2CRSI.PA
4 2CRSI.PA
...
83 ZYXI
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0 ZZZ.TO
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Name: symbol, Length: 320040, dtype: object
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2021-04-15 16:32:00
| null |
NEW YORK, APRIL 15, 2021 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY, TODAY ANNOUNCED THAT IT HAS NOT YET COMPLETED ITS AUDIT FOR THE YEAR ENDED DECEMBER 31, 2020 AND IS POSTPONING THE RELEASE OF ITS 2020 FOURTH QUARTER, FULL YEAR FINANCIAL RESULTS AND FORM 10-K FILING. THE COMPANY ANTICIPATES FILING ITS FORM 10-K ON APRIL 22, 2021 AND EXPECTS TO ISSUE A PRESS RELEASE WITH DETAILS OF THE FOURTH QUARTER CONFERENCE CALL DURING THE WEEK OF APRIL 19.
|
XCEL BRANDS RESCHEDULES FOURTH QUARTER 2020 FINANCIAL RESULTS
|
XELB
|
a5c0a04e-eb88-4264-9cb2-fb3140e63537
|
PressRelease
|
Press Release 0 2CRSI.PA
1 2CRSI.PA
2 2CRSI.PA
3 2CRSI.PA
4 2CRSI.PA
...
83 ZYXI
84 ZYXI
85 ZYXI
0 ZZZ.TO
1 ZZZ.TO
Name: symbol, Length: 320040, dtype: object
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2021-04-13 16:40:00
| null |
NEW YORK, APRIL 13, 2021 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY, TODAY ANNOUNCED THAT IT HAS RESCHEDULED ITS FOURTH QUARTER 2020 FINANCIAL RESULTS TO AFTER THE MARKET CLOSES ON APRIL 15, 2021. THE COMPANY WILL HOLD A CONFERENCE CALL WITH THE INVESTMENT COMMUNITY AT 5:00 P.M. EASTERN TIME THAT DAY.
|
XCEL BRANDS RESCHEDULES FOURTH QUARTER 2020 FINANCIAL RESULTS TO APRIL 15, 2021
|
XELB
|
a5c0a04e-eb88-4264-9cb2-fb3140e63537
|
PressRelease
|
Press Release 0 2CRSI.PA
1 2CRSI.PA
2 2CRSI.PA
3 2CRSI.PA
4 2CRSI.PA
...
83 ZYXI
84 ZYXI
85 ZYXI
0 ZZZ.TO
1 ZZZ.TO
Name: symbol, Length: 320040, dtype: object
|
2021-04-12 07:00:00
| null |
NEW YORK, APRIL 12, 2021 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY, TODAY ANNOUNCED THAT IT WILL REPORT ITS FOURTH QUARTER 2020 FINANCIAL RESULTS AFTER THE MARKET CLOSES ON APRIL 13, 2021. THE COMPANY WILL HOLD A CONFERENCE CALL WITH THE INVESTMENT COMMUNITY AT 5:00 P.M. EASTERN TIME THAT DAY.
|
XCEL BRANDS TO REPORT FOURTH QUARTER 2020 FINANCIAL RESULTS ON APRIL 13, 2021
|
XELB
|
a5c0a04e-eb88-4264-9cb2-fb3140e63537
|
PressRelease
|
Press Release 0 2CRSI.PA
1 2CRSI.PA
2 2CRSI.PA
3 2CRSI.PA
4 2CRSI.PA
...
83 ZYXI
84 ZYXI
85 ZYXI
0 ZZZ.TO
1 ZZZ.TO
Name: symbol, Length: 320040, dtype: object
|
2021-04-05 08:00:00
| null |
NEW YORK, APRIL 5, 2021 /PRNEWSWIRE/ -- XCEL BRANDS , INC. (NASDAQ: XELB) TODAY ANNOUNCED IT HAS ENTERED INTO AN AGREEMENT TO ACQUIRE THE LORI GOLDSTEIN BRANDS, INCLUDING LOGO™ BY LORI GOLDSTEIN. THE ACQUISITION FOCUSES ON GROWING THE POPULAR BRAND THROUGH A MULTI-CHANNEL APPROACH INCLUDING LIVE STREAMING, E-COMMERCE AND GLOBAL DIRECT-RESPONSE TELEVISION NETWORKS, AND EXPANDING THE BUSINESS INTO NEW PRODUCTS AND CATEGORIES.
|
XCEL BRANDS ACQUIRES LOGO BY LORI GOLDSTEIN
|
XELB
|
a5c0a04e-eb88-4264-9cb2-fb3140e63537
|
PressRelease
|
Press Release 0 2CRSI.PA
1 2CRSI.PA
2 2CRSI.PA
3 2CRSI.PA
4 2CRSI.PA
...
