# EDGAR Filing Document

**Accession Number:** 0001620179
**File Stem:** 0001999371-25-010606
**Filing Date:** 2025-8
**Character Count:** 17017
**Document Hash:** 010d5deb976eccb6afaeec20d78caba2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-010606.hdr.sgml**: 20250805

**ACCESSION NUMBER**: 0001999371-25-010606

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20250805

**DATE AS OF CHANGE**: 20250805

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** XBP Global Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001839530
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-BUSINESS SERVICES, NEC [7389]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 852002883
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92376
- **FILM NUMBER:** 251185224

**BUSINESS ADDRESS:**
- **STREET 1:** 6641 N. BELT LINE ROAD, SUITE 100
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75063
- **BUSINESS PHONE:** (844) 935-2832

**MAIL ADDRESS:**
- **STREET 1:** 6641 N. BELT LINE ROAD, SUITE 100
- **CITY:** IRVING
- **STATE:** TX
- **ZIP:** 75063

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** XBP Europe Holdings, Inc.
- **DATE OF NAME CHANGE:** 20231129

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CF Acquisition Corp. VIII
- **DATE OF NAME CHANGE:** 20210107
**FILED BY**: 

**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
- **EIN:** 471347291
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**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

## Exhibit 99.1

**Exhibit 99.1**

**JOINT FILING AGREEMENT**

Pursuant to Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned beneficial owners of shares of XBP Europe Holdings, Inc. ("XBP Europe Holdings") hereby agree to file with the Securities and Exchange Commission joint Schedules 13D and any amendments thereto with respect to the XBP Europe Holdings securities owned by them, and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings.

The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13D and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.

This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.

---

| | |
|:---|:---|
| Dated: August 5, 2025 | Exela Technologies, Inc. |
|  | By: /s/ Par Chadha |
|  | Par Chadha, Executive Chairman |
| Dated: August 5, 2025 | Par chadha |
|  | By: /s/ Par Chadha |
| Dated: August 5, 2025 | XCV-STS, LLC |
|  | By: /s/ Par Chadha |
|  | Par Chadha/Manager of ETI-MNA, LLC its manager |
| Dated: August 5, 2025 | GP 3XCV LLC |
|  | By: /s/ Par Chadha |
|  | Par Chadha/Manager of ETI-MNA, LLC its manager |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**XBP Global Holdings, Inc.**

*(Name of Issuer)*

**Common Stock, $0.0001 par value**

*(Title of Class of Securities)*

**98400V101**

*(CUSIP Number)*

**Par Chadha**<br>c/o Exela Technologies, Inc.<br>1237 7th St.<br>Santa Monica CA 90401<br>(310) 496-3248

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**07/29/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **98400V101** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Exela Technologies, Inc.** | Name of reporting person<br>**Exela Technologies, Inc.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**33669980.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**33669980.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**33669980.00** | Aggregate amount beneficially owned by each reporting person<br>**33669980.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**27.08%** | Percent of class represented by amount in Row (11)<br>**27.08%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

**Comment for Reporting Person:** Consists of 27,037,562 shares of common stock, $0.0001 par value (the "XBP Common Stock") and warrants in respect of 6,632,418 shares of XBP Common Stock (the "XBP Warrant Shares") of XBP Europe Holdings, Inc., a Delaware corporation ("XBP" or the "Issuer"), acquired in the Restructuring Transactions (as defined below) by Exela Technologies, Inc. ("Exela") through its indirect, wholly owned subsidiaries, XCV-STS, LLC ("XCV-STS") and GP 3XCV LLC ("GP 3XCV" and, collectively with Exela and XCV-STS, the "Consenting ETI Parties").

Upon the completion of the Restructuring Transactions, Exela beneficially owns 27.08% of XBP Common Stock, based on 117,715,369 shares of XBP Common Stock outstanding as of July 29, 2025 and giving effect to 6,632,418 XBP Warrant Shares beneficially owned by Exela through XCV-STS and GP 3XCV.

| **CUSIP No.** | **98400V101** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Par Chadha** | Name of reporting person<br>**Par Chadha** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**2357260.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**33669980.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**2357260.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**33669980.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**36027240.00** | Aggregate amount beneficially owned by each reporting person<br>**36027240.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**28.97%** | Percent of class represented by amount in Row (11)<br>**28.97%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Consists of 2,357,260 shares of XBP Common Stock held directly or indirectly by Par Chadha ("Mr. Chadha"), the Executive Chairman, a director and the controlling shareholder of Exela, and 33,669,980 total shares of XBP Common Stock and XBP Warrant Shares beneficially owned by Exela.

