# EDGAR Filing Document

**Accession Number:** 0001620179
**File Stem:** 0001104659-23-033617
**Filing Date:** 2023-3
**Character Count:** 6184
**Document Hash:** 09b56dcea37c6b787ec8e9b0162a02bf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-033617.hdr.sgml**: 20230317

**ACCESSION NUMBER**: 0001104659-23-033617

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20230314

**ITEM INFORMATION**: Other Events

**FILED AS OF DATE**: 20230317

**DATE AS OF CHANGE**: 20230317

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Exela Technologies, Inc.
- **CENTRAL INDEX KEY:** 0001620179
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-BUSINESS SERVICES, NEC [7389]
- **IRS NUMBER:** 471347291
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36788
- **FILM NUMBER:** 23740841

**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

?xml version="1.0" encoding="utf-8"?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): March 14, 2023

w

**EXELA TECHNOLOGIES, INC.**

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Delaware** | **001-36788** | **47-1347291** |
| (State or other jurisdiction of<br> incorporation or organization) | (Commission File Number) | (I.R.S. Employer<br> Identification Number) |

---

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| | |
|:---|:---|
| **2701 E. Grauwyler Rd.**<br> **Irving, TX** | **75061** |
| (Address of principal executive offices) | (Zip Code) |

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Company's telephone number, including area code: **(844) 935-2832**

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of Each Class** | **Trading<br> Symbol** | **Name of Each Exchange<br> on<br> Which Registered** |
| Common Stock, Par Value $0.0001 per share | XELA | The Nasdaq Stock Market LLC |
| 6.00% Series B Cumulative Convertible Perpetual Preferred Stock, par value $0.0001 per share | XELAP | The Nasdaq Stock Market LLC |

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

◻ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

◻ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

◻ Emerging growth company

◻ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

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| | |
|:---|:---|
| **Item 8.01** | **Other Events** |

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On March 14, 2023, Exela Technologies, Inc. (the "Company") received a decision from the Nasdaq Hearing Panel (the "Panel") of The Nasdaq Stock Market ("Nasdaq") stating that the Panel had granted the Company an exception to the Nasdaq Listing Rule 5550(a)(2) (the "Rule") until May 19, 2023, by which point the Company must demonstrate compliance with the Rule. The Company expects that the exception granted by Nasdaq will maintain the trading of the Company's securities on Nasdaq until at least May 19, 2023.

The Company plans to hold a special meeting of shareholders on May 4, 2023, to obtain approval for a reverse stock split. If approved, the common stock is expected to start trading on a post-split basis on May 8, 2023, and the Company thereby anticipates regaining compliance with the Rule on May 19, 2023.

*Forward-Looking Statements*

This Current Report on Form 8-K contains "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the potential financing. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. These statements are based on various assumptions, whether or not identified in this Current Report on Form 8-K. These forward-looking statements are not intended to serve as and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company. You should carefully consider the foregoing factors as well as other factors discussed in the Company's filings with the Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements.

**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: March 17, 2023

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| | |
|:---|:---|
| EXELA TECHNOLOGIES, INC. | EXELA TECHNOLOGIES, INC. |
| By: | /s/ Erik Mengwall |
|  | Name: Erik Mengwall |
|  | Title: Secretary |

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