83 ZYXI
84 ZYXI
85 ZYXI
0 ZZZ.TO
1 ZZZ.TO
Name: symbol, Length: 320040, dtype: object
|
2021-03-01 14:13:00
| null |
NEW YORK, MARCH 1, 2021 /PRNEWSWIRE/ -- LONGABERGER, A SOCIAL COMMERCE RETAILER AND AMERICAN HOME GOODS BRAND KNOWN FOR ARTISANAL HANDCRAFTED PRODUCTS, TODAY ANNOUNCES SCOTT HALVERSEN WILL JOIN THE COMPANY AS PRESIDENT OF SALES. MAKING HISTORIC STRIDES IN THE SOCIAL SELLING SPACE,...
|
SOCIAL COMMERCE LEADER, LONGABERGER, CONTINUES COMMITMENT TO SUPPORT WOMEN ENTREPRENEURS WITH TEAM EXPANSION
|
XELB
|
a5c0a04e-eb88-4264-9cb2-fb3140e63537
|
PressRelease
|
Press Release 0 2CRSI.PA
1 2CRSI.PA
2 2CRSI.PA
3 2CRSI.PA
4 2CRSI.PA
...
83 ZYXI
84 ZYXI
85 ZYXI
0 ZZZ.TO
1 ZZZ.TO
Name: symbol, Length: 320040, dtype: object
|
2020-11-12 16:05:00
| null |
NEW YORK, NOV. 12, 2020 (GLOBE NEWSWIRE) -- XCEL BRANDS, INC. (NASDAQ: XELB) (“XCEL” OR THE “COMPANY”), A MEDIA AND CONSUMER PRODUCTS COMPANY, TODAY ANNOUNCED ITS FINANCIAL RESULTS FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2020.
|
XCEL BRANDS, INC. ANNOUNCES THIRD QUARTER 2020 RESULTS
|
XELB
|
a5c0a04e-eb88-4264-9cb2-fb3140e63537
|
PressRelease
|
Press Release 0 2CRSI.PA
1 2CRSI.PA
2 2CRSI.PA
3 2CRSI.PA
4 2CRSI.PA
...
83 ZYXI
84 ZYXI
85 ZYXI
0 ZZZ.TO
1 ZZZ.TO
Name: symbol, Length: 320040, dtype: object
|
2020-08-19 20:30:00
| null |
XCEL BRANDS, INC. ANNOUNCES SECOND QUARTER 2020 RESULTS.Q2 NON-GAAP EARNINGS PER SHARE $0.06.Q2 GAAP LOSS PER SHARE $0.07.Q2 REVENUE $5.1 MILLION.
|
XCEL BRANDS REPORTS Q2 NON-GAAP EARNINGS PER SHARE $0.06
|
XELB
|
a5c0a04e-eb88-4264-9cb2-fb3140e63537
|
PressRelease
|
Press Release 0 2CRSI.PA
1 2CRSI.PA
2 2CRSI.PA
3 2CRSI.PA
4 2CRSI.PA
...
83 ZYXI
84 ZYXI
85 ZYXI
0 ZZZ.TO
1 ZZZ.TO
Name: symbol, Length: 320040, dtype: object
|
2020-05-19 18:30:00
| null |
XCEL BRANDS, INC. ANNOUNCES FIRST QUARTER 2020 RESULTS.Q1 GAAP LOSS PER SHARE $0.04.Q1 REVENUE FELL 8 PERCENT TO $9.5 MILLION.Q1 NON-GAAP EARNINGS PER SHARE $0.00.
|
XCEL BRANDS POSTS Q1 LOSS PER SHARE OF $0.04
|
XELB
|
a5c0a04e-eb88-4264-9cb2-fb3140e63537
|
PressRelease
|
Press Release 0 2CRSI.PA
1 2CRSI.PA
2 2CRSI.PA
3 2CRSI.PA
4 2CRSI.PA
...
83 ZYXI
84 ZYXI
85 ZYXI
0 ZZZ.TO
1 ZZZ.TO
Name: symbol, Length: 320040, dtype: object
|
2020-04-13 18:30:00
| null |
XCEL BRANDS, INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2019 RESULTS.Q4 GAAP LOSS PER SHARE $0.28.Q4 REVENUE $11.4 MILLION.CURRENT YEAR QUARTER'S NET LOSS IS PRIMARILY ATTRIBUTABLE TO A $6.2 MILLION IMPAIRMENT CHARGE RELATED TO JUDITH RIPKA TRADEMARKS.XCEL BRANDS - IMPACTS OF COVID-19 PANDEMIC ARE SIGNIFICANTLY ADVERSELY AFFECTING ITS BUSINESS, FINANCIAL CONDITION AND OPERATING RESULTS.IMPACTS OF COVID-19 PANDEMIC ARE EXPECTED TO CONTINUE TO IMPACT FINANCIAL CONDITION IN NEAR FUTURE.
|
XCEL BRANDS INC REPORTS Q4 AND FISCAL YEAR 2019 RESULTS
|
XELB
|
a5c0a04e-eb88-4264-9cb2-fb3140e63537
|
PressRelease
|
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