Upon the completion of the Restructuring Transactions, Mr. Chadha beneficially owns, primarily through Exela, 28.97% of XBP Common Stock, based on 117,715,369 shares of XBP Common Stock outstanding as of July 29, 2025 and giving effect to 6,632,418 XBP Warrant Shares beneficially owned by Exela.

| **CUSIP No.** | **98400V101** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**XCV-STS, LLC** | Name of reporting person<br>**XCV-STS, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**6215105.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**6215105.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**6215105.00** | Aggregate amount beneficially owned by each reporting person<br>**6215105.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**5.22%** | Percent of class represented by amount in Row (11)<br>**5.22%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**HC** | Type of Reporting Person (See Instructions)<br>**HC** | |

---

**Comment for Reporting Person:** Consists of 4,926,528 shares of XBP Common Stock and 1,288,577 XBP Warrant Shares acquired in the Restructuring Transactions and held directly by XCV-STS.

Upon the completion of the Restructuring Transactions, XCV-STS beneficially owns 5.22% of XBP Common Stock, based on 117,715,369 shares of XBP Common Stock outstanding as of July 29, 2025 and giving effect to 1,288,577 XBP Warrant Shares held directly by XCV-STS.

| **CUSIP No.** | **98400V101** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**GP 3XCV LLC** | Name of reporting person<br>**GP 3XCV LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**27454875.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**27454875.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**27454875.00** | Aggregate amount beneficially owned by each reporting person<br>**27454875.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**22.31%** | Percent of class represented by amount in Row (11)<br>**22.31%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**HC** | Type of Reporting Person (See Instructions)<br>**HC** | |

---

**Comment for Reporting Person:** Consists of 20,430,831 shares of XBP Common Stock and 5,343,841 XBP Warrant Shares acquired in the Restructuring Transactions and held directly by GP 3XCV, and  1,680,193 shares of XBP Common Stock obtained pursuant to the MIPA (as defined below).

Upon the completion of the Restructuring Transactions, GP 3XCV beneficially owns 22.31% of XBP Common Stock, based on 117,715,369 shares of XBP Common Stock outstanding as of July 29, 2025 and giving effect to 5,343,841 XBP Warrant Shares held directly by GP 3XCV.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock, $0.0001 par value

**(b) Name of Issuer:**
XBP Global Holdings, Inc.

**(c) Address of Issuer's Principal Executive Offices:**
6641 N. BELT LINE ROAD, SUITE 100, IRVING, TX, 75063

**Item 4. Purpose of Transaction**

The information set forth in Item 3 of this Schedule 13D is hereby incorporated into this Item 4 by reference.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The information set forth in Item 3 of this Schedule 13D is hereby incorporated into this Item 5 by reference.

The Reporting Persons beneficially own an aggregate of 36,027,240 shares of XBP Common Stock and XBP Warrant Shares, which represent 28.97% of the outstanding shares of XBP Common Stock, as determined and described in the cover pages of this Schedule 13D.

**(b)**
The Reporting Persons have sole or shared power to vote and sole or shared power to dispose of an aggregate of 36,027,241 shares of XBP Common Stock and XBP Warrant Shares, as determined and described in the cover pages of this Schedule 13D.

**(c)**
As described in Item 3 of this Schedule 13D.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

The information set forth in Items 3 of this Schedule 13D is hereby incorporated into this Item 6 by reference.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Exela Technologies, Inc.

**Signature:** /s/ Par Chadha

**Name/Title:** Par Chadha/Executive Chairman

**Date:** 08/05/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Par Chadha

**Signature:** /s/ Par Chadha

**Name/Title:** Par Chadha

**Date:** 08/05/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** XCV-STS, LLC

**Signature:** /s/ Par Chadha

**Name/Title:** Par Chadha/Manager of ETI-MNA, LLC its manager

**Date:** 08/05/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** GP 3XCV LLC

**Signature:** /s/ Par Chadha

**Name/Title:** Par Chadha/Manager of ETI-MNA, LLC its manager

**Date:** 08/05/2025