Form I 4 Receipt Notice 4 Shocking Facts About Form I 4 Receipt Notice

IRVING, Texas, April 03, 2020 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela”) (NASDAQ:XELA), a location-agnostic all-around business action automation (BPA) baton beyond abundant industries, today appear that on April 2, 2020,  the Aggregation accustomed an advancing apprehension (the “Notice”) from the Agents of the Advertisement Qualifications Administration of The Nasdaq Stock Market LLC (“Nasdaq”) advice the Aggregation that, as a aftereffect of its abortion to appropriate book its Annual Report on Form 10-K for the year concluded December 31, 2019 (the “Form 10-K”), it is not in acquiescence with Nasdaq Advertisement Rule 5250(c)(1) (the “Rule”), which requires appropriate filing of alternate letters with the SEC.

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In the Notice, Nasdaq adumbrated that the Aggregation has 60 agenda canicule from the date of the Apprehension (or until June 2, 2020) to abide a plan to achieve acquiescence with Nasdaq’s connected advertisement requirements. If such a plan is appropriate submitted by the Company, the Nasdaq agents may admission the Aggregation up to 180 agenda canicule from the due date of the Form 10-K, or until September 28, 2020, to achieve compliance.  

About Exela TechnologiesExela is a business action automation (BPA) leader, leveraging a all-around brand and proprietary technology to accommodate agenda transformation solutions acceptable quality, productivity, and end-user experience. With decades of acquaintance operating mission-critical processes, Exela serves a growing agenda of added than 4,000 barter throughout 50 countries, including over 60% of the Fortune® 100. With basal technologies spanning advice management, workflow automation, and chip communications, Exela’s software and casework accommodate multi-industry administration band-aid suites acclamation accounts and accounting, animal basic management, and acknowledged management, as able-bodied as industry-specific solutions for banking, healthcare, insurance, and accessible sectors. Through cloud-enabled platforms, congenital on a configurable assemblage of automation modules, and over 22,000 advisers operating in 23 countries, Exela rapidly deploys chip technology and operations as an end-to-end agenda adventure partner.

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Forward-Looking Statements: Certain statements included in this columnist absolution are not absolute facts but are advanced statements for purposes of the safe anchorage accoutrement beneath The Private Securities Litigation Reform Act of 1995. Advanced statements about are accompanied by words such as “may”, “should”, “would”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “seem”, “seek”, “continue”, “future”, “will”, “expect”, “outlook” or added agnate words, phrases or expressions. These advanced statements accommodate statements apropos our industry, approaching events, the estimated or advancing approaching after-effects and allowances of the Business Combination, approaching opportunities for the accumulated company, and added statements that are not absolute facts. These statements are based on the accepted expectations of Exela administration and are not predictions of absolute performance. These statements are accountable to a cardinal of risks and uncertainties, including after limitation those discussed beneath the branch “Risk Factors” in Exela’s best afresh filed Annual Report on Form-10-K filed with the Securities and Exchange Commission. In addition, advanced statements accommodate Exela’s expectations, affairs or forecasts of approaching contest and angle as of the date of this communication. Exela anticipates that consecutive contest and developments will account Exela’s assessments to change. These advanced statements should not be relied aloft as apery Exela’s assessments as of any date consecutive to the date of this columnist release.

Find out added at www.exelatech.com.Follow Exela on LinkedIn: https://www.linkedin.com/company/exela-technologies/Follow Exela on Twitter: https://twitter.com/exelatech

Media Contact: Kevin McLaughlinE: kevin.mclaughlin@icrinc.comT: 646-277-1234

Investor Contact: William MainaE: IR@exelatech.comT: 646-277-1236

Form I 4 Receipt Notice 4 Shocking Facts About Form I 4 Receipt Notice – form i 485 receipt notice
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